The second instance of the Judiciary has shown itself to be more flexible to the conditions presented in recovery plans. Recent rulings by São Paulo judges have allowed, for example, interest rates of less than 1% per month for payment to creditors and also discounts of more than 50% of the value of debts – issues with dominant case law….
Read more at: http://www.valor.com.br/legislacao/4868042/tj-sp-aprova-recuperacoes-com-grande-desagio-e-juros-reduzidos
