Braskem: Justice of SP Bar Contributions to Bakide - 25/09/2026
4 Articles
4 Articles
Following the recommendation of the Public Prosecutor's Office of São Paulo (MPSP), the Justice also appointed a judicial administrator to accompany the RE of Braskem
With debts greater than R$ 56 billion, Braskem must present recovery plan within 15 days after court decision
The Justice of São Paulo suspended, on Thursday (24), the sending of resources by Braskem to the process of restructuring Bakide (Braskem Idesa), subsidiary of the company in Mexico. The decision prohibits financial contributions, provision of new guarantees by the controllers and conclusion of commitments of option of sale or purchase of shares. Read more (09/25/2026)
Precautionary measure suspends funding of US$ 415 million and contribution of US$ 71 million to the Mexican unit; creditors fear capital reduction
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