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In a judgment of March 21, 2023, the Superior Court of Justice (“ STJ ”) decided that it was not mandatory to publish financial statements for limited liability companies classified as large, in a discussion that had dragged on for more than 15 years and created serious obstacles to large limited liability companies. MORE

On March 21, nearly 10 South American members gathered during the IBA’s Latam Forum Conference in Cartagena, Colombia. MORE

Brazilian member, Cascione Advogados was ranked Band 2 in the 2023 edition of Chambers & Partners FinTech Guide.

Our Environmental Law partner Rafael Fernando Feldmann and lawyer Camila Figueiredo prepared the article published in Valor Econômico on Bill 528/2021, which aims to create the Brazilian carbon market. MORE

Last Wednesday, September 21, 2022, Federal Law No 14,451/2022, which amended articles 1,061 and 1,076 of the Civil Code and established the following new quorums for deliberations by members of limited liability companies. MORE

Among the provisions of the Resolution, new rules were determined for the composition and functioning of the boards of directors of publicly held companies. MORE

The New SAC Decree is the result of technological evolution, change of profile and consumer habits, best market practices regarding service, and seeks more effectiveness in resolving demands raised by consumers. MORE

Recent positions of the Court of Justice of São Paulo (“TJSP”) and the Brazilian Securities and Exchange Commission (“CVM”) have pointed to the overcoming of the thesis of formal conflict of interests in relation to the exercise of the right to vote by a controlling shareholder, privileging the thesis of material conflict, as detailed here. MORE

In a recent decision of the 1st Chamber of Business Law of the Court of Justice of São Paulo, the judges granted urgent protection to force a competing company to change its corporate name and prevent the use of a corporate name in the exercise of its activity, because they believe that the protection of the corporate name established by the Civil Code would extend to the entire Brazilian territory. MORE

Tax experts Rafael Vega and Gabriel Baccarini collaborated with Valor Econômico on the impact on cash that companies will have if the rapporteur’s vote prevails in the judgment on the difference in ICMS rates (Difal), which must close on Friday. MORE