Ambipar Group — Recuperação Judicial (Brazilian court-supervised restructuring)

Status as of 31 October 2026 · TJRJ case no. 3014764-58.2025.8.19.0001

Sample edition. This sample is built from company disclosures filed with the CVM and from press reports. Client editions are built from the court docket and the judicial administrators' filings, are matched to the client's own listed claim, and cite a document and page for every statement. Pricing →

Current status: creditors' vote on hold. The creditors' meeting that would vote on the plan is suspended by Brazil's Superior Court of Justice (STJ) while it decides whether the case belongs in Rio de Janeiro or São Paulo. As of 31 Oct 2026 we have not found a public source giving a new meeting date. [S4, S5]

1. Case at a glance

Debtors	Ambipar Participações e Empreendimentos S.A. (B3: AMBP3) and affiliates: 72 Brazilian entities plus Ambipar Lux S.à r.l. (Luxembourg) and Ambipar Emergency Response (Cayman Islands) [S1]
Court	3ª Vara Empresarial da Comarca da Capital, Rio de Janeiro (TJRJ) [S1]
Case number	3014764-58.2025.8.19.0001 [S1]
Type	Recuperação judicial (RJ), Lei 11.101/2005. It binds trade, labor, secured and unsecured creditors, not only bondholders.
Precautionary filing	24 Sep 2025 [S1]
RJ filed / processing granted	20 Oct 2025 / 30 Oct 2025 [S1]
Judicial administrators	Augusto Alves Moreira Neto (Gomes de Mattos Advogados Associados) and Thiago Carapetcov (Carapetcov Administração Judicial), acting jointly [S1]
Stay period	Extended by 180 days (Evento 687), running until 19 Sep 2026 [S1]. Whether it has been extended again is not confirmed in the sources reviewed.
Debt reported	≈ R$10.5 bn at filing (G1, 21 Oct 2025) [S1]; ≈ R$13.3 bn in later press coverage [S4]
U.S. proceedings	Ambipar Emergency Response: Chapter 11, S.D. Texas, case 25-90524 (filed 20 Oct 2025) [S1]. On 28 Sep 2026, Judge Alfredo Pérez recognized the Rio proceeding as a foreign main proceeding (Chapter 15) and suspended, but did not dismiss, the Chapter 11. This recognition does not approve the plan. [S4]

2. Your listed claim

Client edition only. We search the published creditor lists (the debtor's list and the administrators' second list, Evento 851) for your company and report the exact listed name, class (I–IV), amount and currency, and any difference from your own records.
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3. Deadlines & triggers to watch

Item	Status	Basis / source
Notice of the administrators' second creditor list (Eventos 1043/1044)	Awaiting publication as of 21 Jul 2026 [S1]. Whether it has been published since is not confirmed.	When published, it starts the 10-day window to object to the list (impugnação), art. 8, Lei 11.101/2005.
Creditors' meeting (AGC): plan vote	Suspended by the STJ; no new date found [S4, S5]	The law requires at least 15 days' notice of a meeting (art. 36). A new meeting notice is the key trigger to watch.
STJ venue dispute (Rio de Janeiro vs São Paulo)	Pending. The rapporteur, Min. Raul Araújo, pointed to São Paulo as the main place of business [S4]	The outcome may move the case to another court.
Objections to the plan	Objections have been filed [S1]	A filed objection sends the plan to a creditors' vote (art. 56).

4. The plan

The debtors filed the plan as Evento 482; the administrators' technical report on it is Evento 523 [S1]. Press reports describe a support agreement with a majority of holders of the Green Notes, under which about US$1.043 bn of notes would be exchanged for about US$925 m of new secured notes [S1]. The plan takes effect only after a creditors' vote, court confirmation, definitive documents and regulatory approvals [S5].

Client edition: the payment terms for your class (haircut, grace period, indexation, payment schedule, any options for trade or partner creditors), as written in the plan, with page citations.

5. Timeline

24 Sep 2025Precautionary injunction filed; stay of collection actions begins. [S1]
20 Oct 2025RJ filed in Rio de Janeiro; Chapter 11 filed in S.D. Texas (25-90524). [S1]
30 Oct 2025Rio court grants processing of the RJ. [S1, S2]
Dec 2025Ambipar's board approves the RJ plan and files it with the court. [S3]
14 May 2026Deadline for the administrators' second creditor list, which was filed on time (Evento 851). [S1]
20 Jul 2026Administrators file their 9th Monthly Activity Report. [S1]
21 Jul 2026CVM filing: the companies propose a creditors' meeting on 17 Aug (first call) and 25 Aug (second call), pending court convocation. [S1]
25 Aug 2026Creditors' meeting does not convene; creditors had argued the 15-day notice period was not met. [S5]
1 Sep 2026Scheduled meeting suspended by an STJ decision over the venue dispute. [S4, S5]
28 Sep 2026U.S. court (S.D. Texas) recognizes the Rio RJ as the foreign main proceeding and suspends the Chapter 11. [S4]

6. Glossary

Recuperação judicial (RJ): Brazilian court-supervised reorganization; broadly comparable to Chapter 11.
Administrador judicial (AJ): Court-appointed administrator. Publishes the creditor lists, monthly reports and meeting notices.
Assembleia geral de credores (AGC): Creditors' meeting that votes on the plan by class.
Relação de credores / edital: Published creditor list / official notice. Publication starts the statutory deadlines.
Impugnação / divergência: Formal objection to, or disagreement with, a listed claim.
Classes I–IV: I labor · II secured · III unsecured · IV micro and small businesses.
Stay period: Suspension of collection actions against the debtors, 180 days by default (art. 6).

Sources

CVM filing[S1] CVM filing summarized by Atlas Público, 21 Jul 2026 (CVM protocol 1546658): link
Press[S2] Mercado & Consumo, 31 Oct 2025, "Justiça defere pedido de recuperação judicial da Ambipar": link
Press[S3] Investidor10, Dec 2025, "Ambipar aprova plano de recuperação judicial e leva proposta à Justiça": link
Press[S4] Economic News Brasil, 29 Sep 2026, "Recuperação judicial da Ambipar vence etapa nos EUA, mas encontra bloqueio no STJ": link
Press[S5] Press coverage of the AGC (Acionista, Seu Dinheiro, Times Brasil), Aug–Sep 2026: link