In this episode of the International Insolvency Institute’s Global Perspectives podcast, we delve into recent insolvency law reforms in Brazil, a country that has made significant changes to its legal framework in the past few years.

Brazil introduced substantial reforms to its insolvency laws in 2005, and more recently in 2020, bringing its system more in line with international best practices. These reforms have notably improved corporate restructuring processes and have aimed to enhance the role of the judiciary and regulators in handling insolvency cases.

Our expert panellists, Joao Guilherme Thiesi da Silva (Pinheiro Neto Advogados) and Guillerme França (Lollato Lopes Rangel Ribeiro Advogados), offer insightful commentary on the effectiveness of these reforms and how they align with global trends, particularly considering their experiences in the US and Brazil. Their conversation also explores how these changes facilitate better outcomes for distressed businesses, as well as the challenges that remain, especially in terms of access to credit and cross-border insolvencies.

The podcast is introduced by NextGen Program Chairperson, ⁠Adam Crane⁠ (Baker & Partners in the Cayman Islands) and moderated by Dr Eugenio Vaccari (Royal Holloway, University of London). The podcast was recorded in early October 2024, with information correct at the time of recording.