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@news: It is very nice to see you post here. I found your posts a few weeks back on the .pl forumn very informative. Thank you.
Below was the update from courts.
04/03/2021 Documento
Protocolo nº WPRO.2100203050-1 Embargos de Declaração Cível
04/03/2021 Subprocesso Cadastrado
Seq.: 50 - Embargos de Declaração Cível
https://esaj.tjsp.jus.br/cposg/search.do?conversationId=&paginaConsulta=1&cbPesquisa=NUMPROC&numeroDigitoAnoUnificado=2199480-27.2020&foroNumeroUnificado=0000&dePesquisaNuUnificado=2199480-27.2020.8.26.0000&dePesquisaNuUnificado=UNIFICADO&dePesquisa=&tipoNuProcesso=UNIFICADO&uuidCaptcha=sajcaptcha_a4b0de256b784799ae59ab0ee174ec3d&g-recaptcha-response=03AGdBq27_wnYt1AKzEKeWS8HE9KT2CQ8xH7Yo7GKrN8gxAOaIAwEn1AkJ0-iYCZGJA7Hl7C9yXgCrAiA6vPCZ1yDfEtuyz1IamdQdg7EIAHi1mGXln7WYSLObM-kevYYSxwvgmZq5F73iSjpkS7E7Hln1pinuvNySFIfxWRj3xY62M5jbuNtlnKTNJtv1QYsOm8rZrdpiT09cmMgrM3xalSCmGv1cUg-UUwTb6U99Ihbzimhh1_G6g7WEO8OEhSdgv_2z3ttWjzyYQ57kf6KQs8KuUT_4KtxW6zkP0Hpg58rngMmXsradfgy1PC_FFJHayA-DwhRRUb31BtmJGXtQI6_HH100lXv03PiM9ORFFOK8O37NnbzWDgr632j-xjm3N3Ubx4teBG3o8wkU6zIHGuJyEHHR4uXuJMhRXbN_PB-rDl2AvQZLmzDfdqmkZ7DznRfOYZTIbBtzHNM44BMpfFCMFDFwnJMsMw
Below is the apparent translation as per a Google search (not translation)
Portuguese term or phrase: Embargo de Declaração
English translation: appeal requesting clarification of the decision
@news - I am with @Isb and @Bannor. Technically Dev can ship. The full net amount from shipping is to be paid into a judicial account. Expenses are accounted for in the way suggested by JA and spent according to the court ruling.
Until the agreement is signed, KDNC doesn't own any of Dev.
But indications being given are that the agreement with banks may get signed before or close after shipping. There has been an update on the records with regards to Intesa Vs Dev case dated 4th. So by the time the shipping occurs, it could be KDNC joint venture that is shipping the ore. But all this is just a possibility for now I guess.
Not food @maddog.
This was the content I was referring to.
Process 1078880-82.2020.8.26.0100 - Credit Qualification - Credit Classification - Joaquim Carvalho Nobre Dias - Dev Mineracao SA - In Judicial Recovery, - KPMG CORPORATE FINANCE LTDA - Visas. Preliminarily, to the judicial administrator to inform: 1) Date of the break or distribution and deferral of the processing of the judicial recovery, as well as if the incident is timely. In this case, the Judicial Administrator must petition informing that he will proceed with the administrative analysis; 2) If the qualifying / impugnant was included in the list presented by the judicial administrator referred to in art. 7 , paragraph 2 , of Law 11.101/ 2005, and must indicate the amount and credit rating; 3) Whether the General Creditors' Board has been approved; 4) Whether the requirements of article 9 of Law 11.101 / 2005 have been met . 5) Timeliness analysis for the possible application of Article 1 of Law 15,760/ 2015, regarding the collection of costs. If there are sufficient documents, the judicial administrator must immediately present his opinion, instructed with an accounting expert report, within 10 days. In the event of impossibility, the judicial administrator must inform the Court and proceed directly to the applicant's patron, requesting the complementation of the documentation. Deadline: 30 days. After, if in terms, the bankrupt / recovering is heard and the parties of the opinion of the judicial administration are made aware, emphasizing that in the bankruptcy proceedings, the file of the case must be opened to the Public Prosecutor for presentation of the final opinion. In due course, make conclusions for decision. Int. - ADV: LUIZ ANTONIO VARELA DONELLI (OAB 248542 / SP), JOSE ROGERIO LIMA DE ARAUJO (OAB 149578 / SP),JOSIETE DO SOCORRO BOTELHO DIAS (OAB 2896BAP), OSANA MARIA DA ROCHA MENDONÇA (OAB 122930 / SP)
Maybe they are referring to this @tomcat?
https://www.jusbrasil.com.br/processos/313320901/processo-n-1078880-8220208260100-do-tjsp
This gives a 30 day deadline. But not sure for what..
https://www.jusbrasil.com.br/diarios/1114481701/djsp-judicial-1a-instancia-capital-01-03-2021-pg-1023
"Proceed in secrecy of justice to prevent the access of strangers to the judicial reorganization process"