Why is out-of-court reorganization still underused in Brazil?
In recent years, Brazil has seen a significant increase in the number of judicial recoveries. According to data from Serasa Experian, the growth was almost 70% last year and 71% in the first half of 2024 alone, compared to the same period in 2023. This phenomenon can be explained by several factors, ranging from the […]
The possibility of disposing of assets by a company in out-of-court reorganization
Mário ConfortiLawyer at Marcos Martins Advogados Camila Asha Champam de LacerdaLawyer at Marcos Martins Advogados Recently, Law No. 11.101/05, which deals with Bankruptcy, Judicial Reorganization and Out-of-Court Reorganization, was reformed by Law No. 14.122/20, bringing relevant changes regarding the sale of Isolated Production Units (“UPIs”), a procedure frequently used in Judicial Reorganization proceedings due to […]
