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A aquisição da trading do BTG com o grupo de private equity Riverstone está sujeita à aprovação regulatória

A Engelhart, trading de commodities do Grupo BTG Pactual (BPAC11), concordou em adquirir a britânica Trailstone para criar um grande player no mercado de energia e lucrar com a volatilidade e a transição energética.

A aquisição da trading do BTG (BPAC11) com o grupo de private equity Riverstone está sujeita à aprovação regulatória. A operação será concluída no terceiro trimestre, de acordo com a Engelhart. Contudo, a companhia não divulgou os termos ou o valor do negócio.

Fundada em 2013, a Engelhart conta com sete escritórios em cinco regiões: Pequim, Xangai, Londres, Stamford, Genebra, Houston e Singapura. Segundo o site da empresa, são 180 profissionais que atuam na negociação de ativos em energia, metais, agricultura, entre outros.

BTG Pactual (BPAC11) está perto de anunciar compra de banco em NY

A aquisição de um banco de gestão de fortunas em Nova York está próxima de ser anunciada pelo BTG Pactual (BPAC11). O intuito é expandir a presença global, disseram fontes a par do assunto, em apuração da “Bloomberg”.

O BTG planeja injetar cerca de US$ 300 milhões a US$ 350 milhões em capital no banco, após a aquisição. A utilidade da instituição seria para oferecer serviços de private banking e gestão de fortunas, bem como para negócios de banco corporativo e de investimento, de acordo com as fontes.

Anteriormente, em setembro de 2023, o BTG Pactual adquiriu também o FIS Privatbank,  localizado em Luxemburgo, sob valor de €$ 21,3 milhões, e abriu um escritório em Madrid, Espanha.

Leia a reportagem completa

Por Luiza Gonçalves via BP Money

Baker McKenzie Earns 48 Practice Area and 95 Lawyer Rankings in Chambers USA 2024 Guide

Baker McKenzie recorded 48 practice area rankings and 95 lawyer rankings in the 2024 Chambers USA Guide, up from 42 practice area and 81 lawyer rankings in 2023. The Firm received a Nationwide Band 1 ranking for Corporate/M&A: Highly Regarded, reflecting the growth and increased depth of the team across the US.

The Firm maintained its Band 1 rankings in Tax: Controversy (Nationwide, 2013-2024), Tax (California: Northern, 2016-2024), Employee Benefits & Executive Compensation (California: San Francisco, Silicon Valley & Surrounds, 2013-2024), and Tax: State & Local (New York, 2021-2024).

Chambers and Partners ranks law firms based on technical legal ability, client service, commercial vision and business understanding, diligence, value for money and depth of team. Rankings are based on interviews with clients and peers as well as firm submissions.

View the full list of ranked lawyers and new practice area rankings by clicking here

Via Baker McKenzie

Ahuno Corporation is an International Cybersecurity & Information Security Management Consulting firm specializing in Project Management and Strategy across Financial Institutions and Government/Defense Contractors.

Learn more

Juntos pelo Rio Grande do Sul

O BTG Pactual se solidariza com todos os afetados pelas enchentes no Rio Grande do Sul.
Nosso propósito de apoiar o momento de vida das pessoas e empresas se estende a situações de adversidade. Temos um grande compromisso com o Rio Grande do Sul e vamos totalizar R$ 20 milhões em doações para apoiar ações emergenciais e de regeneração do estado, além de ajudar empreendedores gaúchos na reconstrução de seus negócios.

Ações sociais

Em parceria com diversas iniciativas que atuam no Rio Grande do Sul, o BTG Pactual destinou doações a projetos sociais dedicados à reconstrução do estado.

Para conhecer as iniciativas apoiadas e para mais informações sobre doações, clique aqui.

Via BTG Pactual

Com o objetivo de atrair pessoas importantes para a causa e fortalecer a garantia dos direitos das crianças e dos adolescentes no Brasil, a Fundação Abrinq firmou uma parceria com a Childhood Education International, organização voltada à promoção de Educação de qualidade na infância e adolescência

A parceria é um esforço da Childhood Education International com seu Center for Business Champions. A iniciativa busca ajudar representantes de causas sociais a criarem redes de influência com agentes importantes do setor empresarial. A finalidade é formar “campeões”, que defenderão e promoverão ativamente a causa da infância e adolescência.

No caso da Fundação Abrinq, a Childhood Education International está oferecendo formações para que a organização melhore ainda mais essa frente e fortaleça o diálogo com o setor privado, tudo em vista de uma realidade melhor para as crianças e os adolescentes no país.

“Estamos entusiasmados com a ideia toda. Acreditamos que a atuação dessas lideranças é fundamental na garantia dos direitos das crianças e dos adolescentes, então recrutar líderes que se destacam na sociedade para abraçarem a causa é um grande passo neste sentido”, conta Victor Graça, superintendente da Fundação Abrinq.

Via Fundação Abrinq

For the second year in a row, BNY Mellon has been recognized as the top honoree at Global Custodian’s Leaders in Custody awards ceremony

The world’s leading industry publication dedicated to international securities services again named BNY Mellon Global Custodian of the Year.

Coming as BNY Mellon celebrates its 240th anniversary year, the honors are an affirmation of BNY Mellon’s status as a leader and pioneer of custody services, with $48.8 trillion in AUC/A as of March 31, 2024. Custody services are a foundational element underpinning the firm’s mission to deliver data-driven, innovative and integrated capabilities across all of its businesses. This approach ultimately delivers operational and investment alpha and resiliency to BNY Mellon’s global client base.

Emily Portney, Global Head of Asset Servicing, BNY Mellon said: “This award is a testament to BNY Mellon’s relentless client focus. We develop strong partnerships with our clients and bring the entirety of our firm to help accelerate their strategy and growth. We thank our clients for the trust they place in us and congratulate our colleagues across BNY Mellon who made this possible.”

To learn more about, click here.

Via BNY Mellon

$8 million will support establishment or expansion of child and family feeding programs over four years

Morgan Stanley (NYSE: MS) today announced a grant of $8 million over four years to Feeding America® in support of programs that help address child hunger and improve equitable access to food among children and underserved populations. Since 2009, Morgan Stanley’s funding for Feeding America has totaled more than $50 million, helping to deliver more than 356 million meals to children and families. Additionally, Morgan Stanley employees have volunteered more than 130,000 hours for Feeding America food banks across the U.S.

“The Morgan Stanley Foundation has supported the Feeding America network of food banks for 15 years and counting as part of our core value of giving back and our longstanding commitment to children’s health,” said Joan Steinberg, Morgan Stanley’s Global Head of Philanthropy and President of the Morgan Stanley Foundation. “We are proud to build upon this partnership and continue to fund innovative solutions that reach communities across the country at risk of food insecurity.”

To learn more, please see here

Via Morgan Stanley

Jones Day at top of BTI All-Star list for third straight year

Jones Day remains at the top of the list of BTI Consulting Group’s “Client Service All-Stars” for the third consecutive year, with seven lawyers.

BTI does not accept law firm submissions, self-referrals, or suggestions for inclusion in the report, but bases the rankings on interviews with leading legal decision makers at large organizations with over $700 million in annual revenue.

The seven Jones Day partners named as 2024 BTI Client Service All-Stars are:

  • Michael J. Gray – Labor & Employment, Global Co-Client Affairs Partner, Chicago
  • Jeffrey J. Jones (5-Year MVP) – Business & Tort Litigation, Detroit & Columbus
  • Carrie L. Kiedrowski – Intellectual Property; Technology, Cleveland
  • Laura F. Laemmle-Weidenfeld – Health Care & Life Sciences, Washington
  • Heather M. O’Shea – Practice Leader of Health Care & Life Sciences, Chicago
  • Efrat R. Schulman – Labor & Employment, Chicago
  • Peter J. Schwingler – Antitrust & Competition Law, Minneapolis & Washington

BTI research reveals five all new reasons clients single out their BTI Client Service All-Stars:

  • Ideas
  • Insights
  • First to Know.
  • Unequivocal
  • Looking Ahead

Learn more

By Jones Day

O Inter&Co espera replicar seu desempenho no Brasil nos Estados Unidos, onde está mirando brasileiros em duas das maiores cidades da Flórida, disse o presidente-executivo do banco digital. A empresa se tornou um dos principais nomes no cenário de bancos digitais do Brasil e acumulou 32 milhões de clientes

Mas nos EUA, o banco digital precisará superar os obstáculos de construir sua presença do zero em um país onde empresas do setor têm tido dificuldades para conquistar espaço contra instituições financeiras estabelecidas.

O Inter lançou operações nos EUA com uma sede em Miami em 2021 e, em maio, expandiu presença física com um “lounge” para clientes em Orlando, um ponto de concentração de imigrantes e turistas brasileiros.

Orlando é a cidade mais brasileira fora do Brasil“, disse à Reuters o presidente-executivo, João Vitor Menin. Segundo ele, o Inter tem como foco inicial brasileiros que viajam ou vivem nos EUA, para depois ampliar para outros clientes norte-americanos que queiram ter a chamada “conta global” do banco, em dólares.

Este ano, o Inter adquiriu os direitos sobre o nome do estádio de futebol de Orlando, onde atuam vários brasileiros, incluindo Marta.

O Inter tem 3,1 milhões de clientes de sua conta global, a maioria morando no Brasil, enquanto “um pouco mais” de 250 mil estão nos EUA, disse Menin.

Quando a gente pensa nesse conceito de conta global, nós precisamos estar nos EUA, porque tudo gira em torno da economia dos EUA“, disse Menin.

O executivo afirmou que o mercado norte-americano representa “uma oportunidade, e não um desafio” para a empresa.

O Inter&Co tem meta de alcançar 60 milhões de clientes até o final de 2027. Se a taxa de crescimento atual for mantida, cerca de 6 milhões desses clientes devem ter contas globais, estimou Menin, acrescentando que o banco avalia no futuro uma possível expansão ao mercado europeu.

Leia a reportagem na íntegra

Por Andre Romani e Kylie Madry via Reuters

Projeto é movido por voluntários e doações que pagam a perfuração de poços e outras ações sociais em diferentes estados do Brasil e EUA

O projeto de uma paraibana perfura poços para levar água para a população do Vale do Piancó, no Sertão da Paraíba. A organização sem fins lucrativos Love Together Brasil já perfurou mais de 58 poços que atendem escolas, hospitais, creches e comunidades rurais. Com sonhos ambiciosos, a fundadora do projeto iniciou a criação de um “oásis” educacional e esportivo contando apenas com doações de pessoas tocadas pelo projeto.

Nascida em Santana dos Garrotes, mas criada em Piancó, no Sertão da Paraíba, a paraibana Geralda Sarraf criou o projeto em 2013, mas só registrou a ONG em 2015. A sertaneja afirma que quer levar para o Sertão oportunidades que ela não teve, e se define como uma pessoa que sentiu na pele as dores dos moradores locais. “Temos que dar dignidade para o nosso povo”, afirma a fundadora.

Hoje, ela mora em Nova York, nos Estados Unidos, e explica que a organização é americana, realiza ações pontuais nos EUA, São Paulo (SP) e Brasília (DF), mas a intenção mesmo é levar água para o Sertão da Paraíba, atendendo cerca de 23 cidades vizinhas de Piancó, onde o projeto é concentrado.

Aqui no Brasil o projeto é presidido por Symony Miguel, que começou como voluntária da ONG, em 2015. Ela explica que o objetivo da Love Together Brasil é enfrentar a escassez de água que afeta toda a região. De acordo com ela, a principal ação do projeto é perfurar poços, mas também existe a atuação na defesa dos direitos sociais das crianças e adolescentes nas áreas de saúde e educação.

A criação do ‘Oásis’

A fundadora começou a construção de um “oásis” no Sertão, no último dia 1º de março. A ONG iniciou as obras do Centro Educacional, Cultural & Esportivo Oásis do Sertão, um espaço multifuncional em Piancó para prática de esportes, educação, cultura e saúde.

Leia a reportagem completa

Via g1 PB

O “AzulGPT” foi criado para trazer mais proteção de dados e eficiência operacional no cotidiano da companhia aérea

A Azul, companhia aérea brasileira, anuncia o lançamento do AzulGPT, uma plataforma de inteligência artificial generativa (IA) usando o Microsoft Azure OpenAI Service em conjunto com a Avanade. O AzulGPT representa ganhos de produtividade, processamento e análise de dados, respeitando os padrões de segurança e privacidade da empresa.

“Somos uma das primeiras companhias aéreas a adotar esse sistema no Brasil, demonstrando nosso DNA de inovação e compromisso com iniciativas que tornam a operação mais eficiente, além do cuidado do ponto de vista da proteção de dados corporativos. Com pouco tempo em funcionamento, já recebemos feedbacks positivos de áreas internas que aceleraram seus processos. Análises de feedbacks e NPS de Clientes, que antes exigiam semanas para serem categorizadas, agora são feitas em minutos”, afirmou Felipe Starling, Diretor de TI da Azul.

No dia a dia, o AzulGPT tem contribuído para a integração e compartilhamento de informações entre os Tripulantes, como são chamados todos que atuam na Azul, de diferentes bases. Naelly Oliveira, assistente de cultura e uma das mais adeptas ao produto na companhia, explica que a plataforma tem ajudado a esclarecer dúvidas sobre programas e eventos de maneira mais rápida. Além disso, tem sido importante para a construção de materiais, campanhas e formulários, reduzindo o tempo dedicado a essas tarefas em até três dias. Com isso, ela consegue direcionar mais atenção ao planejamento estratégico e criativo.

Leia o press release na íntegra

Via Azul Linhas Aéreas

Event impact goes beyond 26.2 miles supporting hundreds of organizations

The Boston Athletic Association (B.A.A.) announced that the total funds raised through the 2024 Boston Marathon presented by Bank of America reached a record total of $71.9 million.

Combining funds raised through the 168 non-profit organizations in the Bank of America Boston Marathon Official Charity Program – $45.7 million – with other donations and fundraising from race participants, the 2024 total surpasses the previous record of $40.2 million set last year. This brings the total charitable fundraising since the program began in 1989 to over $550 million.

Nicole Juri, Director of Development for the B.A.A. said, “We set a high bar for our fundraising at the Boston Marathon this year and I am delighted to be able to share today that thanks to our amazing runners and supporters – we did it. This amount will have a huge impact on the Greater Boston community and all those who receive support and services from these incredible organizations.”

When it partnered with the B.A.A. to become the presenting sponsor of the Boston Marathon, Bank of America was very clear about its goal: To bring the Boston Marathon’s impact and reach to new heights – both on a national and global scale – in the years ahead. Through its My Marathoner campaign, the bank amplified the goal and mission of the Bank of America Boston Marathon Official Charity Program, helping create a platform for runners to share their stories and encourage the community to get behind their causes.

The Bank of America Boston Marathon Official Charity Program comprises nearly 10% of the Boston Marathon field size, with selected organizations utilizing their entries to recruit athletes who pledge to raise funds for their cause. A full list of organizations who were part of the 128th Boston Marathon presented by Bank of America can be found on the Bank of America Boston Marathon Official Charity Program page.

Details on how to apply to be part of the Bank of America Boston Marathon Official Charity Program for 2025 will be announced in the coming weeks.

Learn more

Via Bank of America

Global law firm DLA Piper was recognised three times at the Legal Innovation & Technology Awards 2024 held in London on 23 May

The firm was awarded the ‘Future of Legal Services Innovation’ for its disruptive and innovative approach to artificial intelligence (AI), while the DLA Design Thinking training programme bagged the award for ‘Outstanding Training Innovation’, and the Aiscension platform won the ‘Excellence in Litigation Technology’ category for its new bribery and corruption module.

DLA Piper’s winning approach to AI comprises 100+ AI-advising lawyers and data scientists revolutionising practice, collaborating with clients on innovation, liability, security, IP and ethics, influencing policy in the area and impacting the wider AI ecosystem, alongside the creation of novel legal and law-adjacent solutions under its Law& innovation arm.

The DLA Design Thinking programme was recognised for its creation and delivery of two bespoke training courses developed to embed an innovation mindset into the culture of the firm, and Aiscension’s bribery module for providing an AI-powered solution that’s faster, more accurate and more cost effective than any eDiscovery option on the market.

The prestigious awards, now in their 10th year, recognise visionary thinkers, pioneers, and game-changers who are reshaping the legal industry.

Read more here

Via DLA Piper

PwC will become the largest customer and first reseller of OpenAI’s enterprise product as part of a new deal, the accounting giant said on Wednesday, as businesses rush to adopt and capitalize on generative artificial intelligence.

PwC will roll out ChatGPT Enterprise, a version of the Microsoft-backed AI startup’s chatbot aimed at large companies. The firm will provide ChatGPT Enterprise to its 75,000 U.S. employees and 26,000 UK employees, according to the Wall Street Journal which first reported the agreement.

The OpenAI agreement builds upon PwC’s previously announced plans to invest $1 billion in generative AI technology, the company said.

OpenAI has been making efforts to add enterprise customers beyond Microsoft.

Reuters reported in April that OpenAI CEO Sam Altman hosted hundreds of Fortune 500 company executives in San Francisco, New York and London, where he and other executives pitched AI services for corporate use, going head-to-head in some cases with Microsoft.

Learn more

Via Reuters

 

Voltado para passageiros da aviação comercial, terminal traz novo conceito: sem filas e com experiência personalizada no embarque e desembarque

O aeroporto de Guarulhos vai passar a oferecer um novo terminal a partir do segundo semestre. Desta vez, com um novo conceito: sem filas, com exclusividade e uma experiência personalizada de embarque e desembarque.

Batizado de Terminal BTG Pactual, o empreendimento traz para a América Latina um modelo que já vem sendo usados nos principais hubs do mundo, como de Los Angeles, Londres e Dubai.

Localizado um pouco depois do Terminal 3, o terminal BTG será um espaço completo, com 5 mil metros quadrados, com entrada totalmente dedicada.

Numa espécie de evolução da sala VIP, os passageiros eles farão todos os procedimentos, do check-in à passagem pela Polícia Federal e Alfândega, sem necessidade de acessar os demais terminais. Um carro leva o usuário até o voo na hora do embarque e já o aguarda na chegada, no caso de desembarque.

O valor de lançamento será de US$ 590, com desconto de até 20% para clientes que têm cartão do BTG Pactual.  Um serviço de concierge acompanha o passageiro desde a inscrição.

Um fundo de capital privado gerido pelo BTG Pactual está investindo R$ 80 milhões no empreendimento – na estreia do banco, já tradicional em outros segmentos de infraestrutura, no setor aeroportuário.

Além da maior agilidade no embarque, o novo terminal terá lounges privativos e salas de reuniões: tanto voltadas para a pista, para quem quer estar perto do embarque, quanto no que chama de face ‘terra’, para os passageiros que querem se encontrar com outras pessoas que não vão viajar.

Em construção há cerca de um ano, o Terminal está em fase final e deve ser inaugurado na segunda metade do ano, mas ainda sem data exata.

A previsão é que, no primeiro ano, o Terminal BTG Pactual receba cerca de 36 mil usuários ou cerca de 100 usuários por dia – com a concentração variando de acordo em diferentes horários, de acordo com os voos.

Leia a reportagem na íntegra

Por Natalia Viri via Exame Insight

Como você imagina o mundo daqui a 10 ou 20 anos? Seja sua visão mais ou menos otimista, é muito provável que seus pensamentos tenham transitado por alguma questão que envolva o meio ambiente e as mudanças climáticas

E não é a toa, afinal, os temas relacionados a um planeta mais sustentável estão cada vez mais em evidência em todos os setores da sociedade, inclusive nos negócios. Pensar em uma economia verde, inclusiva e de baixo carbono é uma visão estratégica muito importante para qualquer empresa que esteja comprometida com uma agenda ASG. No Banco do Brasil não é diferente.

No final de agosto de 2023, o BB divulgou seus “Compromissos BB 2030 para um Mundo + Sustentável”,  uma atualização do documento lançado em 2021 e que listava as metas para promoção de negócios sustentáveis, investimentos e gestão responsáveis, dentro e fora do BB.

Agora são 12 compromissos que ampliam as metas e objetivos alinhados aos Objetivos do Desenvolvimento Sustentável propostos pela Organização das Nações Unidas (ONU), e impactam positivamente os negócios gerados pelo banco, a sociedade, a economia e o mundo inteiro.

Quais são os novos compromissos do BB pela sustentabilidade?

No documento de 2021, os compromissos do BB estavam distribuídos por três eixos temáticos: Negócios Sustentáveis, Investimento Responsável e Gestão ASG. Agora, o BB acredita em quatro, com a adição do eixo Impactos Positivos na Cadeia de Valor.

Outra atualização foi na quantidade de desafios, passando de 10 para 12 compromissos. Até 2025, o BB promoverá a Inclusão Financeira e o Reflorestamento e a Conservação Ambiental.

As metas a serem atingidas são:
– Renegociar dívidas de 2,5 milhões de clientes com renda de até dois salários;
– Alcançar um milhão de empreendedores com créditos;
– Alcançar um milhão de hectares conservados ou reflorestados;
– Reforçar práticas que promovam a recuperação de pastagens e áreas degradadas e assegurem o desmatamento ilegal zero nos financiamentos BB.

Se você gostou e quer saber o que mais  o BB tem feito pelas causas sustentáveis, você pode conferir mais sobre as ações em: sustentabilidade.bb.com.br.

Leia a reportagem completa em Blog BB

Cleary Gottlieb received three International Financial Law Review (IFLR) Americas Awards 2024 at IFLR’s annual awards ceremony, recently held in New York.

Cleary was recognized with the following awards:

Notably, this is the 10th year in a row that Cleary has been recognized for advising on the Restructuring Deal of the Year.

The IFLR Americas Awards focus on legal innovation through dealmaking and celebrate work that improves the cross-border investment environment.

Learn more about the awards here.

Via Clearly Gottlieb

Copa Airlines, a subsidiary of Copa Holdings, S.A. and a member of the Star Alliance global airline network, announces the start of operations, in June of this year, to three new destinations: Tulum, Mexico, Florianopolis in Brazil, and Raleigh-Durham in North Carolina, United States. With the addition of these routes, Copa Airlines expands its network to 85 destinations in 32 countries across Central, South, North America, and the Caribbean.

  • With the addition of Raleigh-Durham, the airline strengthens its presence in the United States, reaching a total of 16 destinations in that market.
  • Florianopolis, the “Island of Magic,” becomes Copa Airlines’ 7th destination in Brazil, the primary air market in Latin America.
  • The new route to Tulum, Mexico, consolidates the airline’s presence in Mexico with five destinations, providing a faster and more convenient alternative for traveling to this renowned tourist destination in the Riviera Maya.

With the aim of expanding its connectivity in the important Brazilian market, starting from June 25, Copa Airlines will fly to the city of Florianopolis, the capital of the state of Santa Catarina in southern Brazil. Known as the “Island of Magic” for its more than 100 stunning beaches with crystal-clear waters and white sands, this city offers a rich culture and Azorean architecture, along with natural diversity encompassing ecotourism, trails, and natural parks. Considered one of the friendliest capitals in the country, Florianopolis is a true paradise for surfing enthusiasts.

The city of Florianopolis becomes the seventh destination for the airline in Brazil. Copa Airlines’ flight to Florianopolis will initially operate with three weekly frequencies on Tuesdays, Thursdays, and Sundays. Departing at 3:23 p.m. from Panama (local time) and arriving at Hercilio Luz International Airport at 12:22 a.m. (local time). The return flight will depart from Florianopolis at 1:25 a.m., reaching Panama at 6:30 a.m. (local time) on Wednesdays, Fridays, and Mondays.

