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TRF-2 sets aside penalty of forfeiture in case of detour during customs transit
The penalty of forfeiture of property is one of the most severe and extreme penalties contained in Brazilian law. Despite its confiscatory nature, the Federal Supreme Court (STF) has already abstractly recognized its validity and compliance with the current Federal Constitution (RE 251.008-AgR/DF, Opinion drafted by Justice Cezar Peluso, First Panel, published in the Official Gazette of the Judiciary on June 16, 2006).
Crisis scenario in Latin America may favor investments in Brazil
Latin America is going through a turbulent and uncertain time, reflecting the current scenario of economic and political crises in various countries in the region, such as Chile, Bolivia, Mexico, Argentina, and, in recent days, Colombia. Although all these countries are experiencing internal difficulties from a macroeconomic point of view, there are various causes and circumstances that have contributed to the current environment, affecting liberal or leftist governments.
CVM receives suggestions on reducing minimum shareholding to bring actions against officers and directors and controlling shareholders
Today is the last day of the deadline for submitting suggestions at the public hearing of the Brazilian Securities and Exchange Commission (CVM) regarding changes in the minimum percentages of equity participation for a shareholder of a corporation to file a lawsuit against the officers and directors[1] and the parent company[2] without the provision of collateral.
Labor impacts of the conversion into law of the Economic Freedom MP
Law No. 13,874/19, enacted on September 20 after the conversion into law of the Economic Freedom Executive Order (MP 881/19), amended various points of labor legislation with the main objective of reducing bureaucracy in the procedures to be followed by employers.
Leaving Brazil: Procedures and Risks to Observe
A growing number of Brazilians have opted to live abroad in recent years. The reasons for this choice are manifold: while in previous decades they were linked to employability and formation of equity, today they are more related to quality of life, economic stability, and security.
Cetesb publishes new rule on reverse logistics
Cetesb (São Paulo State Environmental Company) approved new procedures for the incorporation of reverse logistics in the state environmental licensing process, by means of the Board Decision (DD) No. 114/2019/P/C, published on October 25th of this year. The rules enter into effect in November, 30 calendar days after the date of publication.
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