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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Telecommunication regulator in Brazil, ANATEL, announced on Thursday it was applying a R$11,500 fine on telephone operator, Oi, for the sale of the company’s reversible assets without prior approval of...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The number of companies in Brazil seeking judicial recovery in 2016 set a record according to data released by Serasa Experian, a credit and business research company. In all 1,770...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – One of Brazil’s largest telephone carriers, Oi, filed a bankruptcy recovery request on Monday, June 20th, in Rio de Janeiro after restructuring talks with major shareholders failed. The company is...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – In the first five months of this year judicial recovery requests in Brazil increased by 95 percent in comparison to the same period last year, according to a survey conducted...
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