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Falência e Recuperação

Informas

22/05 - The Bill 1,397/2020 and Brazilian preventive measures to insolvency

The Brazilian House of Representatives, on May 21st, 2020, has approved the Bill 1,397/2020 which establishes transitory provisions for foreclosures, credit and collateral enforcement proceedings, among other measures related to in-court and out-of-court reorganizations, bringing an “insolvency prevention system”.