June 11, 2019 |
More companies could file for bankruptcy in Brazil in the second half of the year and surpass the total from last year as the economy fails to get going and Congress delays in passing pension reforms, LatinFinance has heard.
"The economy was expected to pick up after the elections, but there have not been many improvements, and we are still waiting for the reforms to pass," said a São Paulo lawyer who is working on Odebrecht's debt restructuring. "It's possible that we will see even more restru
Insolvencies could surpass last year's totals as the economy flounders and Congress delays in passing pension reform, source says