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Brazil court OKs bankruptcy protection for Starbucks, TGI Fridays operator

SAO PAULO (Reuters) -A Sao Paulo judge on Tuesday approved bankruptcy protection for SouthRock Capital, which runs all Starbucks coffee shops and TGI Fridays restaurants in Brazil, according to a court filing. SouthRock had filed for protection from creditors in late October. SouthRock said in a statement that with the approval, it will continue to restructure operations with the aim of protecting employees and customers, while it intends to keep operating stores as normal.

Brazil , Italy , Italian , David-gregorio , Patricia-vilas-boas , Andre-romani , Reuters , Starbucks , Sao-paulo , Southrock-capital , Paula-arend-laier , Tgi-fridays

Starbucks, TGI Fridays Operator in Brazil Receives Bankruptcy Protection

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Brazil , Brazilian , Yahoo , Reuters , Starbucks , Sao-paulo , Southrock-capital , Real-time-economy-news , Orex-news , Igital-currency-news , Conomy-research

Will Starbucks close in Brazil? Understand the case

Will Starbucks close in Brazil? Understand the case
globalhappenings.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalhappenings.com Daily Mail and Mail on Sunday newspapers.

Brazil , United-states , American , Ken-pope , Starbucks , Southrock-capital , Airport-restaurants , Money-timessouthrock , North-american ,

Pátria funds Starbucks expansion in Brazil

Pátria funds Starbucks expansion in Brazil
latinfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latinfinance.com Daily Mail and Mail on Sunday newspapers.

Chile , Brazil , Chilean , Brazilian , Diario-financiero , John-quigley , Starbucks , Latam-private-credit , Southrock-capital , Moneda-asset-management ,