20
Aug
08:44
Brazilian court rejects claims on Vale, BHP assets
The Brazilian 2nd Business Court of Belo Horizonte has dismissed the Minas Gerais Public Prosecutor's Office (MPMG) petition for the seizure of assets owned by Vale and BHP to an amount corresponding to the debt of Samarco. The authority also denied the suspension of the miner`s judicial recovery plan (JR), Kallanish notes.
In the request submitted to the Court on 18 August, the Prosecutor`s Office accused Vale and BHP, the owners of Samarco, of a &q…
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