Jornal da Globo reported on the company's bankruptcy
Opening a business is not one of the easiest tasks in the world. This is because a series of situations can lead to the end of a large company. This time, we will talk about a sensitive situation regarding a large institution that has undergone a turn confirmed by the Globo newspaper in the bankruptcy process.
In July last year, the Court of Justice of São Paulo (TJ-SP) declared the bankruptcy of Agropecuaria Tuiuti S/A, a dairy company known as Shefa, which has a factory in Amparo (SP). It is worth noting that this news was confirmed by G1, a digital newspaper affiliated with Grupo Globo.
The ruling was published five years after the brand filed suit. At the time, he claimed to be in financial difficulties and had debts of R$222.5 million. According to Judge Fernando Leonardi Campanella, there was a violation of good faith and signs of fraud in the recovery process.
In addition to bankruptcy, the immediate removal of the officials was also scheduled. The company ended up undergoing a major transformation. This is because three months after the bankruptcy was declared, Agropecuaria Tuiuti S/A, the lessor of the Shefa dairy brand, appealed the judicial recovery process.
According to information from G1, the decision was taken by Minister Raúl Araújo, of the Supreme Court of Justice (STJ), who did not extinguish the bankruptcy, but suspended it until the appeal was decided. According to the company's management, the decision represents an appeal of the rights and guarantees of Agropecuária Tuiuti.
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What did the company say?
“It will be possible to effectively and continuously carry out the social function that has always been proposed, which is based on continuing the production of goods and services, paying tax obligations, maintaining approximately 300 active jobs, generating new ones and moving the local economy,” they said in a note. “.
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Edward Langley is a contributor at Mediarunsearch.co.uk, covering a wide range of topics including news, politics, business, technology, sport, entertainment and lifestyle. He focuses on delivering clear, balanced reporting and useful information that helps readers stay informed about current affairs and developing stories. His work highlights issues, trends and events that matter to everyday audiences, with an emphasis on accuracy, relevance and accessible journalism.