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 – […]
By Heloisa Uelze, Felipe Ferenzini, partners of the Trench Rossi Watanabe Compliance group With the declaration of a Covid-19 pandemic by the World Health Organization (“WHO”), governments in several countries have created laws and regulations that provide measures to deal with the new pandemic. In Brazil, rules have already been published (and new ones should […]
The Brazilian Federal Environmental Protection Agency (IBAMA) published Normative Instruction No. 12, on 26 March 2020, establishing that the deadline to file the Annual Activities Report (RAPP), which is an obligation related to the Federal Registry of Potentially Pollutant Activities that Use Natural Resources (CTF/APP), for the year of 2019, has been extended. The new […]
Due to COVID-19 pandemic, the Brazilian Central Bank decided to postpone the submission deadline for Brazilian Statement of Foreign Assets (the so called “DCBE”), according to Circular 3,995 of 2020. The annual statement, which provides the position of foreign assets as of 12/31/2019, had its deadline extended to 6/1/2020 and the quarterly declaration, which provides […]
The Infrastructure and Environment Protection Office of the State of São Paulo – SIMA published Resolution SIMA No. 24/2020 on March 24, 2020. It consolidates some provisions of Resolution SMA No. 51/2016, which regulates the conversion of fines program. The updates aim at addressing provisions established on Section IV of State Decree No. 64,456/2019, which […]
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