brazilian corporation law
- New Brazilian Corporation Law
- Controlling Shareholders Of Mixed-Economy Companies* Are Punished For Violating The Brazilian Corporation Law
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The efficacy of intra-corporate approvals in negotiated mergers between controlling shareholder and its corporation under delaware and brazilian law
@Introduction Transactions between a Corporation and its controlling shareholder1 pose the danger that the latter will misuse her vot-ing power to approve a deal to extract pri-vate benefits unavailable to shareholders in g...
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O dividendo mínimo obrigatório e o regime de proteção do acionista minoritário (Mandatory Dividends and the Legal Protection of the Minority Shareholders)
... the mandatory dividend rules (statutory or not) set forth by the Brazilian" Corporation Law, focusing on matters related to the minority shareholders\xE2\x80" ...
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Mergers & Acquisitions 2018
Brazilian law applicable in M&A transactions ... The purchase and sale of ... January 10, 2002), and by certain provisions of the Brazilian Corporation Law (Law No. 6,404 of December 15, 1976) ... Global Legal Insights to: ...
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Proxy solicitation and shareholder director nominations in Brazil: a comparative analysis of instrução CVM N. 481/2009
@1. Introduction ... @@1.1 The Brazilian market: a history of concentrated control under transformation ... In a nation where the corporation law is defined exclusively at a federal level, taking into account the ...
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Vale wants to count votes against in board members elections
... "The matter is new in the Brazilian regulatory framework and, therefore, in my view, risky," she concluded. In ... The Brazilian corporation law does not define rules for the election of board directors. For a ...
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The Brazilian Securities And Exchange Commission (CVM) And The Advertisement Of Material Acts And Facts
... In CVM's view, the advertisement of material facts established in article 157 of the Brazilian Corporation Law is not subject to the rule in article 289 of said Law, under which such information should be published in the Official Gazette or any ...
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Vote Of Legal Entities In Shareholders' Meetings Of Brazilian Publicly-Held Corporations
... companies, foundations, associations or investment vehicles are no longer restricted to only grant a power-of-attorney to a shareholder, corporation officer (administrator) or lawyer in order to participate of assemblies. Therefore, a legal entity may choose for this purpose anyone who is ...
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Initial Public Offerings 2019
... , with the Comissão de Valores Mobiliários ("CVM"), or the Brazilian Securities and Exchange Commission. The CVM is a federal autarchy ... , prepared as set forth in article 176 of Law 6.404 (Brazilian Corporation Law) dated December 15, 1976, indicating the newspapers and dates of their ...
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The Brazilian Exchange Changed The Rules Of The Market Panel
... 2 This provision is contained in paragraph 3 of article 109 of the Brazilian Corporation Law (Law No. 6404, of December 15, 1976, as amended by Law No. 10303, of October 31, 2001) ... 3 These rules govern the use of arbitration to ...
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CVM Relaxes The Criteria For Fund Raising By Brazilian Small And Medium-Size Companies
... (i) the company should not be considered as a large-size corporation as defined by the applicable law. According to the sole paragraph of article 3 of Law No. 11,638, of December 28, 2007, which amended Law No. 6,404, ...
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Foreign Equity Investments In Microfinance Institutions In Brazil*
A Brazilian Microfinance Institution (MFI) must be set up as a Sociedade de Crédito ... (companhia fechada), pursuant to the terms of the Brazilian Corporation Law (Law nº 6.404, of December 15, 1976, as subsequently amended), or as ...
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O Poder Societário do Acionista Minoritário: Voto Plural na Realidade Empresarial Brasileira
Neste artigo objetiva-se compreender a regulamentação do voto plural, bem como se pode ser instrumento de controle dos minoritários em sociedades empresárias emergentes. As alterações promovidas da Lei de Sociedade Anônima apresentaram possibilidades de utilização do voto plural na realidade empresarial brasileira. Para o desenvolvimento do trabalho, além da revisão bibliográfica, optou-se pela...
... Corporate Power of the Minority Shareholder: Plural Vote in the Brazilian Business Reality ... Adriano da Silva Ribeiro* abcd ; Estevao Grill ... The amendments made to the Corporation Law presented possibilities for the use of plural voting in the Brazilian ... -
The Punitive Multiplicity In The Capital Markets
... Such an act violates several rules of the Brazilian legal system ... Firstly, those who practice the conduct incurs ... 153 and 155 of Law 6404 of December 15, 1976 (Brazilian Corporation Law). They are the called duties of diligence and loyalty of the ...
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Participation And Remote Voting In General Shareholders meetings In Brazil
On April 4, 2015 the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários - ... 6,404, of December 15, 1976 (the Brazilian Corporation Law - BCL).2 ... In order to propose and include topics to be discussed ...
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New Rules For Securities Portfolio Management In Brazil
On March 26, 2015 the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliário - ... 6,404, of December 15, 1976 (the Brazilian Corporation Law) and CVM standards: (a) net worth; and (b) funds availability, ...
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Does good corporate governance pay off in the long run? Evidence from stock market segment switches in Brazil/Governanca corporativa compensa no longo prazo? Evidencia a partir de mudancas no segmento no mercado acionario brasileiro.
... -run effects of higher standards of corporate governance in the Brazilian stock market, which has expanded strongly in the last two decades. Brazil ... to Brazilian (pursuant to Brazilian corporations Law), with Corporation Law) unified term of up to 2 years prohibition of Chairman of the Board ...
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Mergers & Acquisitions 2019
1. Overview ... Brazilian law applicable to M&A transactions ... The purchase and sale of ... 6,404 of December 15, 1976 ("Brazilian Corporation Law"); (iii) Law No. 6,385 of 1976 December 7, 1976, which created the ...
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Arbitration To Solve Corporate Disputes In Brazil
... 6,404, of December 15, 1976 (the Brazilian Corporation Law - BCL) and adds a new article 136-A to the BCL to ...
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The Same Trustee May Now Participate In Different Issues Of The Same Company In Brazil
The Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários) ... 6404, of December 15, 1976 (the Brazilian Corporation Law - BCL) determined that it shall not be appointed as trustee any person ...
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Standardization Of Debentures In Brazil
... issuing and trading of debentures in the domestic market, the Brazilian Association of Entities of the Financial and Capital Markets (Associação ... (14) reduction of capital of the issuer, observed the Brazilian Corporation Law; (15) protest of securities against the issuer (as applicable); (16) ...
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Acquisitions And Leases Of Rural Properties By Foreigners
Real Estate ... The Brazilian National Institute of Colonization and Agrarian Reform (INCRA) published ... the notions of majority stake and control from the Brazilian Corporation's Law (Federal Law No. 6,404/1976), in accordance with the Brazilian ...
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Investment In Structured Financial Instruments (SFIs) In Brazil
... Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários - ... reproduce the duty of diligence, as defined in the Brazilian Corporation Law (Law No. 6,404 of December 15, 1976) ... [2] In addition, there ...
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The Brazilian Regulator Softens The Rule Of Rotation Of Audit Firms
... 6404, of December 15, 1975, as amended by Law No. 10303, of October 31, 2011 (the Brazilian Corporation Law)2 ... After the end of his/her term of office, any member of the CAE can only be appointed for a new term in the same company after the elapse ...