Earlier today, March 27, the president of the Brazilian Central Bank announced an emergency line of credit of 40 billion reais, to assist small and medium size companies with annual invoicing ranging from 360,000 reais to 10,000,000 reais. This measure is issued with the specific purpose of paying the salaries of the employees of these […]
In compliance with human dignity and the right to access fuel and gas supply, the State of Rio de Janeiro has enacted special Decree n° 47.002/2020 authorizing the maintenance of O&G industry onshore activities during the state of public calamity in the State of Rio de Janeiro. Note that despite this authorization, any public gathering to perform […]
On March 23, 2020, the Provisional Measure (PM). No. 928, was enacted in the Official Gazette. The PM amends the Federal Law No. 13979 published on February 6, 2020, which provides for measures to deal with the public health emergency resulting from the calamity caused by the coronavirus. (Covid-19) According to MP 928, as long […]
By Marcia Calafate and Marcel Nunes, partner and associate of the International Trade, Commercial Contracts, Mergers & Acquisitions, Real Estate groups of Trench Rossi Watanabe, respectively During the compliance period with the security measures determined by the Brazilian authorities to contain Covid-19, it is possible that contracting parties experience unexpected and unprecedented situations, such as […]
By Monica Cavalcanti and Bruno Dreifus, partner and associate of Mergers & Acquisitions and Corporate group of Trench Rossi Watanabe, respectively Where previously the talks of the day were expanded local market opportunities, positive economic measures and reforms, and a potential for a relevant positive growth in the Brazilian economy, the growing, and still uncertain, […]
By Renata Amaral and Alexandre Jabra, partner and associate of Environment and Climate Change group of Trench Rossi Watanabe, respectively Non-compliance with environmental obligations In case of unfeasibility to comply with environmental obligations, such as those established in the technical requirements for environmental licenses or those in consent agreements (e.g., submittal of reports, implementation of […]
By João Augusto Gameiro, partner of the Penal group of Trench Rossi Watanabe On February 26, 2020, the Brazilian Ministry of Health confirmed the first case of the disease caused by the new coronavirus (Covid-19) in Brazil. Only a few weeks later, cases of community transmission were registered. Since then, the Brazilian authorities have become […]
By Marcia Calafate and Marcel Nunes, partner and associate of International Trade, Commercial Contracts, Mergers & Acquisitions, Real Estate group of Trench Rossi Watanabe, respectively From a legal standpoint, the coronavirus epidemic has a direct impact on commercial relations, especially those comprising the delivery of a product or of a service, such as purchase and […]
By Paulo Casagrande and Mariana Rosa, partner and associate of Antitrust group of Trench Rossi Watanabe , respectively The Brazilian authorities have started to take containment measures amid the rise of Covid-19 cases locally and the continued worsening of the situation in the country and abroad. Accordingly, the Administrative Council for Economic Defense (CADE – […]
