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I finish! The court decides the bankruptcy of most of the shops

Livraria Cultura was another one that did not resist the crisis and was declared bankrupt

Last May 17, Judge JB Franco de Godoyl Court of Justice of São Paulo (TJ-SP)she elected to vacate the injunction granted to Caltura Library The company was declared bankrupt again.

This means honoring the February 9th bankruptcy decision. On that occasion, Judge Ralvo Waldo de Barros Montero Filho declared the company bankrupt after failing to comply with some points of the judicial recovery process.

The store has been declared bankrupt again (Copy: Internet)

On that occasion, Livraria Cultua employees were able to file a judicial refund request. Thus, Judge Franco de Godoy, of the first room reserved for business law at TJ-SP, received the firm’s request.

The appeal will then be analyzed after which they have reviewed the real chances of Livraria Cultura working again. But, after careful analysis, it was already confirmed that Livraria had no way out and, therefore, its bankruptcy was confirmed last May 17.

Livraria Cultura is a place where clients spend a lot of time (reproduction: focus montage on TV)
Livraria Cultura is a place where clients spend a lot of time (reproduction: focus montage on TV)

Did I know about the end of these airlines?

Starting a company is not an easy task. This is because a business can move forward and work, but it can also become a real failure. A popular Brazilian airline, for example, had to wind up after running into a series of problems.

Sad end for a Brazilian airline (Reproduction: Internet)

Plane Crash and No Permit to Operate: The sad day the airline ended is over

Banco Itaú - Internet image reproduction

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For those who do not know, we are talking about TEAM Transportes Aéreos. It was a Brazilian airline based in the city of Rio de Janeiro, State of Rio de Janeiro. In its final year of operation, it owned two Let L-410E UVP aircraft.

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Their destinations were Rio de Janeiro (HUB), Macaé, Paraty, Angra dos Reis, Vitoria and São José dos Campos. However, in 2006, the airline crashed one of its LET410s, a PR-FSE, crashing into a hill near Barra de Sao Joao.

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