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KM being portugeses speaking of course his presence there might reduce decision making by days weeks with the time difference.
Interesting @observer842,
Seems something is underway, would you expect the company to reveal KM was in Amapa if it might be perceived he was involved in a game changing decision:
Injunction/Advanced Guardianship
Could be near to a conclusion either in our favour or against but advanced guardianship I would hope is in our favour as no one else is challenging to take ownership if I'm not mistaken.
It all comes back to this for me:
[The banks] "Fiduciary guarantee cannot prevent the continuation of the business of the recovering company, especially to the point of hindering itsuplift."
Yes Advanced Guardianship i.e taking ownership sooner.
https://pedromaganem.jusbrasil.com.br/artigos/280562057/o-pedido-e-liminar-de-antecipacao-dos-efeitos-da-tutela-ou-de-medida-cautelar-breve-analise-do-atual-e-do-novo-cpc
https://salomaoviana.jusbrasil.com.br/artigos/154572967/decisao-liminar-e-decisao-que-antecipa-a-tutela-nao-ha-razao-para-confundir-uma-com-a-outra
Now that is a very interesting possibility! Did you see one translation: "Attached Request for Injunction/Advanced Guardianship"?
"The request for interlocutory relief is the means by which the Plaintiff asks at the beginning of the process to receive what is requested in the action ahead of time, which would be the moment when the judge finishes judging the case."
Could it be us filing a request to get ownership and make the banks unsecured to counteract the banks appeal?
Would agree it's linked to the banks appeal in some way
I thought so on the original translation, but a second opinion made me think it simply relates to what @Bannor posted yesterday. But I can't be sure, for sure. For sure.
Yes, very interesting, would love to know who filed it though.
Possibly related to yesterday's hoo-ha?
@EV. What do you make of what just landed in the main case!!!?
This might be of interest for those following the calendar days vs business days dispute:
https://www.jusbrasil.com.br/diarios/1144774384/djsp-judicial-2a-instancia-02-09-2021-pg-1150
It is of course related to the following:
"Com brevidade, providencie a Serventia a expedição dos Mandados de Levantamento Eletrônicos deferidos para pagamento da Administradora Judicial, Sindicato dos Estivadores e pagamentos dos custos e despesas da Recuperanda."
"arrange for the Office to issue the Electronic Survey Orders granted for payment to the Judicial Administrator, Dockers' Union and payments of the costs and expenses of the Debtor."
MOVIMENTAÇÕES
Data Movimento
27/08/2021 Pedido de Expedição de Mandado de Levantamento Juntado
Nº Protocolo: WJMJ.21.41423593-3 Tipo da Petição: Pedido de Expedição de Mandado de Levantamento Data: 27/08/2021 21:34
Translation:
MOVEMENTS
Date Movement
27/08/2021 Request for Issuance of an Attached Withdrawal Order
Protocol No.: WJMJ.21.41423593-3 Type of Petition: Request for Issuance of a Withdrawal Order Date: 08/27/2021 21:34
Only three Mandado de Levantamento's for those playing along.
Appears related to transfer of money and known as an MLE.
Would be good to know the amount but I won't speculate that it's for $2.5m or that anything is imminent haha Patience Daniel-san.
Yes, that is right.
The text reads to me that authorised/instructed payments to be made to Labour & other creditors BUT they want more information on the payment to TCFEL ... so doesn't read to me the Rail survey payment has been authorised at all ....it clearly states regarding that payment they will ask for additional information of the debtor
Dispatch Conclusions still outstanding on the other one I see...
latest decision posted - the Judge authorising the bank to make a payment for the railway survey R$ 326,598.00 and also paying some other creditors.:
Judge of Law: Dr. PAULO FURTADO DE OLIVEIRA FILHO Visas.Last decision on pages 20.016/20.022.Page 21,028/21,030 (The Debtor claims that there was a new blocking of its bank account, for this reason requires that you pay the costs and expenses related to your activities are carried out via transfer of available amounts in a court account by the Banco do Brasil SA); Page 21,083/21,084 (The Judicial Administrator expresses itself in favor to the payment of the amount of BRL 1,379,546.85 to the creditors listed in "paragraph02” of its manifestation. About the payment of R$ 326,598.00, in favor of Technicontrol Consultoria e Formação Empresarial Ltda., informs that it will request information additional to the Debtor).
