Americanas, a nearly century-old company backed by the trio of billionaires who founded 3G Capital, filed for bankruptcy earlier this year after uncovering $4 billion of accounting inconsistencies. The approval marks a key step for Americanas, but it still needs to be ratified by a Brazilian judge.
Dec 19, 2023
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Mar 30, 2023 · Brazilian retailer Americanas SA , which filed for bankruptcy protection in January, faces resistance from key creditors to a reorganization ...
Because the Americanas, a 93-year-old company with stores across Brazil, surprised everyone by filing for bankruptcy protection owing creditors around $8 bn.
Jun 22, 2023 · Americanas, which filed for bankruptcy protection in January after uncovering 20 billion reais, some $4 billion, in accounting fraud, is now ...
Nov 27, 2023 · Brazilian retailer Americanas SA reached an agreement with bank creditors to overhaul some of its debt, in a key step toward eventually ...
Feb 26, 2024 · Americanas' judicial recovery plan was approved Monday by the 4th Business Court of Rio de Janeiro, according to a filing.
Apr 11, 2023 · Bankrupt Brazilian retailer Americanas said on Tuesday it has reached an agreement with some of its creditors to temporarily suspend ongoing ...
Rio de Janeiro-headquartered retailer Americanas has secured recognition of its Brazilian restructuring in New York, as it dismissed reports that its ...
Dec 5, 2023 · Banco Safra asked the court to conduct a legal review of the plan, saying it contains "flagrantly illegal" provisions which must be remedied.
Jun 1, 2023 · Americanas SA, the Brazilian retailer in bankruptcy protection following a massive accounting error, received some good news in April as ...