The Business Insolvency Act has been in force for fifteen years, and a bill to reform it could be passed soon. Proposed changes have the potential to modernize the insolvency framework, but there is room for even further improvement

Obstacles imposed by the Brazilian Business Insolvency Act (Act 11,101/2005) have historically hindered tax-efficient recovery plans and created challenges for insolvent companies to pay their tax debts and for creditors to receive the amounts...

Modernization of the Brazilian insolvency legislation is imminent and is likely to boost “DIP Financing” in Brazil. Legislators have the chance to fulfill the purpose of widening possibilities for corporate recovery alongside with evolving local...

A draft bill that modifies the resolution regimes of financial institutions is currently under debate in the House of Representatives. The proposed bill complies with the standard framework recommended by the Financial Stability Board and aims...

Partners Angela Di Franco and Rafael Zabaglia have been interviewed by Lexology to discuss dispute resolution in Brazil. Popular methods, recent trends and upcoming reforms are some of the topics that you can find here

Innovative products and services are disrupting the Brazilian capital markets on a daily basis. Regulation plays a crucial role, either enabling or inhibiting this process. For that reason, the Brazilian Securities Commission implemented a regulatory...

It is no news that ESG factors and investments have taken the country. There is a growing movement towards self-regulation in publicly listed companies in order to align their ESG practices and policies with international standards. Local asset...

This issue of Brazil Outlook discusses recent trends and developments in Brazilian capital markets and their potential to stimulate foreign investments. It discusses the increasing adoption of environmental, social and governance (ESG) policies...

In view of the recent debate on new rules to foster competition and a more efficient market structure, one of the main issues under scrutiny is the balance between competition, market integrity, accurate price discovery, transparency and best...

Recent changes on rules governing Brazilian Depositary Receipts (BDRs) have facilitated the access to the Brazilian capital market. These changes come at the very moment when the market encourages investments abroad

One of the immediate impacts of the ongoing covid-19 sanitary crisis is heavy systemic distress – debtors fail to timely perform their contracts in full, causing a ripple effect across the market. A few noteworthy decisions have been issued...

COVID-19 has compounded the complexity of issues around the auction of 5G spectrum to make yet another postponement of Brazil's 5G bid all but inevitable. Thorny key issues are still to be resolved; these include foreign policy tension around...