Post by xyz3800 on Feb 28, 2024 7:01:01 GMT
Judge Cláudia Helena Batista, from the 1st Business Court of Belo Horizonte (MG), ordered the blocking of R$778.4 million from accounts in the name of Thor Batista, son of businessman Eike Batista, and the companies in his Meistershaft Hondin group, Aux Luxembourg Sarl, Aux LLC, OTX Fund LLC, 63X Master Fund and EBX Holding. The decision was taken following a request made by Bernardo Bicalho Mendes, judicial manager of MMX Sudeste Mineração, a company in recovery since 2014, under the justification of guaranteeing the payment of part of the debts of Eike's companies with their creditors. In this process, it has already been determined that the legal personality will be disregarded and the assets of MMX's controllers will be blocked.
However, according to the author of the action, it was not possible to recover the assets of the company under recovery, which were purposely overvalued by its controllers by around 500%, influencing the financial market with false expectations of mining extraction, without any technical-scientific basis. This generated an enrichment of around R$634 million. For the judge, documents obtained by the manager Exit Mobile Number List abroad proved that part of the amount defrauded from the controller of MMX was received by legal structures of Eike's economic group and his family members, "with the aim of shielding the assets from debts resulting from the financial collapse of the Group X, which occurred when the fraudulent overvaluation of assets was verified". With information from the TJ-MG Press Office.
But consultants who partner with a lawyer or firm exceed the limits defined in the standard, highlights the OAB-RJ. And this results in the cancellation of their authorization to work in the country, in addition to being able, in theory, to constitute a criminal offense of irregular exercise of a profession. In addition, all acts carried out by these professionals are null and void, the entity highlights. Other side In a note, Vale states that Skadden, Arps, Slate, Meagher and Flom LLP will provide advice on various legal issues arising from the rupture of Brumadinho Dam I, including in relation to certain measures that the company may take in response to the rupture . The firm, according to Vale, will instruct the team of experts, with the aim of determining the cause of the accident. As the panel of experts carries out its work and reaches a conclusion, the firm will be able to provide legal guidance to the company. Bndes and Eletrobras Vale is not the first company to be questioned by the OAB-RJ for hiring foreign banks. The section has already asked the National Bank for Economic and Social Development and Eletrobras for clarification.
However, according to the author of the action, it was not possible to recover the assets of the company under recovery, which were purposely overvalued by its controllers by around 500%, influencing the financial market with false expectations of mining extraction, without any technical-scientific basis. This generated an enrichment of around R$634 million. For the judge, documents obtained by the manager Exit Mobile Number List abroad proved that part of the amount defrauded from the controller of MMX was received by legal structures of Eike's economic group and his family members, "with the aim of shielding the assets from debts resulting from the financial collapse of the Group X, which occurred when the fraudulent overvaluation of assets was verified". With information from the TJ-MG Press Office.
But consultants who partner with a lawyer or firm exceed the limits defined in the standard, highlights the OAB-RJ. And this results in the cancellation of their authorization to work in the country, in addition to being able, in theory, to constitute a criminal offense of irregular exercise of a profession. In addition, all acts carried out by these professionals are null and void, the entity highlights. Other side In a note, Vale states that Skadden, Arps, Slate, Meagher and Flom LLP will provide advice on various legal issues arising from the rupture of Brumadinho Dam I, including in relation to certain measures that the company may take in response to the rupture . The firm, according to Vale, will instruct the team of experts, with the aim of determining the cause of the accident. As the panel of experts carries out its work and reaches a conclusion, the firm will be able to provide legal guidance to the company. Bndes and Eletrobras Vale is not the first company to be questioned by the OAB-RJ for hiring foreign banks. The section has already asked the National Bank for Economic and Social Development and Eletrobras for clarification.