Labor suits to be adjusted by Selic policy rate
The decision of the Federal Supreme Court (STF) that established the Selic, Brazil's benchmark interest rate, as the index to adjust labor debts is likely to affect at least 4.1 million suits in progress. The total value of the suits is R$453.92 billion, according to a survey by Data Lawyer. This is a defeat suffered by the workers, who will receive less and may see their suits extend even further in labor courts...
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