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Auction for reserve power contract divestment, one more step towards realism
"The Brazilian electrical power sector was designed with a model for a developing country.
Limitation on the number of trade union leaders with provisional stability
Both the Federal Constitution (article 8, item VIII) and the Consolidated Labor Laws - CLT (article 543, paragraph 3) grant protection to employees who are union leaders through the benefit of provisional stability, from the time of the employee’s candidacy until one year after the end of employee’s term of office.
Competition compliance programs: advances and challenges
Competition compliance programs are part of the risk management systems of companies that are concerned with possible financial losses resulting from any noncompliance with the Competition Law (Law No. 12529/ 2011), such as fines imposed by the Administrative Council for Economic Defense (Cade), devaluation of shares, termination of contracts, and possible civil, administrative, and criminal liability of the company’s directors and officers.
What changes will the Labor Reform bring?
After approximately 2 months and 178 amendment requests, the Brazilian Senate approved the labor reform bill of law last Tuesday (07/11/2017) without any change to the original text submitted by the House of Representatives. There were 50 votes in favor, 26 in opposition, and 1 abstention. As there
Law No. 13,448/2017: procedure of re-bidding for public service concessions
Law No. 13,448 (conversion of Provisional Presidential Decree No. 752 or "Concessions MP") governs re-bidding projects operated through concession in the toll road, railroads and airport sectors.
Conversion of MP 752 confirms possibility of early extension of railroads and toll road concessions
The law applies only to the toll-road, airport, and railway sectors, and extension is geared towards toll roads and railroads. The exclusion of other industries was not accidental. The government has chosen to have a separate approach for sectors with different realities and levels of maturity.
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