RIO DE JANEIRO, BRAZIL - Bankruptcy filings in Brazil dropped 29.6 percent in January this year compared to December and dropped 2.7 percent in the 12-month period ended in January, according to Boa Vista.
Court-ordered bankruptcies recorded a 13.4 percent decline. Petitions for judicial reorganization and court-ordered recoveries dropped 8.2 and 6.4 percent, respectively, in the 12-month period ended in January.
In a note, the Boa Vista team states that the decline in bankruptcy and judicial reorganization requests in the 12-month period ended in January is due to the improvement in . . .