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The Netherlands: Prevent the mayor from closing your business premises for years and getting stuck with the tenant in drug discovery cases. What steps can you take as a manager or owner against the municipality and tenant?

September, 2022 – The Netherlands – Certa Advocaten Introduction Upon the discovery of drugs and/or other prohibited substances or goods used to manufacture the drugs, mayors may close a business premises. As a property owner, you are faced with a closed building that no one is allowed to enter. The space cannot be rented or…

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Argentina: Argentina Employment Law Update Termination at Will Returns

September/2022 – Wiener Soto Caparros On Christmas Eve, the Argentine Government issued Decree No. 886/2021, which orders a gradual phasing out of double severance for dismissals and puts an end to the prohibition on termination at will by the employer. The double severance has been in effect for over a year since the declaration of…

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Argentina: It Just Got Difficult Again To Own An Argentine Subsidiary

September/2022 – Wiener Soto Caparros On February 21, 2020, the Superintendency of Corporations for the City of Buenos Aires (the “Superintendency”) reinstated onerous disclosure requirements on foreign legal entities owning Argentine companies. These same rules apply also to legal entities registered in Argentina as a foreign branch. These disclosure requirements had been in effect for…

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Brazil: Ministry of Justice enacts new rules for the grant of real estate investment visa in Brazil

September 2022 – Brazil – Rossetti Advogados Resolution CNIG MJSP No. 46/2021, issued by the National Immigration Council, was published in the Federal Official Gazette on August 8, 2022 (D.O.U. of 08/08/2022, Ed. No. 149, Section 1, p. 37). This resolution amends Normative Resolution36/2018 on the grant of real estate investment visa to individuals who purchase real…

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Brazil: Central Bank of Brazil holds a public consultation on the regulation of foreign credit and direct foreign investment

August 2022 – Brazil – Rossetti Advogados The Central Bank of Brazil approved, on July 19, public consultation notice No. 91/2022, about a proposed normative act to regulate foreign capital in Brazil regarding foreign credit transactions and direct foreign investment. According to the Central Bank, the proposal seeks, first, to regulate certain aspects of the…

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