Costa Tavares Paes Advogados announces new partners

Sao Paulo, July 31st, 2018 – Costa Tavares Paes Advogados announces the expansion of its Labor Department with the arrival of Cristina Buchignani. The firm also announces the promotion of Mariana Paranhos Malhães da Silva Lemos to partner. New partner Cristina Buchignani is recognized in the areas of individual and collective Labor and Social Security […]

Role of Technology in 2018 and the First Brazilian “Unicorn”

A report published by KPMG indicated that internet and information technology were the leading economic sectors of M&A transactions by volume in 2017, representing approximately 23% of all the M&A transactions in Brazil. Internet companies were targets in 104 transactions, while entities belonging to the IT industry were parties to 88 deals in 2017. Those sectors surpassed traditional industries in Brazil such as food, beverage and oil & gas.

Dispute resolution framework

I INTRODUCTION TO DISPUTE RESOLUTION FRAMEWORK In Brazil, the inspiration from Europe and the prestige of the 19th century’s constitutionalist theories have developed into the codification of law, providing for general principles and rules. The Brazilian legal system follows the tradition of civil law, and has also been impacted by a common law influence, with […]

Fosun suscribe acuerdo para comprar 70% de Guide Investimentos

La multinacional china Fosun International Limited y Banco Indusval S.A., de Brasil, suscribieron un acuerdo de compraventa que le permitirá al primero adquirir 70% de la participación de la entidad financiera en Guide Investimentos S.A. – Corretora de Valores, por un monto de BRL 290 millones (USD 87.490.400 al 1 de abril). La firma del […]

China’s Fosun buys into Brazilian wealth manager

Laura Mendes | Latin Lawyer |  20 March 2018 Paul Hastings LLP in São Paulo and Shanghai and Costa e Tavares Paes Advogados in São Paulo have advised China’s largest privately-owned conglomerate on its acquisition of a stake in Brazilian wealth manager and institutional brokerage, Guide Investimentos for up to US$88 million. Fosun Group bought […]

Companies – Annual Approval of the Accounts

In accordance with the Brazilian corporate law, an annual partners meeting shall be held within four months following the end of the fiscal year with the following main purposes: (i) approval of the management accounts; (ii) discussion and approval of the balance sheet and the financial statement; and (iii) designation of the members of the […]

Arbitration in civil construction

Data released from the biggest arbitration chambers show that civil construction and infrastructure are among the main themes discussed in arbitration procedures. In the Business Arbitration Chamber – Brazil (Camarb), for instance, at least 40% of the demands it manages are related to civil construction and energy.

Family law: arbitration can have an important role in succession and family matters

Brazilian laws – specifically article 852 of the Civil Code – do not accept the arbitration clause as means to solve conflicts when personal matters of family law which are not exclusively related to wealth are involved. However, this limitation itself can no longer completely exclude arbitration, which continues to expand in all areas of […]

Judicialization of arbitration

Even with the arbitration clause, the parties may seek the Judiciary in specific circumstances. The choice of the arbitration institute as means to solve controversies has increased over the last few years and it is currently used in various areas – from civil construction to services related to technology of information – and by various […]

Choices that make the difference

The success in arbitration and the better enjoyment of the advantages arbitration may offer are directly related to the strategies and procedural choices made by the parties of an agreement and/or litigation. The first step essential to succeed in an arbitration procedure is certainly the negotiation of the arbitration clause (for further details, please refer […]