Recently, a bankruptcy bill has generated heated discussions about its potential impact, especially for small and medium-sized businesses.

The project proposes significant changes to the bankruptcy process, including the possibility of out-of-court settlements, which could benefit companies in difficulty. However, there are concerns about how these changes could specifically affect small and medium-sized businesses, which often face different financial challenges than large corporations.

In an exclusive interview with InvestNews, our partner Bernardo Freitas noted that these new rules add more responsibilities and obligations, even though some of them could already be done
by the judicial administrator in the previous system.

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