Weil, Gotshal & Manges LLP
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MCI, Inc.

Sale of Embratel Participações S.A by MCI, Inc. (WorldCom, Inc.)


Weil advised MCI, a leading global communications provider, in the sale of a controlling interest in Embratel Participações to Teléfonos de México (TELMEX) for $400 million in cash.  Embratel is the principal long distance telecommunications provider in Brazil.  The transaction involved extensive US and Brazilian corporate, bankruptcy, litigation and regulatory law considerations.

   
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