Brazilian Odebrecht to Decide Today Whether to File for Bankruptcy

The bankruptcy of scandal-ridden Odebrecht would be Brazil’s most significant judicial recovery ever, greater than that filed in 2016 by telcom giant Oi, with a R$64 billion debt under restructuring.

By Newsfeed/Valor Econômico

SÃO PAULO, BRAZIL - The board of the once all-powerful and deeply corrupt conglomerate Odebrecht is expected to give a green light this Monday, June 17th, to filing for bankruptcy protection from creditors, writes Brazilian news outlet Valor Econômico.

It would be Brazil’s . . .

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