Odebrecht’s request for judicial reorganization has been accepted by the courts. The company has debts totaling 4.6 billion dollars.
In an interview with Rádio Nova Brasil FM, Leonardo Ribeiro Dias, head of our Litigation, Arbitration and Insolvency practice, said that the expectation is that the group will be able to restructure its debts and obtain the necessary financing to maintain its activities.
However, everything depends on the approval of the company’s judicial reorganization plan, which should be presented in approximately 60 days.
Watch the full interview:
