According to data from Serasa, in 2023, the number of requests for judicial reorganization in Brazil rose by 68.7%, with 1,405 companies resorting to the resource. In 2024, from January to May, 837 requests have already been made.
In an article published by Terra, Leonardo Ribeiro Dias, head of our Litigation, Arbitration and Insolvency area, points out that several causes can lead a company to file for judicial reorganization.
Succession problems, disputes between partners, poor management, lack of governance, wrong strategic decisions and termination of contracts with clients or suppliers can all be mentioned. There are also macroeconomic circumstances, sectoral crises, high interest rates, difficulty in accessing credit, regulatory issues, the entry of new competitors, among others.
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