AJ Ruiz Consultoria Empresarial S.A. v. Banco Bilbao Vizcaya Argentaria, S.A. et al
Case Number:
1:21-cv-06018
Court:
Nature of Suit:
Judge:
Firms
Companies
- Banco Bilbao Vizcaya Argentaria SA
- Deutsche Bank AG
- Intesa Sanpaolo SpA
- Mitsubishi Corp.
- Mizuho Bank Ltd.
- Standard Chartered PLC
- UniCredit
Sectors & Industries:
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February 07, 2024
Brazilian Oil Rig Creditors Cleared Of Asset Draining Claims
A New York bankruptcy judge has dismissed two lawsuits worth $465 Million against U.S. and international banks accused of exploiting a complex sale-leaseback deal that purportedly drained the assets of the Brazilian oil and gas conglomerate Schahin Group, leading to its financial downfall.
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July 14, 2021
Oil Rig Deal Hurt Brazilian Conglomerate, Creditors Say
A Brazilian oil and gas conglomerate's bankruptcy administrator accused a group of creditors of scheming to be paid quickly in an oil rig deal that simultaneously jeopardized the company's finances and the interests of other creditors and wants to recoup $465 million in alleged unjust enrichment.