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The Nexus
BUSINESSJul 13 · 16:12 UTCTHE RIO TIMESRichard Mann

Tok&Stok Owner Wins Court Shield as Debt Reaches $215 Million

A São Paulo court approved judicial recovery for Grupo Toky, owner of furniture chains Tok&Stok and digital retailer Mobly, which faces $215 million in debt. The court froze enforcement actions against the group for 180 days.

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Grupo TokyorganizationTok&StokorganizationMoblyorganizationSão Paulo courtplacejudicial recoverytopic$215 million debttopic
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