Brazilian Shipbuilder Ecovix Files Bankruptcy
SAO PAULO, Dec 16 (Reuters)– Ecovix Engevix Constru ções Oce ánicas SA as well as 5 subsidiaries have actually declared insolvency defense in a government business court, catching a financial debt problem of 8 billion reais ($ 2.4 billion) as well as a dive in shipbuilding.
In a declaration on Friday, Ecovix claimed Banco Brasil Plural SA as well as law practice Felsberg Advogados will certainly encourage it on insolvency defense process, which will certainly occur in a court based in the southerly Brazilian state of Rio Grande doSul Cash at the shipbuilder is being diminished now, the declaration claimed. ($ 1 = 3.3845 reais) (Reporting by Guillermo Parra-Bernal; Editing by Jonathan Oatis)
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