Arbitration and COVID-19

Amidst an unprecedented health crisis, and an uncertain economic scenario, the law community faces a great number of challenges to go through these turbulent times and aid clients in the best way possible. Even with the best efforts being made by the Judiciary, there is a concern that not all Brazilian Courts will be able […]

COVID-19 – Capital Markets

Capital markets’ agents will face several challenges to overcome the turbulences brought by the COVID 19 – coronavirus – pandemic. In view of this, the Comissão de Valores Mobiliários (“CVM”) — equivalent to the Securities and Exchange Commission in Brazil — provided a quick response and enacted, in the past few days, several guidelines to […]

Information of Brazilian Capital Abroad – Extension of Deadline

We hereby inform that the Brazilian Central Bank (Bacen), on an extraordinary basis motivated by the Covid-19 pandemic effects, issued on March 24th, 2020 the circular No. 3995, postponing to June 1st, 2020 the deadline for the submission of the Annual Information of Brazilian Capital Abroad (Declaração Anual de Capitais Brasileiros no Exterior – DCBE) […]

Provisional Presidential Decree nº 927/2020 – amended by Provisional Presidential…

Provisional Presidential Decree 927/2020 published on Sunday, March 22nd, 2020, as amended by Provisional Presidential Decree 928/2020 published on March 24th, 2020, establishes labor rules applicable to all employees during the state of public calamity resulting from the COVID-19 pandemic in order to make labor relationships more flexible. The Provisional Presidential Decree is valid for […]

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 […]

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 […]

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 […]

Pre-litigation action as means to prevent disputes in times of crisis

With the lingering economic crisis – pushed by the political crisis, in a certain way -, the business class is dealing with the disruption of the invisible hand of the market, which worries the economists and instigates the jurists to find solutions in order to fulfill the principle of preservation of legal acts, in spite […]

Costa Tavares and Azevedo Sette agree engineering sale

Thursday, 5 January 2017 (1 week ago) by Emilio Demetriou-Jones LATIN LAWYER (Link)​ ​​​ Brazilian firm Costa e Tavares Paes Advogados has helped water utility company Aegea Saneamento e Participações acquire 100% of the capital stock of engineering company Sonel Engenharia. Azevedo Sette Advogados advised the sellers, construction company Construtora Aterpa, in the deal which […]