123 Milhas asks for judicial protection with debt estimated at R$2 billion
In an interview with Valor Econômico, Leonardo Ribeiro Dias, head of our litigation, arbitration and insolvency practice, commented on the online travel and points trading agency 123 Milhas and its request for judicial reorganization. 123 Milhas has suspended the exchange of vouchers that were offered to customers as reimbursement for the suspension of packages and […]
Miles market raises alarm bells for consumers
In an interview with Correio Braziliense, Leonardo Ribeiro Dias, head of our litigation, arbitration and insolvency practice, commented on the online travel and points trading agency 123 Milhas and the possibility of it going into receivership. 123 Milhas suspended packages and the issuing of tickets for its promotional line and took consumers by surprise, rekindling […]
Updating of judicial reorganization credits may have criteria that differ from the law
In a judgment on a Special Appeal[1] by a company undergoing judicial reorganization, the 3rd Panel of the Superior Court of Justice (STJ) ruled that the general meeting of creditors is free to establish a criterion for updating claims other than that provided for in article 9, II, of Law 11.101/2005, provided that it does […]
Judicial recovery of Americanas: what are the labor issues like?
Luara Rezende, thelawyer at Marcos Martins Advogados. In recent weeks, the topic on the rise has been the request for judicial recovery carried out by Grupo Americanas and its developments, with various analyzes on the sudden decision, since the company of more than 100 years, with a solid reputation in the retail market, overnight, it […]
With judicial reorganization approved, Americanas (AMER3) has 60 days to present plan
Marcela Villar. The Rio de Janeiro courts have just approved Americanas’ request for judicial reorganization (RJ). The decision was issued by Judge Paulo Assed Estefan, of the 4th Business Court of the Capital District of the State of Rio de Janeiro. The retailer filed for RJ earlier this afternoon, as Broadcast reported first hand. With […]
Company in judicial reorganization makes tax transaction agreement with tax loss
Rafael ZanchettinLawyer at Marcos Martins Advogados A company in judicial reorganization entered into a tax settlement agreement with the Attorney General’s Office of the National Treasury (PGFN) to pay its debts using tax losses, obtaining a rebate of approximately 85% (eighty-five percent) of the amount of the credit, which could be paid in several installments. […]
Can a farmer’s future harvest be considered an essential asset in the event of judicial reorganization?
The article “Can a rural producer’s future harvest be considered an essential asset in the event of judicial reorganization?”, by lawyer Tatiane Faria, is featured on the Agribusiness Portal. The subject is contradictory in the courts, especially when the discussion turns to the income obtained through essential assets of the company in the process of […]
Can a farmer’s future harvest be considered an essential asset in the event of judicial reorganization?
Tatiane FariaLawyer at Marcos Martins Advogados In the majority of cases, the future harvest serves as a stimulus for new planting and is responsible for the rural producer’s capital turnover, making it essential for productive activities, especially for rural entrepreneurs in crisis. In this sense, the legal protection of agricultural production is fundamental for marketing […]
Rosalito has its judicial reorganization plan approved
An article on the approval of Cerealista Rosalito’s judicial reorganization plan is featured on the Migalhas portal. The approved plan was drawn up and negotiated jointly by the law firms Marcos Martins Advogados and DASA Advogados. Cerealista Rosalito, an important agribusiness company, has a debt of R$70 million. From the outset, the company has demonstrated […]
Rosalito has its judicial reorganization plan approved
The process was conducted by the law firms Marcos Martins Advogados and DASA Advogados Cerealista Rosalito, an important agribusiness company known for planting and selling cereals, has just had its judicial reorganization plan approved. The company has a debt of R$70 million. The process was drawn up jointly by the law firms Marcos Martins Advogados […]