Brazil’s Dying Telecom Giant Oi Turns on Its Own Rescuers

2026-02-18 - 13:33

Key Points Oi, the bankrupt Brazilian telecom, filed suit against Pimco, SC Lowy, and Ashmore — the very foreign investors who became its largest shareholders after converting debt to equity in a court-approved restructuring plan The company alleges the funds abused their controlling position to serve their own creditor interests over those of other stakeholders,