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Published on 6/23/2015 in the Prospect News Distressed Debt Daily, Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Lupatech, subsidiaries win approval of court-supervised reorganization

By Caroline Salls

Pittsburgh, June 23 – Lupatech SA received approval of the court-supervised reorganization filed jointly with other subsidiaries of the Lupatech group in a decision issued by the First Court of Bankruptcy and Judicial Recovery of São Paulo, according to a news release.

As previously reported, the company filed for court-supervised reorganization on May 25.

Lupatech manufactures industrial materials and is based in Caxias do Sul, Brazil.


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