No. 74 of BMA Review presents our professional analysis about current matters that can be related to your business.

Click here to read the new issue or check out all BMA Review’s articles below. If you’re interested in any of them, click on the titles to read the whole content.
Have a nice reading!
ENVIRONMENTAL AND CLIMATE CHANGE
By Ana Cândida de Mello Carvalho, Beatriz Paulo de Frontin and Débora Signorelli Carvalho
The main challenge is drafting strong, clear concession contracts that make an appropriate allocation of risks and responsibilities between the parties and provide the legal certainty needed to attract private investment.
INFRASTRUCTURE AND REGULATORY & GOVERNMENT AFFAIRS
By Plínio Simões Barbosa and José Guilherme Berman
The reform of Brazil’s Administrative Improbity Law, in October 2021, is an opportunity to streamline the application of penalties on companies involved in illegal conduct involving the public administration. The changes have a direct impact on businesses that have contracts with the government.
TAX
By Vivian Casanova and Carolina Carvalho de Andrade
The mere absence of a business purpose for a corporate transaction, without any allegation of illegality in the goodwill itself, does not constitute fraud for the purposes of the doubled assessment penalty.
LABOR AND EMPLOYMENT
By Cibelle Linero and Cristiana Fernandes Barros
At the end of October 2021, Brazil’s constitutional court struck down provisions of the Consolidation of Labor Laws dealing with payment of expert witness fees and court-awarded attorneys’ fees by unsuccessful claimants who are entitled to free access to the courts.
CORPORATE AND M&A
By Fernanda Pereira Carneiro, Ana Luiza Guimarães Mendonça and Bruno Massena.
The main changes introduced by Resolution 44 involve presumptions on the use, access to, and knowledge of the importance of inside information, along with prohibitions against insider trading prior to the disclosure of financial information.