The court-supervised reorganization of corporations introduced by the Brazilian Reorganization and Bankruptcy Law (LRF) arose in order to lower credit risk and achieve greater reductions in interests accrued on financial loans. However, little has been said about the fact that the LRF has introduced several capital market protection mechanisms, which is discussed in this article.
The market for pharmaceutical products and medical devices in Brazil is definitely taking off. The Brazilian Public Health System (SUS) is continually increasing pharmaceutical assistance, as new drugs become available, as a result of the development of new public health policies. Read this chapter on Brazil to learn more.
A review of the recent interest and penalties amnesty related to the Brazilian state sales tax on companies importing goods. Includes discussion of how companies can reduce outstanding liabilities and resolve pending litigation.
This resource is a global practice guide prepared by the Lex Mundi Agribusiness Practice Group covering the restrictions and incentives on the acquisition and ownership of interests in farmland.
A review of changes to Brazilian laws related to social security contributions. In some economic sectors, Brazilian law reduce social security contribution requirements to encourage growth.
The Anti-Corruption Law entered into force in Brazil last month. Under the new law, parent companies, subsidiaries, other affiliates and consortiums are jointly and severally liable for payment of fines and indemnification of damages resulting from unlawful acts. Read this article for further discussion of the main matters covered by the new law. This article is also available in Portuguese:
<p><a href=" http://www.acc.com/legalresources/resource.cfm?show=1359561">The Brazilian Anti-Corruption Law Comes Into Effect (Portuguese)</a></p>
The Anti-Corruption Law entered into force in Brazil last month. Under the new law, parent companies, subsidiaries, other affiliates and consortiums are jointly and severally liable for payment of fines and indemnification of damages resulting from unlawful acts. Read this article for further discussion of the main matters covered by the new law.
A brief discussion of how improvements in mining and agriculture law affect the Brazilian financial services industry.