Corinthians win legal battle with Bertolucci, debt reduced: see the figures | OneFootball

The São Paulo Court of Justice decided this week, in part in favor of the Corinthians in a legal dispute against businessman Giuliano Pacheco Bertolucci. The club had appealed a previous decision and managed to reduce the debt value under discussion.

The court understood that the contract provided for the charging of compound interest, a practice considered illegal when there is no clear provision in the agreement. The judges pointed out that the charge violated the understanding of the Federal Supreme Court and the so-called Usury Law, which prohibits the capitalization of interest.

With the decision, it was determined that the debt should be recalculated based on simple interest. This change should generate a significant reduction of about R$ 6 million in the amount owed by Corinthians.

(Photo: José Manoel Idalgo/Corinthians Agency)

New victory

This is not the first legal victory won by Timão against the businessman. Recently, the club managed to annul an execution of R$22.4 million, an amount that was part of the R$ 78.2 million charged by Bertolucci in the Centralized Execution Regime (RCE), under the claim of undue addition of compound interest on the debt pointed out by the agent.

The sentence signed by Judge Fábio Rogério Bojo Pellegrino argued that the "calculations are imprecise and do not allow to verify the evolution of the debt and the charges levied".

Bertolucci went to court against Corinthians in January claiming loans, intermediations, and overdue amounts involving transfers and renewals of athletes who passed through Corinthians in the recent past. Among the names of athletes cited in the lawsuits filed by him, players like midfielders Paulinho and Ramiro, striker Jô and right-back Matheuzinho appear.

Corinthians, in turn, recognized in the RCE a debt of R$ 78.2 million and, in February, filed an embargo in court to try to suspend the execution of the debt with the businessman. The alvinegra defense understood that the calculations of the values were incorrect.

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This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.