The Ambipar Board of Directors approved the terms and conditions proposed for the judicial recovery plan of the company and its subsidiaries, as well as their presentation in the minutes of the judicial recovery process of the Ambipar group, underway before the Court of the 3rd Commercial Court of Rio de Janeiro, which took place this Friday (19).
According to the company, the plan defines the measures that can be adopted with a view to overcoming the current economic and financial situation of the Ambipar group and maintaining its activities. The plan was structured by the group in collaboration with its financial and legal advisors.
“The proposed measures aim to guarantee the normality of operations, the continuity of the provision of services with the usual quality to customers and partners, as well as the maintenance of jobs and the development of the Ambipar Group workforce,” specifies Ambipar.
While waiting to be submitted to the general meeting of creditors, the legal recovery plan may be modified depending on the agreements with all the stakeholders concerned, adds the company.
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