Passengers interested in traveling to or from the cities of Tulum, Florianópolis, and Raleigh-Durham can make their reservations at www.copa.com, sales offices, and the call center.

Maintaining its leadership in the region, Copa Airlines was recognized by the renowned company Cirium as the “Most Punctual Airline in Latin America in 2023,” achieving an on-time arrival rate of 89.46% and an on-time departure rate of 91.71% for the year. This recognition, placing us among the top 3 most punctual airlines globally, has been awarded by Cirium on nine occasions.

Learn more

Via Aviator

 

Simpson Thacher was named “Equity Team of the Year” at the IFLR Americas Awards 2024. The Firm was recognized for its work advising on numerous complex cross-border capital markets matters over the past year, including Ambipar Response’s de-SPAC with HPX Corp., the U.S. IPO and NYSE listing of Vesta, and a R$1.7 billion follow-on offering by Diagnósticos da América, among others.

The IFLR Americas Awards honor the region’s most legally innovative cross-border transactions of the year, as well as the teams and firms behind them. To see the full list of winners, please click here (subscription required).

Via Simpson Thacher

Broadening our ambition in greenhouse gas reduction

Standard Chartered enhances net zero roadmap with commitment to deliver methane (CH4) emissions reduction target. A methane target aligns with our focus on reducing carbon dioxide-related (CO2) financed emissions and supports our ambition to be net zero by 2050. The Group has committed to set a baseline and identify a science-based target for sector-specific methane emissions by 2025.

Following our 2023 Annual Report and in line with our position statements, we have updated our approach to greenhouse gas emissions reduction by turning our attention to the methane emissions resulting from client activities. This new target, applicable to the oil and gas sector, builds on best practice and the stated ambition of leaders in the industry to address methane emissions, as outlined at COP28.

The monitoring and reporting of methane emissions remains nascent. When compared with the equivalent carbon dioxide emission profile, the impact of methane emissions is significantly higher, with estimates placing it at more than 25 times more potent, making it a critical lever in seeking to mitigate climate change. By taking action on methane-related emissions, Standard Chartered will work alongside its clients in transition to address a broader base of greenhouse gas emissions and seek outcomes that align with the Paris Agreement.

Read the full article

Via Standard Chartered

 

 

DataminerAI accelerates incident response, assesses risk, predicts cost and streamlines review process

Kroll, the leading independent provider of global risk and financial advisory solutions, expands its document review capabilities with DataminerAI to immediately pinpoint where sensitive data is located, providing faster, more efficient and affordable data mining. The technology optimizes incident response investigations and is available to all insurance carriers, law firms, and incident response providers seeking more efficient document review.

As the world’s leader in incident response, Kroll partnered with eDiscovery services provider, Dauntless Discovery, to develop DataminerAI. It leverages large language models (LLM) to rapidly analyze data sets of all sizes to find sensitive data and categorize it for immediate analysis, extraction and review. The AI technology handles both structured and unstructured data to increase review efficiency and accuracy. DataminerAI provides customized workflows based on its findings and delivers solutions which reduce the need for manual review. This saves time and money typically associated with data mining and customers receive impact assessment reports faster.

About Kroll
As the leading independent provider of risk and financial advisory solutions, Kroll leverages our unique insights, data and technology to help clients stay ahead of complex demands. Kroll’s team of over 6,500 professionals worldwide continues the firm’s nearly 100-year history of trusted expertise spanning risk, governance, transactions and valuation. Our advanced solutions and intelligence provide clients the foresight they need to create an enduring competitive advantage. At Kroll, our values define who we are and how we partner with clients and communities.

Read the full article

Via Kroll.com

A quarta edição do Análise Advocacia Regional reconheceu o BMA como um dos escritórios full-service mais admirados do Estado de São Paulo.

O guia, organizado pelo Análise Editorial, avalia os escritórios mais admirados em 22 estados brasileiros e no Distrito Federal. São mais de 1.000 escritórios participantes, distribuídos em 110 cidades brasileiras. A pesquisa conta com a participação de heads dos departamentos jurídicos, financeiros e os responsáveis setoriais das maiores empresas do país.

Este reconhecimento é fruto da nossa atuação multidisciplinar em busca de soluções inovadoras para os desafios do mercado.

Parabenizamos todo o Time BMA por mais essa conquista e pelo trabalho desenvolvido ao longo do último ano, que possibilitou o reconhecimento de variados players do mercado, a quem agradecemos a confiança em nosso escritório.

Via BMA Advogados

The financial super app aims to serve as a central hub for Latinos and Brazilians living in Florida

Inter&Co (NASDAQ: INTR), the financial super app serving over 31 million customers across the Americas, announced the launch of its first Inter&Co Lounge in the United States, located at 5407 International Drive in Orlando, Florida. The grand opening event took place Friday, May 10th, 2024.

Last week’s inaugural ceremony was graced by distinguished guests, including a prominent audience from Exploria Resorts, Visit Orlando, the Orlando Economic Partnership, among others. Notable figures such as John Hugh “Buddy” Dyer, Mayor of Orlando, Commissioner of Orlando’s District Six Bakari F. Burns, and Brazilian Ambassador João Lucas Quental, Consulate General of Brazil in Orlando, were among the esteemed attendees, marking a pivotal moment for the city of Orlando.

With a considerable Brazilian community of over 105,000 residing in the vibrant state of Florida as per World Population Review, and welcoming over 1 million Brazilians visitors annually, the inaugural Inter&Co Lounge aims to cater specifically to their needs. Serving as a central hub, clients and partners can access services such as money transfers, consultations with financial specialists, and mortgage assistance, among others.

The grand opening event featured a ribbon-cutting ceremony to mark the formal launch of the location, followed by a showcase of the latest offerings. Around 50 attendees had the opportunity to engage with the Inter&Co team and local dignitaries, exploring the lounge’s unique selection, and enjoying catered refreshments.

“We are thrilled to double down on our commitment to the Orlando community with the opening of our inaugural Inter&Co Lounge on International Drive,” said João Vitor Menin, CEO of Inter&Co. “This expansion underscores our commitment to meeting the diverse needs of our customers and offering them a convenient experience tailored to their preferences.”

FOR IMAGES OF THE INTER&CO LOUNGE, CLICK HERE

Read the full article

Via Inter&Co

 

Star Alliance member United Airlines is gearing up for its busiest Memorial Day weekend in the carrier’s history, with an astounding three million passengers expected onboard. This represents a 5% increase compared to last year.

Each day between May 23 and 28, more than half a million travelers will check-in, head to the airport, and then take a flight with the Chicago-based carrier. This number of passengers represents up to three takeoffs every minute, reaching 4,400 flights daily over the holiday period. With 25,000 more passengers per day than witnessed over Spring Break this year, the airline expects the busiest day as May 23, which will see 520,000 booked to travel.

Popular destinations

Escaping somewhere warm seems to be at the top of everyone’s Memorial Day travel list, with Orlando and Las Vegas remaining popular domestic choices; however, heading south of the border, the Mexican destinations of Oaxaca International Airport (OAX) and Tampico International Airport (TAM) seeing a 30% increase in demand, both of these destinations are served directly to Houston Intercontinental (IAH), by United, with Oaxaca only having international competition from close neighbor American Airlines, witit’s’s direct service to Dallas Fort/Worth.

Further afield, Vancouver, British Columbia, and Tokyo Narita, Japan, have seen year-on-year double-digit growth across the Memorial Day weekend.

Read the full article

By Aaron Bailey via SimpleFlying

Join DLA Piper in São Paulo for networking and cocktails

Please join us as we celebrate the opening of DLA Piper’s office in Brazil. Our team works as a foreign legal consultancy practice under US law to serve Brazilian and international companies with cross-border matters.

For registration, please contact DLAPiperAmericas@us.dlapiper.com

 

As bases da companhia em Foz do Iguaçu, no Paraná, e em Navegantes, em Santa Catarina, são os mais recentes terminais a adotar o APU Zero – iniciativa que reduz o uso de querosene das aeronaves em solo em mais de 70%

A Azul Linhas Aéreas, em parceria com o Aeroporto Internacional de Foz do Iguaçu/Cataratas, no Paraná, e o Aeroporto Internacional de Navegantes – Ministro Victor Konder, em Santa Catarina, iniciou a aplicação de um conjunto de ações para minimizar o uso do APU durante o embarque e desembarque dos voos da companhia. Com essa medida, dois dos mais relevantes aeroportos do Sul do país passam a fazer parte do grupo de 20 bases que contribuem para a diminuição de até 73% no consumo de querosene das aeronaves enquanto estão em solo.

O Auxiliary Power Unit (APU), ou Unidade Auxiliar de Energia, é um motor auxiliar localizado na cauda de alguns aviões, utilizado para manter os sistemas operacionais quando a aeronave está em solo. Graças ao programa e ao apoio dos aeroportos, os voos da Azul, ao aterrissarem, são prontamente conectados a uma fonte externa de energia elétrica e ar-condicionado, proporcionando conforto aos Clientes durante o embarque e desembarque, sem a necessidade de acionar o APU e consumir combustível.

O APU Zero, que já completa dois anos, teve o Aeroporto de Viracopos (VCP), em Campinas (SP), como pioneiro em abril de 2022.

Nesses dois anos de operação, a Azul economizou 50 milhões de litros de QAV (Querosene de Aviação), o equivalente a 20 mil voos entre os aeroportos de Congonhas (SP) e Santos Dumont (RJ). O programa também contribuiu para a redução de 128 mil toneladas de CO2, desempenhando um papel crucial na preservação ambiental e na mitigação das mudanças climáticas. Essa diminuição corresponde à absorção de CO2 por cerca de 5,8 bilhões de árvores em um ano.

Leia a reportagem na íntegra.

Por Luiz Fara Monteiro via Notícias R7

 

Launched on May 1, 2024, A&O Shearman demonstrates a longstanding commitment to the Brazilian economy, as evidenced by its legacy firms. Our team works with lawyers across our global network, continuing to pioneer and refine financial products, catering to Brazil’s dynamic market trends and delivering exceptional outcomes for our clients in Brazil and across Latin America. We have extensive expertise in capital markets, project development and finance (including in the infrastructure, energy, mining and agriculture sectors), M&A, corporate governance, dispute resolution and investigations, and are recognized for our innovative approach to complex legal challenges. Our team possesses deep knowledge of the Brazilian market and its legal nuances, Brazil’s diverse cultures and the forces shaping its political, regulatory and economic landscape.

Learn more about A&O Shearman

KPMG LLP, the U.S. audit, tax, and advisory firm, published its 2024 U.S. Impact Plan reporting the firm’s efforts and related metrics in environmental sustainability, social responsibility, and robust governance practices for the fiscal year ending September 30, 2023. This report details KPMG’s ongoing commitment to these areas since the release of its inaugural report in 2022.

Each year, the KPMG U.S. Impact Plan highlights the firm’s continued investments and accountability across four key pillars: People, Planet, Prosperity, and Principles of Governance. These pillars serve as the cornerstones of our business and are instrumental in driving our ongoing success as an industry leader.

Key highlights include:

1. PEOPLE: Empowering KPMG professionals and fostering their well-being, with a focus on 4 key areas

Growing capabilities, Working smart, Leading at every level, and Thrive@KPMG

2. PLANET: Reducing the firm’s greenhouse gas emissions

28% reduction in the sum of the firm’s scope 1 and 2 emissions since 2019 and more

3. PROSPERITY: Creating a world with equity and access to opportunity for all

$17.4 million in funds to organizations in support of the KPMG U.S. Foundation’s mission and vision of a world underscored by equity and access to opportunity and more

4. PRINCIPLES OF GOVERNANCE: Harnessing the power of artificial intelligence (AI)

Over the course of 2023, KPMG made generative AI capabilities available to all of its professionals and provided training and development offerings to help them effectively harness the technology to enhance the quality of client services and improve their own experience at the firm

“This work serves as the foundation for how we make the difference at KPMG and reflects our dedication to creating long-term value for our people, clients, society and the planet,” said KPMG U.S. Deputy Chair and COO Laura Newinski. “Through our journey, we aim to inspire others to take action and embrace sustainable practices by sharing insights that can empower others to make a positive impact and contribute to a more sustainable future.”

Read the 2024 KPMG U.S.Impact Plan

Learn more via KPMG

Global law firm Baker McKenzie and Estudio Echecopar, member firm of Baker & McKenzie International, have been shortlisted for a total of 22 Women in Business Law Americas Awards for 2024

The awards, launched in 2011, recognize the ground-breaking achievements by leading women lawyers across the Americas, as well as the most progressive law firms and in-house teams whose policies and initiatives support women in the practice of law. Baker McKenzie and Estudio Echecopar were also shortlisted in several law firm award categories. The full listing is available here.

Winners will be announced on June 13th at an in-person ceremony at the Union League Club in New York.

See the full listing

Via Baker McKenzie

The BTG Pactual Timberland Investment Group (TIG) announced that it has finalized fundraising for BTF II, with equity commitments, including co-investments, totaling US$ 1.24 billion, exceeding its target size.

BTF II focuses on mature timberland assets in well-established markets in Chile, Uruguay and Brazil and has already deployed a significant amount of its committed capital into five investments, diversified across geography, climatic zones, species, and end-markets.

“We are pleased to announce the final close for our core Latin America commercial timberland strategy, which seeks to capitalize on the region’s unique, secular attributes including ideal growing conditions, one of the most technologically advanced and productive forest industries in the world, and strong domestic markets for many forest products,” said Gerrity Lansing, Managing Director, Partner and Head of International Private Markets at BTG Pactual.

ABOUT TIG

The BTG Pactual Timberland Investment Group (TIG) is one of the world’s largest timberland managers with US$ 6.9 billion assets and commitments and nearly 3 million acres under management throughout the U.S. and Latin America (as of Q1, 2024).

Learn more

Via Business Wire

DLA Piper announces 63 lawyers have been promoted to its partnership. The promotions are effective as of 1 April in the United States and Canada, and 1 May for EMEA and Asia Pacific. Promotions have been made across all the firm’s practice areas, spanning 37 offices in 18 countries

Globally, Litigation has the largest intake of new partners, with 16 promotions; followed by Corporate with 13; 11 in Finance, Projects and Restructuring; and 10 in Intellectual Property & Technology. Other practice groups include Employment and Real Estate with four promotions each, Tax and Regulatory & Government Affairs with two promotions each and Pro Bono, with one new promotion.

Regionally, the US has the highest number of promotions with 20 new partners, followed by Continental Europe with 17 and Asia and the Middle East with two each. Other countries include the UK with 10, Canada with seven, New Zealand with three, and Australia with two.

Simon Levine, International Managing Partner and Global Co-CEO, commented: “This year’s promotions come at a time of exciting innovation in the legal sector on priority topics like ESG and AI. By acting as trusted business partners to our clients and by living our firm’s values of being supportive, collaborative, bold and exceptional, this cohort has contributed significantly to the success of our firm. I congratulate them all.”

Read the full list of partner promotions by office and practice

Via DLA Piper

Debevoise & Plimpton LLP has been named “Trademark Disputes Firm of the Year” at the 2024 Managing IP Americas Awards in recognition of the firm’s leading work on trademark-related disputes throughout the United States during the past year.

Additionally, Managing IP named David H. Bernstein, Chair of the Intellectual Property Litigation Group, to the “Litigator of the Year – New York” shortlist.

The Managing IP Awards program recognizes remarkable achievements and developments in the last year. It is one of the most comprehensive and widely respected IP law firm awards programs in the world and covers a broad range of IP practice areas and more than 30 jurisdictions.

The Debevoise Intellectual Property Litigation Group handles a wide variety of cases around the world, including trademark, trade dress and advertising disputes; copyright matters in media and entertainment; domain name and Internet disputes; right of publicity issues; and unfair competition, trade secret and patent cases.

Learn more

Via Debevoise & Plimpton LLP

Na segunda-feira (22/04), o Ministro dos Direitos Humanos e da Cidadania, Silvio Almeida, esteve presente em São Paulo – SP, na sede da Fundação Abrinq, para discutir estratégias de fortalecimento das políticas públicas em prol das crianças e dos adolescentes no País. Acompanhado pelo Secretário Nacional dos Direitos da Criança e do Adolescente, Cláudio Vieira, o ministro enfatizou a importância da cooperação entre os diferentes setores da sociedade para garantir avanços significativos na área.

Durante o encontro, Silvio Almeida destacou a necessidade de união de esforços entre o setor público, o setor privado e as organizações da sociedade civil para enfrentar os desafios e promover o desenvolvimento integral das crianças e dos adolescentes. Outro ponto abordado foi o direito de brincar, que Silvio Almeida considera essencial para o desenvolvimento saudável das crianças. Ele enfatizou a importância da Lei do Direito de Brincar e expressou sua preocupação com as crianças que são privadas desse direito.

O encontro entre o Ministro Silvio Almeida e a Fundação Abrinq representa mais um passo na construção de parcerias sólidas e efetivas em prol da defesa dos direitos das crianças e dos adolescentes no Brasil.

Fundação Abrinq e IBGE discutem estratégias para cooperação técnica

No dia 19 de abril, a Fundação Abrinq e o Instituto Brasileiro de Geografia e Estatística (IBGE) realizaram um encontro para iniciar conversas sobre possíveis formas de cooperação técnica. O foco principal da reunião foi a preocupação compartilhada sobre o impacto da juventude que não trabalha nem estuda na mão de obra e no crescimento do país nas próximas décadas.

Marcio Pochmann, presidente do IBGE, expressou a importância de compreender as causas deste fenômeno, afirmando que a força de trabalho do futuro já está em formação. “A mão de obra que atuará daqui a 50 anos já nasceu; desse modo, o Instituto se preocupa em descobrir as causas do desinteresse dos jovens pelo trabalho e estudo e ajudar o país a encontrar maneiras de solucionar esse problema”.

Já Rubens Naves, conselheiro da Fundação Abrinq, apresentou as iniciativas da organização. Naves ressaltou a importância de envolver os jovens que não estão inseridos em atividades educacionais ou de trabalho, destacando seu potencial para o futuro do país.

Leia a notícia na íntegra

Via Fundação Abrinq

Enlaza Therapeutics’ drugs form covalent bonds that lock the therapy onto its target. With cancer as its initial focus, the startup contends its approach could offer safety and efficacy advantages compared to currently available targeted therapies.

Treating cancer with medicines that tightly attach to their targets via covalent bonds is not a new concept in drug discovery, but it is picking up pace. Some companies are trying to improve this approach as they employ covalency to address elusive targets. These efforts, at least the publicly known ones, are focused on small molecules. Enlaza Therapeutics is working to bring covalency to biologic therapies and it has raised $100 million for efforts that include work in one of the hottest areas of cancer drug research.

The Series A financing announced Tuesday was led by the life sciences group of J.P. Morgan.

Besides J.P. Morgan, other participants in Enlaza’s new financing include earlier investors Frazier Life Sciences, Avalon Ventures, Lightspeed Venture Partners, and Samsara BioCapital. New investors in the startup include Amgen Ventures, Regeneron Ventures, Bregua Corporation, Pappas Capital, and Alexandria Venture Investments.

Learn the full article

By Frank Vinluan Via MedCity News

Inter&Co (NASDAQ: INTR), the company that controls Banco Inter in Brazil and the subsidiary Inter&Co Payments, is the pioneering financial super app serving over 30 million customers across the Americas.

The Inter ecosystem offers a broad array of services, including banking, investments, mortgages, credit, insurance, and cross-border tools. The super app also boasts a dynamic marketplace, linking consumers with shopping discounts, cashback rewards, and exclusive access to marquee events across the globe. The company is expanding rapidly, as evidenced by its naming rights sponsorship of Orlando’s professional soccer venue, now called Inter&Co Stadium. Focused on innovation and captivating member experiences, Inter&Co delivers comprehensive financial and lifestyle solutions to meet the evolving needs of modern consumers.

Learn more

Autoridades em proteção de dados do Brasil e da Colômbia palestraram durante a PrivacyRules 2024

No dia 11 de abril de 2024, TozziniFreire Advogados – um dos maiores escritórios full-service do Brasil – recebeu conferência sobre os desafios de proteção de dados e conformidade na América Latina. Entre os palestrantes estavam os representantes das autoridades de proteção de dados da Colômbia e do Brasil, respectivamente, Grenfieth Sierra (Superintendencia de Industria y Comercio – SIC) e Kátia Cardoso (Autoridade Nacional de Proteção de Dados – ANPD).

O evento foi dividido em três painéis, seguido por um momento para perguntas e respostas dos participantes. Luiza Sato, sócia de TozziniFreire Advogados, e Stella Vanegas, sócia-fundadora do escritório Vanegas Morales Consultores, apresentaram o objetivo e deram início à conferência.

“Foi admirável a participação da comunidade de Proteção de Dados representada por profissionais de diversos países da América Latina, incluindo as autoridades de proteção de dados do Brasil e Colômbia, unidos para discutir temas de tão alta relevância. É imprescindível trabalhar juntos e unir esforços, a fim de construir um mundo movido a dados que seja saudável, seguro e sustentável”, relata Luiza Sato.

Saiba mais

Publicação produzida pelas Áreas Cybersecurity & Data Privacy via TozziniFreire Advogados

From chatbots to pilot announcements, AI is starting to gain traction

When you board a United Airlines plane, the gate agents, flight attendants and others involved in making sure your plane leaves on time are in a chatroom coordinating a lot of the work that you, as a passenger, will hopefully never notice. Is there still space for carry-on bags? Did the caterer bring the missing orange juice? Is there a way to seat a family together?

When a flight is delayed, a message with an explanation will arrive by text and in the United app. Most of the time, that message is generated by AI. Meanwhile, in offices around the world, dispatchers are looking at this real-time data to ensure that the crew can still legally fly the plane without running afoul of FAA regulations. And only a few weeks ago, United turned on its AI customer service chatbot.

Jason Birnbaum, who became United’s CIO in 2022, manages a team of over 1,500 employees and about 2,000 contractors who are responsible for all of the tech that makes this happen.

Every flight has an AI story

United is quite bullish on AI, Birnbaum said. “I think the travel industry has so many different examples of where AI can be used both for the customer and for the employees.” One of those is United’s “Every flight has a story.”

Not that long ago, it was rather typical to get a notification when a flight was delayed, but no further information about it. Maybe the incoming flight was delayed. Maybe there was a maintenance issue. A few years ago, United started using agents to write short notices that explained the delay and sent those out through its app and as text messages. Now, pulling in data from its chat app and other sources, the vast majority of these messages are written by AI.

AI for pilots?

After creating the system that automatically writes the delay “stories” in the app, Birnbaum’s team is now thinking about where it can use the same generative AI technology. One area: those short briefings pilots usually give before takeoff.

“A pilot actually came up to me and said, ‘One of the things that some pilots are great at is getting on that speaker and saying, “Hey, welcome, everybody going to Las Vegas, blah blah.”’ And he said, ‘Some pilots are introverted; could you have an AI engine that helps me generate an announcement on the plane about where I’m going so that I could give a really good announcement about what’s happening?’ And I thought that was a great use case.”

Another area where generative AI may help pilots is in summarizing complex technical documents. But as Birnbaum rightly noted, everything that involves the pilot flying the plane is heavily structured and regulated, so it’ll be a while before the airline will launch anything there.

