Grupo Moreno’s successful judicial reorganization plan, advised on by our firm, has been highlighted in Valor Econômico.
With the structuring of a DIP (debtor-in-possession) financing, through which a company in judicial reorganization can cover its lack of cash flow and resolve debts with its creditors, the company was able to pay off all amounts owed to creditors without having to sell its businesses and exit the judicial reorganization that commenced in 2019.
Read the full article, in Portuguese and available to subscribers, at: https://glo.bo/3HJMrhr
