Brazil: STJ Establishes Selic as Index for the Adjustment of Civil Debts
October 2024 – Rossetti Advogados On August 21st, the Superior Court of Justice (STJ) concluded a highly significant judgment for the legal and business sectors, establishing the Selic rate as the index to be used for the adjustment of civil debts. This decision, rendered in Special Appeal No. 1.795.982/SP, brings uniformity to the legal scenario,