Lawsuits filed by a group of Fuel Group shareholders against companies in the gas and fuel industry over the merger of petrol station networks in 2016 were denied by Fuel Group shareholders as the proceedings were outside the natural jurisdiction . . High Court Panel III . The cases were distributed to the courts in Rio de Janeiro , despite a prior agreement that all legal issues would be brought before the courts in São Paulo , where the developer is headquartered .
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Responsible for the network of gas stations that bears its name . reproduction
The group's shareholders claim the petrol station network was undervalued in Transportation Email List the merger, causing losses to investors . The company claims that the complainants tried to reopen discussions with the same claims in - in an attempt to obtain a different result than the São Paulo court's decision . Both the U.S. Securities and Exchange Commission and - have analyzed this case and were ultimately found not guilty. -Have the same understanding about this .
For Minister João Ottavio de Noronhaãá , the appeals rapporteur , the shareholder group was aware of the forum elections , which were scheduled for an extraordinary general meeting of shareholders prior to its establishment . It was also decided during the meeting that all legal disputes would be conducted at its headquarters in the city of São Paulo . The Rapporteur emphasizes that it is not possible to use the provisions of the Code of Civil Procedure that allow forum selection in the cases analyzed .
Since two directors of the shareholder group reside in the state of Rio de Janeiro, the shareholders attempted to use the clause to bring their claims in Rio de Janeiro . There is no way for the rapporteur to violate terms that shareholders already know about . Furthermore, it was emphasized that the damage occurred in São Paulo , where the meeting leading to the founding of the company took place.
Joao Ottavio de Noronha - who voted in the company of other ministers in the group - was not competent to analyze the case. Based on this decision, demand will be shifted to - . Information from the Press Office.