Sete Brasil entra com pedido de recuperação judicial

Issuer: Jornal do Brasil
Date: April 30, 2016
Type: News report
Access: full text examined · accessed on Oct. 24, 2026
Original: www.jb.com.br/economia/noticias/2016/04/30/amp/sete-brasil-entra-com-pedido-de-r

What we extracted from this document (1)

Sete Brasil filed for judicial reorganization in Rio de Janeiro in April 2016 (3rd Business Court), citing the fall in oil prices and the Lava Jato scandals as causes; the company was created in 2010 to build rigs for the pre-salt and its shareholders reportedly invested R$8.3 billion.

News reportSeveral independent sources

Source: Sete Brasil entra com pedido de recuperação judicial — Jornal do Brasil, Apr. 30, 2016 · News report of April 30, 2016 · open original ↗

News report · full text examined · accessed on Oct. 24, 2026

Limitations: The report gives the debt to banks and suppliers as 'R$19.3 million' in the body and 'R$19.3 billion' in the headline; from context it would be billions, but the text is inconsistent. The exact filing date is not stated. Poder360 (2024) speaks of judicial reorganization since May 2016; the Wilson Center and Exame, of April 2016.