Vasco lodges appeals at TJRJ, cites football halt to end intervention | OneFootball

Club de Regatas Vasco da Gama has filed an Interlocutory Appeal with the Rio de Janeiro Court of Justice in an attempt to immediately suspend the decision by the 4th Business Court that ordered intervention in the management of Vasco SAF. In addition to the club’s appeal, the removed board members have also filed a petition, and a request for reconsideration is currently pending. The defense is seeking an urgent stay to return control of the company to the executives who had been removed from their positions.

The main legal argument made by CRVG is that the ordinary courts lack jurisdiction to rule on the corporate governance of the SAF. The club argues that the contracts signed between the parties establish that corporate disputes must be decided exclusively through arbitration, and that the dispute against 777 Carioca is already underway at the FGV Arbitration Chamber. Another complaint in the challenge is that president Pedrinho and the other members of the Board of Directors were removed without the right to an adversarial proceeding.

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Former intervenor’s report and resignations expose crisis at Vasco SAF

The petition uses a series of recent events to show that the court decision ended up triggering a serious institutional crisis. Vasco attached to the case the collective resignation letters of the Fiscal Council members — Marco Schroeder, David Tavares Nunes, and Carlos Antonio Rodrigues Jorge — as well as the departures of José Luiz Trinta, Vice President of Integration, and Luis Guedes, VP of Engineering and Construction. The document also mentions the departure of executive Samantha Mendes Longo after six days in the role and the judge’s own declaration of recusal for personal reasons.

The club’s defense also relies on the first report left by Samantha Mendes Longo before her resignation. The text emphasizes that the court-appointed intervenor herself acknowledged the existence of an appropriate and specialized technical management structure within the company, which, in the view of Vasco’s lawyers, completely contradicts the assumptions of fraud or reckless management that justified the injunction.

Transfer market stalled and threat to sale to Marcos Lamacchia

On the sporting side, Vasco listed concrete losses in the football department resulting from the paralysis in governance. The appeal states that the legal uncertainty derailed the agreement with coach Fernando Seabra and froze the search for reinforcements in the transfer market, even affecting ongoing negotiations for player signings and preventing progress on the return of forward Gabriel Pec.

Finally, the club brought into the case file the progress of talks to sell the SAF’s shares. The document reveals that investor Marcos Lamacchia made the final completion of the purchase of control of the football company conditional on the end of the intervention and the return of Pedrinho’s former management. The case is now awaiting the TJRJ’s analysis of the request for a stay, while 777 Carioca is expected to submit its response in the coming hours.

Marcos Lamacchia and Pedrinho; negotiations for Vasco SAF are ongoing – Photo: Reprodução

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