Mired in debt, Alexandre Correa suffers yet another defeat and his request for judicial recovery is rejected.  Understand!

Mired in debt, Alexandre Correa suffers yet another defeat and his request for judicial recovery is rejected. Understand!


Alexandre Correa has filed a request for judicial recovery after accumulating debts of R$40 million. Understand!




Alessandro Correa had another defeat in court this Monday (18th). According to an article published on the Notícias da TV website, judge Maria Rita Rebello Pinho Dias denied the request for judicial recovery that the entrepreneur presented at the beginning of this month. To the the debts of the former couple’s companies reach R$40 million.

According to the decision, Alexandre’s request was rejected because he filed the lawsuit without Ana Hickmann, also a partner of the companies, providing him with a power of attorney to resolve the matter. The judge also underlines that the entrepreneur, as a private individual, should not have submitted the request on behalf of the company.

“The shareholder, therefore, even if he is a director, does not have the legitimacy to request the Judicial Reorganization, nor the precautionary protection that precedes it, against the company, since his legal personality cannot be confused with that of the company of which he is part partner, therefore endowed with active legitimacy”, reads an excerpt of the decision published by Notícias da TV.

Now, Alexander, who is also accused by Ana of criminal conspiracyyou have 15 days to correct the initial request, this time with a power of attorney in which the presenter authorizes the shareholder to present the request to the Court on behalf of the company.

ALEXANDRE CORREA BLAMES ‘START OF THE CURRENT GOVERNMENT’ ASKS FOR JUDICIAL RECOVERY

The judicial recovery request is a tool available to companies to avoid declaring bankruptcy. The goal is to suspend processes and charges for 180 days so the company has time to…

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Source: Terra

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