Brazilian Court Reverses Oi Bankruptcy and Restores Telecom Giant to Judicial Recovery
Brazil’s troubled telecom operator Oi, one of the country’s most historically important communications providers, has gained an unexpected lifeline after the Rio de Janeiro Court of Justice (TJ-RJ) suspended the company’s recently declared bankruptcy and ordered it back into judicial recovery. The new ruling, issued by Judge Mônica Maria Costa of the Court’s First Chamber […]
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