Livraria Cultura is closer to bankruptcy

Most creditors rejected changes in Livraria Cultura's judicial reorganization plan, which could lead the company to bankruptcy in the coming days. In June, the chain of bookstores had submitted an amendment to the plan approved in 2019, claiming that, due to the pandemic, which led to the closure of its stores, it was failing to meet its obligations. Now, Livraria Cultura has...

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