Learn more

By Frederic Lardinois via TechCrunch

The Truth & Trust Advisory Team transcends the traditional role of real estate agent, serving as dream architects devoted to transforming every transaction into a seamless experience

We are committed to transparency and building trust with our clients, always eager to offer access to exclusive properties and innovative sales solutions.

More so, we build personal relationships with our clients, sharing unforgettable moments with them while exploring NYC and assisting them in navigating the sales process.

Learn more about Truth & Trust Advisory Team or contact info@truthtrustadvisoryteam.com

With over 10 years of history, Apex is a platform for solid and structured investments and financial services that operates in the areas of Asset Management, Advisory, Investment Banking, and Research – being a reference in serving large corporations, institutional investors, and clients with consolidated wealth.

Through a strong proprietary distribution capacity, we offer structured products for the Brazilian regional markets, where capital is allocated. Today, the company is present in Espírito Santo, Paraná, and Santa Catarina, where it has established offices and more than 150 employees aligned with a unique culture.

In recent years, we have expanded around our core operations, building a resilient thesis even in the face of the challenging economic cycles faced by Brazil in the last decade. All this because we decided to explore the potential of the Brazilian regional markets, especially in states that have grown – significantly – above the national average.

The coming years will be even more promising. The path that will lead to becoming the leading Brazilian regional investment bank by 2030 is increasingly guided by a unified regional structure, always maintaining a commitment to the excellence and success of our clients.

Learn more about Apex Partners

Edu Lyra and Gerando Falcões International invite you to Benefit Dinner New York 2024

Join us in our mission to raise critical funds by purchasing tickets or making a donation.

Don’t miss out on our online silent auction, closing at 10pm on May 13th.

When
Monday, May 13th
Cocktails 6pm
Seated Dinner 7pm

Where
230 Fifth Rooftop
At 1150 Broadway
New York, NY 10001

Dress Code
Business Casual

———————————————————

Get tickets here or make a donation.

For any questions, please reach out to us at donorservices@gerandofalcoes.com.

Thank you for your continued support!

Learn more

Via Gerando Falcões

Cushman & Wakefield announced that the real estate services firm has earned the designation of VETS Indexes 5 Star Employer in the 2024 VETS Indexes Employer Awards. The award recognizes the organization’s commitment to recruiting, hiring, retaining, developing and supporting veterans and the military-connected community

“The extraordinary efforts of Cushman & Wakefield to hire, retain and support veterans and the military-connected community have earned the organization one of our highest awards,” said George Altman, President of VETS Indexes

This year, a record 344 organizations submitted completed surveys for the VETS Indexes Employer Awards, an increase of more than 100 from last year and nearly triple the number from two years ago. Of those, VETS Indexes recognized 285 organizations across the following award levels: 5 Star Employer, 4 Star Employer, 3 Star Employer and Recognized Employer.

This in-depth survey and recognition program analyzes employers’ policies, practices and outcomes in detail, across the following 5 categories:

  • Veteran job candidate recruiting and hiring
  • Veteran employee development and retention
  • Veteran-inclusive policies and culture
  • Support for members of the National Guard and Reserves
  • Military spouse/family support

For more information, click here.

Via Business Wire

King & Spalding, which received The American Lawyer’s Best Law Firm of the Year award in late 2023, has achieved notable success in recent years, growing its revenue and profits, key offices and international presence, all without a merger

Its financial growth was particularly remarkable during the pandemic, as the litigation powerhouse targeted growth across the energy, food and beverage, and health care sectors when other industries were stagnant, according to one analysis.

The Atlanta-founded firm steadily increased its revenues over the years before breaking the $2 billion mark in 2022—and will top that mark and other metrics in 2023, said longtime chairman Robert Hays in an interview this month. The firm’s revenue growth has consistently beaten the Am Law 100 collective growth rate each year for the past several years.

King & Spalding has expanded in major U.S. markets like New York and in growing international regions like Saudi Arabia throughout the year, said Hays, who has served as chairman since 2006 and was reelected earlier this month (January, 2024).

King & Spalding beat out seven other firms for the Best Law Firm of the Year award and also won awards for Attorney of the Year (Sally Yates), and Best Client-Law Firm Team (King & Spalding and Blackstone Credit). It was a finalist for Managing Partner of the Year (Robert Hays), Best Provider Collaboration, Litigation Department of the Year for Product Liability, and Georgia Litigation Department of the Year.

The report also stated that “energy was the only bright spot” in the stagnant economy during the pandemic and King & Spalding was among firms that “made sustained investments in talent depth and market reputation” in that sector.

Regional to Global

Hays, in the interview, cited an award factor mentioned during the presentation ceremony in New York: the firm’s history in recent decades of moving from being a regional firm to a “national
and global firm.”

King & Spalding expanded from its “flagship” Atlanta office in 1989, to 13 U.S. and 10 foreign offices with more than 1,300 lawyers today, according to firm information.

In 2023, after years of operating offices in the United Arab Emirates, the firm’s longtime affiliation with a local firm led to Saudi Arabia’s Ministry of Justice awarding King & Spalding a foreign law license.

Click here to learn more

Via ALM Global Law.com

 

New partners set to boost strategic areas and business development at the firm, whose partner count now rises to 144

Mattos Filho has announced seven lawyers have been promoted to the firm’s partnership. The new partners work across six different practice areas: Litigation & Arbitration, Finance, Asset Management Services & Investment Funds, Infrastructure & Energy, Corporate/M&A, and Tax.

With a keen eye on the demands of the most diverse sectors of the economy and the needs of the market, the promotion of lawyers follows the strategy of expanding business development, as well as generating opportunities and developing internal talents.

Six of the seven new partners are women. In the last five years, internal partner promotions at the firm have been practically even in terms of men (31) and women (29) – 52% and 48%, respectively. This statistic reflects Mattos Filho’s push to offer equal opportunities and develop female leadership at the firm.

The new partners are listed below (alphabetical order):

  • Joana Pimentel – Corporate/M&A – São Paulo;
  • Ligia Godoy – Litigation & Arbitration – São Paulo;
  • Marcelo Guimarães – Tax – São Paulo;
  • Maria Fernanda Fidalgo – Asset Management Services & Investment Funds – São Paulo;
  • Natalia De Santis – Finance – Rio de Janeiro;
  • Natália Mauad – Infrastructure & Energy – São Paulo;
  • Natalie Matos – Tax – São Paulo.

Learn more

Via Mattos Filho

Azul Linhas Aéreas Brasileiras, one of Brazil’s three major carriers, announced it would relaunch operations from its hub at Aeroporto Internacional de Recife-Guararapes to Orlando and Fort Lauderdale

Azul is Brazil’s largest carrier by number of flights and destinations served. Founded in 2008 by David Neeleman, the carrier has grown rapidly and become the airline many Brazilians consider the best in the nation. Compared to LATAM Brasil, its international long-haul operations are limited, with only four cities served: two in the United States and two in Europe.

The airline announced that from June 5, it would be resuming flights from its hub at Aeroporto Internacional de Recife-Gurarapes to Orlando International Airport and Fort Lauderdale-Hollywood International Airport. Flights were suspended last month due to capacity restraints with its widebody fleet, but with the acquisition of new (to the airline) aircraft, Azul can resume flights just three months after suspending them.

Unlike most routes from the United States, where aircraft remain on the ground in Brazil for the entire day before flying back to the US overnight, Azul will fly to the US during the day, and its return legs will operate overnight.

Learn more

Reporting by Lukas Souza via Simple Flying

BNY Mellon, the global financial services company, is collaborating with Accenture, a leading professional services company, to modernize financial services offerings with an initial focus on data management and analytics product development and delivery.

Combining Accenture’s data, AI, and platform engineering expertise with BNY Mellon’s comprehensive financial data and analytics services will help accelerate the introduction of new services across private markets and wealth management technology, as well as support expansion into new markets. With the expertise and platforms to help clients achieve their goals, BNY Mellon will also work with Accenture to create exceptional client experiences. The two companies plan to further collaborate on bringing the newly developed services to market in the future to transform the financial services industry.

The collaboration of Accenture and BNY Mellon is the latest announcement by BNY Mellon as part of its technology and ecosystem strategy focused on building new solutions to help its clients grow their businesses. BNY Mellon’s Data & Analytics business recently announced a strategic alliance with Microsoft, focused on transforming the capital markets through leading data management solutions for its buy-side and sell-side clients.

About BNY Mellon
BNY Mellon is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For 240 years we have partnered alongside our clients, putting our expertise and platforms to work to help them achieve their ambitions. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. We support governments in funding local projects and work with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of December 31, 2023, we oversee $47.8 trillion in assets under custody and/or administration and $2.0 trillion in assets under management.

Learn more

By Jessica Thomas via BNY Mellon

Brazil’s Cutrale group, a leading global supplier of orange juice, will invest 500 million real ($100.55 million) to plant the fruit in Mato Grosso do Sul state in a bid to expand into regions with lower pressure from greening disease, according to state authorities.

The cureless disease has partly damaged trees in Brazil and destroyed most of them in the United States, causing orange juice prices to skyrocket.

The government of Mato Grosso do Sul, in Brazil’s center-west, said the company will plant 5,000 hectares with oranges in the town of Sidrolandia, according to a statement late on Wednesday.

Mato Grosso do Sul said Cutrale is expected to plant 1.73 million orange trees on irrigated fields there, adding in the future the company could set up a processing facility in the area.

Cutrale confirmed to Reuters it “met with the government of Mato Grosso do Sul to discuss investments in the region’s citrus industry.” But the company added it could not elaborate on the tentative project, making the timeline for implementation of the fields unclear.

Learn more

Reporting by Roberto Samora; Writing by Ana Mano; Editing by Aurora Ellis via Reuters

Com a compra, o Banco Master passa a atender mais de 10,5 milhões de clientes

O Banco Master anunciou, na sexta-feira (23/02), a aquisição do will bank, banco digital que conta com mais de seis milhões de clientes e forte presença no Nordeste. Com a negociação, o Master passa a ser majoritário no banco digital, que tem também o fundo de private equity da XP como sócio.

Desta forma, o Banco Master passa a atender mais de 10,5 milhões de clientes e espera expandir a base do will bank, oferecendo cartão de crédito, seguros e outros serviços, de acordo com o comunicado enviado pela companhia ao mercado.

“Com a aquisição do will bank, passamos a ter um ecossistema digital completo, com tecnologia robusta e capilaridade na distribuição de produtos financeiros”, afirma Daniel Vorcaro, Presidente do Banco Master.

Leia a reportagem completa

Via Forbes

Global Data Review (GDR) has, for the fourth consecutive time, named White & Case LLP to its Global Elite list.

Sitting atop the GDR 100 ranking of the world’s leading data law firms, these 25 “exceptionally good” practices are noted for their international reach and “top-of-the-market” work.

White & Case is ranked #2 overall, and in the top three in the following categories:

  • Data protection advisory: This category highlights firms advising on “the most complex cross-border projects.”
  • Non-personal data advisory: This category focuses on firms’ work in areas such as “the collection and use of data used to train AI (and, more recently, bespoke regulatory advice on AI models’ operation), critical infrastructure cybersecurity rules like the EU’s NIS 2 Directive, or companies seeking advice on how best to protect their valuable proprietary data from espionage or hacks.”
  • Investigations: This category considers firms’ work with “their most demanding clients,” in which “successful teams handled multiple jobs over the relevant period, showing that clients frequently turned in their direction when the going got tough.”
  • Litigation: This category identifies firms that were “frequently able to get good results,” noting that “getting decisions overturned on appeal or persuading regulators not to take matters further are signs of excellent lawyering, especially in a principles-based field where grey areas abound.”

Tim Hickman, partner and head of the Firm’s Data, Privacy & Cybersecurity practice, said: “These rankings reflect our commitment to helping clients successfully navigate complex AI, data, and cyber challenges around the world.”

GDR’s profile of White & Case described the Firm’s “ability to handle complex work spanning multiple jurisdictions for some of the world’s most demanding clients” and “cross-industry excellence.” One client noted the team’s “outstanding performance,” while another said, “The responsiveness of the partners and the pragmatic advice really sets them apart.”

Via White & Case

Depois de lançar o Magalu Cloud em dezembro do ano passado, o Magazine Luiza quer começar a escalar seu negócio de nuvem pública.

A varejista, que marca presença na segunda edição do Web Summit Rio com a presidente Luiza Trajano, anuncia ao público nesta terça-feira os três primeiros serviços oferecidos pela plataforma com foco em armazenamento, segurança e identidade.

A gigante do varejo brasileiro aposta no mercado de infraestrutura de nuvem desde 2021, mas só no ano passado abriu os serviços para consumidores. Até o momento, há cem clientes PJ e cerca de 700 pessoa física — todos vindos por indicações e redes de contatos do Magalu, explica Christian Reis (Kiko), diretor da Magalu Cloud.

Clientes dos setores de varejo, saúde, tecnologia e industrial já utilizam o serviço de nuvem desde o ano passado, mas esta é a primeira vez que o Magazine Luiza passa a oferecer a plataforma ao público em geral. Para isso, a empresa acelerou investimentos, reforçou as operações de software e realizou testes de carga para atender a demanda.

Agora, com o início da oferta ao público em geral, a Magalu Cloud se diz pronta para atender o mercado e para ampliar sua participação no setor. Os serviços passam a ficar disponíveis a partir de hoje ao público em geral e podem ser contratados pelo site. A plataforma é voltada tanto para desenvolvedores quanto startups e empresas de maior porte.

Parceria com a Dell

O Magalu Cloud está lançando três serviços: um de armazenamento de dados escalável (object storage), uma solução de gerenciamento de contas corporativas e colaboradores, fornecedores ou terceiros (chamado Turia IAM) e outra de autenticação integrada, em que o usuário acessa diversos serviços online por meio de uma conta única (ID Magalu).

Uma das estratégias para acelerar o crescimento do negócio foi firmar uma parceria com a Dell na frente de object storage e assim já chegar a mais clientes. A ideia é que os clientes da Dell passem a aproveitar o Magalu Cloud para fazer backups de volumes grandes de dados ou transferir novos dados para a plataforma, otimizando o tempo que uma máquina física própria de armazenamento exigiria.

Com a concorrência altíssima ao expandir a sua empresa para os Estados Unidos, o serviço de busca de estratégias e conhecimento local realizado pela empresa Dispatched Business Studio, tornou-se fundamental para que as chances de sucesso sejam maiores.

A empresa, que tem sua sede localizada em Nova York, e possui como sócios-fundadores o brasileiro Rodrigo Castello Branco e a estadunidense Fabíola Ordóñez, está promovendo um modelo de consultoria que vem gerando repercussão em toda a América Latina.

A Dispatched, que é considerada uma modern advisory firm (empresa moderna de consultoria), promove para seus parceiros uma minimização dos custos e o afastamento dos riscos ao se estabelecer empresas nacionais em território dos Estados Unidos ao simplificar as etapas de lançamento e expansão das empresas em todas as etapas, por meio de um conjunto de serviços e de networking que proporcionam a capacitação dos empreendedores, para que estes tenham uma maior assertividade e sucesso na realização de seus objetivos.

Leia a reportagem na íntegra.

Por Analice Nicolau via Jornal de Brasília

Brunswick is a strategic advisory firm focused on critical issues and critical stakeholders at the center of business, politics and society. Our purpose is to help our clients – the leaders of large, complex organizations – understand and navigate these interconnected worlds.

From financial situations through to capital markets, regulatory and public affairs, social issues, crisis, cyber, employee engagement and litigation, clients rely on Brunswick for insight, advice, preparedness and campaigns.

Learn more here

Love Together Brasil is a non-profit, non-governmental organization based in Piancó, Paraíba.

The idea to establish Love Together Brasil was born in 2014, inspired by Geralda Sarraf, a native of Piancó who lives in New York, and her American friend Kristen Campagna.

The idealism and altruism of the friends became a reality, with the help of friends and volunteers, starting in April 2015, when Love Together Brasil, officially established, began its work in underprivileged communities in the hinterlands of Paraíba.

The goal of Love Together Brasil is to carry out, with the support of volunteers and the partnership of companies and public and private institutions, specific actions in education, health, and water supply.

In the last three years, the activities of Love Together Brasil have been intensified to alleviate the problem of water scarcity in underprivileged communities in the Northeast region, notably in Paraíba, with the drilling/installation of artesian wells in Daycares, Schools, Hospitals, and Urban and Rural Communities, through the “WATER FOR THOSE WHO ARE THIRSTY” Project, benefiting thousands of people.

Through this project, with the help of donors and volunteers, Love Together Brasil has delivered 50 (fifty) artesian wells, contributing to improving the living conditions of approximately 150,000 people in the Metropolitan Region of the Vale do Piancó, which covers 18 (eighteen) municipalities in the hinterlands of Paraíba.

In addition to carrying out specific actions in Education and Health, our mission is to bring potable water to underprivileged communities in the northeastern hinterland, promoting the socioeconomic development of regions affected by frequent droughts, intense heat, and water scarcity.

See other projects carried out by Love Together Brasil.

Learn more

Whether interested in entering new global markets or accelerating their business in the US, clients benefit from the “one-stop shop” approach at Dispatched.

Dispatched Business Studio is a platform of trusted advisors working in collaboration with businesses, brands, and innovative founders. This new model of an advisory firm provides curated business solutions that tap into a unique network of experts across a broad range of industries in the US and internationally.

Dispatched’s mission is to simplify and elevate the process of launching and expanding companies at all stages by delivering a comprehensive suite of services, expertise, and connections that empower entrepreneurs, innovators, brands, and investors to strategically accelerate.

The definition of ‘dispatch’ is to send off purposefully and to deal with tasks efficiently, which reflects the founders’ inherent ability to rapidly organize complex projects and manage tasks and teams through a detail-oriented approach.

Fabiola Ordonez and Rodrigo Castello Branco are creative former practicing attorneys with multicultural backgrounds and entrepreneurial mindsets who practiced law at major international firms and the world’s largest asset manager. With over fifteen years of combined experience, they have structured, led, negotiated, and closed countless transactions amounting to billions of dollars in deal value for private and public companies across various industries.

Based in New York, with personal and professional experiences spanning the Americas, Europe, and Asia, they bring a fresh and dynamic approach to the ‘square’ stereotype of advisory firms. Fabiola and Rodrigo identified a gap in clients’ needs for bespoke and efficient business services and guidance outside of law – a true handholding.  With that in mind, they departed from the practice of law to create this new concept of a ‘business studio’, where they offer a “one-stop shop” model to US and LatAm based clients.

Learn more.

Via AP News

“Diversidade é questão central da nossa gestão”, diz presidente do BB, que recebe prêmio da ONU

Tarciana Medeiros, presidente do Banco do Brasil, está entre os CEOs e empresas que conquistaram o Prêmio Ambição 2030 da ONU (Organização das Nações Unidas).

Na sua primeira edição, o prêmio reconheceu iniciativas de inclusão étnico-racial e equidade de gênero e foi anunciado na quinta-feira (14/03) em evento na sede da ONU, em Nova York.

Tarciana foi premiada como CEO de destaque com as iniciativas “Raça é Prioridade” e “Elas Lideram”, que têm como objetivo alcançar a paridade de pessoas negras e de mulheres na liderança, respectivamente, até 2030. “A diversidade é questão central da nossa gestão e temos conquistado importantes resultados tanto para equidade de gênero como para a inclusão da população preta e parda”, diz a CEO.

Diversidade no centro da gestão

Desde que assumiu, em janeiro de 2023, a presidenta, como gosta de ser chamada, tem levantado pautas de diversidade e sustentabilidade dentro do banco mais antigo do país, com 215 anos.

Sob sua gestão, o banco estabeleceu metas públicas e concretas em sustentabilidade e inclusão, criou um comitê de diversidade e tornou-se embaixador dos compromissos da ONU. “Essas ações priorizadas na estratégia do BB têm demonstrado impacto positivo para clientes, funcionários, fornecedores e demais parceiros estratégicos, contribuindo para a inclusão financeira e a geração de trabalho e renda.”

Para além do discurso e dos resultados financeiros que vem trazendo, Tarciana Medeiros levou mais mulheres para a diretoria e um executivo negro para liderar a BB Asset Management.

O Banco do Brasil também foi homenageado por suas medidas dedicadas à promoção da igualdade de gênero e inclusão étnico-racial. A instituição está presente na premiação nas categorias “30% de pessoas negras ou indígenas em posição de liderança até 2025” e “Apoio ao empreendedorismo de mulheres através das cadeias de suprimentos e marketing, com implementação de práticas de desenvolvimento empresarial que empoderem as mulheres”.

Leia a reportagem completa

Via Forbes Brasil

Join us at the Miami Dade College’s 41st Annual Miami Film Festival, in collaboration with 28th Inffinito Brazilian Film Festival, for an exceptional cinematic experience featuring two captivating Brazilian films on April 10th and 12th.

TOLL

  • When: Wednesday, April 10, 7:00 PM + Q&A @ Silverspot Cinema 11
  • Directed by: Carolina Markowicz
  • Synposis: Suellen, a Brazilian toll booth attendant and mother, becomes entangled with a group of thieves in a desperate attempt to support her family. She discovers she can exploit her position to earn extra money for what she believes is a noble cause: sending her son to an expensive gay conversion workshop led by a renowned foreign priest. However, her actions set off a series of unforeseen consequences, leaving few satisfied, except perhaps the thieves.

MAYA AND THE WAVE

  • When: Friday, Apri 12, 7:30 PM + Q&A @ Silverspot Cinema 12
  • Directed by: Stephanie Johnes
  • Synposis: Maya Gabeira, raised in Brazil with aspirations to compete in surfing, faces not only the challenges of mastering the ocean through dedication and training but also the entrenched chauvinism within the male-dominated sport. Critics constantly question her abilities, yet Maya remains undeterred. In Maya and the Wave, we accompany Gabeira on her journey to shatter world records in Nazaré, Portugal, renowned for its towering waves.

Register for free on our platform

Via Inffinito

Reconhecido pela sétima vez como escritório do ano em uma das principais premiações do mercado jurídico, Mattos Filho também é líder em números de prêmios na edição 2024, com conquistas em cinco categorias

O Mattos Filho recebeu o principal prêmio do Chambers Brazil Awards 2024: Brazil Law Firm of the Year. É a sétima vez que o escritório é reconhecido como o melhor do ano no país, o que o torna recordista nesta categoria. Durante a cerimônia, realizada no último dia 21/3, em São Paulo, o Mattos Filho recebeu outros quatro reconhecimentos, sendo o líder em número de premiações desta edição.

O Chambers Brazil Awards é uma das principais premiações do mercado jurídico e reconhece os escritórios de advocacia do país por sua excelência técnica, atendimento ao cliente e crescimento estratégico. Para o Mattos Filho, esse resultado reflete o trabalho estratégico dos profissionais no atendimento jurídico de excelência que é prestado aos clientes.

Confira todas as conquistas!

Via Mattos Filho

 

Finocchio & Ustra (FIUS) is a full-service law firm, with a team of approximately 250 people. FIUS has a relevant history of success cases resulting from its strategic way of acting and business acumen. Focused on understanding and improving its clients’ businesses, the firm places the client at the center and harnesses multidisciplinary efforts to mitigate risks and deliver strategic, innovative, reliable and effective solutions. The team is its best asset, and FIUS is incredibly proud to have an extremely talented team that acts freely in an ethical and collaborative environment. The firm’s core values are based on respect, innovation, excellence, and preparing for coming corporate challenges. Headquartered in Campinas for 22 years, with branches in Ribeirão Preto, São José dos Campos and São Paulo, FIUS has a strong presence in the countryside of the state of São Paulo, as well as correspondents throughout Brazil and abroad.

