Vale informs on the injunction to present guarantees
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Vale informs on the injunction to present guarantees
Vale updates on the press release “Vale becomes aware of a lawsuit filed by the MPMG” published on May 27th, 2020 and informs that the Court (TJMG) judge Peixoto Henriques, issued a provisional decision in order to grant the suspension of the request to present guarantees in the amount of R$ 7.9 billion. The court considered that there is no evidence of any risk that Vale would not comply with a future decision on the lawsuit. The suspension stands until a new decision to be made by the judge Belizario de Lacerda, that may confirm or modify the current decision.
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