In the light of the Judicial Administrator's analysis, I AUTHORIZE the payment of BRL 1,379,546.85 to creditors listed in "paragraph 02" of the petition on pages 21,083/21,084. Provide the Debtor's lawyers with the presentation of the MLE Form for a withdrawal of R$ 1,379,546.85, required to pay the costs and expenses of the Debtor, and proof of payment must be sent to the Trustee for inspection. As soon as possible, arrange for the Servantia to issue the Writs of Electronic Survey approved for payment by the Judicial Administrator, Union of Dockers and payments of costs and expenses of the Debtor. Page 21026/21027; 21071/21078; 21079/21082: Manifest to AJ.Int.São Paulo, August 26, 2021.
Court is now at the "conclusions for decision" stage pending a judgement
A "Certificate of Notary Issued" has appeared on both cases. (Certidão de Cartório Expedida)
What does issued publication certificate mean....
The issued publication certificate is a legal and official document issued by administrative bodies, such as court offices. The purpose of the certificate is to disclose to the interested parties of a process the decision period for it to be fulfilled within the law.
This document is prepared after the judge has evaluated the case records and, thus, the parties involved are notified in the Official Gazette regarding the judge's order.
In summary a publication certificate is issued when the certificate that the court registry prepared on a case was published.
Yes raypugh Is share price up and is a female bashing this as and when she is told to, she is paid to bash this and has multiple accounts,
Yep, more coming my way too, today and tomorrow:)
yes, I agree Legalease,
Ironically I was coming off the course today just after four when I noticed the RNS, well I was more focused on the great game I'd had with the Taylormades paid for from the profits I made picking up ROS's sell at 17p a little while back, luckily I had a decent mobile linh so added 11,097 more at 4:26, ROS you are now responsible for me adding 66,097 above my intended max.
Fat fingers, meant spread bettors!
…signed/announced, seems the board has been filled with soreadbetters tonight…
Conclusions for Decision.....
Deal is imminent imo as per EV. Every day that goes by that ends without the deal being signed makes the next day more likely to be the one.
Why has it been any day now since June/July?.... there are several reasons indicating the deal is imminent including:
because the deal is "fait accompli" from Kiran's perspective “90% done” (weeks ago)
final settlement is circulated for approval and Kiran is “highly confident”
the second net $10m was granted without protest from the banks
start of recruitment
start of works on site
gerald's started shipping in line with the JRP
-----
1041359-79.2015.8.26.0100
Class
Execution of Extrajudicial Title
MOVEMENTS
Date Movement
24/08/2021 Dispatch Conclusions
24/08/2021 Certificate of Notary Issued
Certificate - Generic
02/08/2021 Attached Petition
Protocol No.: WJMJ.21.41249852-0 Type of Petition: Miscellaneous Petitions Date: 02/08/2021 11:31
06/07/2021 Certificate of Issued Publication Relation :0194/2021 Date of Availability: 6/7/2021 Publication
Date: 7/7/2021 Journal Number: 3313 Page: 773 to 785
05/07/2021 Submitted to DJE
Relation: 0194/2021 Content of the act: Visas. Page 256/258: Take note. I register the new administrator of Zamin Amapá Mineração Ltda so that she can take note of the present event and receive the publications. Let the parties say about the approval of the recovery plan of the executed, proving it, within 15 (fifteen) days. After, make the case concluded and. Intimate yourself. Lawyers: Osana Maria da Rocha Mendonça (OAB 122930/SP), Tiago Ravazzi Ambrizzi (OAB 236645/SP), Edgard Silveira Bueno Filho (OAB 26548/SP)
------
This case will be concluded once the JRP is approved in the main case 1088747-75.2015.8.26.0100 which has recently had a notary certificate issued, could this be JRP approval? Not to mention the "Attached Scan" there have only been three of these so would be a scan of a document possibly one that requires a signature (otherwise just send it electronically).
MOVEMENTS
Date Movement
25/08/2021 Attached Petition
Protocol No.: WJMJ.21.41398146-1 Petition Type: Miscellaneous Petitions Date: 08/25/2021 08:57
24/08/2021 Intermediate Petition Attached Scan
Protocol No.: WJMJ.21.41389459-3 Type of Petition: Intermediate Petition - Scan Date: 24/08/2021 10:12
23/08/2021 Attached Petition
Protocol No.: WJMJ.21.41385648-9 Type of Petition: Intermediate Petition Date: 08/23/2021 17:25
23/08/2021 Certificate of Notary Issued
Certificate - Generic
-----
It is not my intention to mislead just to inform and offer an opinion based on the facts as I see them. Always do your own research.
Is this speculation? Yes, is the deal guaranteed and totally done? No not until we see it for certain in the courts and RNS. Do I think it could be any day now based on the above? Yes absolutely.