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Rio Court Approves Ambipar's Judicial Recovery With 180-Day Creditor Stay

The decision launches a structured process overseen provisionally by a court-appointed administrator.

Overview

  • All lawsuits and debt enforcements are suspended for 180 days, and essential suppliers must keep deliveries to maintain operations.
  • Ambipar must file its recovery plan within 60 days, the administrator has 45 days to publish the creditor list, and creditors will have 30 days to object.
  • The group reports roughly R$10.5–11 billion in debt after a liquidity crunch tied to disputed derivatives and a Deutsche Bank collateral call.
  • Ambipar Emergency Response in the United States has sought protection under Chapter 11 in a parallel cross-border step.
  • Police in São Paulo are investigating former CFO João Arruda over alleged irregularities, and Ambipar shares jumped 21.2% to R$0.40 following the ruling.