Publications
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.
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.
Interpretation of the law brings legal uncertainty to arbitration agreements and represents a step back from the settled case-law.
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.
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.
Working together to promote ESG practices, companies and the third sector can increase both parties' value and accelerate progress in the environmental, social, and governance front.
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