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RE: LeoThread 2025-01-31 13:43

in LeoFinance7 days ago

Part 2/9:

At the end of the previous year, Corinthians initiated an RCE, a process designed to centralize all outstanding debts and provide a clear framework for repayment. Essentially, this legal maneuver allows the club to negotiate payments with its creditors under judicial oversight, promising a structured pathway to resolving its financial obligations.

In the context of these negotiations, Juliano Bertolutti emerged as the club's largest creditor, with a staggering claim amounting to approximately 78 million Brazilian Reais. What makes Bertolutti's situation poignant is that he had not initiated any legal proceedings prior to this arrangement, leading to his decision to actively pursue recovery of this debt through the courts.

The Debt Chronicles: A History of Borrowing and Default