Page "Bankruptcy" Paragraph 27

The second one is Court-ordered Restructuring ( Recuperação Judicial ).

The goal is to overcome the business crisis situation of the debtor in order to allow the continuation of the producer, the employment of workers and the interests of creditors, leading, thus, to preserving company, its corporate function and develop economic activity.

It's a court procedure required by the debtor which has been in business for more than two years and requires approval by a judge.