Petrobras manages bill to stop billions of dollars



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The STF accepted the request for preliminary injunction and the state has for the moment been released from an impact of about 17 billion reais

By

Ricardo Brito, of Reuters

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Jul 27, 2018, 13:42 – Posted on July 27, 2018, 1:40 pm

Case in TST: case involving "51,000 employees of Petrobras in 47 collective actions and more (STF), Dias Toffoli, Friday Petrobras and suspended from the beginning the possibility (19659008) The decision of Toffoli, taken during the suspension of the STF, suspended a sentence pronounced by 13 ministers of the Court Superior of Labor (TST)) last month in a tight decision in which 12 magistrates voted favorably to Petrobras in a case that discusses how to pay a salary.

By appealing to the STF presented the day before, obtained by Reuters, the company's lawyers have alleged that there is a "risk of irreparable harm" if the TST's decision is already respected, even though it may still appeal to the Supreme Court.

Petrobr employees as, in 47 collective actions and more than 7,000 individual shares, with a financial impact of nearly 17 billion reais. "

And that, if he was not granted an injunction to suspend the decision of the TST,

In the decision, Toffoli granted the injunction to prevent any effect of the TST arrest until At the final judgment of the case by the Supreme Court or if the reporter

Toffoli appreciated the claim because it was an urgent matter and to be in the recreation of the judiciary

The exe president the STF tribunal pointed out that the TST judgment certificate itself "expresses a reference" to a constitutional norm and also stated that there was a "small majority" formed in favor of the winning thesis

The cause in which Petrobras was defeated in the TST refers to the compensation policy of its employees in force since 2007, with the adoption of the Minimum Compensation and Plan (RMNR).

In a judgment delivered to one vote, this tribune unal confirmed the point of view of the workers' representatives and ruled in favor of the exclusion from the calculation base of the RMNR of the additional payments related to

Given the predominance of this thesis in the TCT, Petrobras may be required to complete a larger amount than it has currently transferred to its employees for the RMNR to be reached.

19659008] The Petrobras stock was up 1.7 percent at 1:10 pm, while Ibovespa was up 0.8 percent at the same time.

Pending Resources

So far, according to Petrobras, the judgment of the trial – summarized with the decision of the TST – has not yet been released. After obtaining the injunction, if the Minister Alexander de Moraes does not cancel it, the state may still present to the STF an extraordinary appeal – a type of action that will call into question the merits of the judgment in the light of a constitutional question.

Toffoli also cited the potential effect of an immediate execution of the TST conviction on the oil company.

"The economic effects of the implementation of this decision on the applicant's coffers are notorious, pending the delivery of this decision of the Supreme Court before proceeding to the liquidation of the judgment rendered by the TST", he declared

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