Judges should take a less procedural approach to restructuring, says top São Paulo judge

Judges should take a less procedural approach to restructuring, says top São Paulo judge

Daniel Carnio Costa, a bankruptcy judge at the First Bankruptcy Court of Brazil in São Paulo, called on his colleagues to ensure the social and economic benefits of corporate restructuring take precedence over the interests of the creditors and debtors in the keynote speech at the Latin Lawyer - GRR Restructuring Summit, which was held in New York earlier this month.

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