The Supreme Federal Court (STF) confirmed on Thursday (12) the validity of the decision that ratified an agreement to end the lawsuits over savers' financial losses caused by the economic plans of the 1980s and 1990s.
The full court rejected three appeals filed by entities lacking legal standing to contest the Court's decision. As a result, the Supreme Court ordered the definitive closure of the case and maintained the deadline for joining the agreement until June 2027.
In March 2018, the STF ratified the final agreement reached between the Attorney General's Office (AGU), representatives of banks, and consumer protection associations to end the lawsuits on the subject.
The agreement provides for the adjustment of savings deposits made during the entry into force of the Bresser (1987), Verão (1989), and Collor 2 (1991) economic plans.
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The Supreme Federal Court (STF) confirmed on Thursday (the 12th) the validity of the decision that ratified an agreement to end the lawsuits over financial losses suffered by savings account holders caused by the economic plans of the 1980s and 1990s.
The full court rejected three appeals filed by entities lacking legal standing to contest the Court's decision. As a result, the Supreme Court ordered the definitive closure of the case and kept the deadline to join the agreement until June 2027.
In March 2018, the STF ratified the final agreement reached between the Attorney General's Office of the Union (AGU), representatives of banks, and consumer protection associations to end the lawsuits on the matter.
The agreement provides for the adjustment of savings account deposits made during the entry into force of the Bresser (1987), Verão (1989), and Collor 2 (1991) economic plans.