Learn more.

 

A PwC Brasil e a Fundação Dom Cabral (FDC) têm o prazer de anunciar sua parceria para o desenvolvimento de um dashboard personalizado que revela o índice de Transformação Digital através do ITDBr!

O ITDBr é um índice nacional que mensura e analisa os avanços, percepções e perspectivas sobre os principais pilares corporativos que impulsionam a transformação digital. Ele oferece dados personalizados para grandes e médias organizações, além de startups em diversas indústrias no Brasil.

O público-alvo desta pesquisa são os gerentes e cargos superiores das áreas de tecnologia, TI, inovação ou transformação digital. 

Como forma de agradecimento pela participação, os participantes receberão em primeira mão os resultados da pesquisa e terão acesso ao dashboard exclusivo para análise de seu posicionamento. Esta é uma oportunidade única de obter insights valiosos sem custo adicional.

O preenchimento do questionário pode ser realizado até o dia 22/03 e leva menos de 20 minutos para ser concluído.

Não deixem de participar! Juntos, estamos impulsionando a transformação digital no Brasil.

 

Capital Markets | Brazilian Authority Updates Rules For Eligible Underlying Assets of CRI and CRA; Reimbursement of Expenses Remains Restricted

The National Monetary Council (CMN) promoted specific adjustments to regulation that substantially impacted the offering of Agribusiness Receivables Certificate (CRA) and Real Estate Receivables Certificate (CRI) by agribusiness and real estate related companies, respectively.

See below the changes that Resolution No. 5,121, of March 1st, made to Resolution No. 5,118:

1. The Definition of “Debt Instruments” Does Not Include Commercial Contracts: The wording of Resolution 5.118 generated doubt among market agents whether or not it included contracts of a commercial nature, which are common in securitization transactions.

The CMN clarifies, through Resolution 5.121, that contracts of a commercial nature, such as rental contracts, purchase and sale contracts and usufruct contracts related to real estate, can be used as underlying asset for CRA and CRI offerings.

2. Possibility of Issuing CCI as Backing for CRIs: The revised regulation now allows debt instruments whose issuers are not characterized as debtors, co-debtors or guarantors to also be backed by CRA and CRI, such as the Real Estate Credit Certificate (CCI), which is a title issued by a real estate lender.

3. Prohibition of Backing with Debt Instruments of Financial Institutions: Another amendment to Resolution 5.118 sought to restrict the application of the new prohibitions to financial institutions or their respective subsidiaries.

4. Possibility of CRI Offerings for Reimbursement of Expenses Remain Prohibited: One of the points that market agents expected that the CMN would review was regarding offering of CRI for reimbursement of expenses.

Resolution 5.121 did not change the restriction imposed by Resolution 5.118 that CRAs and CRIs cannot contain as collateral credit rights “arising from financial operations whose resources are used to reimburse expenses”.

Although the changes introduced are welcome, the CMN should have also allowed the possibility of CRI for reimbursement of expenses, which is a typical real estate transaction and brings liquidity to the sector.

 

Dispute Resolution | New “Electronic Judicial Domicile” System in Brazil: Mandatory Registration of Brazilian Companies Must Be Completed by May 2024

According to the Brazilian National Council of Justice (CNJ), registration is mandatory for all companies that are registered in Brazil (i.e., that have a taxpayer number, so-called “CNPJ”), except if they are classified as “micro” or “small” company. Such registration must be completed by May 30th, 2024.

After such deadline, (i) inclusion will be automatic, based on Brazilian Federal Revenue data, (ii) all procedural communications sent via Electronic Judicial Domicile will be deemed acknowledged and valid, (iii) the company will be exposed to penalties and procedural sanctions for non-compliance with such judicial communications (including default of appearance and possible convictions) and (iv) if the company does not use the portal and/or does not respond to procedural communications, a fine will be imposed.

The Electronic Judicial Domicile is a platform that concentrates all communications and subpoenas, issued by Brazilian courts and directed to companies, on a single system. It is worth mentioning that the system encompasses all Brazilian courts, regardless of the jurisdiction (for example, civil, federal, labor, tax courts and even superior courts).

The purpose of the system is to facilitate procedural communications, standardize access to such subpoenas and expand the digitalization of the Judiciary. As its use will be mandatory, companies must designate an employee/third party to periodically access the portal and train them to operate the platform – so that they perform the filtering and forward such communication to an external lawyer hired by the company.

According to the rules of the Electronic Judicial Domicile system, all summonses will be deemed read and valid after 3 business days, and all notifications after 10 business days, starting the procedural deadlines. Also, in case of failure to confirm receipt of the summons, the company will be subject to a fine of up to 5% of the value of the claim.

It is important to highlight those communications directed to retained lawyers and/or lawyers already with powers in legal proceedings will not be affected by the new system. The Electronic Judicial Domicile only encompasses communications that are targeted by the Courts directly to companies, as is the case with summonses (i.e., for new claims, in which there is no appointed lawyer yet) or personal subpoenas (in which the communication is made to the party, and not via a lawyer).

 

Labor | Brazilian Superior Labor Court Denies Award Bank Employee Status To Former Employee of Payment Methods Fintech

The 4th Panel of the Brazilian Superior Labor Court (TST) recognized that employees of a fintech of payment methods cannot be equated with bank employees, even if only for the purposes of labor and employment rights.

The actions that have reached the TST seek to classify payment method companies in the financial category, in which case the employment contract becomes governed by the collective bargain agreement of bank employees, generally more advantageous, such as, for example, working hours six hours a day (30 hours a week).

However, the activities of payment method companies are incompatible with those of financial institutions in the eyes of the Brazilian Central Bank, due to an express legal prohibition. The activity of means of payment is governed by Law No. 12,865, of 2013, which provides for payment arrangements and payment institutions that are part of the Brazilian Payment System (SPB – Brazilian Acronym), which expressly prohibits the performance of these companies in activities carried out by institutions financial institutions regulated by the Brazilian Central Bank.

In this case, the Brazilian Regional Labor Court of Rio de Janeiro had understood that the evidence demonstrated that the company acted as a financial company and not just as a payment method company, because in addition to managing credit cards, the company allegedly performed services of “ credit, financing or investments”.

The fintech appealed the decision to the Superior Labor Court (TST – Brazilian Acronym), and, for the Reporting Judge of the case at the TST, Judge Maria Cristina Peduzzi, as credit card operators act only as intermediaries between the end user, commercial establishments and financial institutions, which are regulated by the Central Bank of Brazil, payment method companies do not, as a rule, qualify as financial institutions.

The Reporting Judger highlighted that “the classification of the activities carried out by the employee as belonging to a (non-financial) payment institution is sufficient to remove the status of a financial institution”, since intermediation and services do not mean that they actually performed the services of financial institutions.

We highlight that, fortunately, this decision is in line with the majority understanding of the TST on the subject, which, since 2020, has been taking a position in the sense that employees of fintechs, and other means of payment, act in fact as banking correspondents and cannot be classified as banking or financial institutions, therefore recognizing the regularity of the companies before the Brazilian Central Bank and the absence of labor rights for bank employees to the employees of these companies.

Via Feijó Lopes Advogados 

Novas Perspectivas – Fundos (impactos: jurídicos, fiscais e tributários)

Wed, Mar 6, 2024 9:00 AM BRT

Programação:

09:00 – 09:20 Abertura/Avisos/Pesquisa
09:20 – 09:35 Palestrante: Gisele Sterzeck (BR)
09:35 – 09:55 Palestrante: Ana Gaertner (BR)
09:55 – 10:25 Palestrante: Eduardo Alves (BR)
10:25 – 10:55 Palestrante: Flavia Fernandes (BR)
10:55 – 11:00 Perguntas e Respostas (Q&A)
11:00 – 11:00 Encerramento

INSCREVA-SE AQUI.

Dispatched Business Studio – a modern take on an advisory firm – offers a one-stop shop approach to LatAm and US based companies looking to enter new global markets or accelerate their businesses in the United States.

Dispatched is a platform of trusted advisors working in collaboration with businesses, brands, and innovative founders. They provide curated business solutions that tap into a unique network of experts across a broad range of industries in the United States and internationally. Implementing their expertise and connections save their clients time and resources, and allows them to focus on their core businesses and passions.

Learn more.

Brazil Transactions – Industry Insights, Winter 2024

1,400 M&A transactions were registered in Brazil in 2023, a 9.3% decrease in the number of announced transactions.

2023 period registered 22 follow-ons, raising over BRL 32 billion (+USD 6.4 bn). For the second consecutive year, there were no IPOs.

Total market capitalization of the Brazilian Stock Exchange (Bovespa) as of December 31, 2023, was over USD 874 bn.

Read full report.

Via KROLL

 

 

For more information, please contact:

Alexandre Pierantoni
Managing Director
Head of LATAM and Brazil Corporate Finance
Sao Paulo
+55 11 3192 8103
+55 11 9 5500 8151
alexandre.pierantoni@kroll.com

José Thompson
Director, Corporate Finance
Sao Paulo
+55 11 3192 8108
+55 11 9 8689 4026
jose.thompson@kroll.com

 

Instituição ganhou a atenção de várias personalidades, entre elas a bilionária MacKenzie Scott, a cantora Selena Gomez e o piloto de F1 Lewis Hamilton

Os desafios de todo tipo enfrentados pelo Brasil chamam a atenção do mundo, gerando comoção entre várias personalidades. A Brazil Foundation, com sede em Nova York e um escritório no Rio de Janeiro, foi criada em 2000 por Leona Forman, após se aposentar de suas atividades na ONU (Organização das Nações Unidas). Na época, com apoio de figuras ilustres, entre elas a antropóloga e pesquisadora Ruth Cardoso (também ex-primeira dama e que faleceu em 2008), Forman fundou a instituição com o objetivo de servir como ponte entre doadores nos EUA e ações afirmativas no Brasil.

Não demorou muito para atrair a atenção de famosos, interessados em fazer doações ao país. A modelo Gisele Bündchen é um exemplo: criou o Fundo Luz Alliance para captar recursos e apoiar iniciativas de preservação e recuperação de rios, mata ciliares e aquíferos. A Brazil Foundation auxiliou Bündchen na aplicação dos recursos, buscando as iniciativas que atendiam aos requisitos da instituição e eram de fato efetivas.

Por Francisco Stefanelli via Forbes Brasil 

Leia matéria na íntegra.

 

 

 

O Banco do Brasil foi considerado o mais sustentável do mundo pela consultoria Corporate Knights, que avalia o desempenho em sustentabilidade corporativa de cerca de 7.000 empresas de capital aberto mundo afora com receitas brutas acima de US$ 1 bilhão. Foi a quinta vez que o BB foi o banco mais bem avaliado entre as 100 empresas mais sustentáveis. Além disso, pela primeira vez, a instituição figurou entre as dez organizações mais bem colocadas, ocupando a sexta posição.

A avaliação da Corporate Knights leva em conta 25 indicadores econômicos, ambientais e sociais, relativos a receitas e investimentos sustentáveis, promoção da descarbonização, diversidade racial e de gênero.

“Este reconhecimento evidencia nossa atuação consistente no tema ASG sigla para boas práticas ambientais, sociais e de governança. Em 2023, reforçamos ainda mais este nosso trabalho, com a criação de uma Unidade Estratégica para conduzir de modo transversal as pautas ambientais, sociais e de governança no banco”, afirma a presidente do BB, Tarciana Medeiros, em nota. “Temos compromissos públicos e com metas concretas em cada uma dessas frentes, atuando de modo voluntário, protagonista e como verdadeiros líderes em sustentabilidade empresarial no Brasil e no mundo.”

Além das metas e estruturas internas voltadas ao tema, o banco tem uma carteira de R$ 338,2 bilhões em créditos com pegada sustentável. São empréstimos e financiamentos para atividades e setores que têm impactos sociais e ambientais positivos, como energias renováveis, eficiência energética, produção sustentável de alimentos e desenvolvimento local e regional.

“Estamos em um momento em que nossas ações e compromissos para um mundo mais sustentável, conectados aos Objetivos de Desenvolvimento Sustentável da ONU, convidam todos os públicos de relacionamento a assumirem responsabilidades diante das mudanças climáticas e seus efeitos na vida das pessoas e comunidades no presente e no futuro”, diz o vice-presidente de Governo e Sustentabilidade Empresarial do banco, José Ricardo Sasseron.

Via Isto é Dinheiro

Leia o artigo na íntegra.

A Lei da igualdade salarial é um novo capítulo para a equidade no ambiente de trabalho. Com novas obrigações, a legislação traz janelas de oportunidades para todas as empresas, tendo a compreensão jurídica de suas implicações e o engajamento de lideranças como pilares fundamentais para a adequação à Lei.

No evento ‘Lei da Igualdade Salarial: desafios, estratégias e possibilidades’, nossa sócia Silvia Figueiredo Araújo Schnitzlein e a associada Andressa Gudde recebem especialistas do mercado para apresentar perspectivas e desafios, propondo caminhos para que as empresas estejam preparadas para lidar com todos os possíveis desdobramentos da Lei 14.611/2023.

O time de debatedores é composto por Flávia Lisboa Porto (Reckitt), Marcela Pietrobom (Medtronic), Fernanda Frezarin Kazakevicius [Ela/Ella/She] (Unilever) e Gianfranco Cinelli (Hidrovias do Brasil).

O evento será presencial em São Paulo, no dia 27 de fevereiro, e contará com transmissão online.

Para inscrições e mais informações, acesse: https://bit.ly/3T3urXR

Novas Perspectivas
Planejamento e execução estratégica (passos críticos)

Com Gerson Charchat (sócio, PwC) e Felipe Bovolon (diretor, PwC)

Adicionar o evento no meu calendário

Wed, Feb 21, 2024 9:00 AM BRT

Programação:

09:00 ~ 09:20 Abertura/Avisos/Pesquisa
09:20 ~ 09:50 Palestrante: Felipe Bovolon (Strategy&)
09:50 ~ 10:20 Palestrante: Mauro Toledo (Strategy&)
10:20 ~ 10:50 Palestrante: Gerson Charchat (Strategy&)
10:50 ~ 11:00 Perguntas e Respostas (Q&A)
11:00 ~ 11:00 Encerramento

Speakers:

 

Clique aqui para se inscrever

Via PwC

Tribute to Dario Vasconcellos Campos
(September 24, 1930 – February 6, 2024)

On behalf of the Board of Directors of the Brazilian-American Chamber of Commerce, we regretfully inform you of the passing, on February 6, 2024 at the age of 93, of Dario Campos, former Vice Consul of Brazil in New York and longtime Chamber member and supporter.  Dr. Campos’ longstanding support of Chamber activities and enthusiastic participation in our programs, well into his 90s, denote his high level of dedication and commitment to the Chamber.

After serving as Vice Consul of Brazil in New York, Dr. Campos was appointed Senior Economic Advisor by the Consulate General of Brazil in New York, during which time he worked in liaison with foremost economic policy institutions in the United States.  Following, he served as a consular official and Director of the Cultural Council of the Brazilian Endowment for the Arts.

Dr. Campos’ previous positions include Cultural Attaché to the Brazilian Embassy in Tunis, Tunisia and Delegate Ad Hoc of Brazil to the 7th World Congress of Public Relations in Boston, MA.  Fluent in many languages, Dr. Campos was appointed Examiner of Arabic, German, and Russian during the selection of foreign service officers at Instituto Rio Branco in Brazil.  He also served as Professor & Consultant of Tourism Administration at the Pontifícia Universidade Católica do Rio de Janeiro and Universidade de Brasília.

Dr. Campos graduated in Decision Science from Wharton School at The University of Pennsylvania, in Hotel Management from Cornell University, and in Human Relations & Public Speaking from Dale Carnegie Institute of New York.  He held a Ph.D. in Economics, a Ph.D. in Philosophy & Social Sciences, and four master’s degrees: MBA / MPS in Tourism, MA in Economics, and MA in Philosophy & Social Sciences.

Dr. Campos received many high distinctions from the Brazilian Army, Navy, Air Force, and Ministry of Foreign Affairs – and was the 2014 recipient of the Chamber’s Special Merit Award.  While conducting postdoctoral research in economics, he participated in countless forums and international conferences on economics, tourism, technology, and sustainability.

Dr. Campos is survived by his wife, Marion Asch Campos.  His steadfast commitment and contributions to the Chamber strengthened ties between Brazil and the United States and furthered our mission of promoting trade and investment between the two nations.  His presence, company, and sense of humor will be greatly missed.

Pesquisa sobre as perspectivas de implementação do International Sustainability Standards Board (ISSB)

In 2024, Itaú, Banco do Brasil (BB), and Bradesco are ranked within the world’s 500 most valuable brands.

This report comes from Brand Finance and was presented at the World Economic Forum in Davos, Switzerland, on January 17.

Banco do Brasil stands out, jumping 50 places since 2023. This leap marks it as the fastest-growing Brazilian brand in value.

By Richard Mann via The Rio Times

Read full article.

The Brazilian-American Chamber of Commerce is pleased to announce Paula Vieira de Oliveira as Co-Chairperson of the Legal Programs & Events Committee, serving alongside Co-Chairperson Maurizio Levi-Minzi.  Ms. Vieira is Partner in charge of Mattos Filho’s New York office and a member of the firm’s corporate / M&A practices.  She is skilled in Brazilian and cross-border M&A transactions, private equity, inbound investments, and commercial contracts involving public and private companies in many industries and sectors.  She also advises management bodies and shareholders on corporate regulatory matters.  Ms. Vieira is a graduate of Pontifícia Universidade Católica de São Paulo (PUC-SP) and holds a Master of Laws from the University of Pennsylvania.

At the 2024 Annual Membership Luncheon, to take place in February / March, all new committee chairpersons will be officially announced.  We are privileged to have Ms. Vieira assist in the development of Chamber programs and seminars focusing on key legal issues in Brazil-US business.

As of April 10th, 2024 , passport holders from Australia, Canada and the United States will require an e Visa to enter Brazil. If you have a valid physical visa on your passport for the purpose of your visit, you do not need to apply for a new visa. For special passports you still need an e Visa or physical visa if you are traveling with a diplomatic passport.

Via United Airlines

      

Novas Perspectivas

Fechamento do Exercício 2023

Wed, Jan 10, 2024 9:00 AM BRT

Programação:

09:00 – 09:20 Abertura/Avisos/Pesquisa
09:20 – 09:50 Palestrante: Christiano Santos (BR)
09:50 – 10:20 Palestrante: Jéssika Vinque (BR)
10:20 – 10:50 Palestrante: Paula Romano (BR)
10:50 – 11:00 Perguntas e Respostas (Q&A)
11:00 – 11:00 Encerramento

 

Register here

After falling last year, the number of M&A operations in Brazil is expected to recover in 2024.

Consulting firm Kroll registered 1,400 transactions last year, compared to 1,543 in 2022.

“In 2024, we’ll see the return of a record volume of M&A operations, to around 1,600, as we had in 2021. This is because I expect the return of appetite from foreign investors amid a reduction in interest rates in Brazil and due to less political noise,” Alexandre Pierantoni, the head of Kroll’s corporate finance and M&A area, told BNamericas.

President Luiz Inácio Lula da Silva returned to the presidency in January 2023, narrowly defeating Jair Bolsonaro in October 2022. The transition of power led market players to postpone investment decisions until the government’s plans became clearer.

In addition, M&As and the capital market were impacted by a high base rate of 13.75%. The central bank started a reduction cycle only in August as inflation fell, with the benchmark Selic currently at 11.75% and further reductions expected.

“The positive impacts of the Selic reduction will still materialize, especially when we reach a single-digit level, closer to 9%. I believe that from the second half of the year we will see signs of the return of IPOs, which will also help to provide traction to M&A movements,” said Pierantoni.

The financial and technology sectors will remain the most significant ones in terms of transactions, followed by energy and water.

“São Paulo state is expected to complete the privatization of water utility Sabesp this year, which in itself is a major operation. Furthermore, the completion of this operation could attract even more investor interest to companies in the sector, including to companies that are not yet listed,” added Pierantoni.

Recently, Sabesp hired banks to handle part of the privatization, which is envisaged as a share offering planned for this half. The state owns 50.3% and wants to keep 15-30%. The rest of the shares are listed in Brazil and the US.

Sabesp is one of the world’s biggest firms in the sector, providing potable water to 28.7mn people and sewage services to 25.5mn.

Via BNamericas.

Read full article

NEWSLETTERS 20 . Dezembro . 2023

O impacto da presença de influenciadores digitais no mercado financeiro, que será analisado pela CVM por meio de consulta pública, é um dos destaques desta edição, na seção Companhias Abertas. As novidades em Ofertas Públicas e Fundos de Investimento incluem o início do processo de consulta para revisão das normas aplicáveis a ofertas públicas de aquisição; e a divulgação das orientações sobre o preenchimento de informação de cotistas no Banco Central.

Confira o conteúdo desta edição:COMPANHIAS ABERTAS
  • Consulta da CVM analisa impacto da presença de influenciadores digitais no mercado financeiro
  • Nova norma da CVM altera regra envolvendo companhias securitizadoras
OFERTAS PÚBLICA
  • CVM inicia processo de consulta para revisão das normas aplicáveis a ofertas públicas de aquisição
  • CVM promove alterações pontuais nas Resoluções 141 e 151

FUNDOS DE INVESTIMENTO

  • Área técnica da CVM divulga orientação sobre preenchimento de informação de cotistas no Banco Central

Via Veirano Advogados

What you will be reading in this issue:
________________________________________
1. Governance | 5 Key Agenda for Medium and Large Brazilian Companies in 2024
2. Labor | 5 Actions to Mitigate the Risk of Psychologial Diseases Being Recognized as Occupational Ones

Governance | 5 Key Agenda for Medium and Large Brazilian Companies in 2024

Brazilian companies that we have seen grow, innovate and generate value in different segments of Brazilian economy have in common strategic attention to medium and long-term funding, governance, talent attraction and M&A opportunities.

The factor below apply to companies in all major sectors in Brazil, including agribusiness, technology, manufacturing, finance, energy, and others.

Companies that want to grow in 2024 should consider the following 5 themes in their strategic plans:

  1. Focus on Attracting Structured Financing in Brazilian Reais: The Brazilian capital market for fixed income credit is closer than ever to medium and large companies, but still few are aware of the importance to create relationships with local financial institutions, funds, family offices and other medium and long-term capital financiers.

Even so, agribusiness companies issued more than BRL100 billion in Agribusiness Receivables Certificates (CRA) so far in 2023, acquired by funds, family offices and other investors, to raise medium to long-term resources (5 to 10 years).

Likewise, companies in the real estate sector issued Certificates of Real Estate Receivables (CRI) in high volumes to finance projects and costs of projects already built, with terms of 5 to 10 years.

Commercial Notes and Debentures are also medium and long-term funding options for companies.

  1. Look at Obtaining Foreign Funding From Foreign Banks and Funds: Brazil’s participation is still irrelevant in international trade, with a share of close to 2% of global trade volume.

Even so, agricultural, industrial and technology companies export commodities, value-added products and services that generate receivables in dollars and other hard currencies that can be financed by foreign funding.

