Injunction ensures the distributor the right to update the ICMS-ST subject to reimbursement.
On August 9, a decision was issued by the 2nd Public Finance Division of the Court of Justice of the State of São Paulo, recognizing the right of a company in the distribution sector to be reimbursed for the ICMS-ST paid in excess, with the due updating of the amounts recovered by the Selic Rate, from the moment of disbursement to […]
M&A and Judicial Recovery
By: Vitor Ferrari and Ivan Kubala The M&A market is booming, and in judicial reorganization, there are business opportunities with attractive values that guarantee greater security for those interested in acquiring shares or assets of a specific company or economic group. This is because […]
Mazzucco&Mello announces that it is organizing a Pool of Creditors to act in the Judicial Recovery of [Rossi].
According to partner Vitor Ferrari, responsible for the debt restructuring area of the firm, given the number and volume of creditors and dispersed credits that involve the recently distributed Judicial Recovery of Rossi Residencial, it is essential that creditors organize themselves so that there is a real appreciation and representation of each […]
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 […]