Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Court gives 5 days for X to validate its Brazil legal representative

by
September 22, 2024
in Stock
0
Court gives 5 days for X to validate its Brazil legal representative

BRASILIA (Reuters) – The Brazilian Supreme Court gave Elon Musk-owned social platform X five days to present documents validating its new legal representative in the country, a court decision showed on Saturday.

X lawyers said late on Friday that it had named a legal representative in Brazil, addressing one of the demands imposed by the court to allow the social platform to resume operations in the country.

In his Saturday decision, Supreme Court judge Alexandre de Moraes gave five days for X to provide commercial registries and other documents proving that X formally signed Rachel de Oliveira Conceicao as its Brazil legal representative.

Brazil’s top court in late August ordered mobile and internet service providers to block X in Brazil, and users were cut off within hours, after X did not comply with court demands including naming a legal representative.

Brazilian law requires foreign companies to have a legal representative to operate in the country. The representative would assume the legal responsibilities for the firm locally.

X had a legal representative in Brazil until mid-August, when it decided to close its offices and fire its staff in the country.

The move followed a months-long dispute between Musk and Moraes over the firm’s non-compliance with court orders demanding the platform to take action against the spread of hate speech, which the billionaire denounced as censorship.

This post appeared first on investing.com
Previous Post

Investors should de-risk ahead of US elections, BCA says

Next Post

Harris accepts CNN invitation to second debate, urges Trump to join

Next Post
Harris accepts CNN invitation to second debate, urges Trump to join

Harris accepts CNN invitation to second debate, urges Trump to join

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    US destroys 16 Iranian mine boats as Strait of Hormuz oil showdown escalates

    US destroys 16 Iranian mine boats as Strait of Hormuz oil showdown escalates

    March 12, 2026
    House GOP urges Trump to choke off Iran ally’s oil profits as Middle East turmoil spikes US gas prices

    House GOP urges Trump to choke off Iran ally’s oil profits as Middle East turmoil spikes US gas prices

    March 12, 2026
    Lahontan Announces Private Placement

    Lahontan Announces Private Placement

    March 12, 2026
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • US destroys 16 Iranian mine boats as Strait of Hormuz oil showdown escalates
    • House GOP urges Trump to choke off Iran ally’s oil profits as Middle East turmoil spikes US gas prices
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2026 proudforprofits.com | All Rights Reserved