There are several foreign financial institutions, trading companies, funds, family offices and investors that finance exports of Brazilian companies, via export prepayment lines, direct loans, draft (international duplicate discount), among others, in a volume that exceeds US$50 billion annually.

Companies should seek these financing channels as another funding alternative, especially in hard currency.

Via Feijó Lopes Advogados

Read full article

The companies that will thrive in the face of rapid climate change are those that make adapting to it a top priority, says PwC’s Ashok Varma.

Not long ago, I participated in a PwC climate-action roundtable in Mumbai. One of the attendees, an executive from a hospital group, made an observation that grabbed my attention: the seasonal changes being caused by global warming, he said, were affecting the patterns and frequency of vector-borne diseases. His hospitals were increasingly having capacity issues, with sick patients coming in earlier and later in the year than before, straining hospital resources, from beds to diagnostic facilities.

By Ashok Varma via PwC

Read full article

Realizada entre os dias 30 de novembro e 12 de dezembro deste ano, a 28ª edição da Conferência das Partes (COP-28) tem como principal objetivo avaliar e trazer insights quanto ao progresso dos países signatários no que diz respeito ao atingimento das metas do Acordo de Paris.

Neste contexto, alguns dos nossos líderes globais vão marcar presença para discutir meios de alavancar ações significativas para frear a crise climática que estamos enfrentando, discutindo temas como: financiamento e expansão da tecnologia climática, transformação da demanda de energia, adaptação climática para proteger a cadeia de valor e a sociedade, estratégias empresariais positivas para a natureza.

O nosso sócio e líder de Environmental, Social e Governance (ESG), Mauricio Colombari, representará a PwC Brasil na COP 28. Além da presença da nossa liderança, a PwC, por meio do seu Plano Net Zero 2030, está compondo o portfólio de projetos apresentados no evento  pela iniciativa Brasil pelo Meio Ambiente, da Amcham e ICC Brasil.

Para acompanhar as discussões da COP 28, fique de olho nas coberturas jornalísticas do evento e siga a página da PwC Climate.

Via PwC Brasil

 

Novas Perspectivas

Instrumentos Financeiros (a norma mais complexa e mais controversa)

Wed, Dec 13, 2023 9:00 AM BRT

Programação:

09:00 – 09:20 Abertura/Avisos/Pesquisa
09:20 – 09:50 Apresentação: Bruno Portela (BR)
09:50 – 10:20 Apresentação: Ana Moura (BR)
10:20 – 10:50 Apresentação: Gisele Sterzeck
10:50 – 11:00 Perguntas e Respostas (Q&Q)
11:00 – 11:00 Encerramento

Link de Inscrição

 

Speakers:

Tarciana Medeiros, the first female President of Banco do Brasil, extends an invitation to all as a woman, mother, and global citizen. Join her in watching this video, part of a worldwide campaign by Banco do Brasil, the world’s most sustainable bank. This initiative champions the cause of the Amazon and the sustainability of human rights. These are programs and proposals that envision the future as an investment. The forest calls out, nature beckons us toward balance, profit, life, results, and the future. Brazil is ushering in a new era – the era of sustainable progress.

Via Banco do Brasil

 

Paula Vieira’s strong international experience is set to strengthen the firm’s strategy and relationships with foreign clients seeking to do business in Brazil

Mattos Filho has announced Paula Vieira as the new partner in charge of the firm’s New York office. With a strong background in both Brazilian and cross-border M&A transactions, including private equity, Paula is a member of Mattos Filho’s Corporate/M&A practice and International Committee, where she coordinates the firm’s initiatives for business development outside Brazil.

Mattos Filho’s presence in New York has spanned over a decade, helping bridge the gap between international clients and their interests in the Brazilian market. It has allowed for broader perspectives and ample opportunities to collaborate with companies, investors, and business partners looking to expand their interests in Brazil, as well as to connect Brazilian clients with the right business partners in connection with their outbound investments.

“We are excited about moving into this new phase of our international business strategy, and we wish Paula the utmost success in her new role,” commented Mattos Filho’s managing partner, Roberto Quiroga.

 

 

“The opportunity to lead the New York office and work closely with our clients and business partners in the United States will enable Mattos Filho to strengthen and develop further its international relationships and presence. I am deeply honored to represent Mattos Filho in a broader capacity.”

 

 

 

Paula Vieira

Part of Mattos Filho for 25 years, Paula Vieira has been a partner in the firm’s Corporate/M&A practice since 2010. Beyond her experience in M&A matters (including private equity), Paula is involved in foreign investments in Brazil and public and private commercial contracts across many sectors and industries.

Paula’s strong background in international matters and business development includes her active role on committees at the International Bar Association (IBA), where she is engaged in the Latin American forum as well as in other committees such as the M&A committee. Paula previously also worked as an international associate at the New York office of Simpson Thacher & Bartlett LLP.

With a Master of Laws (LL.M.) from the University of Pennsylvania, Paula has a Bachelor of Laws and a Specialization in Business Law from Pontifícia Universidade Católica de São Paulo (PUC-SP), as well as a Specialization in Finance and Accounting from Fundação Getulio Vargas (FGV).

Via Mattos Filho 

DLA Piper is pleased to welcome Amadeu Ribeiro as a partner in the firm’s cross-border Antitrust and Competition practice, expanding the firm’s already strong presence in New York and Latin America.

Ribeiro advises international clients on complex antitrust matters, including merger review cases, cartel and market dominance investigations and competition related matters in general. He counsels clients across a wide breadth of sectors, including aviation, automotive, food and beverage, pharmaceutical, natural resources and technology.

“DLA Piper is committed to providing the highest quality client support throughout the Americas, offering counsel to domestic and multinational companies with interests and operations throughout the region,” said Richard Chesley, managing partner of the Americas and co-US managing partner. “Amadeu is recognized as a leader in the antitrust space and expands the capabilities of an already robust cross-border team.”

“We are thrilled to welcome Amadeu as an integral part of our global practice of lawyers focused primarily on Latin America,” said Francisco Cerezo, chair of the US-Latin America practice.

DLA Piper in Latin America’s team offers full-service business legal counsel to US and global companies with interests in and operations throughout the region. With over 450 lawyers practicing throughout Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Puerto Rico, in addition to our US-based cross-border attorneys, our team works with clients throughout every country in Latin America and help connect Latin America to the world.

The Latin America Practice is led in the US from Miami, with our US based team of multicultural and diverse cross-border practitioners regularly acting as lead counsel on a wide range of matters across sectors in the US and Latin America. These range from complex TAX, IP, capital markets, finance, M&A and public private partnerships to regulatory, compliance, disputes, market entry and establishment issues. The United States, specifically New York and Florida, has deep economic and cultural ties to Latin America. For more information, visit Latin America | DLA Piper.

Via DLA Piper

Learn more

Companhia que opera voos entre o Brasil e os Estados Unidos, e líder em investimentos para a produção de combustível de aviação sustentável, foi uma das patrocinadoras de eventos brasileiros voltados à sustentabilidade

A United Airlines, uma das maiores companhias aéreas do mundo, que opera voos entre o Brasil e os Estados Unidos, e líder em investimentos para a produção de combustível de aviação sustentável, foi uma das patrocinadoras de dois eventos brasileiros voltados à sustentabilidade: Brazil Climate Summit, que aconteceu nos dias 13 e 14 de setembro, e SDGs in Brazil, promovido pela rede brasileira do Pacto Global da ONU nos dias 14 e 15 de setembro, ambos em Nova York.

Para Jacqueline Conrado, Country Manager da United Airlines no Brasil, o país é muito importante por ser um celeiro de iniciativas sustentáveis e comprometidas com o meio ambiente. Além disso, o setor de aviação tem que apresentar soluções de viagem mais flexíveis e responsivas à experiência do usuário, revolucionando inclusive a forma de fazer negócio. “Hoje, nós fazemos um trabalho muito mais focado em ouvir e perceber os inputs dos clientes como nunca, que não aparecem relacionados só a preço, mas a experiência de viagem, benefícios e, de forma prioritária, à preocupação com o meio ambiente e diversidade e inclusão”, diz.

Por Luiz Fara Monteiro via R7

Leia o artigo na íntegra

The Icla da Silva Foundation Hope Gala

Inspiring Hope, Saving Lives

Join our friends from the Icla da Silva Foundation at their 2023 Hope Gala. Enjoy an auction, dinner, and dancing at the prestigious University Club of New York on October 2, 2023 at 6:30 pm.

You will network with leaders of industry while raising funds that remove financial barriers for patients whose only cure is a bone marrow transplant.

Click for ticket and sponsor information

A Era da Reinvenção

Mineração 2023 – 20ª Edição

As grandes mineradoras do mundo precisam encontrar uma nova fórmula para o sucesso. A era dos minerais críticos chegou e representa a mudança mais importante que a indústria já viu em décadas. As empresas de mineração não podem mais depender de portfólios e práticas do passado para criar valor nesse novo cenário dinâmico e extremamente competitivo. A era dos minerais críticos deve ser uma era de reinvenção.

As mineradoras precisam lidar com um importante novo player que surgiu no mercado de minerais críticos: o governo. Diante do rápido crescimento da demanda e da concentração da cadeia de suprimentos em níveis preocupantes, os governos formaram alianças, instituíram novas políticas e mobilizaram fundos para garantir o acesso a minerais críticos. Esses movimentos mudarão o negócio de mineração. A entrada de fundos públicos, por exemplo, deve levar as mineradoras a repensar as taxas de retorno que podem esperar da mineração ou dos ativos da cadeia de suprimentos. As mineradoras também precisarão lidar com um risco maior de investir e o aumento da concorrência, uma vez que os governos interferem no cenário com incentivos e intervenções.

Via PwC Brasil

Ler artigo na íntegra.

The Chamber is delighted to welcome Corporate member Peter Fernandes & Marihá Viana Advogados Associados to the Legal Programs & Events Committee.

A highly regarded law firm located in Brazil’s capital city, Brasília, Peter Fernandes & Marihá Viana Advogados Associados leverages innovation to achieve successful solutions through legal services, offering expertise in a wide range of practice areas.

Click here to see their website and Instagram.

Wed, Aug 23, 2023 9:00 AM BRT

Programação:

09:00 – 09:20 – Abertura/Pesquisa Inicial – Kieran McManus
09:20 – 09:45 – Apresentação – Visão Geral IA – Suzan Barreto
09:45 – 10:10 – Apresentação – IA em seguros – Andressa Sivolella
10:10 – 10:30 – IA na SAP – Marcelo Nacif
10:30 – 11:00 – Q&A

Via PwC.

Saiba mais

The Brazil Data Protection Agency (“ANPD”) on August 15, 2023 released a draft of the International Transfer of Personal Data Regulation (“Regulation Draft”) and the standard contractual clauses (“SCCs”) for public comment. Interested parties can submit comments to the provisions of the Regulation between August 15 and September 14, 2023. After the comments period is closed, the ANPD will hold a public hearing to discuss the draft at a date to be determined. Once the Regulation Draft is approved, it will take effect immediately upon publication and companies will have 180 days to incorporate in their existing SCCs agreements the ANPD’s version or implement new agreements with the ANPD SCCs.

By way of background, the ANPD is the agency charged with implementing Brazil’s General Data Protection Law (“LGPD”). The LGPD is Brazil’s all-encompassing data protection law similar to the European Union’s GDPR. The LGPD imposes certain requirements on data processing agents (which include controllers and processors of data) to safeguard the data privacy rights of individuals (data subjects).

The newly issued Regulation Draft provides that the ANPD will determine which jurisdictions have an adequate level of data protection that will allow the free flow of personal data between Brazil and such countries, but the ANPD will prioritize the review of jurisdictions that provide reciprocal protections. It may take some time before we have a list of countries with data protection levels the ANPD deems adequate. In the interim, multinational countries will have to rely on other possible mechanisms to transfer personal data from Brazil.

According to the Regulation Draft, the ANPD may recognize as an equivalent the SCCs of other countries, upon their review and approval. The review procedure may be started by the ANPD or an interested party, but the ANPD will prioritize the review of those SCCs that can be widely used by processing agents performing international transfers of data in similar circumstances. Foreign SCCs recognized by the ANPD as equivalent will be considered a valid alternative.
The Regulation Draft also provides for the approval process of specific contractual clauses and global corporate rules, but it does not include the expected timeline for the review and approval of such.

A more readily available mechanism will be the ANPD SCCs, and the Regulation Draft includes a SCC Draft template, which companies may eventually choose to use, although there will be some challenges if the SCC Draft remains as-is after the public consultation.

The ANPD opted to create only one module of SCCs and it is in many aspects different from the EU SCCs. One provision that immediately catches one’s attention is that regardless of whether the exporter or importer is named as the responsible party for certain measures (as the Designated Party), the controller will ultimately remain responsible for (i) compliance with the obligations under the law and the agreement, (ii) responding to the ANPD, (iii) guaranteeing the data subject’s rights and (iv) the reparation of damage they may suffer. Moreover, when exporter and importer are processors, the controller, which instructs the processor that exports the personal data to the importer outside Brazil (the “Third-Party Controller”), must co-sign the SCCs and be ultimately responsible for the obligations mentioned above.

By Renata Neeser via Littler.

Learn more

Amazon.com (AMZN.O) will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco Bradesco SA (BBDC4.SA), the bank’s chief executive said on Friday, as the ecommerce giant pushes to expand its fintech offering.

The launch is set for next Tuesday, according to CEO Octavio de Lazari Junior, adding that the bank will manage the card’s credit risk, and the card will be powered by Mastercard (MA.N).

Reporting by Alberto Alerigi Jr., Additional reporting by Isabel Woodford, Writing by Carolina Pulice, Editing by Sandra Maler via Reuters.

Read full article

Governança de Empresas em Tempos de Crise (Os desafios e as Estratégias para Destravar Valor de Empresas)

Quarta-feira, 9 de agosto, 2023 9:00 AM BRT

Programação:

09:00 – 09:20 – Abertura/Pesquisa Inicial – Kieran McManus
09:20 – 10:00 – Apresentação – Valeska Vieira e Lucas Dourado
10:00 – 10:20 – Entrevista – Leonardo Scarioli
10:20 – 10:50 – Entrevista – Tatiana Guerra
10:50 – 11:00 – Q&A

PALESTRANTES:

 

INSCREVA-SE AQUI

 

Members of the firm’s Latin America Practice represented the leading financial entities in a revolving credit facility for BlackRock to acquire, develop, construct, and refinance a portfolio of distributed generation projects that is expected to be the largest in the Chilean market.

Latham advised Natixis and BNP Paribas, as coordinating lead arrangers and lenders, and BNP Paribas, as administrative agent and intercreditor agent, on the transaction, which was structured as a 3-year revolving credit facility. The facility was sized in contemplation of a +400 MW PMGD platform, and was initially used to refinance two previously acquired portfolios of operational assets aggregating 101 MW. The facility is expected to be used to acquire, develop, construct, and refinance other portfolios of both operational and construction projects sponsored by BlackRock.

Via Latham & Watkins

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Utilizing technology for transparency reporting can be a win-win on value and efficiency for any organization

More forward-thinking organizations are taking advantage of innovative technology as transparency requirements continue to grow.

In Part 2 of our “Reimagine Risk and Unlock Opportunities” series, Tiffany Gallagher, Health Industries Risk and Regulatory Leader, PwC US, and Tim Canonico, Principal, Pharmaceutical and Life Sciences, PwC US, analyze the growth of transparency programs and the opportunities that organizations can focus on to succeed.

The goal of global transparency requirements is to encourage the right interactions with Healthcare Professionals and help Pharmaceutical and Life Sciences companies build more trust and transparency in healthcare for society. This landscape is continuing to rapidly evolve as voluntary requirements are being codified into law and other requirements expand to demand more transparency from more organizations.

Via PwC 

Learn more

In an ever-evolving digital landscape, the United States Citizenship and Immigration Services (USCIS) has given employers a new option for verifying employment eligibility. On July 21, 2023, the USCIS announced a final rule, effective August 1, 2023, that allows employers to have an alternative procedure (also referred to as “permanent virtual verification”), whereby qualifying employers may inspect employees’ Form I-9 documentation virtually as opposed to performing a physical verification, which was required for all new hires until the COVID-19 exception was created in March 2020.  This innovative approach aims to modernize the process of employment eligibility verification while ensuring compliance with immigration laws.

Since the inception of the Form I-9 in 1986, the process of employment eligibility verification had relied on in-person physical documentation examination. The COVID-19 pandemic brought a temporary option, however, which permitted virtual, remote verification for remote employees. The USCIS previously announced that this option was ending on July 31, 2023. Thus, this new alternative procedure begins the next day, August 1.

This alternative virtual verification procedure is available only to qualified employers. Such employers are:

  • In good standing in the E-Verify program;
  • Enrolled in E-Verify for all hiring sites in the United States, for which they seek to use the alternative procedure;
  • Have complied with all E-Verify requirements, including verifying the employment eligibility of newly hired employees in the United States; and
  • Have completed of an E-Verify tutorial/training concerning fraud awareness and anti-discrimination.

To utilize the alternative virtual verification, qualified employers must:

  • Examine remotely the front and back of their employees’ identity and employment authorization documentation or acceptable receipt to determine that the documentation reasonably appears genuine;
  • Conduct a live interaction with the employee presenting the same documentation discussed above to ensure the documentation reasonably appears to be genuine and relate to the employee;
  • Indicate on Form I-9, by completing the corresponding box, that an alternative procedure was used to examine documentation to complete Section 2 or for reverification, as applicable;
  • Retain clear and legible copies (front and back) of all documents presented by employees; and
  • In the event of Immigration & Customs Enforcement (ICE) I-9 audit or relevant federal government agency investigation, make available clear and legible copies of documentation presented by the employee for document examination in connection with the employment eligibility verification process.

Qualified employers have the choice to use the alternative permanent virtual verification procedure or not. Additionally, qualified employers may opt to use this procedure for remote employees only, and not for employees who work onsite or in hybrid capacity. Employers may not discriminate in this decision-making process.

Cinco mudanças globais que estão redesenhando o mundo em que vivemos

Quase uma década se passou desde que a PwC identificou cinco megatendências, que caracterizamos como profundas e impactantes, de alcance global e efeito de longo prazo. Megatendências capazes de afetar a todos no planeta e reconfigurar nosso mundo por muitos anos. Agora está claro que as megatendências transformaram nosso mundo ainda mais rápido do que prevíamos. Em grande parte, isso se deve à interação entre elas, que turbinou tanto a velocidade quanto a disseminação da mudança.

À medida que foram se desdobrando, as megatendências também evoluíram. O modo como se manifestam hoje mudou em comparação com dez anos atrás.

Reavaliamos as megatendências para entender como elas mudaram, que futuro podem criar em 2030 e quais questões elas apresentarão à humanidade.

Via PwC

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The domestic bank also leads II’s All-Brazil Trading Team.

The firm has been voted No.1 for the fifth year in a row in Institutional Investor’s annual All-Brazil Sales Team. Based on the votes of 367 buy-side money managers at 239 firms with significant holdings in the country, BTG Pactual extended its reign to half a decade — even as the ranking saw a shakeup further down the leaderboard among domestic and global firms alike.

Itau BBA rose from last year’s fourth place to take second, while last year’s runner-up, Bradesco BBI, dropped one spot to third. Credit Suisse improved one spot to take fourth, while JPMorgan Chase — in a steep rise from 2022’s ninth place — rounded out the top five. In line with other II surveys, votes were weighted based on respondents’ commission spending in the region. An additional AUM-weighted leaderboard was also produced which mirrored the commission-based results.

The volatility in this year’s results was reflective of the tumultuous year investors experienced in Brazil, due to an election cycle in late 2022 and depressed market activity.

“Clients were a bit lost at the start of the year, given the change of government and the outlook ahead. People lost a lot of money betting on a more centric-approach government, and the reality was a bit different,” said Thiago Faganello, head of Brazil sales and partner at BTG Pactual. “But things changed recently and quickly, so tons of opportunities showed up and clients are now trying to stock pick the best names for this new cycle.”

By Alexandra DeLuca via Institutional Investor

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UBS Group AG named Sylvia Coutinho Brazil country head and the regional leader for Latin America businesses as the Swiss bank integrates teams from its acquisition of Credit Suisse Group AG.

Marcello Chilov, Credit Suisse’s former chief executive officer in Brazil and head of wealth management for Latin America, will run UBS global wealth management in Latin America, according to an internal memo seen by Bloomberg News. The changes take effect July 17.

Coutinho has been at UBS for more than 10 years, and was UBS’s Brazil country head prior to the merger. She was also head of wealth management for Latin America. In her new role, she will focus on leading integration efforts as well as overseeing regulatory, governance and collaboration between businesses for the region. She will report to Naureen Hassan, president of UBS Americas.

By Cristiane Lucchesi via Yahoo!Finance

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On July 6, 2023, the first sanction imposed by the Brazilian Data Protection Agency (“ANPD”) against a company (controller) in Brazil was published in the official gazette. The ANPD is the agency charged with enforcing Brazil’s General Data Protection Law (“LGPD”).

The publication does not provide the details about the results of the investigation conducted by the ANPD against a company, but the sanctions provide a glimpse of the underlying circumstances.

The sanctions included:

  1. A Warning, without the imposition of corrective measures, for violation of article 41 of the LGPD (appointment of a Data privacy Officer (DPO);
  2. A “Simple Fine” of R$ 7,200 (~$1,480 USD) for violation of article 7 of the LGPD (legal basis for processing personal data);
  3. A Simple Fine of R$7,200 (~$1,480 USD) for violation of article 5 of the Auditing Regulations (obligation of controller/processor to cooperate with the ANPD).

By Renata Neeser via Littler

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Se você tem de 18 a 26 anos e quer maximizar o seu potencial, desenvolvendo habilidades e competências que fazem a diferença hoje e que serão cada vez mais necessárias no futuro, faça parte do nosso Programa Access Your Potential.

O Access Your Potential (AYP), da PwC Brasil, visa maximizar o potencial de jovens em contextos adversos, criando possibilidades de carreira e inclusão produtiva. O objetivo principal é proporcionar o desenvolvimento de competências que fazem a diferença hoje e que serão cada vez mais necessárias no futuro. Para isso, oferecemos cursos de alta qualidade, mentoring para o desenvolvimento de projeto de vida e acesso a oportunidades de carreira. A cada ciclo do programa, conectamos jovens de todo o país com profissionais voluntários da firma.

Via PwC

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A nova temporada de balanços corporativos referentes ao segundo trimestre não deve impulsionar ganhos adicionais no mercado acionário dos Estados Unidos. A avaliação de Michael Wilson, estrategista-chefe para ações e CIO (executivo-chefe de investimentos) do Morgan Stanley (MS) e considerado uma das vozes mais pessimistas de Wall Street, ampliando o consenso em torno dessa percepção já evocada por outros de seus pares.

Segundo o estrategista, desta vez os guidances (projeções) a serem anunciados pelas empresas serão mais importantes do que o normal para o movimento das bolsas, tendo em vista os elevados valuations das ações, as taxas de juros mais altas da liquidez cada vez menor.

“Com o início da temporada de balanços corporativos do segundo trimestre nesta semana, resultados melhores do que o previsto provavelmente não serão mais ‘suficientes’ para disparar novos ganhos em Wall Street”, escreveu em relatório nesta segunda-feira (10).

