As the sale neared completion in 2025, PremiumCorp issued an extrajudicial notice to Patria, addressed to Rodrigo Abbud, Laurival Neto and João Grecco. Ten days later, Augusto Martins — then a Patria executive closely involved in the process — claimed to be unaware of any PremiumCorp proposal, despite having been copied on multiple emails. The deal closed just 27 days after the notice. 

Although Heylmann and Amaral ultimately acquired the office units, the purchase was not made via Avalon but through Rochevara & Brooks Participações Ltda., a company incorporated shortly before the contract signing. 

PremiumCorp bases its claim on Articles 722, 725 and 727 of Brazil’s Civil Code, which ensure a broker’s right to commission whenever a deal is concluded as a result of its efforts, even if the broker is later dismissed. The firm argues that the creation of a new purchasing entity was an intentional move to cut it out of the transaction. 

The petition further cites Articles 187, 422 and 844 of the Civil Code, accusing the parties of bad faith, abuse of rights, breach of good faith, and unjust enrichment. 

In a statement to REsource, PremiumCorp, represented by Bitelli Advogados, said: 

“The sequence of events has been surprising. We expect the fund’s management and administrators to take responsibility and seek a consensual resolution.” 

After the article was published, Patria stated:

“Patria Investimentos clarifies that all information regarding commercial transactions of the funds under its management is, when pertinent, disclosed through its official channels. The firm emphasizes, however, that its conduct — including with respect to any inquiries involving commissions related to real estate transactions — is guided by legality and by the goal of serving the best interests of its shareholders.”