Registration with the Commercial Board and the rural producer's eligibility for judicial recovery
The Superior Court of Justice (STJ) ruled in Topic 1145 that rural producers may file for judicial recovery even if they have recently registered with the Board of Trade, as long as they prove that they have been operating for at least two years. This decision expands access to the benefit, allowing the time of operation prior to registration to be considered. If you are a rural producer and are facing difficulties, judicial recovery may be the solution to restructure your debts and maintain your production!
Client Defense in Disputes with Partners
Acting in a contentious corporate case, in which the Client currently has disagreements in relation to the other partners of the transport company, which includes an administrative process before JUCESP and a contentious situation with other partners of the Company, making it necessary to adopt administrative and, if necessary, judicial measures, in order to reestablish its condition […]
Defense in Early Production of Evidence on Software and IP
Acting in defense of a client in an action for early production of evidence in the technology sector, in which the Plaintiffs requested an expert report to verify the functioning of a software product in accordance with the contract. They allegedly claimed that the product would increase the company’s revenue, but ignored that the negotiation also involved the transfer of intellectual property. The defense […]
BC and CVM facilitate foreign investments in the country's financial and capital markets
The CVM and the BCB published Joint Resolution No. 13 on 12/03/2024, which revokes CMN Resolution 4373 and simplifies the rules for foreign investments in the financial and securities markets. The rule aims to attract more investors, reduce costs and improve the business environment in Brazil.
The changes include the simplification of procedures, expansion of assets to back DRs, facilitation of investments via specific accounts, extension of the document retention period and adoption of risk-based criteria. The new regulations, the result of public consultation, come into effect on January 1, 2025.
New CVM Standard for regulating Fiagro
As of the publication of the new CVM Resolution No. 214, of September 30, 2024, by the Securities and Exchange Commission – CVM, investment funds for agribusiness production chains – Fiagro, will become part of the regulatory framework for investment funds in the country.
Among the main changes brought about by the rule are (i) subsidiary application of other CVM normative annexes; (ii) definition of the strategic policy and management of the invested company; (iii) possibility of trading carbon credits from agribusiness; (iv) investment by the Fiagro classes in “any real rights over rural properties”, among others.
CVM Resolution 214 comes into effect on March 3, 2025. Existing Fiagros will have until June 30, 2025 to adapt to the new resolution.
B3 public consultation with proposals for changes to the Novo Mercado rules
B3 has made available to the general public of investors a public consultation to collect contributions to change the rules of the Novo Mercado, a listing segment for companies voluntarily committed to complying with more rigorous corporate governance practices than those required by current legislation.
After analyzing the contributions sent by the public, B3 will announce the restricted hearing, so that the companies listed in the segment can vote on the final proposal, which will also be subject to approval by CVM.
Suggestions and comments can be sent until 11/11/2024 to B3's email sre@b3.com.br.
