New legislation allows telecom companies with concession contracts to operate for an undefined period and without the risk of having their assets reverted to the Federal Government. The changes should eliminate uncertainty and unlock investments...

A new law brings Brazil into line with international standards for investment funds as it limits liability for investors and service providers and separates assets into different classes of shares. Cost reduction and foster interest in the industry...

The Economic Freedom Act brought fewer than expected changes to the labor legislation as a result of much criticism and opposition on the part of unions and civil society. Even so, some alterations add to previous innovations which were aimed...

Amendments made to the Civil Code have laid out objective criteria on interpretation of private contracts. The changes should reduce the courts’ leeway to apply open-ended legal principles in a way that negates the actual language of the contract.