CNJ Recommendation nº 63/2020 – Orients judges in judicial recoveries to adopt measures to mitigate the impact of COVID-1907/07/2020
Por: Thomas Benes Felsberg, Fabiana Solano, Clara Moreira Azzoni
The National Council of Justice has approved a recommendation to judges presiding over judicial recoveries process, which seeks to minimize the impact of the COVID-19 crisis on businesses. Recognizing the need to protect companies from an irreversible deterioration of their financial critical situation, the recommendation seeks to rebalance relations between parties in a judicial recovery process and to minimize losses. Even though it is not legally binding, it provides important guidance to judges in Brazil.
This content is available only in Portuguese. Find out more here.