Current posture

What matters now

Ambipar Emergency Response remains in active Chapter 11, with the immediate posture defined by contested discovery relating to Chapter 15 recognition and a requested suspension or abstention of the Chapter 11 case. At the August 11 hearing, the court declined to permit depositions of Victor Almeida and Mr. Borlenghi at that stage and directed the parties to submit orders reflecting its discovery rulings; the reserved August 13 hearing was only for any remaining discrete order issues. Courtroom minutes Dkt. 328 The Cayman holding company commenced its voluntary case on October 20, 2025, in parallel with the Brazilian recuperação judicial proceedings of its parent and affiliates. Its filing declaration attributes the case to the broader group’s financial distress and asserted facility defaults, and explains that Chapter 11 was selected to protect the debtor’s assets and provide a forum for stakeholders in connection with its U.S.-law debt, while nondebtor operating subsidiaries were expected to continue ordinary-course operations. First-day declaration Dkt. 3 The identified capital structure totals approximately $1.136 billion in funded debt, including two Green Note series and a Holdings USA loan…

Updated Aug 13, 2026