Sumitomo Bank Asks Court to Suspend Ambipar Protection: Globo

Sumitomo Bank, which has more than 450m reais in debt from an Ambipar subsidiary, filed a request asking a court to remove Ambipar’s protection against creditors, O Globo reports, citing the document.

• Request says protection obtained by Ambipar violates aspects of Brazil’s judicial recovery law, according to the report
• NOTE: Ambipar Gets Emergency Court Protection as Creditors Pounce (2)

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