The million-dollar property dispute in the divorce between Michel Esper Saad Júnior, partner of the construction company Trisul, one of the largest companies in the sector in the country, and his ex-wife, Valéria Coribelli, has been revived in court.
In a petition sent to court on December 2, Valéria claims that the businessman is trying to prevent her from receiving her share of the common property, estimated at 100 million reais. To try to stop the sharing of his fortune, the document underlines, businessman Saad Júnior would resort to “the possible concealment and dissipation of shareable assets”.
Saad Júnior, according to the petition, had “diverted the assets of a millionaire to his youngest son, the result of his first marriage”. The alleged “diversion” was allegedly carried out via the transfer of R$22.8 million in the form of a loan to Victor Esper Saad.
“In other words, the spouse, by lending R$22.8 million to his son, by zeroing out all his bank accounts and financial investments at the time, lent money that was not his, since 50% belongs to the author (in this case, the ex-wife) who, today, 14 years later (after the divorce), is having difficulty receiving what belongs to her,” say Valéria’s lawyers.
Michel Esper Saad Junior and Valéria Coribelli were married in May 1999 under the regime of partial community of property. The couple has been separated since 2012. The divorce was finalized in October 2015.
Signatures of members
Another question brought to court by Saad Junior’s ex-wife concerns the signatures on the documents of the companies involved in the process, of which the businessman is a partner. The list of companies includes, among others, Trisul SA and Trisul Participações SA.
In this case, Valéria’s lawyers point out that all companies require that their documents be signed by several directors (or partners) or by lawyers designated by the managers of these companies.
In the process in question, Valéria asserts, the documents are signed only by Saad Júnior, who “alone appointed lawyers to represent the companies in the case, without the knowledge of his associates”. In practice, the ex-wife questions the extent to which the businessman’s associates know of the existence of the action, since their signatures (or those of the lawyers appointed by them) are not included in the process.
Goods outside Brazil
In addition, the ex-wife states that, “concerned about the possible frustration of his credit”, she conducted research to locate the manager’s assets abroad. Such investigations would have revealed financial movements and the “constitution of corporate structures outside Brazil”.
It was discovered, for example, the creation of offshore companies and holding companies, “many of which were created after the (2022) asset sharing regulation, involving Saad Junior, his sons Victor and Michel Neto, and Trisul partners Jorge Cury and Roberto Cury.” In this case, Quero Holding LLC, CCS Holding, Lake Mary Capital, CCS Tuscany, CCS Green Vue, among other companies, are mentioned.
Financial movements
Investigations, the petition points out, also identified financial transactions, such as bank transfers from Saad Junior’s son to a law firm, used to set up offshore companies, in addition to bank accounts at Safra National Bank in New York.
For Valéria’s lawyers, the opening of accounts in the name of Saad Junior’s children, as well as the supposed creation of offshore companies after the partition sentence, suggest a possible concealment of assets to avoid the execution of the sentence in Brazil.
Given this information, Valéria asks the Court for measures such as the regularization of the signatures of the current companies and the appointment of an expert to assess the amount of dividends paid by these companies which belong to the ex-wife of Saad Júnior.
Dispute
Renato Vasconcellos de Arruda, the businessman’s lawyer, disputed the information contained in the petition, in an email sent to Metropolises. In the message, he states that Saad Junior “is not the owner or partner of any offshore company abroad and does not have financial assets outside Brazil.”
Arruda adds that, regarding actions in family matters, which are handled in secret, “for ethical reasons you cannot pass on any information.” “Finally, I inform you that within the legal deadline, already granted in the process, the proxies of the companies attached to it will be regularized, a completely common situation in several requests.”
Also viewed by MetropolisesTrisul, in turn, informed that the issues mentioned in the petition “concern exclusively the personal sphere of the shareholder and must be addressed directly with him and his lawyers, having no connection with the company”.
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