Author: CTP Advogados
Program Against Unemployment – COVID-19: Labor Law Measures
Among the measures announced by the Brazilian Federal Government in the afternoon of March 18th, 2020 is the deferral for a three-month period of the obligation by the employer to pay amounts in connection with both the Guarantee Fund for Length of Service (FGTS), and the Simplified Taxation System (Simples Nacional), with the goal of […]
Covid-19
Dear Clients, Business Associates and Friends, In order to collaborate with the prevention measures against the spreading of the Covid-19 virus, while at the same time both preserving the health and safety of our community and continuing to provide our clients with the services they need, we inform below the additional measures taken by our […]
ICLG – International Arbitration: a practical cross-border insight into internatio…
1. Arbitration Agreements 1.1 What, if any, are the legal requirements of an arbitration agreement under the laws of your jurisdiction? The Brazilian Arbitration Law (Federal Law No. 9.307/1996 – “BAL”) distinguishes two different types of arbitration agreement depending on whether the dispute has already arisen or not: the submission agreement and the arbitration clause. […]
Brazilian General Data Protection Law (LGPD)
On July 09, 2019, Law 13.853/2019 was published in the Brazilian Official Gazette. Such Law was enacted as a result of the ratification of the Provisional Measure (Medida Provisória) 869/2018, which amended Law 13.709/2018 referred to as the Brazilian Data Protection Law (“LGPD”). Law 13.853/2019 has removed some provisions set forth in the original version […]
Annual census of foreign capital in brazil
Statement must be submitted until August 15th, 2019, 6 p.m. The Brazilian Central Bank (“BACEN”), through its Circular No. 3795 published on June 16, 2016, prescribes procedures and time limits for the provision of information through the Annual and Five-Year Period Census of Foreign Capitals in Brazil (“Statement”) and made mandatory the provision of information […]
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 […]
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