Member Info for Cause17

@pgal - Thank you for the find. Clarity amid confusion for me.

@obs - I am a little confused with that case.

It says "Visas. 1. An appeal is filed against an instrument filed against the r. decision of pages 15,889 / 15,890 of the main documents, issued by the judge of the 2nd Bankruptcy and Judicial Reorganization Court, Dr. Paulo Furtado de Oliveira Filho, who approved the plan and granted judicial reorganization."

By that wouldn't it mean the appeal upheld in partial, is an appeal against the appeal against the JRP?

I read it a few times but couldn't come to a conclusion.

@tomcat - This may be of help to you

Prior judgement on this litigation. Reasons why AAF should be included.
https://www.jusbrasil.com.br/diarios/300804306/trt-8-judiciario-05-06-2020-pg-624?ref=previous_button

What the labour claims are based on.
https://www.jusbrasil.com.br/diarios/159719081/trt-8-judiciario-05-09-2017-pg-105?ref=previous_button

https://www.jusbrasil.com.br/diarios/159719521/trt-8-judiciario-05-09-2017-pg-545?ref=next_button

Hope these help, if you aren't already aware of this

@Obs - That is what the optimist in me thinks....

The history of that case is the one where they ruled that AAF is responsible for the labour credits too..the details are at the bottom. It nicely corresponds to the escrow amount.

This along with the new attorney...
Also reading all that a few times, again the optimist in me agrees with what @tomcat said in the morning. New attorney to take things to the next stage.

Sorry. It was meant to be:

As it says contemplated, it could mean that ad negotia PoA wasn't granted at the time and it is time to get to that stage so a EGM?

My understanding is that power of attorneys can assign specific limits to what the appointed attorney can decide on and even if they need to grant new powers, the an EGM needs to be called.

As it says contemplated, it could mean that ad negotia PoA wasn't granted at the time and it is time to get to that stage so a EGM.

I am confused on that Tomcat.
It says "contemplated" in May 2019. I am unable to find anything with regards to power of attorney.
I still see the Donelli, Abreu Sodré e Martins are representing Zamin (there was an update dated yesterday with their names on it).

Do you think the new attorneys are a replacement or they have been tasked with a new power/objective (because some translations say negotia could mean power to authorise sale/purchase) or the current advocates have been granted a new power which was discussed back in 2019?

https://www.jusbrasil.com.br/diarios/306801165/trt-8-judiciario-14-07-2020-pg-52?ref=next_button

Further decision on the case involving AAF that was shared earlier (I think the one involving guarantee being waived).

It does look it Ob.

https://www.jusbrasil.com.br/diarios/306801893/trt-8-judiciario-14-07-2020-pg-780?ref=next_button

https://www.jusbrasil.com.br/diarios/306801896/trt-8-judiciario-14-07-2020-pg-783?ref=serp

Her Excellency ANNA LAURA COELHO PEREIRA, Judge of the 3rd MACAPÁ WORK COURT, MAKES, by this NOTICE to all those who see or hear from her, that the executed ZAMIN AMAPA MINERACAO SA is quoted in JUDICIAL RECOVERY to, within the time limit 48 (forty-eight) hours, pay or guarantee the execution, in the amount of R $ 11,110,016.82.

That is approximately 2.1 million $.

https://www.jusbrasil.com.br/processos/240043561/processo-n-2213966-5120198260000-do-tjsp

A latest on a hearing where the earlier mentioned advocates were involved (also involves Zamin)

Do you know anything on this maddog?
I am curious since it says contemplated on May 13 2019. So I just want to know what was involved with the whole PoA there.

Does anyone have any information on this:
Power of attorney granted by the Company on May 13, 2019

This is in relation to the below.
Link - https://www.jusbrasil.com.br/diarios/306684853/dosp-empresarial-14-07-2020-pg-34?ref=serp

The firm who they propose to hand power of attorney seems to have been involved in the JRP negotiations.

Link - https://dsmlaw.com.br/en/approval-and-homologation-of-the-judicial-reorganization-plan-of-zamin-amapa-mineracao-s-a-dev-mineracao-s-a-under-judicial-reorganization/

Definiton of ad negotia attorney : Meaning a person with the powers to carry out a specific transaction (source google)
ad negatia: in charge of/responsible for the administration of somebody's property
======================================================================================================

Extraordinary General Meeting of DEV Mineração, which will take place on 07/22/2020, in person at the Company's headquarters, at 9:00 am, on the 1st Call , and at 10 am, on the 2nd Call, to resolve on the following matters on the Agenda: (i) Appointment of a new attorney-in-fact, who will be empowered to represent the Company by means of an ad negotia power of attorney

managers and attorneys-in-fact contemplated by the power of attorney granted by the Company on May 13, 2019 to members of the law firm Donelli, Abreu Sodré e Martins - Sociedade de Advogados

===========================================================================================

Please correct any wrongs here. Thanks

Some others:

https://www.jusbrasil.com.br/diarios/306673388/djsp-judicial-1a-instancia-interior-parte-iii-14-07-2020-pg-961?ref=serp - on maritime credits. Process goes back years.

https://www.jusbrasil.com.br/diarios/306684853/dosp-empresarial-14-07-2020-pg-34?ref=serp

Thanks for the links. Yes, it looks like news I shared aren't up to date in comparison to what you posted.

More recent one

https://www.metalbulletin.com/Article/3941316/steel/Seaborne-iron-ore-concentrate-pellet-prices-rebound-in-line-with-futures-fines.html

https://in.mobile.reuters.com/article/amp/idINL4N2EH0GN?__twitter_impression=true

From previous friday on Iron Ore prices

Thanks Obs

There were some labour court updates regarding Zamin, although reading them, my understanding is that they are with regards to labour credit owed by Anglo American which they unsuccessfully tried to tie up to the judicial recovery. But last lines seem to be interesting.

==========================================
In the interest of the above process and as determined by the Judge (s), the party (ies) indicated (s) in the recipient field (s), summoned to be aware of the interposition of embargoes to execution ID 5fb7ca7 , in order to manifest itself within the legal deadline.
==============================================

https://www.jusbrasil.com.br/processos/160892315/processo-n-0000525-2120175080201-do-trt-8

Scrolling further down has the ruling with regards to AAs petition for shifting responsibility.

Legal definition below of embargoes to execution (if anyone is interested)

http://www.normaslegais.com.br/juridico/impugnacao_embargos.htm

@Obs - Thank you for the answer. I was thinking along the same line. Fingers crossed for some good news sooner.