01-08-2025
Brazil Telecom Firm Oi Is Preparing a Chapter 11 Filing
By , Giovanna Bellotti Azevedo, and Cristiane Lucchesi
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Distressed Brazilian telecom operator Oi SA is preparing a Chapter 11 bankruptcy filing in a US court, according to people familiar with the matter.
The company is working with law firm White & Case LLP, the people said, asking not to be named discussing private details. The company will probably file as soon as its ongoing Chapter 15 process is canceled, one of the people said.
