Comparative law notes
There are two types of reorganization proceedings in Brazil: court-supervised reorganization ("recuperação judicial") and out-of-court reorganization ("recuperação extrajudicial").
There are multiple definitions - click on the translation that matches your context.
- reorganization
- Chapter 11
recuperação de empresa means:
recuperação de empresa
substantivo
full
reorganization
noun
Definitions of reorganization
a plan to change the structure of a company to improve it, often used in the bankruptcy area
The reorganiszation was prescribed by federal bankruptcy laws.