Ambipar Wins Ruling to Keep Restructuring Case in Rio With Urgent Shields From Creditor Actions

An appellate judge deemed Rio’s 3rd Business Court competent, signaling an expedited decision on the reorganization request.

Overview

Second‑instance decision by Judge Mauro Pereira Martins recognized the Rio venue and granted anticipated relief that blocks creditor executions, acceleration triggers and suspension of essential contracts.
The recovery petition itself has not been granted, so the company remains under provisional protections while the case is processed.
Creditor banks that pushed to move the case to São Paulo can seek review through an internal appeal to bring the venue issue before the court’s collegiate body.
The judge cited documents indicating Ambipar concentrates management and a larger share of its business in Rio, supporting the jurisdiction finding.
Ambipar shares closed up 34.6% at R$0.35 after the ruling, and the company has said Deutsche Bank’s demand on a US$35 million loan prompted its request for court protection.