Bimonthly LexPress

BNDES ANNOUNCES NEW OPERATIONAL POLICY AND FINANCING CONDITIONS

In early 2017, BNDES announced new operational policies that will govern financing granted by the bank. This announcement followed a review process looking at BNDES’s manner of operational practices, which began in September of 2016, when the conditions for financing for infrastructure projects were announced.

THE 40TH ANNIVERSARY OF THE BRAZILIAN CORPORATIONS LAW

On December 15, 2016, the Brazilian Corporations Law turned 40. Conceived in a political and economic climate quite different from what we live in today, under the military regime and in the midst of an oil crisis that caused the decline of the Brazilian economy "economic miracle”, the Law was considered avant-garde for the time...

Remote voting regulated

On April 7, 2015, the Brazilian Securities Commission ﴾CVM﴿ issued Ruling No. 561, in order to standardize the shareholder’s remote participation and voting in general meetings of listed companies, and register their attendance in such meetings.

New opportunities in the Federal Infrastructure sector

On April 7, 2015, the Brazilian Securities Commission ﴾CVM﴿ issued Ruling No. 561, in order to standardize the shareholder’s remote participation and voting in general meetings of listed companies, and register their attendance in such meetings.

CVM RESOLUTION NO. 734/2015 PUTS AN END TO THE DISCUSSIONS ABOUT THE CLASSIFICATION OF CONDO-HOTELS AS A SECURITY, by Ivana Coelho Bomfim

CVM Resolution No. 734/2015, published on March 19, has put an end to the discussion of whether or not a public offer of independent units, property fractions or quotas of special partnerships of hotel enterprises, linked to the receipt of consideration based on the successful management of the enterprise, would be a security.

PROGNOSIS AND PROSPECTS FOR SOLID WASTE MANAGEMENT SERVICES IN BRAZIL, by Mauro Bardawil Penteado e Letícia Oliveira Lins de Alencar

By establishing the National Solid Waste Policy, Law No. 12,305/2010 has brought undeniable progress to the legal treatment applicable to solid waste management services. Although Law No. 11,445/2007 had already laid down some general guidelines for the provision of basic sanitation services, including solid waste management, as well as cer

ANTT ISSUES REGULATION FOR INDEPENDENT RAILROAD OPERATORS, by Mauro Bardawil Penteado e Letícia Oliveira Lins de Alencar

By establishing the National Solid Waste Policy, Law No. 12,305/2010 has brought undeniable progress to the legal treatment applicable to solid waste management services. Although Law No. 11,445/2007 had already laid down some general guidelines for the provision of basic sanitation services, including solid waste management, as well as cer

2014: A SURPRISING YEAR FOR MERGERS AND ACQUISITIONS, by Arthur B. Penteado and Vinicius Bernardes

The inventors’ perception for what will occur in the country and in the world is significantly reflected in the mergers and acquisitions market. When the outlook is positive and trends are of greater stability and security for those involved, the conclusion of a greater number of M&A transactions may be expected, especially if such a scenario is accompanied by good economic grounds.

CHALLENGES CONCERNING SÃO PAULO´S NEW URBAN MASTER PLAN, by Maria Flavia Seabra Gemperli and Marina Rosa Cavalli

São Paulo’s new Urban Master Plan may impose significant changes upon the city and its residents, especially from 2016. This is because the development, project approval, construction and final delivery shall take at least two years. The question that arises is whether or not the city will possess the developments in urban infrastructure necessary and compatible with modernity and the goals of the new Urban Master Plan

BRAZILIAN NATIONAL DEFENCE: NEW REGULATION AIMS AT BRINGING INVESTMENTS TO THE SEGMENT, by Fabio Falkenburger and Lucas Scaff

São Paulo’s new Urban Master Plan may impose significant changes upon the city and its residents, especially from 2016. This is because the development, project approval, construction and final delivery shall take at least two years. The question that arises is whether or not the city will possess the developments in urban infrastructure necessary and compatible with modernity and the goals of the new Urban Master Plan