
LegalJun 26, 2026, 12:36 PM
Braskem Granted 60-Day Stay on Creditor Enforcement Actions
AI Summary
Braskem S.A. announced that the 2nd Bankruptcy and Judicial Reorganization Court of São Paulo granted a precautionary injunctive relief. This order stays all enforcement actions and attachments by creditors involved in a mediation process for 60 days. The company emphasized that this relief is strictly financial and does not impact obligations to suppliers, customers, or other stakeholders, which continue to be performed in the ordinary course of business.
Key Highlights
- Court granted Braskem S.A. a precautionary injunctive relief.
- Order stays all enforcement actions and attachments by creditors.
- The stay is effective for a period of 60 days.
- Applies to creditors participating in a mediation proceeding.
- Relief is strictly financial and does not affect operational obligations.
Price Impact
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