By Sagarika Jaisinghani via Bloomberg Línea

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Novas Perspectivas

Padrão Mundial – Relatórios de Sustentabilidade

Quarta-feira, 12 de julho às 9h00  (Horário de Brasília)

Programação:

09:00 – 09:20 Abertura/Pesquisa Incial
09:20 – 10:00 Palestrante: Melissa Schleich
10:00 –

10:20 Palestrante: Mauricio Colombari
10:20 – 10:40 Palestrante: José Vital
10:40 – 11:00 Perguntas e Respostas (Q&A)
11:00 – 11:15 Prova de conhecimento/Encerramento

REGISTER HERE

 

 

 

______________________________________________

AgTech Garage

Quarta-feira, 12 de julho às 15h00 – (Evento presencial)

Dia 1: Moon Hub

Sede Moon Hub by AgTech Garage, Praça do Conhecimento, 459 — Parque Tecnológico de Uberaba — Univerdecidade, em Uberaba/MG.

Palestrante: José Tomé (sócio, PwC)

 

15h — Abertura “Por dentro da Gestão Tripartite”

(AgTech Garage, Ubyfol e Prefeitura de Uberaba)

15h30 — Bem-vindos ao Moon Hub by AgTech Garage

16h10 — Painel “Conhecendo a Comunidade Uberabense”

(Agentes locais e clientes convidados)

17h10 — Tour pelo Moon Hub e Happy Hour

 

REGISTER HERE

 

_______________________________________________

PwC Debate Reforma Tributária: analisar, influenciar e planejar

Quarta-feira, 12 de julho das 17h00 às 18h15 (Horário de Brasília)

 

Palestrantes:
Romero Tavares
Romero Tavares, Sócio de Consultoria Tributária da PwC Brasil
.
.
Cristiano Noronha
Cristiano Noronha, Sócio e vice-presidente da Arko Advice

661 transações anunciadas no Brasil de Janeiro a Junho de 2023, com queda de 11,8% em relação ao mesmo período do ano anterior, quando foram registradas 750 transações. Análises mensais e de LTM (LTM refletindo queda de 5,8%) demonstram curva em recuperação e perspectiva de manutenção do mesmo nível de atividade (1.600 transações) registrado no ano de 2022.

Setor de Tecnologia lidera volume de operações com 17,5% das transações, seguido de Instituições e Serviços Financeiros com 14,8%. Setor de Saúde representou 6,1%, seguido pelos Setores de Produtos de Consumo, Energia e Logística, que representaram, cada um, 4,5% das transações anunciadas. Agronegócios vem aumentando sua relevância, passando de históricos 1,5% para 3,8% das operações anunciadas. Setor de Varejo, enfrentando desafios e que já se destacou em relevância de operações, representou 4,8% das operações.

By

Alexandre Pierantoni
Managing Director
Head of Brazil Corporate Finance
São Paulo
+55 11 3192 8103
+55 11 9 5500 8151
alexandre.pierantoni@kroll.com

And

José Thompson
Director
Corporate Finance
São Paulo
+55 11 3192 8108
jose.thompson@kroll.com

Via Kroll

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Uma abordagem que priorize as habilidades poderia ajudar 100 milhões de pessoas em todo o mundo a se integrar à força de trabalho ou conseguir empregos melhores.

A PwC está colaborando com o Fórum Econômico Mundial para ajudar a impulsionar a transição para mercados de trabalho que priorizem as habilidades.

Esse movimento poderia abrir o mercado de trabalho para 100 milhões de pessoas em todo o mundo, trazendo benefícios não apenas para empresas e indivíduos, mas também para a sociedade em geral e para a economia.

Nosso relatório conjunto, “Habilidades em primeiro lugar: um framework para ação”, apresenta um framework consistente sobre o assunto para CEOs e governos e demonstra como algumas organizações já estão se beneficiando de uma cultura que prioriza as habilidades.

Via PwC

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Initiative consolidates a relationship of almost two decades with the foreign markets. Feijó Lopes Advogados, one of Brazil’s premier law firms is to open a physical unit in New York.

The initiative is part of the expansion plan to expand the existing relationship for over 15 years with the US and the international market, in addition to continuing to provide legal advice to foreigners who want to invest in Brazil, and also Brazilians who want to expand their businesses internationally.

“This expansion reinforces one of our most important ‘non-negotiable principles’, which is to be present in the key international financial and business centers that have relationship with Brazil. With the New York office, we want to be physically closer to our clients, banks, funds, investors and partners, foreign and Brazilian, and global companies that use New York – the main world financial center – as a hub for business”, highlights the managing partner of Feijó Lopes Advogados, Lúcio Feijó Lopes.

“Generating results for our clients is what drives us, whether it be legal assistance in strategic commercial negotiation, venture capital, M&A, fund structuring, debt offerings, tax and labor issues, or conflict resolution. We are faithful to our purpose of being the law firm of choice for our clients to solve their greatest challenges”, concludes Lopes.

The new office should be located at Park Avenue, midtown, New York, an area where the main banks, fund managers and headquarters of global companies and with business in Brazil are located.

Learn more.

Imagine um futuro em que os médicos conduzam ensaios clínicos com pacientes remotos, o atendimento digital seja feito tão facilmente como nas compras on-line e os médicos usem a inteligência artificial para prestar serviços hiperpersonalizados.

De acordo com o nosso estudo Futuro da Saúde, até o fim da década atual, a saúde será ainda mais personalizada, digitizada e apoiada por inteligência artificial, com soluções perfeitamente integradas à vida diária dos pacientes. A questão crítica é: os sistemas de saúde estão fazendo o suficiente para adaptar e transformar sua infraestrutura atual ou correm o risco de se tornarem totalmente obsoletos?

Via PwC

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We are very pleased to reveal our firm’s outstanding performance in the Chambers Brazil rankings, one of the leading guides in the legal sector.

In the Industries & Sectors chapter, we led in the number of recognized practices (16) and professionals (34). In the Regions chapter, five practices and 13 professionals were recognized across our offices in Campinas, Brasília, and Rio de Janeiro.

We would like to thank Chambers for these recognitions, which serve to reinforce our commitment to excellence and our role as a strategic partner for your business.

Learn More

Our member Pellecchia International invites you to an event on June 28th hosted by Columbus Citizens Foundation.

Wednesday, June 28th
6:00PM Reception | 6:30PM Talk
CCF | 8 East 69th Street, New York, NY 10021 | $35

Daniel Runde, Senior Vice President and Director of the Project on Prosperity and Development (PPD), discusses strategic international affairs. Runde shares insights from his Amazon #1 New Release, “The American Imperative – Reclaiming Global Leadership Through Soft Power,” and the path towards building strong alliances of like-minded nations, focusing on non-military strategies to prevent the rise of authoritarian powers.

RSVP TODAY

Our Member, REDD, is proud to announce the release of The REDD Eye – their newest podcast news briefing, released every Monday morning.

The REDD Eye is a 3 min financial news podcast, which summarizes the week’s most important high-yield credit headlines in Latin America, hand-picked by their editors.

Available in EnglishSpanish, and Portuguese. On Spotify, RSS and Apple Podcasts.

Don’t forget to follow them!

Analistas do JPMorgan elevaram a recomendação para as ações da Petrobras (PETR4;PETR3) de “neutra” para “overweight”, citando redução na percepção de risco, bem como dividendos alinhados a pares globais, de acordo com relatório enviado a clientes nesta segunda-feira (12).

Eles também elevaram os preços-alvo dos papéis PN (preferenciais) e ON (ordinários), negociados na B3, de R$ 30,50 para R$ 41; e dos ADRs, recibo de ações negociados nos Estados Unidos, de US$ 11,50 para US$ 15,50.

Na última sexta-feira (9), as preferenciais da Petrobras fecharam a 30,28 reais e as ordinárias, a 33,75 reais. Nos EUA, o ADR das ONs encerrou a 13,76 dólares e o das PNs a 12,44 dólares.

By Reuters via Forbes Brasil

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Generative AI, which is a type of artificial intelligence that can produce or create new content, has already started to impact the workplace in various ways. On the positive side, it can automate repetitive and time-consuming tasks, leading to increased efficiency and productivity. For example, it can assist with data entry, customer service, and content creation. Additionally, it can help businesses to analyze and make sense of large amounts of data, leading to better decision-making.

However, the rise of generative AI also raises concerns about its impact on labor and employment. It is predicted that many jobs that involve routine tasks, such as data entry, customer service, and content creation, could be replaced by AI systems in the future. This means that some workers may need to reskill and transition into new roles to stay relevant in the job market.

By Zoe Argento, ChatGPT, Michael Chichester, Michelle Clark, Tessa Gelbman, Philip L. Gordon, Corinn Jackson, Allan King, Miguel Lopez, Deborah Margolis, Melissa McDonagh, Michael McGuire, Ellie McPike, Marko Mrkonich, Jim Paretti, Niloy Ray, Scott Rechtschaffen, Erin Reid-Eriksen, Kellen Shearin, and Alice Wang via Littler

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Banco com cerca de R$ 100 bilhões aplicados no agro entra em mais uma modalidade de comércio de produtos, um mercado estimado em R$ 185,7 bilhões para 2023

O Bradesco anunciou nesta segunda-feira (5) o lançamento do E-agro, marketplace para operar no setor do agronegócio. A plataforma é destinada à oferta de produtos e serviços financeiros e não financeiros para o produtor rural, clientes e não clientes da instituição financeira.

“O lançamento do E-agro é muito representativo. Crescemos concedendo crédito aos agricultores e temos hoje um universo potencial de mais de dois milhões de produtores rurais no Bradesco, que integram a cadeia do setor brasileiro que mais cresce”, afirma José Ramos Rocha Neto, vice-presidente do Bradesco. Com cerca de R$ 100 bilhões aplicados no setor, o Bradesco é o maior banco privado na concessão de crédito ao agronegócio. Em 2022, o Bradesco teve lucro líquido contábil de R$ 20,73 bilhões e conta com uma base da ordem de 77,1 milhões de clientes.

By Redação via Forbes

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Brazil’s largest private lender Itau Unibanco is in talks with Banco Macro SA to sell its operations in Argentina, the lender said on Tuesday, a move that comes as the neighboring country grapples with a severe economic crisis.

Itau disclosed the “preliminary talks” in a securities filing, touting Macro as “one of the main private banks in Argentina with an extensive network of branches,” but noted that no binding agreement had been reached so far.

Itau’s operations in Argentina are moderately sized in terms of personnel and branches, but its loan portfolio in the country is relatively small when compared with other markets such as Chile and Colombia.

By ia Reuters

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Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest U.S. bank JPMorgan said on Monday, although the currency should maintain its long-held dominance for the foreseeable future.

The strains of steep U.S. interest rate rises and sanctions that have frozen Russia out of the global banking system have seen a fresh push by the “BRICS” nations, Brazil, Russia, India, China and South Africa, to challenge the dollar’s hegemony.

JPMorgan strategists Meera Chandan and Octavia Popescu said that while overall dollar usage is within its historical range and the greenback remains at the top of the pack, a closer look shows a more bifurcated picture.

By Marc Jones via Reuters

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U.S. immigration policy and the Biden administration’s response to the ongoing migration crisis have been hot topics in the news. We break down potential considerations for employers as the pandemic-era immigration policy ends and border crossings from individuals without documentation in search of asylum are expected to rise sharply.

On Thursday, May 11, the Biden administration dealt with Title 42 expiration. Title 42 is the name of an emergency health authority that began in March 2020 under the Trump administration. As part of COVID-19 restrictions on asylum seekers in the interest in public health, Title 42 allowed border authorities to send back individuals attempting to cross the U.S.-Mexico border quickly. Because the Biden administration announced in January that it would end the national COVID-19 emergencies, the border restrictions were affected.

The expiration of Title 42 will allow undocumented individuals crossing the border to seek asylum, rather than being turned back. However, the route to seeking asylum is a tenuous and lengthy process that first involves passing a “credible fear screening” by asylum officers to determine whether the individual has a legitimate fear of persecution in their home country. If they meet the screening criteria, their case is introduced into the immigration court system to determine if they can stay in the United States.

By Jorge Lopez and Elizabeth Whiting via Littler

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Esta edição do Programa Nova geração de solvers da PwC tem como objetivo desenvolver talentos e formar profissionais para atuar nas áreas de Auditoria Externa; Consultoria e Auditoria Atuarial; Serviços de Sustentabilidade; Riscos e Controles.

A nova geração de solvers prepara profissionais com domínio do mundo digital, e é ideal para pessoas que buscam desenvolvimento contínuo, conhecimento de variadas indústrias, além de trabalhar em equipes multiculturais em um ambiente de constante inovação.

INSCREVA-SE

Brazilian state-run oil company Petrobras (PETR4.SA) said on Thursday its board of directors had approved a revision of part of its 2023-2028 strategic plan in a bid to increase investments in low-carbon initiatives.

Petroleo Brasileiro SA, as the company is formally known, said in a securities filing that under the new plan it would target 6% to 15% of its total capital expenditure (CAPEX) for low carbon, up from 6% in the 2023-2027 strategic plan.

The move, Petrobras said, is aimed at preparing the company for the energy transition, “reconciling the current focus on oil and gas with the search for diversification of our portfolio in low carbon businesses.”

Via Reuters

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In April 2023, the long-anticipated new and modernized PERM Form 9089 was introduced to the public by the U.S. Department of Labor, Foreign Labor Certification (FLC) unit. The PERM process permits an employer to hire a foreign worker to work permanently in the United States. The FLC unit held two webinars on April 19 and April 20 to provide information on the changes to the form and instructions on how to fill out the new PERM applications. The recordings of these webinars are available on the DOL’s webpage.

Petitioners and their attorneys can start filing PERM Applications using the new forms on June 1, 2023, through the Foreign Labor Application Gateway (FLAG) portal, which is also used for filing Labor Condition Applications (LCA) for H-1B petitions and wage requests for PERM, H-2A, H-2B and CW-1 petitions. The sunset date for filing PERM Applications through the legacy PERM portal system is May 31, 2023.

By Tasneem Zaman via Littler

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Mon – Fri, May 29 – Jun 2, 2023 5:00 PM BRT (4:00 PM ET)

Na 1ª Semana da Sustentabilidade da PwC Brasil, vamos aprofundar a conversa sobre esse e outros temas  importantes que transformam a nossa sociedade, nosso dia a dia, e que impactam cada vez mais os negócios.

 

Program:

29.05 às 17h00 | PwC |  Transição energética: tendências e desafios

Speakers: Célio Fernando, Economista e Vice-presidente da Apimec Brasil e secretário-executivo de Regionalização e Modernização da Casa Civil do Governo do Estado do Ceara; João Marques da Cruz, CEO da EDP; Solange Ribeiro, Vice-Presidente da Neoenergia e Vice-presidente do Conselho do Pacto Global das Nações Unidas

Com Adriano Correia (sócio, PwC) Link de inscrição

30.05 às 17h00 | PwC |  Relatórios de sustentabilidade: ferramenta para estratégia e compliance regulatório

Speakers: Priscila Grecco, CFO Itaúsa; Rafaella Dortas, Diretora Executiva responsável por ESG no BTG Pactual, Ariane Ramalho, Gerente PwC, especialista em Sustentabilidade

Com Maurício Colombari (sócio, PwC) Link de inscrição

31.05 às 17h00 | PwC |  Desafios da logística reversa no contexto atual e futuro da política nacional de resíduos sólidos

Speakers: Gui Brammer, Fundador da Boomera Ambipar, Tamiris Benassi, Gerente sênior PwC especialista em Sustentabilidade e ESG

Com Rodrigo Damiano (sócio, PwC) Link de inscrição

01.06 às 17h00 |  Inovações e tecnologias no processo de descarbonização no agronegócio

Speakers: Mônica Hirsch de Melo Alcântara, Head de ESG na Agrogalaxy; Bruna Dias, Gerente PwC, especialista em Sustentabilidade; Fábio Passos, Diretor LatAm do programa Pro Carbono da Bayer

Com Mauricio Moraes (sócio, PwC) Link de inscrição

02.06 às 17h00 |  Justiça climática: elemento central do desenvolvimento social

Speakers: Marcelo Rocha, Diretor Executivo do Instituto Ayika; Juliana Sá, especialista em Sustentabilidade Empresarial

Com Leandro Ardito (sócio, PwC) Link de inscrição

Brazilian state oil company Petrobras approved a new fuel pricing policy for gasoline and diesel that will sharply lower costs for motorists, it announced on Tuesday, ditching a more market-based policy in favor of greater flexibility to smooth price swings.

President Luiz Inacio Lula da Silva celebrated the new policy for Brazil’s millions of motorists in a post on social media later on Tuesday, declaring it “a victory for the people.”

The new pricing system scraps a so-called fuel import parity policy that more closely aligned prices at the pump with the oil market and exchange rates. Lula, as the leftist leader is known, had promised to change that to make fuel cheaper.

By Gabriel Araujo and Marta Nogueira via Reuters

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Experiência de um curto período sabático na Universidade de Columbia em Nova York

Por sugestão de colegas da Brazilian-American Chamber of Commerce N.Y. repasso aos demais membros minha visão sobre as vantagens que tal período pode proporcionar a uma Empresa que busque preparar seus executivos para uma boa entrada na arena internacional de negócios. Trata-se de meu estágio como “Visiting Scholar” no “Center on Global Economic Governance” da “School of International and Public Affairs” na “Columbia University N.Y” no período 2019-2020.

https://cgeg.sipa.columbia.edu/

Esclareço que não tenho qualquer interesse em tal atitude, apenas o de evitar um desperdício de oportunidade aos colegas da Câmara em não passar vantagens dessa experiência.

A Escola de Assuntos Públicos e Internacionais – School of International and Public Affairs – da Universidade de Columbia em Nova York, através de seus seminários, palestras e cursos de curta duração, pode proporcionar a um(a) executivo(a) na iminência de entrar para a Alta Administração de sua Empresa com escopo Internacional, a tranquilidade de palestrar e negociar em meio a aspectos sensíveis como geopolíticos, étnicos, psicossociais e legais.

A abordagem técnica, mas cuidadosa, quase diplomática, nas primeiras tratativas com ministros de países, CEOs, em ocasiões frequentes em Congressos, Missões Empresariais etc., podem facilitar desdobramentos que concretizem negócios lucrativos para a Empresa. A par dos conhecimentos e experiencia intrínseca do(a) executivo(a), inclusive simpatia, senso de humor etc., há que se agregar um conhecimento dos condicionantes político-socioideológicos que permeiam as tratativas.

O Centro de Governança Econômica Global – Center on Global Economic Governance – CGEG – proporciona tal aprimoramento, via conexão adicional com outros centros da SIPA como de América Latina, Eurásia, África, Energia, além da Law School e da Business School, vizinhas dentro do Campus, com palestras e seminários de alto nível por professores muitos detentores de Prêmios Nobel.

Esta “imersão” consiste num período sabático de 6 a 12 meses, orientado pelo CGEG ou outra fonte, ficando o(a) interessado(a) livre para se inscrever em palestras, cursos, seminários de acordo com sua estratégia de desenvolvimento. Não há controle de frequência, podendo o(a) interessado(a), subsidiariamente, cuidar de assuntos de sua empresa.

O credenciamento formal à Universidade possibilita também um avançado curso de Inglês no Teacher’s College, no campus, acesso às bibliotecas, computadores etc., bem como uma série de sugestões de ambientação a um(a) eventual acompanhante, incluindo conexões com diversas atividades culturais em Nova York.

Há uma taxa a ser paga à Universidade, sendo a manutenção e hospedagem em NYC por conta do(a) interessado(a).

O colega da Câmara ou outro indicado pode obter informações diretamente no site acima ou contatar-me.

Fernando Cariola Travassos
+5521 99101 0900
fernando.travassos@yahoo.com

Brazilian state-controlled lender Banco do Brasil SA (BBAS3.SA) on Monday reported a 29% leap in first-quarter net profit compared with a year ago, boosted by double-digit growth in the value of its loan book.

Banco do Brasil’s adjusted net income reached 8.55 billion reais ($1.71 billion) during the first three months of this year, while analysts polled by Refinitiv expected 8.69 billion reais.

The lender said the results were helped by the performance of its credit portfolio, “which reflects an adequate mix of risk against return.”

By Peter Frontini via Reuters

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The partnership enables the bank to expand its operations in the carbon credit market with solutions for both the domestic and global markets

BTG Pactual (BPAC11), the largest investment bank in Latin America, signed an investment agreement for acquiring a minority stake in Systemica, a company that structures, develops, and implements projects for reducing greenhouse gas (GHG) emissions, in addition to trading the environmental assets generated. The operation aims to contribute to a transitional economy and join efforts for advancing the carbon credit market, contributing to the integrity, quality and international reputation of carbon projects in Brazil and Latin America.

Demand for a low-carbon economy has been growing internationally, with financial institutions and large companies committing to reduce emissions and structuring strategies for decarbonizing their operations. From 2020 to the beginning of 2023, the number of companies committed to reducing emissions formalized under Science Based Targets (SBTi) — which shows how actions are based on science for combatting climate change — grew more than 10 times, which materializes in terms of ever-increasing volumes of retired carbon credits, according to Trove Research.

Via Yahoo Finance

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Wed, May 17, 2023 9:00 AM BRT (8:00 AM ET)

Programação:

09:00 – 09:10 Abertura/Publicações/Pesquisa
09:10 – 09:20 Palestrante: Catarina Costa
09:20 – 09:50 Palestrante: Fabricio Abbade
09:50 – 10:20 Palestrante: Alvaro Pereira
10:20 – 10:50 Palestrante: Fabio Niccheri
10:50 – 11:00 Perguntas e Respostas (Q&A)
11:00 – 11:15 Prova de Conhecimentos/Encerramento

Speakers:

Carina Costa, PwC Brasil
Alvaro Pereira, PwC Brasil
Fabio Niccheri, PwC Brasil
Fabricio Abbade, PwC Brasil
Rodrigo Guilhen, PwC Brasil
Kieran McManus, PwC Brasil

REGISTER HERE

Itau Unibanco Holding SA (ITUB4.SA), Brazil’s biggest private bank, reported first-quarter recurring net profit of 8.435 billion reais ($1.7 billion) on Monday, a 14.6% year-on-year rise despite higher provisions for bad loans.

The recurring net income figure, which excludes one-off items, was broadly in line with expectations of 8.42 billion reais in a Refinitiv poll of analysts.

Itau said in a securities filing the result was driven by the “positive effect” of a higher loan portfolio, which coupled with a “gradual change in the mix to loans with better spreads” led to a 20% rise in its financial margin with clients.

Via Reuters

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Banco vê queda de juros ainda tímida, mas aposta em modelo de crédito com taxas pré-fixadas e consórcio

O banco Santander espera fechar negócios da ordem de R$ 2 bilhões durante a Agrishow, que acontece em Ribeirão Preto (SP), a maior feira de tecnologia para o agro do país. No ano passado, o montante foi de US$ 1,4 bilhão. “A estratégia é trazer o produtor para a tomada de crédito antes dele ir às compras”, disse o economista Ricardo França, superintendente regional de agronegócios do Santander. Em março, a carteira do banco para o setor era de R$ 40 bilhões, com meta de alcançar R$ 50 bilhões até o fim do ano.

De olho na queda da taxa de juros, ainda que tímida para o segundo semestre do ano, de acordo com França, o principal dos negócios fechados na Agrishow será garantido por uma linha de taxa pós-fixada, espelhada ao que pratica o BNDES (Banco Nacional de Desenvolvimento Econômico e Social).

