Brazil's Habib's Files for Judicial Recovery as OSX Creditors Back US$1.5 Billion Plan

Globo

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The Gennius Group, owner of the Habibňs, Ragazzo and Tendal brands, entered into judicial recovery with a declared debt of R$ 265,2 million. The processing of the request was deferred by the First Court of Bankruptcy and Judicial Recovery of São Paulo. The recovery was settled on Monday, the 24th, about two months after the group obtained a precautionary protection that protected it, for 60 days, against protests and recovery measures. The measu…

UOL

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Company says that operation follows normally and aims to preserve the business

Portal Mix Vale

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The Gennius Group, responsible for the well-known networks Habibňs and Ragazzo, requested judicial recovery with a debt valued at R$ 265 million, as disclosed on August 27, 2026. The decision to seek protection against creditors occurs the same week in which Oi had its bankruptcy confirmed by the Justice, indicating a restructuring scenario [...]

Super Rádio Tupi

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The Genius Group, the owner of the Habibňs, Ragazzo and the Tendal barbecues, entered with a request for judicial recovery with a declared debt of R$ 265,2 million. The crisis in the largest Arab food network in the world was the result of a combination of factors. Among the reasons are the pandemic, the change in the habits of [...]

conexaopolitica.com.br

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The Gennius Group, the controller of the Habib., Ragazzo and Tendall Grill networks, had the request for judicial recovery submitted by the Justice of São Paulo on Monday (24.Aug.2026). With declared debt of R$ 265,2 million, the company resorted to legal protection to renegotiate the debts and try to maintain the continuity of the operations. The decision, by Judge Jomar Juarez Amorim, of the 1st Court of Bankruptcy and Judicial Recovery of São…