Post by anik4500 on Feb 25, 2024 2:56:20 GMT -5
The draft sentence was formulated by lay judge Carolline Madalena da Silva Rocha and approved by judge Murilo Vieira de Faria. In the decision, Carolline found contractual imbalance and poor service provision. According to her, there was no adequate information regarding the services that were being contracted by the author. The customer believed that she was just purchasing appliances, in addition to the warranty. The lay judge also highlighted that the author is elderly. "According to jurisprudential understanding, elderly consumers have a greater vulnerability that places them in a special condition when they are involved in legal consumer relationships", she noted. The defendants also did not present "proof of a fact impeding, modifying or extinguishing the plaintiff's right.
As the telephone company Oi has solid activity, around R$12.6 billion in receivables and has been renegotiating its debts, there is a likelihood that the company will recover. Therefore, it is necessary to preserve its social function. With this understanding, the 7th Business Court of Rio de Janeiro authorized this Thursday (16/1) the processing of the company's second judicial recovery. reproduction Oi has Chinese American Phone Number List debt of around R$43.7 billion Reproduction Oi's debt is around R$43.7 billion and there are approximately 35 thousand creditors. The telephone company must present the judicial recovery plan within 60 days. And the group will have to list creditors within five days. After six years of duration, Oi's first judicial recovery process was concluded in December 2022. Considered the largest judicial recovery in the country's history, the action originally had more than 55 thousand qualified creditors, and the total amount of the liability reached R$65 billion. At the end of the recovery process, the net debt was reduced to R$18.3 billion at fair value.
Debts with BNDES were settled, totaling more than R$4.6 billion, in addition to all non-competition debts incurred during the recovery process to maintain the company's operational viability and its preparation for the strategic transformation process , which allowed, for example, the launch of its fiber optic broadband operation. At the beginning of February, Oi obtained an injunction that protected it, for 30 days, from the freezing of assets by creditors. Subsequently, the company argued that it fulfilled all obligations under the first judicial recovery plan. However, it maintained that additional actions were necessary to complete the restructuring procedure. Judge Fernando Cesar Ferreira Viana confirmed as judicial administrators the firm Wald, Antunes, Vita e Blattner Advogados and K2 Consultoria Econômica — which had already worked in Oi's first recovery.
As the telephone company Oi has solid activity, around R$12.6 billion in receivables and has been renegotiating its debts, there is a likelihood that the company will recover. Therefore, it is necessary to preserve its social function. With this understanding, the 7th Business Court of Rio de Janeiro authorized this Thursday (16/1) the processing of the company's second judicial recovery. reproduction Oi has Chinese American Phone Number List debt of around R$43.7 billion Reproduction Oi's debt is around R$43.7 billion and there are approximately 35 thousand creditors. The telephone company must present the judicial recovery plan within 60 days. And the group will have to list creditors within five days. After six years of duration, Oi's first judicial recovery process was concluded in December 2022. Considered the largest judicial recovery in the country's history, the action originally had more than 55 thousand qualified creditors, and the total amount of the liability reached R$65 billion. At the end of the recovery process, the net debt was reduced to R$18.3 billion at fair value.
Debts with BNDES were settled, totaling more than R$4.6 billion, in addition to all non-competition debts incurred during the recovery process to maintain the company's operational viability and its preparation for the strategic transformation process , which allowed, for example, the launch of its fiber optic broadband operation. At the beginning of February, Oi obtained an injunction that protected it, for 30 days, from the freezing of assets by creditors. Subsequently, the company argued that it fulfilled all obligations under the first judicial recovery plan. However, it maintained that additional actions were necessary to complete the restructuring procedure. Judge Fernando Cesar Ferreira Viana confirmed as judicial administrators the firm Wald, Antunes, Vita e Blattner Advogados and K2 Consultoria Econômica — which had already worked in Oi's first recovery.