By Vera Ondei via Forbes Brasil

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O setor farmacêutico está em constante transformação e enfrenta novos desafios cibernéticos à medida que surgem novas tecnologias e processos digitais orientados por dados e robotização. O que está em jogo são as pesquisas sobre tratamentos que salvam vidas, patentes, inovação de ponta e propriedade intelectual.

A pandemia de covid-19 impactou a área acelerando a digitização do local de trabalho. Com essa disrupção, vários cibercriminosos aproveitaram o momento para realizar atividades de espionagem e obter ganhos financeiros.

Também cresceu a dependência de fornecedores terceirizados; a adoção da digitização e de tecnologias industriais da Internet das Coisas (IoT, na sigla em inglês); e a transição para ambientes híbridos e “multinuvem”. Essa evolução gerou uma lista crescente de preocupações cibernéticas, como ataques à cadeia de suprimentos, violações de terceiros e configurações incorretas que levam a vazamentos de dados.

Via PwC

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Regulators seized First Republic (FRC) early on Monday and sold the bulk of the bank’s operations to JPMorgan Chase (JPM) in the largest bank failure since the 2008 financial crisis.

JPMorgan, the nation’s largest bank, agreed to assume $173 billion in assets, $30 billion in securities and all of First Republic’s $92 billion in deposits. The Federal Deposit Insurance Corporation sweetened the deal by agreeing to share losses on certain residential and commercial loans, giving JPMorgan some protection if the assets go bad.

The fall of the $229 billion First Republic makes it the biggest casualty yet of the banking system turmoil that began in March, larger than either Silicon Valley Bank or Signature Bank. Seattle’s Washington Mutual, which went under with $307 billion in assets in September 2008, is still the largest bank failure in US history.

By David Hollerith via Yahoo Finance

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Os avanços da Conferência das Nações Unidas sobre as Mudanças Climáticas de 2022 (COP27) ainda não são suficientes para que o mundo consiga limitar o aquecimento global a apenas 1,5 °C acima dos níveis pré-industriais. Diante do grande desafio de coordenação que a agenda climática impõe, é preciso ir além e pensar nas questões relacionadas à energia em quatro dimensões (4Ds): descarbonização, descentralização, digitalização e disrupção da demanda.

Essas tendências se aceleram e ganham mais relevância a cada ano, e o Brasil tem vantagens competitivas para figurar como protagonista. No processo de transição energética, o país pode contribuir de diferentes formas, gerando valor global e localmente, se souber investir em tecnologias e infraestrutura para atender a demandas internas e internacionais.

Via PwC

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Seis tópicos para a agenda do líder financeiro

Apesar da imprevisibilidade dos últimos anos, pelo menos algo permaneceu inalterado: executivos, consumidores e funcionários concordam que a confiança nos negócios é imperativa. Para a maioria das empresas, no entanto, conseguir estabelecer essa relação não é tão fácil. Nossa Trust Survey 2023 revelou que lacunas de confiança, principalmente com os consumidores, continuam a atormentar muitas empresas.

Via PwC

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With the firm’s partner count now rising to 140, the new partners are established in areas with good prospects for growth and are set to strengthen the firm’s full-service model

Mattos Filho has announced that eight senior associates have been promoted to partnership. The new partners work across twelve of the firm’s legal areas: Agribusiness Law, Antitrust, Education, ESG, Finance, Capital Markets, Corporate/M&A, Infrastructure & Energy, Administrative Law, Labor & Employment, Executive Compensation and Tax.

The promotion of these professionals comes in consideration of emerging market trends and is in line with the firm’s long-term vision and strategy for growth. It also reflects Mattos Filho’s commitment to developing and creating opportunities for its professional talent.

Via Mattos Filho

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Wed, Apr 19, 2023 9:00 AM BRT (8:00 AM ET)

Programação:

09:00 – 09:20 Abertura/Avisos/Pesquisa
09:20 – 09:50 Palestrante: José Tomé
09:50 – 10:20 Palestrante: Patrícia Amélia
10:20 – 10:50 Palestrante: Thiago Mendes
10:50 – 11:00 Perguntas e Respostas (Q&A)
11:00 – 11:15 Prova de Conhecimento/Encerramento


Speakers:

Patrícia Amélia, EasyHub
José Tomé, Barn Investimentos
Thiago Mendes, AGTech Garage
Maurício Moraes, PwC Brasil
Kieran McManus, PwC Brasil

REGISTER HERE

Brazil’s BTG Pactual said on Tuesday it will launch a stablecoin priced in U.S. dollars at a parity of one to one, as it seeks to position itself in the digital assets market.

The stablecoin, called BTG Dol, will be available on Mynt, the bank’s crypto-asset platform, and through BTG Pactual’s own investment system.

A stablecoin is a type of cryptocurrency that is pegged to a stable asset as a way to reduce volatility.

By Paula Arend Laier and Paul Simao via Reuters

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UBS Group AG (UBS) will leapfrog JPMorgan Chase & Co. (JPS) to become Latin America’s biggest wealth manager through its acquisition of Credit Suisse Group AG.

With about $150 billion in wealth under management from clients from the region, UBS will take the top spot after adding Credit Suisse’s $80 billion total. according to people familiar with the matter. who asked not to be identified discussing non-public data. JPMorgan manages about $180 billion. ltau Unibanco Holding SA (ITUB4) will keep its No. 3 position. with $140 billion in assets.

Credit Suisse has a larger presence than UBS in Brazil’s local private-banking market, including loans to wealthy Brazilians, while UBS has a multifamily-office model. UBS has booking centers in the US, including in cities preferred by Latin American clients. including Miami, New York and Houston – a presence Credit Suisse lacks.

By Cristiane Lucchesi via Bloomberg Línea

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This Littler Lightbulb highlights some of the more significant employment and labor law developments at the U.S. Supreme Court and federal courts of appeal over the last month.

At the Supreme Court

  • Out-of-State Plaintiffs in FLSA Collective Actions. On March 6, 2023, the U.S. Supreme Court denied a petition to review Fischer v. Federal Express Corp., 42 F.4th 366 (2022), an FLSA collective action in which the Third Circuit upheld the district court’s refusal to allow individuals who worked for the defendant outside the forum state to opt in to the lawsuit. In so doing, the Court declined to settle the circuit split on whether its decision in Bristol-Myers Squibb Co. v. Superior Court of Cal., 137 S. Ct. 1773 (2017), a product liability action in which the Court limited the scope of federal court jurisdiction over out-of-state claims, applies to collective actions under the FLSA.

By Mark A. Flores via Littler News

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In this How to Do Business in the Americas podcast series episode, Littler Shareholders Courtney Wilson and Juan Carlos Varela discuss the practical implications of employment contracts in the Americas and their interaction with non-compete agreements and confidentiality clauses. In this podcast, Courtney gives the audience a summary of the common misconceptions employers have when structuring their employment agreements. Juan Carlos and Courtney then offer practical recommendations.

By Juan Carlos Varela and Courtney B. Wilson via Littler

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In the wake of the Brazilian National Data Protection Agency (ANPD) issuing further regulations1 on the determination of penalties for violations of the Data Protection Law (LGPD),2 on March 23, 2023 the ANPD launched a new webpage with the list of companies and government agencies currently under investigation in a punitive administrative process.

The list currently includes only eight entities: one private company and seven government agencies. The list includes their names, date the investigation started, the process number, current status, and a brief description of the alleged violations. The main alleged violations include:

  • Not complying with an ANPD request;
  • Lack of notice of data breach incident to data subjects; and
  • Lack of security measures.

By Renata Neeser via Littler News

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Our firm has featured in two important international legal publications in the last few days.

Mattos Filho received the main award at The Legal 500 Brazil Awards last week, being recognized as ‘Law Firm of the Year’. The awards are based on an assessment of law firm structure and the importance and complexity of the candidates’ cases.

We were also the firm with the highest number of recognized practice areas. Our Capital Markets practice was recognized in the ‘Capital Markets Law Firm of the Year’, ‘Deal of the Year’ (for Nubank’s IPO), and ‘Capital Markets Lawyer of the Year’ categories, while our Litigation and Arbitration practice also won the award for ‘Litigation Law Firm of the Year’.

Furthermore, we were ranked in nine different categories in the Chambers Brazil: Contentious 2023 guide, which recognizes the performance of the best firms and lawyers:

  • Bankruptcy/Restructuring
  • Competition/Antitrust
  • Compliance
  • Consumer Law
  • Dispute Resolution: Arbitration
  • Dispute Resolution: Litigation
  • Dispute Resolution: White-Collar Crime
  • Labour & Employment: The Elite
  • Tax: Litigation: The Elite

27 of our professionals appeared in the rankings, receiving a total of 29 recognitions.

We would like to thank both institutions for these recognitions, which reinforce our commitment to providing outstanding service and strengthening our strategic partnerships with clients.

Via Mattos Filho

Brazilian investment bank BTG Pactual set up an office in Riyadh , the capital of Saudi Arabia. The biggest investment bank in Latin America is the only one from Brazil with a presence in the largest Arab country in the Gulf region. It serves the six countries of the Gulf Cooperation Council (GCC); Saudi Arabia, the United Arab Emirates, Qatar, Oman, Kuwait, and Bahrain.

BTG Pactual partner and head of BTG Middle East , Mario Cavalieri, spoke about the bank’s activities in the region in a seminar at the Arab Brazilian Chamber of Commerce (ABCC) headquarters this Tuesday (28).“We set up an office in Riyadh to raise capital from [Saudi] Arabia and other GCC countries for investments in Latin America and attract Latin American investment to the Middle East,” said Cavalieri.

In addition, the bank carries out mergers and acquisitions in the region. The sectors attracting interest to Arab companies seeking to buy companies in Brazil and Latin America are animal protein, infrastructure, aviation, and hospitality , informed Cavalieri. On the other hand, the Arabs have sizeable operations in the energy sector, both in oil and gas and in renewable energies.

By Brazil-Arab News Agency (ANBA) via MENAFN

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WEBINARS FOR THE WEEK OF MARCH 27

March 29

The NLRB Today: What Every Employer Should Know

After President Biden pledged to be the most union-friendly president the country had ever seen, and appointed two new board members and NLRB General Counsel Jennifer Abruzzo to that end, the NLRB began an aggressive pursuit of employers.
In this session, Littler’s traditional labor law professionals discuss the state of union organizing and what employers should be doing about it, major NLRB decisions issued, and precedents under consideration. Attendees will leave this session with a
deeper understanding of the current union environment and the impact of NLRB decisions. This training is beneficial for both nonunionized and unionized employers in a wide range of industries.

Additionally, Stephanie Zielinski, ComplianceHR Marketing Director, will discuss the benefits of having an updated employee handbook and introduce you to PolicySmart. This all-in-one employee handbook tool can help you simplify the complexity of employment law and make your compliance strategy proactive instead of reactive.

March 30

Pregnancy and Lactation in the Workplace: An Update on Laws Affecting Pregnant Workers

In December 2022, Congress enacted two measures that expand rights for pregnant and nursing workers: the Pregnant Workers Fairness Act (PWFA) and the Providing Urgent Maternal Protections for Nursing Mothers Act (PUMP Act).

In this webinar, Mark Phillis and Jessica Craft will discuss the changes these new measures will bring to the workplace, from changes in accommodations to policies. This webinar will help you understand how these new laws impact employers, what steps you can take now to ensure compliance, and how to update your procedures before the upcoming enforcement deadlines.

Via Littler

Wed, Mar 29, 2023 9:00 AM BRT (8:00 AM ET)

Programação:

09:00 – 09:20 Abertura/Pesquisa inicial
09:20 – 09:40 Palestrante: Graziela Batista
09:40 – 10:00 Palestrante: Sarah Maia
10:00 – 10:10 Palestrante: Raquel Ramos
10:10 – 10:40 Palestrantes: Mariana Moraes/Christiano Santos
10:40 – 11:00 Perguntas e Respostas (Q&A)
11:00 – 11:15 Prova de Conhecimento/Encerramento

Speakers:

Raquel Ramos , PwC BR
Sarah Maia, PwC BR
Graziela Batista, PwC BR
Mariana Moraes, PwC BR
Christiano Santos, PwC BR
Kieran McManus, PwC BR

Citigroup Inc (C.N) CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series of closures rattled investors and fueled turmoil in global financial markets.

“The banking system is pretty sound,” and large and regional banks are well-capitalized, Fraser told the Economic Club of Washington D.C. on Wednesday.

“This is not a credit crisis. This is a situation where it’s a few banks that have some problems, and it’s better to make sure that we nip that in the bud,” she said.

By Lananh Nguyen and Saeed Azhar via Reuters

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The depth of innovation required to solve tough regional challenges, combined with Brazil’s high talent density, will increasingly create opportunities to invest in companies that aren’t just local winners, but global powerhouses.

“Brazil is not for beginners,” commented Bruno Balduccini, lead fintech partner of law firm Pinheiro Neto. The “Godfather of Fintech”, as he is known in the Brazilian venture ecosystem, was not referring to historical critiques of excessive bureaucracy that gave birth to this local expression. Rather, Balduccini was acknowledging the evolution of Brazil’s fintech ecosystem: the sophistication of the capital markets, the advances of its regulatory regime, and the companies that have transformed the financial services landscape, including Nubank (one of the most valuable challenger banks in the world).

Brazil is Latin America’s most developed ecosystem for technology-enabled financial services, and it’s hard to overstate the importance of Brazilian government bodies in boosting financial inclusion by promoting reforms across all areas of financial services. From the unbundling of the banking scheme that started in 2013—which allowed newcomers such as Creditas and Neon to apply for tiered licenses that are quicker and less costly than a full banking framework—Brazil is one of the leaders of the world when it comes to regulation-promoting financial services innovation. More than half of the country’s adult population, a staggering 64 million people, made their first digital payments transaction with PIX, Brazil’s instant payment system designed by the Central Bank. Moreover, more than 18 million accounts consent to share their data in the context of open finance, a 95 percent growth from September to December 2022. And after piloting projects last year, Brazil is in the advanced stages of launching its central bank digital currency, Real Digital, which aspires to leverage tokenization and smart contracts on the blockchain for enabling programmable money. For innovators, change means opportunity.

By Monica Brand EngelJonathan Whittle and Michel Zaidler via Observer

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Markets in Europe and Asia rebounded Friday after First Republic Bank was rescued by a group of major US lenders, easing worries about the current banking turmoil.

“Some optimism has returned to markets over the last 24 hours, with bank stocks stabilizing on both sides of the Atlantic,” Deutsche Bank analysts said in a note Friday.

First Republic Bank (FRC) is set to receive a $30 billion lifeline from a group of America’s largest banks, including JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (CBEAX), Citigroup (C) and Truist (TFC).

By  and , via CNN

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O Itaú Unibanco estreou como a primeira marca brasileira a patrocinar oficialmente o South by Southwest (SXSW), evento de tecnologia e inovação que ocorre em Austin, no Texas, nesta semana. O apoio marca a criação da plataforma de inovação do banco que envolve a participação em outros eventos, inclusive no Brasil. O objetivo, segundo Renato Haramura, superintendente de Marketing Institucional do Itaú, é, em primeiro lugar, democratizar o acesso à inovação para empreendedores e todo o ecossistema do banco e, internamente, contribuir com conhecimento para as principais mudanças culturais, comportamentais e tecnológicas que a companhia vive atualmente.

“O Itaú vive um contexto de transformação que não envolve apenas a digitalização, mas também uma mudança refletida em suas marcas, o reposicionamento recente de Personalitté é um exemplo disso. São transformações que envolvem formato, investimento, cultura. Estamos falando de um contexto de 100 mil funcionários. E trazer para dentro dos nossos ecossistemas todas as provocações que ocorrem aqui no SXSW é um desafio, ao mesmo tempo que reflete a oportunidade e o momento que vivenciamos”, destaca Haramura. Sobre os próximos passos da presença do Itaú no festival, Haramura reforça que o objetivo, agora, é estimular o pensamento de inovação em toda a companhia e independentemente de áreas.

By Luiz Gustavo Pacete via Forbes Brasil

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HSBC (HSBA.L) bought the UK arm of Silicon Valley Bank for a symbolic one pound on Monday, rescuing a key lender for technology start-ups in Britain, as the biggest bank collapse since the financial crash continued to roil markets.

The deal, which sees one of the world’s biggest banks, with $2.9 trillion of assets, take the doomed British arm of the tech lender under its wing, brought to an end frantic weekend talks between the government, regulators, and prospective buyers.

It came after U.S. authorities moved on Sunday to shore up deposits and try to stem any wider contagion from the sudden collapse of its parent Silicon Valley Bank (SIVB.O).

By Iain WIthers and William Schomberg

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Webinars for the weeks of March 13 & March 20

 

March 14

Conducting Effective Workplace Investigations


Conducting an effective workplace investigation can be a daunting task. It’s critical to maintain objectivity, uncover important facts, and follow compliance and confidentiality procedures. Despite their complex nature, these investigations continue to be increasingly important in today’s highly litigious workplace. Organizations must not only protect workers’ rights to proper investigation, but they must also show concern for workers’ wellbeing in the event of an accident. In this 60-minute webinar,
Rocio Blanco Garcia will walk you through a basic training on conducting effective workplace investigations.

Additionally, Stephanie Zielinski, Marketing Director of ComplianceHR will walk you through PolicySmart™. This all-in-one employee handbook tool can help you simplify the complexity of employment law and make your compliance strategy become proactive instead of reactive

March 15

Yet More Major New Changes in NY State and City Employment Law?!?


Littler’s New York office will review recent New York State and New York City employment law developments and identify the practical steps that businesses should take to maintain their employment compliance in 2023 and beyond. This discussion will cover multiple recent developments, including:

New Statutes

·        NYS additional protected categories under the NYS Human Rights Law

·        NYS pay transparency in job postings

·        NYS expanded lactation accommodation requirements

·        NYS new Lawful Absence Law

·        NYS regulation of work-related quotas for warehouse workers

Updates

·        NYC artificial intelligence enforcement

·        NYS expanded whistleblowers protection

·        NYS pay frequency litigation

·        NYS freelancers aren’t free

·        NYS Wage Transparency Law

·        NYS Adult Survivors Act

March 21

Where Have All the Workers Gone? – Tackling the Chronic Labor Shortage


In this webinar, Littler Shareholder Bruce Sarchet will discuss the scope of the current shortage of workers in the U.S., and

review some of the more popular options for attracting and retaining talent. Oftentimes, the more creative “bells and whistles” approaches to employee compensation and benefits come with a host of labor and employment law challenges. We will explore those challenges and discuss how human resources professionals, in-house legal counsel and business owners can implement solutions.

Additionally, Kimball Norup, CEO of ComplianceHR, will discuss the cultural and employee benefits of having a comprehensive
and up-to-date compliance strategy. He will also introduce you to the Navigator Suite of solutions, which can help you simplify the complexity of employment law and make your compliance strategy proactive instead of reactive.

March 22

Compliance Training Plus: Fresh Perspectives and Guidance on Compliance Training That Make Sense


Littler’s Training Group Principal Marissa Dragoo and Shareholder Demery Ryan will discuss the nuts and bolts of common workplace training challenges with Kantola Training Solutions’ CEO, Sarah Rowell.

This session will provide insights on training challenges and how to best address them, and will also provide attendees with a reminder and proposed game plans for addressing their many state and local jurisdiction compliance requirements, which now include Chicago’s new Bystander Intervention training.

Get an insider’s view on how to train hybrid workplaces, remote workplaces and multistate workplaces. This webinar will also provide techniques and advice for overcoming the challenges created by workplace operations, structure and dynamics,
including staff diversity from corporate employees, to manufacturing, traveling and even multilingual employees.

March 23

A Littler Virtual Roundtable | New York Retail Industry


Littler attorneys and in-house counsel from some of the nation’s top retailers present a highly engaging virtual roundtable discussion. This interactive forum will allow industry colleagues to share how businesses are handling current legal challenges. Participants will explore practical and out-of-the-box approaches to address challenges they have faced, sharing ideas and strategies that have proven successful.

Topics to be discussed at this roundtable include:

·        NLRB update including Board decision on severance agreements

·        Predictive scheduling laws

·        Pay transparency in job posting statutes

·        NYS legal updates including additional protected categories under NYS Human Rights Law, expanded lactation accommodation requirements, Lawful Absence Law, and enforcement of Artificial Intelligence Law

·        The worker protection unit/wage theft task force from DA Bragg

This roundtable discussion is designed for contacts within the retail industry.

 

Brazil’s state-run oil firm Petrobras (PETR4.SA) and Norwegian energy provider Equinor (EQNR.OL) on Monday said they signed an agreement to evaluate development of seven wind projects offshore Brazil.

The proposed projects would deliver a combined capacity of 14.5 gigawatts of power if confirmed, Petrobras CEO Jean Paul Prates said at the CERAWeek energy conference in Houston.

The project could cost $70 billion if confirmed in its entirety, with production starting in six to 10 years. The study phase of the project will last until 2028, the companies said.

By Sabrina Valle via Reuters

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O MileagePlus® é sua passagem para o mundo, com mais possibilidades de ganhar e usar milhas. Tenha à sua disposição mais destinos para viagens-prêmio do que qualquer outro programa de fidelidade de uma companhia aérea dos E.U.A.

Atualize seu perfil e tenha acesso aos benefícios do seu status MileagePlus:

• Nome completo (igual está no seu passaporte/bilhete emitido)
• Endereço completo com CEP
• Telefone para contato
• Data de nascimento
• E-mail
• Senha
• Perguntas de segurança (anotar as respostas e guardar em local seguro sempre)

ATUALIZAR AGORA

 

 

MileagePlus® is your ticket to the world, with the most ways to earn and use miles. Have at your disposal the most awarded destinations of any U.S. airline loyalty program.

Update your profile and get access to the benefits of your MileagePlus status:

• Full name (same as on your passport/issued ticket)
• Complete address with zip code
• Phone number
• Date of birth
• Email
• Password
• Security questions (keep them in a safe place always)

UPDATE NOW

Despite the turbulence this year, private equity and venture capital investments in Brazil grew by more than 13% in the first half of 2022 alone. With a stable political and economic outlook, along with a devalued currency and investors moving away from other emerging markets, Brazil is a prime target for investments in 2023.

New Government in 2023

On October 30, 2022, former president Luis Inácio Lula da Silva (Lula) was elected as Brazil’s next president. Despite receiving the largest number of votes ever for any candidate in Brazil’s democratic history, Lula beat the incumbent president Jair Messias Bolsonaro by the smallest margin ever in a Brazilian presidential election; 50.9% to 49.1%.1 Lula will be sworn in on January 1, 2023 for his third time, after having served as president from 2003 to 2010. A founding member of the Workers’ Party (PT), Lula is seen as a left-wing politician, which is diametrically opposed to Bolsonaro, who is the leader of Brazil’s far right political movement.

President Lula will be checked by a newly elected Congress and Senate that are among the most conservative ever. President Bolsonaro was able to elect numerous supporters to both houses, who will work actively to oppose any radical policies that Lula could propose. While this will create some difficulty for Lula to approve much needed reforms, such as simplifying the country’s tax code, it should create some stability, which generally favors investment. President Lula’s team has started providing glimpses into what his future cabinet will look like. His economic team is expected to include well-known economists with successful track records in fostering growth and stability, which will help ease tensions in the market. In the first week after his election, the Brazilian stock exchange climbed 3%2 and the Brazilian Real increased by 4.5% compared to the U.S. Dollar,3 showing that there is some optimism now that the elections are over.

