The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
AVENIDA PAULISTA, 1079, 4Âș E 5Âș ANDARES, SAO PAULO, SP 01311-200, BRAZIL
Tel:
Work +55 11 3087 2100
Fax:
Fax +55 11 3898 1646
Email:
Web:
www.dcadv.com.br

Brazil

Banking and finance
Banking and finance - ranked: tier 4

Dias Carneiro Advogados

Over the past year, Dias Carneiro Advogados' 'very business-oriented and friendly team' made a particularly strong showing in the agribusiness and energy sectors — for both lenders and borrowers. Highlights included advising Inter-American Development Bank, the Inter-American Investment Corporation and the China Co-Financing Fund for Latin America and the Caribbean on a $55m loan to Vale do ParanĂĄ Álcool e AçĂșcar to finance the expansion and renewal of sugarcane plantations. On the borrower side, it assisted Biosev with its R$3.6bn global debt refinancing, which involved 11 domestic and foreign financial institutions. Department head Thiago Vallandro Flores 'understands the commercial as well as legal drivers', while increasingly prominent project finance specialist Paulo Leme is a 'very skilled banking lawyer, with deep market knowledge'.

[back to top]

Bankruptcy and restructuring
Bankruptcy and restructuring - ranked: tier 4

Dias Carneiro Advogados

Dias Carneiro Advogados excels in litigation and as such is regularly instructed in judicial restructuring proceedings, where it has a solid track record representing creditors. In recent work, Laura Mendes Bumachar acted for Organización Corona, the largest individual creditor and former joint venture partner of Eternit group on the latter’s judicial reorganisation. Also in the team are Eduardo Zilberberg and counsel Antonio Nachif.

[back to top]

Capital markets
Capital markets - ranked: tier 4

Dias Carneiro Advogados

‘Responsive and business-savvy’, Dias Carneiro Advogados debt-focused group is recommended for its expertise in energy, agribusiness, infrastructure and mining-related offerings. Highlights included advising sugar and agribusiness giant USJ Acucar e Alcool, on its R$91.8m offering of debentures. Thiago Vallandro Flores is a ‘pleasure to work with’ and heads a group that includes new arrival Anna Dutra, who was previously general counsel at Brasil Plural, and recently made-up partner Paulo Leme.

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 4

Dias Carneiro Advogados

Dias Carneiro Advogados' antitrust and compliance expert Joyce Ruiz Rodrigues Alves was promoted to partner in 2018, illustrating the firm's investment in these fields. The team was further bolstered by the arrival of associate Camila Lisboa Martins from L.O. Baptista Advogados. The pair are currently representing a pharmaceutical company in an administrative proceeding as part of CADE's investigation into alleged cartel practices in public procurements for drug acquisitions.

[back to top]

Compliance
Compliance - ranked: tier 3

Dias Carneiro Advogados

Dias Carneiro Advogados handled a number of corporate investigations during 2017 and 2018, and the firm illustrated its commitment to the compliance practice when it promoted Joyce Ruiz Rodrigues Alves to partner in 2018. She is often retained by domestic and foreign companies to advise on and review compliance programs. Ricardo Sanches has a broad practice that spans anti-corruption, corporate integrity, M&A, regulatory and public law.

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 4

Dias Carneiro Advogados

Dias Carneiro Advogados excels in the tech sector, often representing venture capital firms in significant acquisitions. In 2018, this included advising Monashees Capital in the purchase of a minority stake in healthcare start-up Hi Technologies, and Kaszek Ventures in the indirect acquisition of a minority stake in Hash Lab SoluçÔes Pagamentos; Eduardo Zilberberg led the advice on both deals. Beyond this field, the team has a broader corporate and M&A offering, handling domestic and cross-border deals in several industries. A team led by Eduardo Turkienicz and Artur Fernandes Andrezo advised Dechra Pharmaceuticals on the acquisition of Laboratórios Vencofarma do Brasil. The department expanded with the hire of Anna Dutra, formerly general counsel at investment bank Brasil Plural.

[back to top]

Dispute resolution (including White-collar crime)
Dispute resolution (including White-collar crime) - ranked: tier 7

Dias Carneiro Advogados

The 'very capable and engaged' team at Dias Carneiro Advogados is led by Laura Bumachar, who has notable experience in litigation and restructuring. In recent work, Bumachar and senior associate Lucas Paulino successfully defended a client in a public civil action related to alleged environmental damages. Eduardo Turkienicz and Antonio Nachif are also recommended.

[back to top]

Labour and employment
Labour and employment - ranked: tier 4

Dias Carneiro Advogados

A 'great business partner', Dias Carneiro Advogados  is 'very objective' and its lawyers 'reply promptly'. It stands out in the tech sector, and recently expanded its client portfolio of startups and investment funds. Practice head André de Melo Ribeiro is an 'outstanding lawyer', and senior associate Cynthia Fernandes Guidotti an 'excellent labour litigator'.

