Ultimate Beneficial Owner Declaration in Brazil
Brazilian regulation requires all companies, both national and foreign, registered in the National Registry of Legal Entities (CNPJ), to declare the existence or non-existence of an Ultimate Beneficial Owner (UBO) within thirty (30) days from the date of registration with the CNPJ, in accordance with the guidelines contained in the Normative Instruction No. 2119/2022, issued …
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COMPETITION LAW: STRATEGIC AND PROCEDURAL CONSIDERATIONS
DEFINING COMPETITION LAW
Navigating the Legal Minefield: Protecting Legitimate Transactions Amid Gambling and Moneylending Disputes
Introduction Recent decisions by the Malaysian Federal Court have raised concerns about the enforcement of financial transactions, particularly in cases involving gambling debts, moneylending, and legitimate commercial arrangements like put option agreements.
Brand Protection in Brazil: Strategic Negotiation as a Tool to Prevent Litigation
In today’s global economy, trademarks are no longer mere identifiers — they are core business assets that influence brand equity, consumer loyalty, and competitive positioning. For companies operating in Brazil, a jurisdiction that balances formal legal procedures with complex market realities, brand protection must be comprehensive and forward-thinking.
Navigating the Tussle between PMLA and IBC: Legal Interplay and Judicial Perspectives
Insolvency and Bankruptcy Code, 2016 (IBC), and the Prevention of Money Laundering Act, 2002 (PMLA), address different issues and were created for distinct purposes.
Implications of Amendments to the Electrical Facilities Project Regulation
In the energy market, the term electrical facility refers to facilities related to the generation, storage, transmission, distribution and consumption of electrical energy.
Construction and Financing of Electricity Distribution Facilities by Investors Seeking Network Connection
In recent years, the increasing demand in the energy and infrastructure sectors has brought various challenges to existing electricity distribution systems. The expansion of electricity services to growing residential areas and industrial zones has imposed significant financial and operational burdens on distribution companies. Traditionally, these infrastructures were established and operated by distribution companies. However, with …
Arbitrators’ Challenges In International Arbitration: Insights From LCIA Decisions
Introduction In today’s global world, international arbitration is increasingly preferred due to its qualities of speed, confidentiality, and flexibility.
Squeeze-Out and Exit Mechanisms in Joint Stock Companies
A. Introduction The Turkish Commercial Code (“TCC”) No. 6102 and the Capital Markets Law (“CML”) No. 6362 regulate the right of a dominant shareholder to remove minority shareholders from a company.