Brazil is one of the latest countries to enact the UNCITRAL Model Law on Cross-Border Insolvency. The Brazilian enactment went into effect in January 2021. This podcast will give listeners an overview of the legislation and the first application for recognition filed thereunder. The International Insolvency Institute welcomes Ana Carolina Reis do Valle Monteiro, Sergio Savi and Nyana Abreu Milleras guests on this episode.

To learn more about Cross-Border Insolvency in Brazil, here are some resources provided by today’s guests: The UNCITRAL Model Law Dances to a Samba Beat, by Nyana Miller and Raul Torrao, Brazil’s First Recognition of a Foreign Proceeding Under the Model Law on Cross-Border Insolvency, by Ana Carolina Monteiro, The Main Changes to the Reorganization and Bankruptcy Act, by Sergio Savi, Eduardo Guimarães Wanderley, and Natalia Yazbek, and Article-by-Article Comparison between the UNCITRAL Model Law and the Brazilian Legislation, by Sabrina Maria Fadel Becue.