Mandatory Communication with the CVM on corporate demands by publicly traded and foreign companies
By: André Jerusalmy On May 13, 2022, the Superintendence of Corporate Relations (SEP) of the Brazilian Securities and Exchange Commission (CVM) released Circular Letter CVM/SEP 3/2022 (“Letter”), with guidelines on the indispensability of communicating to the CVM regarding corporate lawsuits in which the issuer, shareholders or administrators appear as parties and which contemplate the characteristics […]
Guarantor Partner and Exemption from Guarantee in Lease Agreement
By: Vitor Antony Ferrari, Ivan Kubala The guarantor partner who has withdrawn from the guaranteed business partnership must be careful when releasing the guarantee provided in a lease agreement. It is very common that in a lease agreement signed by business partnerships, one of the partners offers a surety as a guarantee, so that they are responsible for any debts of the […]
Have You Heard of Plural Vote?
By: André Jerusalmy On August 26, 2021, Law No. 14,195/2021 was published, which brought several changes to corporate legislation with the aim of making the national market more competitive from a regulatory point of view. One of the most innovative issues was the institution of plural voting in public limited companies. […]