Post by xyz3800 on Feb 28, 2024 7:04:03 GMT
The president of the Superior Court of Justice, minister João Otávio de Noronha, decided to suspend yet another injunction from the São Paulo Court of Justice that allowed the seizure of Avianca planes, a company in judicial recovery since December 2018. The measure is valid until next general meeting of creditors, scheduled for March 29th. reproduction President of the STJ decides that repossessing 10 planes leased by Avianca — a total of 1/3 of the company's fleet — less than 10 days before the general meeting of creditors could jeopardize judicial recovery. reproduction On March 1, 2019, the minister accepted a request from the airline against the TJ-SP decision that had allowed the continuation of legal actions or administrative measures regarding the repossession of aircraft held by Avianca to creditors.
In addition to the possibility of damage to employees, consumers and the national airline market itself if the planes were returned to the lessors, Noronha also considered, in its decisions, that the withdrawal of 1/3 of the company's fleet, ten days before the creditors' meeting , would compromise the company's own recovery. "In addition to the valuable interest of preserving the company, the important social function of trying to recover its Exit Mobile Number List financial health must be highlighted to protect the interests of employees, consumers, suppliers and business partners, as well as the transport market itself national airline and potential investors", concluded the president of the STJ when granting the suspension. Creditors' rights In the judicial recovery action being processed in the São Paulo Court, the judge ordered the airline's statement on the allegation of non-payment of overdue lease installments.
Against this decision, the creditors filed an appeal because they believed that the judge should have ordered the immediate return of the planes to the lessors. In a preliminary decision, the TJ-SP concluded that the creditors' rights to repossess the aircraft could not be suspended, under penalty of violating legal provisions and previous court decisions. With information from the STJ Press Office.Unanimously, the 2nd panel of the Superior Court of Justice denied, this Thursday (21/3), an appeal in which Tickets for Fun intended to reverse a fine of more than R$1 million for violations of the Consumer Protection Code applied by Procon São Paulo. At the session, the collegiate maintained a previous decision by the São Paulo Court of Justice. The TJ concluded that the advance sale of tickets to certain consumers, holders of specific credit cards, prevents other interested parties from competing on equal terms, not being allowed to choose any place or seat at the show or even opt for tickets with more affordable prices.
In addition to the possibility of damage to employees, consumers and the national airline market itself if the planes were returned to the lessors, Noronha also considered, in its decisions, that the withdrawal of 1/3 of the company's fleet, ten days before the creditors' meeting , would compromise the company's own recovery. "In addition to the valuable interest of preserving the company, the important social function of trying to recover its Exit Mobile Number List financial health must be highlighted to protect the interests of employees, consumers, suppliers and business partners, as well as the transport market itself national airline and potential investors", concluded the president of the STJ when granting the suspension. Creditors' rights In the judicial recovery action being processed in the São Paulo Court, the judge ordered the airline's statement on the allegation of non-payment of overdue lease installments.
Against this decision, the creditors filed an appeal because they believed that the judge should have ordered the immediate return of the planes to the lessors. In a preliminary decision, the TJ-SP concluded that the creditors' rights to repossess the aircraft could not be suspended, under penalty of violating legal provisions and previous court decisions. With information from the STJ Press Office.Unanimously, the 2nd panel of the Superior Court of Justice denied, this Thursday (21/3), an appeal in which Tickets for Fun intended to reverse a fine of more than R$1 million for violations of the Consumer Protection Code applied by Procon São Paulo. At the session, the collegiate maintained a previous decision by the São Paulo Court of Justice. The TJ concluded that the advance sale of tickets to certain consumers, holders of specific credit cards, prevents other interested parties from competing on equal terms, not being allowed to choose any place or seat at the show or even opt for tickets with more affordable prices.