Brazilian Oil Rig Creditors Cleared Of Asset Draining Claims
Gunnar Larson
g at xny.io
Fri Feb 9 01:17:38 PST 2024
Brazilian Oil Rig Creditors Cleared Of Asset Draining Claims
<https://www.law360.com/newyork/articles/1794672?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-08&read_main=1&nlsidx=0&nlaidx=19>
By Jonathan Romeo
A New York bankruptcy judge has dismissed two lawsuits worth $465 Million
against U.S. and international banks accused of exploiting a complex
sale-leaseback deal that purportedly drained the assets of the Brazilian
oil and gas conglomerate Schahin Group, leading to its financial downfall.
Opinion attached | Read full article »
<https://www.law360.com/newyork/articles/1794672?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-08&read_more=1&nlsidx=0&nlaidx=19>
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