777 tries to postpone Vasco da Gama’s judicial recovery

by Andrea
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A 777 on Tuesday (25) with a request for precautionary protection so that the analysis of the request for judicial recovery (RJ) made by the Vasco da Gama be postponed. Investors removed from the club’s corporation (SAF) as an injunction claim that decision is not made until March 12.

This is the date for which the trial is marked on the injunction it granted the Vasco da Gama associative club back control over SAF. The petition filed in the process by investors, to which the Infomoney He had access, argues that the request for judicial recovery would be supported exclusively on the injunction that “precariously” and “provisional” the corporate rights of the 777 was “precariously”.

In the document, 777 argues that the Code of Civil Procedure does not allow injunctions to be used to legitimize the practice of irreversible acts.

777 tries to postpone Vasco da Gama's judicial recovery

“For this reason it is that the injunction issued in May 2024 cannot be used as if it were a ‘blank check’ for CRVG [Club de Regatas Vasco da Gama] Do what you want to understand in SF’s management and destination, ”they write in the document. Judicial recovery, according to the argument, would be a measure with irreversible effects.

777 says that the request for judicial recovery would subject the company to a specific legal rule and the course of the recovery proceedings may cause bankruptcy.

On Monday, CRVG filed a request for judicial recovery for the Associative Club and SAF at the 4th Business Court of the Rio de Janeiro Court of Justice (TJ-RJ), under control of the Association since May 2024.

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In addition to the injunction disputed in court, Vasco and 777, one. In it, Vasco seeks the termination of the contract sealed with 777 for the sale of its SAF. Investors want to resume control.

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