RESOLUTION CMN NO. 4,797 AND THE PROHIBITIONS ON DISTRIBUTING RESULTS AND INCREASING THE COMPENSATION OF MANAGERS FOR A FIXED TERM
In the midst of the Covid-19 pandemic, with the objective of ensuring the solidity, stability and regular functioning of the National Financial System, the National Monetary Council published Resolution no. 4,797, on April 6, 2020 (“Res. CMN 4,797“). The Res. CMN 4,797 established, for a determined term, limitations to the distribution of results and the […]
THE EFFECTS OF THE CORONAVIRUS PANDEMIC ON THE EXECUTION OF CORPORATE CONTRACTS
With the adoption of the necessary public measures to contain COVID-19 in Brazil, we are faced with intense developments in the global business ecosystem, developments that greatly affect the dynamics of contemporary Brazilian business, from the reliability of the country’s economic development forecasts to the fulfillment of the most ordinary commercial obligations agreed upon among […]