Post by account_disabled on Mar 11, 2024 4:48:47 GMT -5
The fault this time is not just the slowness of Justice. The instability of the economy also contributed to leaving the Justice of Minas Gerais facing a real enigma. In the coming weeks, the Minas Gerais Court of Justice must decide the amount to be paid in a debt enforcement action dating back to : R$ million or R$ million. The litigation involves Companhia Energética de Minas Gerais and Rima Industrial, due to undue adjustments in the energy supply tariff. The Court has already recognized that the company Rima Industrial has the right to receive from Cemig, the Minas Gerais energy company, the difference for what it overpaid for the supply of electricity between March and July to the Várzea da Palma factory and between April and December to the Bocaiúva unit.
The sentence has already become final, but the case continues in an attempt to establish the fair value to be reimbursed. In , Rima won the right to reimbursement, but the calculations were Phone Number List not made. It was decided that the amounts would be discussed during the sentence execution phase. When the process came to an end, the criteria determined for paying the adjustment was the TR index (Reference Rate) plus %. The TR was created in to replace the TRD (Daily Reference Rate). It is this index that corrects the monthly savings balance, for example. Rima did not challenge the execution judge's determination, but presented other calculations. As a criterion, he used the argument that in , when the adjustment was unduly charged, the interest rate was not the TR, but the OTN National Treasury Bonds.
Therefore, the amount owed until should be updated by the OTN. From to , another index would fit, the BTN (National Treasury Bond). From onwards, the TR would apply. And instead of applying the arithmetic progression in the % increase, geometric progression was applied. Rima reached the value of R$ million, which in , if corrected using the same criteria, would represent, in , R$ million. The value corresponding to a difference in the energy supply tariff for a single consumer is equivalent to one third of Cemig's net profit in Meanwhile, Cemig maintains that, using the TR index plus %, it owes no more than R$ million to Rima. Official expertise says the debt is R$ million.
The sentence has already become final, but the case continues in an attempt to establish the fair value to be reimbursed. In , Rima won the right to reimbursement, but the calculations were Phone Number List not made. It was decided that the amounts would be discussed during the sentence execution phase. When the process came to an end, the criteria determined for paying the adjustment was the TR index (Reference Rate) plus %. The TR was created in to replace the TRD (Daily Reference Rate). It is this index that corrects the monthly savings balance, for example. Rima did not challenge the execution judge's determination, but presented other calculations. As a criterion, he used the argument that in , when the adjustment was unduly charged, the interest rate was not the TR, but the OTN National Treasury Bonds.
Therefore, the amount owed until should be updated by the OTN. From to , another index would fit, the BTN (National Treasury Bond). From onwards, the TR would apply. And instead of applying the arithmetic progression in the % increase, geometric progression was applied. Rima reached the value of R$ million, which in , if corrected using the same criteria, would represent, in , R$ million. The value corresponding to a difference in the energy supply tariff for a single consumer is equivalent to one third of Cemig's net profit in Meanwhile, Cemig maintains that, using the TR index plus %, it owes no more than R$ million to Rima. Official expertise says the debt is R$ million.