{"id":4405,"date":"2026-02-06T16:02:23","date_gmt":"2026-02-06T19:02:23","guid":{"rendered":"https:\/\/www.cpdma.com.br\/sao-paulo-court-approves-santa-casa-de-aracatubas-judicial-reorganization-plan-restructuring-liabilities-and-setting-forth-a-payment-schedule\/"},"modified":"2026-02-06T16:19:05","modified_gmt":"2026-02-06T19:19:05","slug":"sao-paulo-court-approves-santa-casa-de-aracatubas-judicial-reorganization-plan-restructuring-liabilities-and-setting-forth-a-payment-schedule","status":"publish","type":"post","link":"https:\/\/www.cpdma.com.br\/en\/sao-paulo-court-approves-santa-casa-de-aracatubas-judicial-reorganization-plan-restructuring-liabilities-and-setting-forth-a-payment-schedule\/","title":{"rendered":"S\u00e3o Paulo Court approves Santa Casa de Ara\u00e7atuba\u2019s Judicial Reorganization Plan, restructuring liabilities and setting forth a payment schedule."},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"729\" src=\"https:\/\/www.cpdma.com.br\/wp-content\/uploads\/2026\/02\/blog-santa-casa-1-1024x729.jpg\" alt=\"Court approves Santa Casa de Ara&#xE7;atuba&#x2019;s judicial reorganization.&#x200B;\" class=\"wp-image-4397\" srcset=\"https:\/\/www.cpdma.com.br\/wp-content\/uploads\/2026\/02\/blog-santa-casa-1-1024x729.jpg 1024w, https:\/\/www.cpdma.com.br\/wp-content\/uploads\/2026\/02\/blog-santa-casa-1-300x213.jpg 300w, https:\/\/www.cpdma.com.br\/wp-content\/uploads\/2026\/02\/blog-santa-casa-1-768x546.jpg 768w, https:\/\/www.cpdma.com.br\/wp-content\/uploads\/2026\/02\/blog-santa-casa-1-1536x1093.jpg 1536w, https:\/\/www.cpdma.com.br\/wp-content\/uploads\/2026\/02\/blog-santa-casa-1.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n<h5 class=\"wp-block-heading\">The Regional Court for Corporate Matters and Arbitration-Related Disputes, of the Specialized Court for the 2nd, 5th and 8th Judicial Administrative Regions, in the Judicial District of S\u00e3o Jos\u00e9 do Rio Preto (S\u00e3o Paulo State Court of Justice), on Thursday, February 5, 2026, ratified the Judicial Reorganization Plan of Santa Casa de Miseric\u00f3rdia de Ara\u00e7atuba (Case No. 1000626-55.2024.8.26.0359), granting judicial reorganization \u201csubject to a resolutory condition,\u201d pursuant to the judgment rendered by Trial Judge Dr. Paulo Roberto Zaidan Maluf.\u200b<\/h5>\n\n<p>The plan restructures total indebtedness estimated at approximately R$ 250 million, extending obligations over a period of up to 20 years and combining haircuts, grace periods, and class-specific payment schedules, while also providing for rescheduling of debts owed to non-insolvency creditors.\u200b<\/p>\n\n<p>For the creditor classes described, the plan provides as follows:<\/p>\n\n<p>Labor Claims Class: payment of R$ 19,279,889.26 out of a total of R$ 32,225,210.42, within up to 1 year (corresponding, in nominal terms, to an approximate 40.17% haircut).\u200b<\/p>\n\n<p>Unsecured Claims Class: payment of R$ 14,224,924.09 out of a total of R$ 47,414,973.66, within up to 20 years (an approximate 70.00% haircut).\u200b<\/p>\n\n<p>Micro and Small Enterprises Class: payment of R$ 5,776,507.31 out of a total of R$ 19,255,024.37 (an approximate 70.00% haircut).<\/p>\n\n<p>\u201cThis court approval consolidates legal certainty for the implementation of the plan and enables a predictable financial reorganization, preserving the continuity of healthcare services and creating real conditions for honoring obligations over time,\u201d stated <a href=\"https:\/\/www.cpdma.com.br\/en\/professionals-board-of-directors\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rog\u00e9rio Lopes Soares<\/a>, attorney at Cesar Peres Dulac M\u00fcller and one of the professionals responsible for leading the restructuring project.<\/p>\n\n<p>In its ruling, the court also set out relevant parameters for the implementation of the plan and for the conduct of the proceedings following court approval, notably: (i) termination of the stay period as of the date of publication of the decision in the Electronic Official Gazette, with the resumption of enforcement proceedings within the applicable legal limits; and (ii) continuation of a period of judicial oversight, pursuant to <a href=\"https:\/\/www.planalto.gov.br\/ccivil_03\/_ato2004-2006\/2005\/lei\/l11101.htm\" target=\"_blank\" rel=\"noreferrer noopener\">Law No. 11,101\/2005<\/a>.\u200b  <\/p>\n\n<p>Court approval and the granting of relief were made subject to the company under reorganization submitting tax clearance certificates (CND\/CPEN) within 1 year from publication of the decision in the Electronic Official Gazette, under penalty of revocation of the effects of the approval and the relief granted, with lawsuits and enforcement proceedings reverting to their original amounts and conditions, less any payments already made.\u200b<\/p>\n\n<p>The project was developed through a strategic partnership among law firms Santos Perego &amp; Nunes da Cunha Sociedade de Advogados and Cesar Peres Dulac M\u00fcller Advogados, together with Mirar Gest\u00e3o Empresarial.\u200b<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Regional Court for Corporate Matters and Arbitration-Related Disputes, of the Specialized Court for the 2nd, 5th and 8th Judicial Administrative Regions, in the Judicial District of S\u00e3o Jos\u00e9 do Rio Preto (S\u00e3o Paulo State Court of Justice), on Thursday, February 5, 2026, ratified the Judicial Reorganization Plan of Santa Casa de Miseric\u00f3rdia de Ara\u00e7atuba [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-4405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/posts\/4405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/comments?post=4405"}],"version-history":[{"count":3,"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/posts\/4405\/revisions"}],"predecessor-version":[{"id":4411,"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/posts\/4405\/revisions\/4411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/media\/4404"}],"wp:attachment":[{"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/media?parent=4405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/categories?post=4405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cpdma.com.br\/en\/wp-json\/wp\/v2\/tags?post=4405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}