Category: LexLive

Brazil: Emergency and Temporary Legal System – Law No. 14.010/20

July 2020 – Brazil – Rossetti Advogados Law No. 14.010/20 was published on June 10, 2020 to establish the Emergency and Temporary Legal System (“RJET”) of legal relationships governed by private law for the duration of the covid-19 pandemics. Such Law amends various rules, including the Civil Code, the Consumer Protection Code, the General Personal Data Protection Law and the Lease Law.  The idea

He Attorney General of Israel Recognized the Existence of an Excessive Pricing Cause of Action against Monopolies, but Recommended that it be Used Following Careful Consideration

June, 2020 – Israel – Granot-Speiser On June 8th, 2020, the Office of the Attorney General of the State of Israel (the “Attorney General“) submitted its position on the existence of cause of action when monopolies charge high unfair prices for goods, and its application in Israel. The issue arose in a motion to certify a class-action against the

BRAZIL: Open Banking Implementation in Brazil

June 2020 – Brazil – Rossetti Advogados The Central Bank of Brazil (“Bacen”) and the National Monetary Council (“CMN”) jointly enacted Joint Resolution No. 01, of May 4, 2020 (“Joint Resolution”), setting forth the basic rules for implementation of the Open Financial System (“SFA”) or, as known, the “Open Banking” model in the National Financial System.  The

BRAZIL :Virtual Partners Meeting

May 2020 – Brazil – Rossetti Advogados Due to the adversities caused by the Covid-19 pandemic, the Corporate and Integration Registration Department (DREI) published, on April 14, 2020, Normative Instruction No. 79 (“DREI Instruction No. 79”), which sets forth the rules for remote participation and voting in meetings of closely-held corporations, limited-liability companies and cooperatives,