Justice Homologous OSX Recovery and Unlocks Payments
4 Articles
4 Articles
Justice certifies OSX judicial recovery plan and releases payments to creditorsJustice certifies OSX plan with cram down and defines payments to creditors
The Justice approved, on Wednesday (30), the judicial recovery plan of OSX Brazil and applied the so-called cram down, mechanism that allows to approve a plan even when it is rejected by one of the classes of creditors, provided that the conditions provided for the case are met. With the approval, granted by Judge Leonardo of [...] The post Justice approves judicial recovery plan of OSX appeared first in Market Monitor.
OSX, a shipbuilding company owned by Eike Batista, has notified the market of the approval of the plan in judicial recovery by the Justice of Rio de Janeiro. In the relevant fact sent to the CVM, the company reports to have been informed of the decision on Wednesday (30). Read more (10/01/2026
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