Americanas S.A.

  1. July 23, 2024

    Americanas Gets US Nod For Reorganization In Brazil

    A New York bankruptcy judge said his trepidation around how Brazilian department store chain Americanas' bankruptcy plan treats creditors that don't give legal releases to nondebtor third parties was quelled, and granted his Chapter 15 sign-off for a plan that was already approved by a court in Rio de Janeiro.

  2. July 11, 2024

    Americanas Ch. 15 Held Up By Creditor Treatment Concern

    A restructuring plan for Brazilian department store chain Americanas SA hit a roadblock Thursday when a New York bankruptcy judge questioned the treatment of noteholders that didn't consent to giving releases to nondebtor third parties.

  3. December 05, 2023

    Brazilian Bank Seeks To Halt Americanas Bankruptcy Plan

    Brazilian bank Banco Safra objected to Brazilian retail chain Americanas most recent restructuring plan that the company and shareholders proposed, saying the plan is "deficient" because it seeks to prevent creditors from continuing to investigate alleged fraud by the company.

  4. January 26, 2023

    Brazilian Retail Chain Seeks US Recognition Of Bankruptcy

    Brazilian retail chain Americanas has asked a New York bankruptcy court to recognize its Brazilian restructuring proceeding, saying $1 billion in notes it issued under New York state law gives it the required U.S. connection.