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Brazilian Superior Court of Justice: Can a Creditor Stay Out of Judicial Reorganization If Not Listed in the General List of Creditors?

Brazil - August 13 2021 In a decision rendered on May 25, 2021, in Special Appeal No. 1.851.692, the Fourth Panel of the Brazilian Superior Court of Justice (“STJ”) decided…

National Congress rejects 12 of the 14 vetoes imposed by the President of theRepublic on the Amended Brazilian Bankruptcy Code

Brazil - March 26 2021 On March 17, 2021, the National Congress rejected 12 of the 14 vetoes by President Jair Bolsonaro (veto nº 57/2020) on Law nº 14,112/2020, which…

Pedro Humbert

Bankruptcy law reforms in Brazil introduce new DIP financing provisions

Brazil - March 8 2021 In January 2021, Law 14.112/20 introduced a new section into the Brazilian Bankruptcy Law (the "BBL") regulating financing for companies…

Brazilian Superior Court of Justice: Existence of a Credit for Its Subjection to a Judicial Reorganization Proceeding Is Determined by the Date of the Triggering Event

Brazil - December 22 2020 On April 22, 2020, the Second Section of the Brazilian Superior Court of Justice (“STJ”) submitted Special Appeals nº 1.843.332/RS, 1.840.531/RS, 1…

Pedro Humbert

TJ/SP decide que credor fiduciário, ao optar por executar dívida, renuncia a sua garantia fiduciária e conclui ser necessária a individualização do objeto da garantia fiduciária para que esta seja válida e eficaz

Brazil - August 18 2020 Em decisão datada de 23 de julho de 2020, de Relatoria do Desembargador Fortes Barbosa, a 1ª Câmara Reservada de Direito Empresarial do Tribunal de…

Eleonora Adas, Leonardo Morato