Augusto Alves Moreira Júnior
Augusto Alves Moreira Júnior is a Brazilian judge serving in the 1st Chamber of Private Law at the Court of Justice of Rio de Janeiro (TJRJ), known for his recent decision to suspend the sale of valuable shares from the telecommunications company Oi, which is undergoing bankruptcy proceedings. His ruling favored dissenting creditors who argued that the proposed sale price was inadequate, potentially jeopardizing the recovery process and the interests of creditors.
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Brazil:
Augusto Alves Moreira Júnior suspended the sale of shares that would generate R$ 4.5 billion for Oi.
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