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CVM's technical area rejects the possibility of negative voting in the election of Vale's board of directors
By allowing one candidate to be elected even if receiving fewer favorable votes than another, the system could generate distortions and distort the will of shareholders.
New judgment by the Superior Court of Justice deals with the subjective criteria for piercing the corporate veil
According to the Superior Court of Justice's understanding, not all partners should be affected by the application of the piercing of the corporate veil. Nonetheless, those who were part of the management during the practice of fraudulent acts tend to be seen as benefiting from the wrongdoing and, thus, can be reached by the application of the institute.
ESG and project financing
The incorporation of environmental, social, and governance aspects in a project's financing structure can leverage investors' interest in assets with ESG characteristics and a differentiated financial return.
Rio de Janeiro Court of Justice ruled in favor of the disregard of the arbitration agreement because one of the contracting parties had its bankruptcy declared
Interpretation of the law brings legal uncertainty to arbitration agreements and represents a step back from the settled case-law.
Will infrastructure projects be impacted by the new Judicial Recovery Act?
The market shows concern with the requirements for applying the substantive consolidation concept since the project finance structures may have similarities with the conditions specified in the new law.
Carf's balance sheet in 2020 and prospects for 2021
Taxpayers' expectations revolve around the resumption of the debate on the agency's internal regulations and the modernization of the system used for monitoring the administrative processes.
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