• CBD faced a São Paulo prosecutors’ opinion opposing court ratification of its out-of-court restructuring plan.
• Prosecutors cited legal flaws, including creditor-class heterogeneity and alleged exclusion of supplier creditors from the unsecured pool.
• A São Paulo court gave prosecutors and objecting creditors five days to present evidence of any claim improperly excluded.
• CBD reiterated its request for ratification, backing the plan’s legality and expecting objections to be dismissed once submissions close.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBD - Companhia Brasileira de Distribuição published the original content used to generate this news brief on August 31, 2026, and is solely responsible for the information contained therein.