Updated Oct 13, 7:37 PM ET
Braskem Idesa’s prepackaged Chapter 11 plan was confirmed by the September 24, 2026 confirmation order Dkt. 166, but the debtors’ October 11 status statement Dkt. 182 reported a Brazilian injunction blocking Braskem S.A.’s exit funding and related agreements. The next material step is obtaining Brazilian authorization or appellate relief permitting those transactions, then satisfying the remaining conditions to plan effectiveness.
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