Manguinhos refinery restructuring revived after appeals court overturns judicial recovery closure ruling

• A Rio de Janeiro appeals court ruling dated Nov. 6, 2024 overturned the prior closure of Refinaria de Petróleo de Manguinhos’ court-supervised restructuring.
• A Jan. 27, 2026 injunction temporarily halted enforcement tied to a tax installment plan cancellation or tax execution, also pausing plan obligations for 120 days.
• The administrator reported the 120-day suspension expired in late May 2026, with the company not providing requested proof of resumed plan payments.
• Prosecutors urged the court to consider converting the case into bankruptcy, citing alleged plan breaches, tax-installment defaults, or asset stripping.
• Paraná state reported R$ 1.97 billion in state tax debt, seeking court scrutiny of the company’s strategy to address the liability.

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. Refinaria de Petróleo de Manguinhos SA em Recuperação Judicial published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.