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OAS files for bankruptcy as credit lines dry up

OAS, which helped build Rio de Janeiro's Nilton Santos stadium, faces allegations of corruption/Dodoedo

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped Grupo OAS, Brazil’s third-largest engineering and construction company, obtain bankruptcy protection for nine of its units after its involvement in the ongoing Petrobras corruption scandal restricted the company’s access to credit and made its debt burden unmanageable.

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