Court orders resumption of OSX payments to Açu Port

The Rio de Janeiro Court of Justice has granted an injunction suspending a contract between Eike Batista’s OSX and Açu Port for up to 60 days—or until a formal trial is instituted.

The decision ends the payment suspension for OSX’s right to use the port area until the Rio de Janeiro Court issues a definitive decision.

Açu Port argued that the suspension would harm its financial interests, while Eike’s company, which filed for bankruptcy protection for a second time, contended that the measure was necessary to ensure the continuity of its activities during the restructuring process. OSX declined to comment.

Source: Revista Veja

Click here to read the original report: https://veja.abril.com.br/coluna/radar-economico/justica-determina-retomada-de-pagamentos-de-aluguel-da-osx-ao-porto-de-acu

Sharing is caring!