Sale of UPI
Sale of UPI: The sale of UPI has been the primary means of obtaining new resources for companies in judicial recovery!
A UPI – Isolated Productive Unit – is an asset or a set of assets and rights (such as a plant, brands, patents, a customer portfolio and contracts) that can be separated from the recovering company and sold individually; the team that runs the unit may stay on with the buyer.
TCP specializes in the sale of UPI and conducts the process in 5 stages aimed at reducing uncertainty and facilitating the approval of a plan:
(1) Proposals from interested parties
(2) Due diligence of the bidders
(3) Purchase and sale agreement
(4) Approval of the sale in accordance with the judicial recovery plan
(5) Auction/sale