Rossi Judicial Recovery
Rossi Residencial, together with over 300 companies that are part of its economic group, filed a request for judicial recovery yesterday, September 19, before the 1st Bankruptcy and Judicial Recovery Court of the District of the Capital of the State of São Paulo. The company, which is part of the Rossi Group, founded in 1953, has accumulated debts […]
Conecta AASP Newsletter – 2nd Half of September 2022/ #3157
Our tax partner participated in the AASP Bulletin in the following article: Porto Alegre Tests Tax Mediation. Through Law No. 33/2021, the city of Porto Alegre is testing its first pilot tax mediation project. The Tax Mediation and Conciliation Chamber is linked to the Municipal Finance Department and the Attorney General's Office […]
Extinction of the Bankrupt's Obligations
By: Vitor Ferrari and Ivan Kubala According to Law 11.101/05, an individual entrepreneur is bankrupt when he/she carries out business without the proper separation of assets, the unlimited liability partner and the business corporation as a whole, that is, the company. With bankruptcy declared, the debtor becomes responsible for a series of obligations, […]
Rio de Janeiro State Government regularizes secretariat after hacker invasion
By: Leonardo Neri, Rio de Janeiro City Hall's database suffered a serious attack by cybercriminals in mid-August. Authorities reported the downtime of websites across all sectors, from finance to healthcare. Given the severity of the incident, access was only restored […]
Substantial Consolidation: What is it and when to use it?
By: Vitor Ferrari and Ivan Kubala Originating from the American jurisprudential system, Substantial Consolidation is a mechanism for resolving insolvencies of business groups through the unification of their debts and creditors. Its objective is to unify the assets and liabilities of companies in an economic group so that all companies in the group […]
PL 815/22: New possibilities for cooperatives
By: Vitor Ferrari and Ivan Kubala On April 4, 2022, federal deputy Hugo Leal (PSD/RJ) presented Bill No. 815/2022, which regulates the reorganization of cooperative societies, amending provisions of Law No. 5,764/71. On May 18, 2022, the Bill was referred to the Committee on Economic Development, Industry, Commerce and Services […]
Debt of a company incorporated by a company undergoing recovery is subject to universal judgment
By: Vitor Ferrari and Ivan Kubala In the judgment of Special Appeal No. 1,972,038 – RS, the 3rd Panel of Ministers of the Superior Court of Justice understood that the debts belonging to the company Oi Internet, incorporated by the company Oi Móvel, must be subject to the incorporating company’s judicial recovery plan. The understanding of the judges was unanimous […]
Uber Case – Repercussion of the M&A operation
By: Leonardo Neri Some time ago, the Uber case became known for how the impact of Privacy & Data Protection can directly impact a massive mergers and acquisitions (M&A) transaction. Uber had been valued at $70 billion in the market at the time. And SoftBank wanted to acquire it. However, […]
Reference Form Version 2023 Available
By: André Jerusalmy The Brazilian Securities and Exchange Commission (“CVM”), through its Corporate Relations Supervision Office (“SEP”), published Circular Letter CVM/SEP 4/2022 to inform publicly traded and foreign companies about the ongoing migration process for the registration and reference forms used in the Empresas.Net system to the web platform. From […]
ITR World Tax Recognition
Mazzucco & Mello Advogados was recognized as one of the leading law firms in the country by ITR World Tax in the categories: General Corporate Tax, Tax Controversy and Indirect Tax.