Newsletters
Deadline for Filing the Five-Year Foreign Capital Census Declaration 2026 Ends on March 31
The Foreign Capital in the Country Census (CCEP) is a reporting obligation established by the Banco Central do Brasil, applicable to individuals and legal entities resident, domiciled, or headquartered in Brazil (“Reporting Entity”) that hold foreign capital participation in their corporate structure or maintain liabilities with non-residents...
Joint Liability of Directors in the Absence of Individualized Responsibilities
In November 2025, Brazil’s Superior Tribunal de Justiça (STJ), in Special Appeals Nos. 2,053,505 and 1,907,634, held both directors of a company jointly liable for damages caused to the company by the omission of only one of them, based on the absence of an express allocation of responsibilities to each of the directors...