February 2023 – Rossetti Advogados The new legal framework for the Brazilian exchange market took effect last December 31, 2002. It was established by Law 14.286 of 2021, which changed the rules for currency transactions in Brazil, abroad (for Brazilians), and the form of provision of information to the Central Bank of Brazil. The new
The new Register of Overseas Entities was brought into force on the 1st August 2022 by the Economic Crime (Transparency and Enforcement) Act 2022. The effect of the introduction of the Register is that such anonymous overseas entities wishing to buy, sell, or transfer UK property or land must complete a registration process with Companies
Last November 22, the Brazilian House of Representatives approved Bill No. 3401/2008, which changes the rules on the liability of members and managers for companies’ debts. In the Brazilian law, the legal personality of a company and that of its members and managers are deemed separate, and therefore the assets and obligations of one and
November 2022 – Brazil – Rossetti Advogados Law No. 14.451 was published on September 22, 2022, amending articles 1.061 and 1.076 of the Brazilian Civil Code, which relate to the quorum necessary to pass resolutions in limited-liability companies with respect to certain matters. Article 1.061 of the Brazilian Civil Code provided that the quorum to
October 2022 The global economy is facing many challenges at present leading to unpredictable marketplaces for any company establishing a business overseas. The UK is certainly no exception to these challenges but one present advantage for foreign investors is the fall in the value of sterling against foreign currencies. The UK also remains an easy,
October, 2022 Introduction THE NETHERLANDS: The scope for successor landlords to realize the new destination has been increased. Based on Dutch law, a successive landlord may dissolve the lease if he wants to bring the leased property in line with the destination. In a landmark ruling, the district court North-Holland dissolved the leases (conditionally) so
