Light Reaches the End of a Three-Year Judicial Recovery
10 Articles
10 Articles
In relevant fact released on Wednesday night, Light announced to the shareholders that the 3rd Business House of the Capital District of the State of Rio de Janeiro has decreed the end of the judicial recovery of the company, declaring fulfilled all the obligations verified during the period of supervision have been fulfilled. The decision was given after favorable opinions of the Judicial Administration and the Public Prosecutor of the State of…
After more than three years, Light left the judicial recovery last night. For the company, the decision of the Justice was almost a formality: the main conditions of the plan had already been fulfilled, including a capital increase of R$ 1.5 billion and the conversion of about R$ 2.2 billion of debt [...]
The decision was made after favourable opinions of the Judicial Administration and the Public Prosecutor's Office of the State of Rio de Janeiro
Light (LIGT3) announced, at the end of the evening of Wednesday (9), the closure of the company's judicial recovery. By means of relevant fact, the company declared ☆ fulfilled all the obligations provided for in the Judicial Recovery Plan verified during the period of supervision, including between June 18, 2024 and June 18, this year. [...]
The Justice of Rio de Janeiro determined the end of Light's judicial recovery after assessing that the company fulfilled the main obligations set out in the plan submitted to creditors.
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