Three firms confirm roles in Banco Cruzeiro do Sul liquidation

Pinheiro Neto Advogados, Levy & Salomão Advogados and Felsberg, Pedretti e Mannrich Advogados have confirmed they are advising a number of creditors in the liquidation of Banco Cruzeiro do Sul, which has caused the Brazilian Central Bank to change the rules for sales of loan portfolios in a bid to boost funding for small and mid-sized lenders following a squeeze on credit caused by bank bailouts.

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