Oi Has Bankruptcy Decreed by the Justice Again
11 Articles
11 Articles
Rio Justice decides for the bankruptcy of Oi, who reported not having cash to cover essential expenses at the end of August 2026. Decision overthrows attempt of banks to maintain process of judicial recovery.What Happened Telephone Operator Oi te
After firing a large part of its employees last week, Oi can have its future decided on Tuesday. From 1 p.m., the First Chamber of Private Law of the Court of Justice analyzes the bankruptcy judgment of the Carioca operator. The company had had the bankruptcy decreed last year, but the decision was suspended after banks had entered with appeal, which led to telephoning back to its second judicial recovery process. Exclusive material for subscrib…
The 1st Chamber of Private Law of the TJ-RJ (Tribunal of Justice of the State of Rio de Janeiro) decreed, on Tuesday (25), the bankruptcy of Oi, former Brazilian giant of telecommunications. The decision was unanimous and denied the grievances presented by the banks Itaú Unibanco and Bradesco, creditors of the company, who tried to keep the process of judicial recovery in force. Oi's bankruptcy had already been decreed in November 2025 by the 7t…
The First Chamber of Private Law of the Court of Justice of Rio de Janeiro (TJ-RJ) confirmed on Tuesday (25) the bankruptcy of Oi and its subsidiaries included in the case, by rejecting the appeals submitted by Itaú Unibanco and Bradesco. The decision, taken unanimously, maintains the sentence of the 7th Business Court of Rio de Janeiro, which had converted the company's judicial recovery into bankruptcy in November 2025. The bankruptcy had been…
Brazil has declared telecommunications giant Oi bankrupt due to debts of R$44.3 billion and negative equity of R$22.6 billion.
Forbes, the world's most conceptualized business and economic magazine. TJ-RJ's decision maintains sentence that transformed the former telecom giant's judicial recovery into bankruptcy; company goes through its second restructuring attempt since 2016 The post Justice Confirms Oi's Failure after Rejecting Itaú and Bradesco Resources apareceu primeiro em Forbes Brasil.
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