It is not surprising, therefore, that judicial rebuttings appear alleging that
the companies were deceived in the formulation of the contracts, although their
fi nance departments have also been negligent in the identifi cation of the assumed
risks, when they increasingly ventured in “unknown” fi nancial operations. That
tends to result in agreements, lessening the profi ts and losses of both parties.
Thus, the agreements become a favorable option, since the banks are facing the
threat of not receiving the due values, and the companies often need loans and
refi nancings from the banks, even for their productive activities, which drives
them to try to avoid the default and, consequently, a confl icting situation, which
could jeopardize their image in the attempt to obtain new resources (Carvalho &
Ignacio, 2008b). Obviously, it will take time so that all of the legal procedures are
complied with and the lawsuits are judged in all of the possible instances.