Privatization in Basic Sanitation – CEDAE Auction
By: Leonardo Neri Last Friday, April 30, the auction for the concession of the Rio de Janeiro State Water and Sewage Company (CEDAE) took place at B3 in São Paulo. This is the largest auction in the sanitation infrastructure sector in the country’s history, with contracts involving approximately R$30 billion in investment in […]
Government publishes new Provisional Measure of a labor nature to confront Covid-19
By: Rafael Mello and Israel Cruz Provisional Measure 1,046 of 2021 (“MP 1046/21”) was published today, April 28, 2021, which provides “for labor measures to address the public health emergency of international importance resulting from the coronavirus (covid-19).” MP 1046/21 is similar to Provisional Measure 927 (MP 927/20), however, it brings some relevant changes in […]
Alternative means of dispute resolution in the new Bankruptcy Law
By: Vitor Antony Ferrari and Ivan Kubala The incentive to use alternative means of conflict resolution for Bankruptcy and Judicial Recovery processes was already present in the Brazilian legal system before Law 14.112/20. As an example, we have Recommendation No. 58/19 of the CNJ, which recommended that judges working in the courts of […]
The New Guarantee Insurance for Large-Scale Works and Services – According to the New Bidding Law
By: Leonardo Neri The president sanctioned the new Law on Public Tenders and Contracts, published with some vetoes, which will be analyzed by the National Congress, and which will replace Law 8.666, in force since 1993, as well as the laws on the Auction and Differentiated Public Contracting Regime (RDC). The new law, among other innovations, expands the […]
Possible data leak of 1.3 million Clubhouse users revealed
By: Leonardo Neri This week, news broke of a leak of data from 1.3 million users of the social network Clubhouse, a platform for exchanging audio messages. The leaked data was allegedly exposed in a database available on the internet. The platform denies having been hacked and claims that the data made available […]
Publication of the Notice for the Concession of BR-163/230/MT/PA
By: Leonardo Neri The National Land Transportation Agency (ANTT) approved the publication of the Notice for the concession of the BR-163/230/MT/PA highway system and the port terminal accesses of Mirituba, Santarenzinho and Itapacurá, with the BR-163/MT highway between the junction with MT-220 in the municipality of Sinop (km 868.6) and the MT/PA border in the municipality […]
Transmission Auction
By: Leonardo Neri The National Electric Energy Agency completed, in January, the first phase of the bidding process for the following lots: LOT 1, composed of the following facilities in the State of Acre and Rondônia: a. LT 230 kV Abunã – Rio Branco, C3; b. SE 230/69 kV Tucumã; c. Sections of LT 230 kV between […]
TUSD and TUST in the MP for the Modernization of the Energy Sector
By: Leonardo Neri Provisional Measure 998/2020, converted into Law (Law 14,120/2021) in March, presented the proposal to eliminate subsidies for renewable electricity production in 2021, since the tax amounts (transmission and distribution tariff, TUST and TUSD, respectively), not charged to those who have distributed generation (GD) […]
Presidential Vetoes rejected by the National Congress are promulgated by the President of the Republic and correctly published on 03/30/2021
By: Vitor Antony Ferrari and Ivan Kubala The National Congress in Session on March 17, 2021 rejected 12 of the 14 presidential vetoes in the text of Law 14,112/2020, which amended the provisions of the Bankruptcy and Judicial Reorganization Law. On February 26, 2021, we commented that Congress would analyze such vetoes, and that their failure to analyze them would result in the suspension […]
SPACs (or Blank Check IPO)
By: André Jerusalmy and Fernanda Lazzarini Recently, a new type of investment has gained relevance in the United States. Known by the acronym SPAC (Special Purpose Acquisition Company), this type is aimed at companies that are still in the process of listing their shares on the Stock Exchange through […]