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 2

Dias Carneiro Advogados

Dias Carneiro Advogados has a 'good commercial understanding' and regularly advises international clients on the negotiation of project contracts, regulatory matters and project financings. A recent highlight in the renewables sector was assisting Vestas Wind Power with the negotiation of agreements with Queiroz Galvão Energia for the operation and maintenance of wind farms. Ricardo Sanches has 'incredible negotiation skills and know-how' and Thiago Vallandro Flores is 'excellent'.

[back to top]

Tax
Tax - ranked: tier 4

Dias Carneiro Advogados

Antonio Amendola and Rodrigo Maito da Silveira lead the tax and customs practice at Dias Carneiro Advogados, which had a busy year in 2018 in both litigation and consulting. Its clients include tech, telecoms and life sciences companies. Counsel Juan Manuel Mendez and senior associate Thiago CorrĂȘa Vasques are active members of the team.

[back to top]

Brazil: Energy and natural resources

Electricity
Electricity - ranked: tier 3

Dias Carneiro Advogados

Dias Carneiro Advogados continues to ramp up on the power side, notably adding Shanghai Electric Power Generation as a new client in 2018, among other high-profile names. Best known for its strength in commercial and regulatory matters, the group is also very active on the transactional front, particularly on the finance side. Project finance head Thiago Vallandro Flores recently advised Usina de Energia Eólica Vila Acre I on a R$105.4m loan facility from Banco do Nordeste do Brasil to finance the construction and development of a wind project. Ricardo Sanches, who leads the public law, regulatory and infrastructure groups, is also recommended.

[back to top]


Further information on Dias Carneiro Advogados

Please choose from this list to view details of what we say about Dias Carneiro Advogados in other jurisdictions.

Brazil

Offices in Sao Paulo

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • CommuniquĂ© on Equity Crowdfunding Is Officially Published

    By way of background, in January 2019, the Capital Markets Board (“ CMB ”) had issued an announcement on its website on the Draft CommuniquĂ© on Equity Crowdfunding [1] . The CMB has now officially published the CommuniquĂ© on Crowdfunding No. III-35/A (“ CommuniquĂ© ”), on October 3, 2019. The CommuniquĂ© entered into force as of October 3, 2019.
  • Beneficial Ownership Concept new interpretation from the Russian federal tax service

    The recent interpretative letter issued by the Russian Federal Tax Services (“FTS”) on 08th August 2019, has provided further guidance as to the application of the Beneficial Ownership Concept, further to the letter initially provided on the 12th of April 2018 which adopted a strict approach of the concept. 
  • Cyprus and Netherlands Double Tax Treaty Update

    Cyprus has concluded the negotiations for the avoidance of double taxation with the Netherlands. The double tax treaty was agreed at technocratic level in Hague. It is expected to be signed by the end of 2019 or early in 2020.
  • Vacancy - Senior Corporate Lawyer

    The Senior Corporate Lawyer, who will be reporting to Partners, will be working with both the firm’s legal team as well as the financial services team. The successful candidate will be requested to show initiative, take on certain responsibilities within the firm, work in a multinational environment and will immediately be given the opportunity to further advance their career within the law firm.
  • CJEU RULED ON THE APPLICATION OF THE BENEFICIAL OWNERSHIP CONCEPT

    The judgment of the Court of Justice of the European Union (CJEU) on February 26, 2019, in the “Danish Beneficial Ownership Cases”, can be perceived as a landmark on the interpretation of the Beneficial Ownership concept under the Interest and Royalties Directive (IRD) and the Parent-Subsidiary Directive (PSD).
  • Court of Justice rules on source of income for Derivative Residence applications

    On 2 October 2019, the Court of Justice delivered its judgment in Bajratari v Secretary of State for the Home Department (Directive 2004/38/EC) Case C-93/18 which concerns Chen applications and the source of funds for self-sufficiency. 
  • End of the ‘centre of life test’ in Surinder Singh cases?

    In the recent case of  ZA (Reg 9. EEA Regs; abuse of rights) Afghanistan   [2019] UKUT 281 (IAC ), the Upper Tribunal found that there is no basis in EU law for the centre of life test, as set out in Regulation 9(3)(a) of the Immigration (European Economic Area) Regulations 2016 (the “Regulations”). It further found that it is not to be applied when Judges assess  Surinder Singh  cases that appear before them.
  • ITALIAN RULES ON JOINT VENTURES IN PUBLIC PROCUREMENT AND CONCESSIONS

    Italian rules on jointventures concerning public procurement and concession contracts are set out inlight of the European legal framework provided for in Directive 2014/23/EU and 2014/24/EU of the European Parliament and of the Council. The European rules aim to ensurethe best use of public money so that EU citizens benefit from strategicinvestments and services at fair prices. In this context, public procurementand concessions represent key instruments that need to be regulated and standardisedin order to ensure free movement of goods, freedom of establishment and freedomto provide services.
  • Terms of employment as a sole representative

    In this article we examine the working arrangements of sole representatives, looking at the terms and conditions of employment that the Home Office will expect a sole representative to have in order to qualify as a representative of an overseas business.  
  • Can Sole Representatives Be Shareholders?

    The Immigration Rules require that an applicant for a  sole representative visa  is not “a  majority shareholder in the overseas business”.