The Chamber of Deputies recently approved Complementary Bill (PLP) 108/2024, a crucial milestone in the regulation of tax reform. This bill, which will now go to the Senate, establishes guidelines for the management and monitoring of the Tax on Goods and Services (IBS), which will replace the Tax on Circulation of Goods and Services (ICMS) (state) and the […]
Enforcement against Partners of Companies in Judicial Recovery: An Analysis Before Labor Courts
Recently, the Superior Labor Court (TST) ruled on the possibility of redirecting the execution against partners of companies under judicial recovery to settle credits arising from labor claims. This decision is an important milestone in labor law. Naturally, this is a controversial issue, with differences of understanding arising from the constant conflicts between labor law and […]
Case law analysis of credits subject to judicial recovery of rural producers.
Case law allows rural producers to include debts prior to formal registration in the judicial recovery process, as long as they are linked to the business activity. This provides greater legal certainty and facilitates the continuity of activities in agribusiness, which is vital for the national economy in times of crisis.
Implications of the Removal of the Administrator in Judicial Recovery
The removal of the administrator of a company undergoing judicial recovery may occur in cases of misconduct, such as fraud or embezzlement of assets, to protect creditors and ensure transparent management. This measure aims to strengthen the confidence of creditors and investors, contributing positively to the recovery process.
One of the Largest Food and Beverage Companies: Litigation Management and Implementation of Compliance and LGPD with Full Legal Support
We support one of the largest companies in the Food and Beverage Sector in Brazil in managing its civil litigation portfolio and implementing its compliance and LGPD program, ensuring asset protection and compliance with data protection legislation. This partnership highlights our ability to provide comprehensive legal support and […]
Financial Restructuring
Judicial Recovery or Bankruptcy of Banking Institutions?
By Vitor Antony Ferrari and Ivan Kubala* With the recent bank failures of Silicon Valley Bank (SVB), in California, and Signature Bank, in New York, both in March of this year, there was much speculation about a possible new global banking crisis, similar to that of 2008. These rumors reached Brazil, which, together with the rise in […]
The role of judicial administrators in the Conversion of RJ into Bankruptcy
By Vitor Antony Ferrari The Judicial Administrator plays a fundamental role in the process of converting a judicial recovery into bankruptcy. The conversion occurs when the company in the process of judicial recovery is unable to comply with the recovery plan or the conditions established by law, which leads to the conversion of the recovery process into a […]
What is transnational insolvency and how is it regulated
By Vitor Antony Ferrari and Ivan Kubala* It is very common for large companies to have headquarters and assets in several countries, marketing their products and services all over the world. However, the internationalization of companies became a problem when, hit by financial crises, they filed for bankruptcy or judicial recovery. The big question was what […]
Petrópolis Group: judicial recovery diary
By Vitor Antony Ferrari, Ivan Kubala and Nicoly Crepaldi Minchuerri* As was widely reported by both the specialized press and the mass media, Grupo Petrópolis, a beer group responsible for producing labels such as “Itaipava”, “Petra” and “Lokal”, filed a request for judicial recovery with the Business Court of the city of Rio de Janeiro […]