CORPORATE TRANSACTIONS AND CRYPTOCURRENCIES
Cryptocurrencies continue to create controversy and raise discussions in the legal world. The Securities and Exchange Commission (“CVM“) has already taken a position, in the recent past, regarding the prohibition of the direct acquisition of cryptocurrencies by regulated investment funds, under the pretext of uncertainty regarding the legal nature that permeates the very essence of […]
NEW REGULATIONS FOR THE CONSTRUCTION AND OPERATION OF HELIPADS PUBLISHED
Published on May 25, 2018, Resolution No. 471 of the National Civil Aviation Agency (“ANAC”) approving Brazilian Civil Aviation Regulation (“RBAC”) No. 155 – Helipads, and Amendment 04 to RBAC No. 154 – Aerodrome Design. RBAC nº 155 stipulates specific rules for the construction and operations in public helipads and elevated private helipads in Brazil, […]
STJ: digitally signed contract does not need the signature of two witnesses to be an enforceable title
In an appeal filed by the Fundação dos Economiários Federais (Funcef), the Superior Court of Justice decided that a digitally signed contract does not depend on the presence of the signatures of two witnesses to be considered an enforceable instrument, as determined by article 585, II, of the Code of Civil Procedure of 1973 (corresponding […]
DRONES AND THE NEW REGULATIONS
The National Civil Aviation Agency (“ANAC”) approved last May 02, 2017, Brazilian Special Civil Aviation Regulation – RBAC – E No. 94 (“Regulation”) for the use of unmanned aircraft. Until the publication of the Regulation, which occurred on May 3, 2017, ANAC, society, public agencies, associations, and interested companies discussed the topic widely, including through […]
São Paulo Regional Labor Court Validates Global Settlement in Out-of-Court Labor Agreement
Responding to requests from employees and employers, the so-called Labor Reform brought the possibility of ratification of out-of-court settlements by the Labor Court. Thus, it became possible to solve the conflict between employee and employer amicably, with the judicial seal, in order to avoid the lengthy and costly lawsuit. With a few precautions (such as […]
OF THE OPENING OF CONTROL OF BRAZILIAN AIRLINES TO FOREIGN CAPITAL
Last April 11, 2017, the President of the Republic signed Bill No. 7425/2017, which among other matters, amended Article 181 of the Brazilian Aeronautical Code (“CBA”), eliminating the limit of up to twenty percent (20%) of foreign capital participation with voting rights in companies that provide public air services in Brazil. The Bill in question […]
BLUE REGISTRATION FOR IPO
On February 6, 2017, the Brazilian airline AZUL filed, before the Securities and Exchange Commission – SEC of New York and before the Securities and Exchange Commission – CVM of São Paulo, applications for registration as a publicly-held company and requests to conduct an Initial Public Offering (“IPO”) of shares. Given the favorable market conditions […]