Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Trustee of Oi's Dutch arm takes battle with Brazilian parent to New York

By Jack Barton

12 July 2017

Trustee of Oi's Dutch arm takes battle with Brazilian parent to New York iStock.com/ons yangna

The trustee of the Dutch arm of Brazilian telecoms group Oi has filed for Chapter 15 protection in a New York Court, seeking recognition of his authority to act for the subsidiary - and to reject the restructuring plan that Oi is attempting to pass in Brazil.