Agrarian companies under judicial reorganization may be obliged to deliver merchandise sold

It is under analysis in the House of Representatives, the Bill 9407/17, which prohibits companies in the agricultural sector that are in judicial recovery to retain goods that have already been sold and are still kept in their warehouses.

According to the author of the proposal, Mr Carlos Bezerra (MDB-MT), it is common to purchase agricultural products followed by storage contracts, in which the buyer assumes ownership and all rights inherent to the commodity, but chooses to leave it in the warehouses of the seller. 

“However, in entering into a situation of judicial recovery, some companies have refused to return products already sold and held under their responsibility in the situation of depository, with the purpose of employing them in their commercial turnaround,” explains Agência Câmara News, the parliamentary to justify the creation of the project. 

This text was translated by machine from Brazilian Portuguese.