Bankruptcy Petitions Drop 42 Percent in February, Says Credit Analyst Boa Vista

By contrast, there was an increase in petitions for judicial reorganization (26.6 percent), judicial reorganizations granted (56.4 percent) and bankruptcies decreed (43.9 percent).

RIO DE JANEIRO, BRAZIL - Bankruptcy petitions dropped 42 percent in February compared to January, according to national data from Boa Vista. Compared to February 2019, the drop was 77.9 percent, while in 12 months there was a 10.5 percent reduction in these requests.

By contrast, there was an increase . . .

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