By Ana Mano
By Ana Mano
SAO PAULO, Dec 6 (Reuters) – A Brazilian chapter choose has pushed again the sale of two soy crushing vegetation after U.S-based grain dealer Bunge Ltd BG.N alleged the vendor supplied “scarce and incomplete” details about the belongings, in accordance with courtroom filings seen by Reuters on Friday.
The auction of the 2 vegetation by privately owned Imcopa group, rescheduled to Feb. 17 from Dec. 4, is a part of the vendor’s plan to emerge from chapter.
Imcopa and a court-appointed judicial administrator agreed with canceling this week’s public sale, courtroom paperwork confirmed.
Bunge alleged in a submitting that lacking and “outdated” info in Imcopa’s knowledge room made it arduous to investigate the advantage and risks of the potential funding, referring primarily to environmental and regulatory approvals for the vegetation to function.
The buying and selling agency’s Brazilian unit additionally claimed “inconsistencies” between the amended reorganization plan authorized by…