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November 6, 2023 LexLive

Brazil: STF confirms rule that allows banks to repossess properties without going to court in the event of default

The Federal Supreme Court (STF) declared the constitutionality of the rule set forth in Law No. 9.514 of November 20, 1997 (Law No. 9.514/97), which allows banks or financial institutions to repossess properties in the event of default of home loan installments without the need to go to court. The discussion involves a law enacted

May 15, 2023 LexLive

Brazil: STF stays actions on the purchase of rural land by foreign capital companies

By means of a preliminary injunction, the Federal Supreme Court (“STF”) justice André Mendonça stayed the processing of all actions in Brazil that challenge the legality of Federal Law No. 5.709 of October 7, 1971 (“Law 5.709/1971”) and of Decree No. 74.965 of November 26, 1974, which govern the purchase of rural properties by foreigners.

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Tag Archive: STF

Brazil: STF confirms rule that allows banks to repossess properties without going to court in the event of default

Brazil: STF stays actions on the purchase of rural land by foreign capital companies

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