Court authorizes blocking of values ​​from Starbucks operator to pay debt with government of Minas Gerais

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Debt of almost R$178 thousand refers to ICMS, which was not collected between January and November 2022. The debt registered by the company is R$1.8 billion Reproduction The Court of Justice of Minas Gerais (TJMG) authorized the blockade of amounts from the bank accounts of the Starbucks operator in Brazil, SouthRock Capital, to pay an active debt with the state Executive. The debts reach almost R$178 thousand. In a decision published this Tuesday (7), judge Mauro Pena Rocha, from the 2nd Tax Court of the State of the District of Belo Horizonte, stated that the amount refers to the Tax on the Circulation of Goods and Services (ICMS), which was not collected between January and November 2022. If the company does not respond within five days, the blocked amount may be transferred to a judicial account. If the operator does not have available resources, the government of MG will be notified to request the debts in another way, within a period of one year. “[…] If there are no assets to block, the creditor should be given permission to request whatever is right. If nothing is required, the action shall be suspended, with the Claimant being hereby notified that, after a period of one year has elapsed without a statement, regardless of a new subpoena, which will be certified in the records, the action will be archived, in accordance with Provision no. 301/2015 of the General Inspectorate of Justice”, said the magistrate. More debts Another action is being processed in the 3rd Tax Court of the State of the District of Belo Horizonte, with the amount of R$ 86,913.47, in which it has already been determined the summons from Starbucks to pay another debt with the government of Minas Gerais. The debts refer to the months of December 2022 and January 2023. Judicial recovery On November 1st, the São Paulo Court denied the company’s request for judicial recovery SouthRock Capital, the company that runs the operations of Starbucks, Eataly and Subway in Brazil. In the decision, judge Leonardo Fernandes dos Santos, from the 1st Bankruptcy Court of São Paulo, asked for a preliminary examination of the documentation presented by the company on the day October 31, when the request was filed. Parent company of Starbucks and Eataly files for judicial recovery; understand The debt registered by the operator is R$1.8 billion. Low level of confidence, high instability in the country, interest rate volatility and constant exchange rate variations are among the justifications given by the company for the process. The most viewed videos on g1 Minas:

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