Among the provisions of the Resolution, new rules were determined for the composition and functioning of the boards of directors of publicly held companies.

Last Wednesday, September 21, 2022, Federal Law No 14,451/2022, which amended articles 1,061 and 1,076 of the Civil Code and established the following new quorums for deliberations by members of limited liability companies.

In a recent decision of the 1st Chamber of Business Law of the Court of Justice of São Paulo, the judges granted urgent protection to force a competing company to change its corporate name and prevent the use of a corporate name in the exercise of its activity.

Recent positions of the Court of Justice of São Paulo (“TJSP”) and the Brazilian Securities and Exchange Commission (“CVM”) have pointed to the overcoming of the thesis of formal conflict of interests in relation to the exercise of the right to vote by a controlling shareholder, privileging the thesis of material conflict.

In yet another Tax Talks, tax lawyers Gabriel Bonilho and Luca Salvoni talk about relevant points of the STJ’s judgment that decided that it is possible to deduct from the tax base of corporate income tax of variable amounts paid to directors.

Recently, the National Data Protection Authority (“ANPD”) opened a public consultation for the drafting of the dosimetry standard and sanctions application of the General Law for the Protection of Personal Data (Law No 13709/18 – “LGPD”), and our office participated with suggestions for future regulation.

Tax experts Rafael Vega and Gabriel Baccarini collaborated with Valor Econômico on the impact on cash that companies will have if the rapporteur’s vote prevails in the judgment on the difference in ICMS rates (Difal), which must close on Friday.