Atlântico Sul Shipyard Launches Labor Credit Mediation Campaign

Written by Paulo Nogueira

Published on 22/09/2020 at 14:52

Updated on 22/09/2020 at 14:54

Estaleiro Atlântico Sul /divulgação

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Reconciliation Campaign Will Enable Partial Debt Payments Before Assembly, In A Judicial Recovery Process Of R$ 2.4 Billion

Last week, the notice for the debt reconciliation campaign with 700 labor creditors was published, in the judicial recovery process of Estaleiro Atlântico Sul (EAS), in Pernambuco. The measure, authorized by the 1st Civil Court of Ipojuca, will allow partial payment of amounts before the general creditors’ assembly, which involves a total liability of R$ 2.4 billion.

With this, creditors will be called to negotiate the credits, which are the lowest value in the entire process. The oversight of the procedure will be by the Medeiros & Medeiros Judicial Administration office, which was appointed judicial administrator of the Shipyard in February.

“Extrajudicial mediation is a new and very positive tool for the recovery process. It allows smaller creditors to receive a good portion of their credits, mitigating the impacts for workers and companies. Furthermore, it resolves conflicts and prevents other actions from being filed”, explains João Medeiros Fernandes Jr., a partner at the firm.

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Atlântico Sul Shipyard Launches Labor Credit Mediation Campaign

Reconciliation Campaign Will Enable Partial Debt Payments Before Assembly, In A Judicial Recovery Process Of R$ 2.4 Billion

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Atlântico Sul Shipyard Launches Labor Credit Mediation Campaign

Reconciliation Campaign Will Enable Partial Debt Payments Before Assembly, In A Judicial Recovery Process Of R$ 2.4 Billion

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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