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Document library · News report

Mendes Junior requested its judicial reorganization proceeding in Brazil

Issuer
Mondaq (law firm note)
Date
March 2016
Type
News report
Access
full text examined · accessed on Oct. 24, 2026
Original
webiis10.mondaq.com/brazil/insolvencybankruptcy/476224/mendes-junior-requested-i

What we extracted from this document (1)

Mendes Júnior filed for judicial reorganization on March 8, 2016, in the 1st Business Court of Belo Horizonte (case 0579058-27.2016.8.13.0024); in August 2016 IstoÉ Dinheiro recorded that the workforce had fallen from about 15 thousand to 3.6 thousand workers, that the CGU had declared it unfit to bid and that its chief executive had been convicted to almost 20 years.

Document described in a news reportSeveral independent sources

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

Limitations: Declared debt not given in the sources read. IstoÉ mixes Lava Jato with payment delays and the company's earlier crisis; the executive's conviction is criminal (first instance) and must be qualified by the judicial fronts. Mondaq note read via third-party cache.