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Former judge and former Justice Minister Sergio Moro was hired as managing partner of Alvarez & Marsal, an American consultancy, to work in the area of Controversies and Investigations. The announcement was made on Monday (11/30).
According to the company, Moro’s hiring “is in line with A & M’s strategic commitment to develop solutions to complex dispute and investigation issues, offering the consulting firm’s clients and its own consultants the experience of a former Brazilian government employee. “.
Alvarez & Marsal is a judicial administrator for Odebrecht and a financial advisor in the recovery of Sete Brasil, in addition to being hired by Queiroz Galvão to restructure the group. All these companies have been in a delicate economic situation since they were devastated by the “lava jet”.
The judicial reorganization of Odebrecht includes the delay in the payment of the remuneration of 42 complainants of the company, who collectively charge almost R $ 500 million, according to news from the newspaper. Or Balloon.
According to the newspaper Economic value, Moro’s contract includes a clause that states that it will not act in cases that may generate a conflict of interest.
“A & M’s integrated model and group of leaders with prior experience in government and regulatory functions reflects my own experience and creates a solid foundation to provide solutions throughout Brazil, South America and other countries,” Moro said of the hiring. “I look forward to contributing to the company’s legacy of driving change and helping clients solve current challenges and anticipate future ones.”
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