Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

PDG Realty files for judicial reorganisation with over 500 subsidiaries

By Tom Muskett-Ford

17 March 2017

PDG Realty files for judicial reorganisation with over 500 subsidiaries São Paulo iStock.com/C_Fernandes

Insolvency boutique E Munhoz Advogados is advising Brazilian homebuilder PDG Realty in a judicial reorganisation authorised by a São Paulo court this month, involving hundreds of subsidiaries and some 5.4 billion reais (US$1.75 billion) in debt.