By Carlos Flávio Lopes, Managing Director via StoneTurn

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On January 19, 2023, the U.S. Department of Homeland Security (DHS) reached a settlement in Edakunni v. Mayorkas. As a result of the settlement, U.S. Citizenship and Immigration Services (USCIS) has agreed to resume its policy of adjudicating extension of status, change of status, and employment authorization applications filed by spouses and children of L-1 and H-1B nonimmigrant visa holders along with the petition filed on behalf of the principal applicant so long as they are concurrently and properly filed.  Specifically, USCIS will review Form I-539, Application to Extend/Change Nonimmigrant Status, and Form I-765, Application for Employment Authorization, for H-4 and L-2 dependent spouses and children at the same time it considers the underlying Form I-129, Petition for a Nonimmigrant Worker, for the corresponding principal applicant when they are all concurrently and properly filed.

Prior to 2019, USCIS routinely adjudicated I-539 and I-765 applications concurrently with a principal applicant’s I-129 petition as a courtesy when the applications were properly filed at the same time. As a result of ongoing policy changes at the time, USCIS stopped bundling adjudication and each petition and application was adjudicated independently. The unbundling of adjudication added significant processing delays as it required additional biometrics from the I-539 and I-765 applicants, making it difficult for these applicants to be able to maintain their employment as the lengthy delays caused a lapse in work authorization.

By Deepti S. Orekondy via Littler

Learn more

Acontecimentos globais recentes alavancaram a aprovação da Lei nº 14.478/2022 (“Lei das Criptomoedas”) no Brasil. Com ela, a criptoeconomia ganha um marco legal mínimo, que deve promover um ambiente de crescimento e inovação financeira nos países sul-americanos. 
Entre as inovações trazidas pela nova lei destaca-se a criação dos chamados provedores de serviços de ativos virtuais (VASP), empresas que devem ter licença prévia para negociar, intermediar e fazer custódia de ativos virtuais no Brasil.

Nossas sócias Juliana Abrusio, head da área de Direito Digital e Proteção de Dados, Alessandra Carolina Rossi Martins, sócia na área de Bancário, Seguros e Financeiro, e o advogado Marcelo de Castro Cunha Filho, especialista nas áreas de criptoativos, blockchain e tokenização, receberão Bárbara Espir, vice-presidente jurídica da Bitso, para debater esse e outros tópicos em nosso webinar.

7 de fevereiro  |  10h – 11h30 (Hora de Brasília)

 

Moderadora:

JULIANA ABRUSIO
Head da área de Direito Digital
e Proteção de Dados do Machado Meyer

Palestrantes:

ALESSANDRA CAROLINA ROSSI MARTINS 
Sócia na área de
Bancário, Seguros e Financeiro do Machado Meyer
MARCELO DE CASTRO CUNHA FILHO 
Advogado ​​​​​especialista
nas áreas de criptoativos, blockchain e tokenização do Machado Meyer
BÁRBARA
ESPIR

Vice-presidente
jurídica da Bitso

INSCREVA-SE

 

Copa Airlines announced Thursday the start of operations in June of this year to the cities of Baltimore in the United States and Manta in Ecuador. With these two new destinations, the airline reinforces its leadership in Latin America and strengthens the position of Panama and the Hub of the Americas as the main hub in the region.

“We are pleased to start the year by announcing the opening of two destinations full of history and with great tourist appeal in markets as important to Copa as Ecuador and the United States. In this way, we remain steadfast in our goal to increase connectivity through Panama between the countries where we operate, and contribute to the growth of tourism, investment and economic and social development in our region,” said Pedro Heilbron, CEO of Copa Airlines.

With the opening of Baltimore, Copa continues to consolidate its route network in the U.S., adding the historic and cultural “Charm City” known for having more statues and public monuments per capita than any other U.S. city. This coastal destination joins the thirteen already operated by the airline in the United States: Tampa, Miami, Orlando, Atlanta, Boston, Chicago, New York, Denver, Washington, Las Vegas, Los Angeles, San Francisco, and Fort Lauderdale.

By Dergan Mousa via Aviacion al dia 

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​Em 21 de dezembro de 2022, foi sancionada pelo Presidente da República a Lei nº 14.478/2022 (“Marco Legal de Criptoativos” ou “MLC”), que dispõe sobre diretrizes a serem observadas na prestação de serviços de ativos virtuais e na regulamentação das prestadoras de serviços de ativos virtuais.

A norma teve origem no Projeto de Lei nº 2.303/2015, apresentado pelo Deputado Federal Aureo Ribeiro em 8 de julho de 2015. Mais de 6 anos após a sua apresentação, em 8 de dezembro de 2021, o projeto foi aprovado pela Câmara dos Deputados e remetido ao Senado Federal, onde foi renumerado como Projeto de Lei nº 4.401/2021 (“PL 4.401”). O PL 4.401 foi aprovado em abril de 2022 pelo Senado Federal, e em
novembro pela Câmara dos Deputados. Ao longo do processo legislativo, o Senado Federal aprovou um substitutivo ao texto original do projeto (“Substitutivo”) com algumas alterações que, posteriormente, foram rejeitadas pela Câmara dos Deputados, resultando na sua não incorporação no texto final do Marco Legal de Criptoativos. O MLC entrará em vigor 180 dias após sua publicação no Diário Oficial da União, que ocorreu em 22 de dezembro de 2022.

Via BMA Advogados

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Profissionais:

Fernanda Villela
São Paulo
Languages: Portuguese, English, Italian, Spanish
fvi@bmalaw.com.br

 

 

New Perspectives – FPI Year End Update

Tue, Jan 24, 2023  at 10:30 AM BRT (8:30 AM ET)

Program:

10:30- 10:50 Initial survey
10:50-11:10 Speaker: Guilaine Saroul (US)
11:10-11:20 Speaker: Emily Kirsch (US)
11:20-11:30 Speaker: Dianna Taylor (UK)
11:30-12:30 Q&A (20 min each for the questions below)
12:30-12:45 Final test (for Brazilians only)

Speakers:

Guilaine Saroul , PwC US
Emily Kirsch, PwC US
Dianna Taylor, PwC UK
Kieran McManus, PwC BR

Atividades de Fusões e Aquisições (Mergers & Acquisitions – M&A, em inglês) tiveram uma forte redução no ano de 2022 com números preliminares refletindo queda de mais de 19% em número de transações e aproximadamente 39% em volume transacionado. Transações de grande porte (big tickets) foram mais ocasionais e impactaram fortemente na redução de valor transacionado.

Os motivos são conhecidos. Incertezas econômicas com temas relacionados a inflação, taxas de juros e recuperação (ou recessão) das principais economias, a guerra da Rússia com Ucrânia, as quebras nas cadeias de fornecimento, as perspectivas do mercado chinês e, não menos importante, neste contexto todo, como se comportarão globalmente as curvas de oferta e demanda. Adicionam-se a estes temas, alterações em ambientes políticos e relações geopolíticas em vários países (EUA, América Latina, China, dentre outros) e a crescente relevância, e provocação junto a governos, reguladores, investidores e a sociedade aos temas ESG (Enviromental, Social and Governance), principalmente no ângulo de Enviromental.

E uma rápida guinada não pode ser esperada para 2023. Os fatores mencionados, embora não possam ser classificados como estruturais, são um grande desafio e não devem se resolver em curto prazo. A consequente volatilidade dos mercados de capitais, com recordes negativos de abertura de capital de empresas (IPO – Initial Public Offerreing), follow-ons ou mesmo o questionamento, ou baixa performance, dos modelos de investimentos estruturados como SPACs (Special Purpose Acquisition Companies), o aumento das taxas de juros e a incerteza econômica impactam diretamente as atividades de Fusões e Aquisições. Aumentos de taxas de juros geram consequências, não somente nos investimentos em expansão de capacidade produtiva, mas também no aumento da aversão dos investidores ao mercado de riscos e imediata alocação de recursos na categoria de renda fixa, onde maior estabilidade e previsibilidade, bem como garantia de retorno, estão presentes. Além disto, referida falta de previsibilidade e maior instabilidade, causaram a re-precificação dos ativos (empresas) – além e afetar o poder de compra de investidores, estratégicos ou financeiros, que, com o aumento do custo de financiamento (maior taxas de juros), aumenta o custo de fazer aquisições.

Por Alexandre Pierantoni via Kroll

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Norma dispõe sobre adoção de métodos e definições de partes relacionadas para alinhar as regras brasileiras aos padrões internacionais

A edição publicada em 29 de dezembro de 2022 do Diário Oficial da União tornou pública a Medida Provisória nº1.152 (MP 1152), que introduz alterações na legislação do Imposto sobre a Renda das Pessoa Jurídicas (IRPJ) e da Contribuição Social sobre o Lucro Líquido (CSLL) para dispor sobre as regras de preços de transferência.

A MP 1152 visa a alinhar as regras do país com os padrões internacionais. Trata-se do resultado de um processo amplo de tentativa de aproximação e adequação das normas brasileiras com o preconizado pela Organização para a Cooperação e Desenvolvimento Econômico (OCDE). Para tanto, houve a adequação ao princípio arm’s length e alterações em regras de preço de transferência que eram exclusivas ao Brasil.

Confira abaixo as principais previsões da MP 1152:

Novidades e disposições gerais

Arm’s Length

A MP 1152 adota o princípio do Arm’s Length para fins de determinação da base de cálculo dos tributos de que trata as operações sujeitas às normas de Preço de Transferência. De acordo com este princípio, os termos e as condições de uma transação controlada serão estabelecidos com base naqueles que seriam estabelecidos entre partes não relacionadas em transações comparáveis.

Neste sentido, sua aplicação exige a delimitação da transação controlada (ou seja, a transação sujeita as regras de Preço de Transferência) e a análise de comparabilidade da transação controlada com as operações com partes não relacionadas (i.e., transações não controladas).

Via Mattos Filho

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Nosso time de Propriedade Intelectual preparou um e-book com artigos sobre questões atuais que dizem respeito a patentes, direitos autorais, marcas e mais. Confira abaixo os textos dos nossos profissionais ou clique aqui para fazer download do material completo.

Roadmap de Propriedade Intelectual para Empresas Estrangeiras no Brasil

Por Antonella Carminatti, André de Moura Reis e Fernanda Quental

Muitas empresas estrangeiras, ao vislumbrarem sua expansão para outros mercados, negligenciam aspectos que podem afetar significativamente seus negócios, entre eles a proteção de seus ativos de propriedade intelectual diante das legislações locais. É comum que, durante a definição de territórios de interesse para proteção, não sejam levadas em conta especificidades legais de cada um, frustrando expectativas de posicionamento de mercado e retorno sobre investimentos realizados.

A importância dos Segredos de Negócio em Operações de Fusão e Aquisição

Por Pedro Barroso e Tathyana Candu

Apesar de não ser objeto de definição legal, o segredo de negócio é amplamente reconhecido pela doutrina e jurisprudência.

Direito Autoral em obras arquitetônicas: investigação de plágio

Por Pedro Barroso e José Humberto Deveza Assola

A Lei de Direitos Autorais (Lei n. 9.610/1998) protege, como obras intelectuais, “criações do espírito, expressas por qualquer meio ou fixadas em qualquer suporte, tangível ou intangível, conhecido ou que se invente no futuro”, dedicando especificamente o inciso X do art. 7º aos projetos, esboços e obras plásticas concernentes à arquitetura.

Exceções aos Direitos Autorais: Quais são os limites para as citações?

Por Raysa Vital Brazil e Tathyana Candu

São consideradas obras autorais as criações do espírito, desde que sejam expressas por qualquer meio ou fixadas em qualquer suporte. A proteção da obra autoral nasce no momento de sua criação, independe de registro e perdura por 70 anos contados a partir de 1° de janeiro do ano  subsequente ao falecimento de seu autor ou ao de sua divulgação, dependendo da modalidade da obra.

Direito de imagem de coadjuvantes em obras biográficas

Por Pedro Barroso e José Humberto Deveza Assola

O Supremo Tribunal Federal, ao julgar em 2015 a Ação Declaratória de Inconstitucionalidade nº 4.815, que dizia respeito a interpretação dos arts. 20 e 21 do Código Civil no contexto de publicações  biográficas, entendeu pela priorização da liberdade de informação e da criação artística, ressaltando a inexigibilidade de consentimento da pessoa biografada e, ainda, a desnecessidade de autorização de pessoas retratadas na obra como coadjuvantes.

O peso das características técnico-funcionais no exame de desenhos industriais

Por Ana Cristina Müller e André de Moura Reis

No Brasil, desenhos industriais têm certas limitações para sua proteção, conforme definido pela Lei de Propriedade Industrial. Por exemplo, objetos ou padrões ornamentais contrários à moral e aos bons costumes ou contrários à liberdade de consciência ou de crença não são registráveis como desenhos industriais.

Interpretação atual do Artigo 32 da Lei de Propriedade Industrial e suas consequências

Por Ana Cristina Müller e Lilian Ghitnick Arcalji

Quando um pedido de patente é depositado, a data de depósito estabelece o marco temporal para definição da matéria inicialmente revelada, ou seja, aquela que indica a invenção que se deseja proteger via patente.

Alterações do Novo Marco Cambial (Lei nº 14.286/21) e seus Impactos em Contratos de Tecnologia

Por Jana Fraccaroli e Roberta de Melo Doyle Maia

O Novo Marco Cambial evidencia a intenção do legislador de desburocratizar a remessa de royalties ao exterior e facilitar a transferência de tecnologia entre o Brasil e outros países.

Marcas de Luxo no Ambiente Digital

Por Fernanda Quental e Jana Fraccaroli

O mercado global de produtos e serviços de luxo continua ganhando destaque e apresentando crescimento, mesmo com os impactos econômicos causados pela pandemia de Covid-19. A procura pelo luxo segue forte e com grande projeção de crescimento global graças à sua grande capacidade de adaptação e inovação.

Patentes e o Metaverso – Tecnologias para o Desenvolvimento de Plataformas

Por Ana Cristina Müller e Valter Silva Couto

Em 13 de setembro de 2022, a Justiça Federal da Paraíba (JFPB) estabeleceu interessante precedente em uma audiência de conciliação: foi a primeira vez no Brasil que uma audiência foi realizada “dentro do Metaverso”.

Inteligência Artificial no Setor de Saúde e Propriedade Intelectual

Por Gustavo Vieiralves, Letícia Viana e Lilian Ghitnick Arcalji

No campo do “machine learning”, a participação do ser humano ocorre, por exemplo, na determinação da qualidade de dados escolhidos ou na forma de programar um algoritmo.

Patentes de interesse de Defesa Nacional – Perspectiva Brasil e França

Por Antonella Carminatti e Gabriel Viana Souza

O artigo 75 da Lei de Propriedade Industrial (Lei 9.279/96) assegura ao Estado o direito de intervir no processamento de pedidos de patentes e/ou na exploração de patentes que envolvam invenções que possam afetar a Segurança Nacional, desde que tais pedidos tenham sido depositados prioritariamente no Brasil. Invenções na área da indústria bélica ou nuclear, entre outras, podem ser citadas como exemplos de casos que podem ser incluídos neste dispositivo.

Via BMA Advogados

Saiba mais

Latham topped seven finalist firms and earned recognition across categories, including in the Energy and Technology/Telecommunications sectors and Corporate Attorney of the Year.

The American Lawyer (AmLaw) named Latham & Watkins the 2022 Law Firm Corporate Practice of the Year at the publication’s annual Industry Awards. AmLaw selected Latham as the best among seven leading law firm finalists. The awards honor “those lawyers, business professionals, law firms, and organizations that are elevating the profession to new heights” and “shine a light on the best of the best—those firms that clients should call with their critical corporate work.”

In a feature articleAmLaw said: “Latham & Watkins’ evolution into a corporate leviathan was a deliberate, drawn-out path built on scope and scale, strong talent acquisition and the ability to work on matters for clients small and large in a variety of capacities. That investment culminated, over the second half of 2020 and through 2021, in perhaps one of the greatest runs a Big Law corporate department has ever seen.”

Latham was a finalist in four of AmLaw’s corporate practice categories, the most of any law firm, including:

  • General/Overall achievement across a firm’s transactional work
  • Corporate Attorney of the Year, which featured Bay Area Office Managing Partner Tad Freese as a finalist

Via Latham & Watkins

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United Airlines (UAL.O) said Tuesday it is ordering 100 Boeing (BA.N) 787 Dreamliners and 100 737 MAXs as it pushes for post-pandemic growth and replaces older, less-efficient aircraft.

The Chicago-based airline’s order for 200 airplanes is worth about $43 billion at list prices and represents a big boost to the U.S. planemaker after political and production issues for the two planes this year.

United said its new order of 100 737 MAX airplanes includes exercising options to purchase 44 737 MAX aircraft for delivery between 2024 and 2026 and had ordered 56 more MAX aircraft for delivery between 2027 and 2028 and now 443 MAXs on order.

United’s big bet on the 787 reflects expectations for continued rising demand for long-haul travel and a desire to replace older airplanes. Boeing said it was the biggest Dreamliner order, while United said it represents the largest widebody order by a U.S. carrier.

By David Shepardson via Reuters

Compra reforça estratégia global, que prevê investimentos superiores a R$ 1 bilhão ao longo de 5 anos no Brasil 

A PwC, gigante mundial em serviços profissionais, anuncia hoje a aquisição do AgTech Garage, maior hub de inovação aberta do agronegócio no Brasil e um dos maiores do mundo. Fundado em 2017, o hub conta com mais de mil startups conectadas a centenas de clientes de toda cadeia do agronegócio, atuando como protagonista de inovação aberta do setor. A aquisição reforça a importância do Brasil no agronegócio global e reafirma o foco da PwC no setor, onde já é líder inconteste.

“Tecnologia e inovação são fundamentais para apoiar nossos clientes em diversas oportunidades e desafios que se apresentam diariamente no setor, sendo o principal deles, o de alimentar um mundo em constante mudança e crescimento populacional, de forma sustentável”, diz Marco Castro, CEO da PwC Brasil. “Temas como biotecnologia, rastreabilidade, eficiência operacional, data analytics, conectividade no campo, foodtechs, agro fintechs, descarbonização, proteínas alternativas, transição energética, ESG,  entre outros, estão na agenda dos principais tomadores de decisão das empresas do Agro”, reforça.

Via PwC

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Welcome to our 2022 Global Annual Review, ‘A Year of Solving Together.’

This is the story of how PwC’s global network of nearly 328,000 people – our community of solvers – managed the challenges and opportunities of the last 12 months and helped our clients and stakeholders navigate a successful path forward.

This year, the war in Ukraine, the continuing COVID-19 pandemic, rising inflation, an energy crisis, supply chain disruption and the pressing need to address climate change have combined to produce the most difficult set of global circumstances in my career. Managing such tough global challenges is possible only when we come together: when people with diverse skills combine forces to solve complex problems, and when business steps up to take responsibility for its impact on the society of which it is an inseparable part.

I’m so proud of the work that our talented community of solvers has delivered around the world this year to support our clients and to make positive contributions to the society we all share. I would like to thank each and every one of them for their hard work, enthusiasm and perseverance. Our people, and the wide range of skills and experiences they bring to work every day, are the engine of our success.

By Bob Moritz via PwC

Read full article

The in-person event “AgriTalks – Green Finance in Brazil: New Developments and Opportunities”, where Brazilian government officials and representatives of the private sector from both Brazil and the U.S. will discuss the current state, perspectives and opportunities for the green finance market in Brazil.

The seminar will take place at the Consulate General of Brazil, on November 17th,from 9:00 a.m. to 1:00 p.m. There will be a Q&A session, in addition to a coffee break and reception at the end of the event.

Agritalks – New York

Green Finance in Brazil: New Developments and Opportunities

New York, November 17th, 2022

Program:

Registration (9:00-9:30)

Welcome Speech (9:30-9:35)

• Ambassador Maria Nazareth Farani Azevêdo, Consul General of Brazil in Nova York

Keynote Speech (09:35 – 09:55)

• Fernando Sardenberg Zelner Gonçalves – Deputy Secretary for Trade and International Relations, Ministry of Agriculture, Livestock and Food Supply – MAPA

Panel 1 – New Instruments and Regulations in the Brazilian Green Finance Market (09:55-10:45)

• José Angelo Mazzillo Junior – Secretary for Agriculture Policy. Ministry of Agriculture, Livestock and Food Supply – MAPA

• Thatyanne Gasparotto – Director, Green & Sustainable Financing Solutions, Natixis CIB Americas

• Lucio Feijó Lopes – Senior Partner, Feijó Lopes Advogados

• Leisa Souza – Head LatAm, CBI

• Moderator: Professor Sidney Nakahodo – Columbia University, School of International and Public Affairs

Coffee Break (10:45-11:00)

Panel 2 – Opportunities for Investment in Green Finance in Brazil (11:00 – 11:50)

• Marcela Porto Costa – Sustainability Expert, Santa Brígida Farm

• Eliza G. Pepper – Head of Advisory & Wealth Planning LatAm, UBS

• Maurício Bauer – Director of Sustainability, JBS

• Leticia Phillips – Representative for North America, Brazilian Sugarcane Industry Association – UNICA

• Moderator: Amy Wu, Journalist, Columbia University

Questions and Answers (11:50-12:15)

Reception (12:15- 13:00)

REGSITER NOW

Jovens talentos: our redesigned internship program

Mattos Filho has recently redesigned its internship program, focusing exclusively on the personal and professional development of our interns. Jovens Talentos (Young Talents) marks the beginning of their professional careers, and the program will now further support the education of future attorneys.

We want to promote discussions and reflections on the internship model currently adopted in Brazil and, ultimately, on the legal career in law firms. New hires will be subject to these changes starting in 2023. Before rolling out the program, we would like to share the most important innovations with you:

•    We will reduce working hours (from 6 to 5), in a hybrid format;
•    We will grant our interns 15 days’ leave to prepare for the Brazilian Bar Association (OAB) examination;
•    Selected interns will take part in a committee with partners, created exclusively to oversee the program;
•    We will have exclusive vacancies for black students, students coming from public schools, families with an income of up to three minimum wages, and those participating in public educational incentive programs;
•    As the internship creates career expectations, we will inform interns in advance whether or not they will be hired as full-time professionals.
•    The last significant change is that hours incurred by interns will no longer be billed to our clients – precisely because they will be dedicated only to their development as students.

This new proposal will allow students to focus on activities and routines to develop technical and behavioral skills, in addition to their degree programs. It is time to think about how we are contributing to the academic development of our interns.

By the end of the program, we hope that our interns will have had the opportunity to enrich their training and understand how the various legal practices work, see the challenges and opportunities in the legal profession and develop the key values and skills for succeeding in their careers.

All this aligns with this specific phase in their lives: being students.

We know that the program will continue to evolve. We live in a challenging, dynamic environment where it is necessary to take steps to achieve a balance between performance and well-being. After all, they should go hand-in-hand. This is perhaps the greatest challenge for organizations today. This is Mattos Filho’s first step, but all positions within the firm will also receive our full attention, with new initiatives to monitor career development.

Finally, I want to take this opportunity to extend our respect and reinforce our commitment to you – our clients – and to thank you for your partnership.

Kind Regards,

Roberto Quiroga

Mattos Filho