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

Oi’s Brazilian plan granted comity in New York

By Kyriaki Karadelis

10 July 2018

Oi’s Brazilian plan granted comity in New York

A New York court has given full force and effect to telecoms company Oi’s Brazilian restructuring plan, overruling objections from shareholders who argued the court should wait until legal challenges to the plan in Brazil are resolved.