Oi appeals hearing on bankruptcy order stalls after judge seeks review

• Oi’s appeal hearing over a lower-court ruling converting its court-supervised restructuring into bankruptcy has begun at Rio de Janeiro’s state court.
• The reporting judge voted to reject appeals filed by Itaú Unibanco and Banco Bradesco against the bankruptcy conversion.
• Proceedings were paused on a request for review by another judge, leaving interim measures in force pending a final decision.
• A prior order extending a stay on enforcement of post-petition claims remains effective, with a court-appointed manager continuing an orderly asset liquidation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oi SA em Recuperação Judicial published the original content used to generate this news brief on June 30, 2026, and is solely responsible for the information contained therein.