All You Need to Know About Odebrecht Bankruptcy Process: Primer

Two months after Odebrecht SA filed for Latin American’s biggest bankruptcy protection, the holding company is now preparing to release a recovery plan for court review in a process that is similar to Chapter 11 in the U.S. Here’s what we know about the legal procedure as the family-owned Brazilian firm seeks to restructure about $25 billion in debt.

The Odebrecht court process involves restructuring 98.5 billion reais in debt that includes inter-company loans and guarantees. Units such as Braskem SA and Odebrecht Engenharia e Construcao SA are not part of the court restructuring.

Here are answers to questions that ...