Eduardo, Moaccir and Nicole

Mattos Filho represent Ternium Group in a lawsuit

Mattos Filho represent the Ternium Group in a lawsuit filed by CSN, in 2012. CSN claims that the acquisition of shares of the Usimina’s controlling block, by Ternium Group, trigged, to the Ternium Group, the obligation to launch a mandatory tender offer (tag-along offer).

CSN requests that Ternium Group is obliged to make the tag-along offer or, subsidiarity, that Ternium Group is forced to purchase all CSN’s shares in Usiminas.

The trial court has not granted CSN requests. The ruling was upheld by the Appellate Court. CSN filed a special appeal seeking the overturning of the decisions by the Superior Court (STJ).

On 5th March 2023, the STJ upheld the Appellate Court decision by the majority of votes (3 votes to uphold vs. 2 votes to overturn). The STJ decision is still subject to appeals before the case becomes final.

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados relied on partners Eduardo Damião Gonçalves (pictured left); Nicole de Barros Moreira Reis (pictured center), Moacir Zilbovicius (pictured right) and associate Roberta Novaes Marcondes.

E. Munhoz Sociedade de Advogados was also involved at this deal.

Mattos Filho represent Ternium Group in a lawsuit


The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram