Ambipar Preliminary Injunction Extended by Brazil Court

A Rio de Janeiro court has extended, until ulterior decision, a Preliminary Injunction that granted Ambipar emergency protection against creditors, according to a court document, although the decision excluded some items from the debt suspension measure.

• Court excluded “credits with fiduciary guarantee” and “early maturity and compensation clauses within the scope of repurchase agreements and derivatives” from Preliminary Injunction
• Decision grants five days for Ambipar to complete the information necessary to define jurisdiction
• NOTE: Ambipar Gets Emergency Court Protection as Creditors Pounce
• NOTE: Brazil’s Ambipar Seeks Bankruptcy in Latest Market Jolt

Original Story:Ambipar tem medida cautelar p/ dívida estendida ...