New Brazilian Bankruptcy Law

A Webinar Presented by Dechert's Financial Restructuring Team

Brazil recently made material amendments to its insolvency laws that will shortly go into effect. The amendments dramatically change the relative leverage between debtors and creditors in a recuperacao judicial (the Brazilian court-supervised judicial reorganization law). Among other things, under the amendments, Brazil adopted the UNCITRAL Model Law on Cross-Border Insolvency, which allows creditors to file plans of reorganization under certain circumstances, and makes it easier for debtors to get debtor-in-possession financing. Such changes will impact both debtors’ and creditors’ strategies for both future and pending RJ proceedings.

Dechert’s financial restructuring team hosted a panel of leading insolvency lawyers and restructuring advisors in Brazil to discuss the implications of the amendments on public, private and global markets.

Details and Timing
Thursday, January 28, 2021
9:30 a.m. - 10:30 a.m. EST
11:30 a.m. - 12:30 p.m. BRT
2:30 p.m. - 3:30 p.m. GMT

Please note that this event was closed to journalists, reporters and any other members of the press. If you are a member of the press and are interested in speaking with someone about the topics discussed at this event, please contact Ashley Baldev at ashley.baldev@dechert.com.

Contact Nikki Bazemore with queries.