123 Milhas: Judicial recovery ‘freezes’ lawsuits against company temporarily

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Understand how the situation of customers is during the 180 days that the company will have to organize itself. 123 Miles – Congonhas Airport, located in the City of São Paulo on August 30, 2023 RENATO S. CERQUEIRA/FUTURA PRESS/FUTURA PRESS/ESTADÃO CONTEÚDO Judge Claudia Helena Batista, from the 1st Corporate Court of the District of Belo Horizonte, accepted the Thursday (31) the request for judicial recovery of 123 Milhas. With the decision, actions and executions against the company’s debtors are suspended for a period of 180 days. (Understand more at the end of the text). Experts in consumer law heard by g1 explain that the travel agency’s judicial recovery paralyzes the processes that customers have opened to recover financial losses. That is, during the established period, the consumer will not be able to demand the refund of the values, according to the lawyer Lucas Sampaio, master in law by PUC-SP. Customers who have already issued airline tickets will be able to travel normally. How the recovery of 123 Miles affects customers ✈️ 🤚 Customers who filed a lawsuit or who have an action in progress will have them paralyzed for 180 days; 🤝 If the 123 Miles recovery plan is accepted by justice, customers will be the last to be compensated. Debts at work and with suppliers have priority, according to Sampaio; 🛫 Customers who have already had tickets issued in their name fly normally; 🗣️ The orientation is that customers await the decision of Justice. If they feel aggrieved, customers should resort to Procon and the site Consumidor.gov.br. Also read Why the company filed for judicial recovery Learn about 123 Milhas business model Know what to do if your trip has been suspended What is judicial recovery 🤔 Judicial recovery serves to prevent a company in financial difficulty from declaring bankruptcy and closing its doors . It is a process by which the indebted company gets a deadline to continue operating while negotiating with its creditors, under the mediation of Justice. Debts are frozen for 180 days and the operation is maintained. In the request made to the Justice, the defense of 123 Milhas and the other companies stated that they “are going through a momentary and punctual crisis, fully liable to be resolved”. According to the financial statements attached to the request, 123 Milhas had a net loss of BRL 1.67 billion in the first half of this year. Consumer rights 123 Miles: See consumer rights Travel passport See how to obtain a passport How to obtain a visa for the USA How to obtain a tourist visa for the USA How to obtain a visa to travel to the USA

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