Even the past is uncertain: Brazil Worked Out
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.
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GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.