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

Even the past is uncertain: Brazil Worked Out

By Douglas Thomson

01 May 2020

Even the past is uncertain: Brazil Worked Out shutterstock/1283691793

For the latest of our ‘Worked Out’ features, GRR spoke to a crop of local practitioners about the lack of certainty in the Brazilian restructuring market and its side effects – from local banks trying to cut themselves out of restructurings to equity holders delaying filing before the country’s courts. Will proposed changes to the law bring more predictability? GRR investigates.