In brief On 4 April 2023, the Ministry of Development, Industry, Commerce and Services published Ordinance GM/MDIC No. 69/2023 (“Ordinance“), establishing the Seal of Good Regulatory Practices (“Seal“). This initiative is in line with the best environmental, social and governance (ESG) practices and aims to recognize infralegal normative acts in line with best national and […]
In brief On March 31, 2023, Brazilian President, Luiz Inácio Lula da Silva, issued Provisional Measure no. 1,167, postponing the definitive replacement of the 1993 Public Procurement Law (8,666/1993) for the New Public Procurement Law (14,133/2021) until December 30, 2023. Although the New Public Procurement Law has been in effect since April 1, 2021, its application would […]
In brief On March 28, the Brazilian Secretariat of Foreign Trade (“SECEX”), through the Ordinance No. 10, dated of March 27, 2023, opened a sunset review concerning the antidumping duty in force against Brazilian imports of metallic magnesium from Russia. At the end of the review, the current antidumping duty may have its term extended for […]
In brief On March 30, 2023, the House of Representatives approved Provisional Measure (“MP”) No. 1,152/2022, which addresses the new Brazilian transfer pricing rules. The main amendments, upon comparing the original text of the MP presented on December 29, 2022 and the amended one just approved, relate to transactions with commodities, the secondary adjustment, and […]
In brief State Decree No. 38.140/2023 (“Decree“) was published earlier this month (March, 6th 2023). It establishes the general regulations for the take-back system in the state of Maranhão. In summary, this Decree establishes the obligations and rules for structuring and implementing take-back systems for the products it specifies. More details The Decree establishes guidelines […]
The Chambers Brazil: Contentious 2023 guide was recently launched, opening the 2023 cycle of Chambers and Partners Brazil. The publication provides an overview of the main players in the Brazilian legal market, with individual analyses of professionals and categories, namely: Contentious; Industries & Sectors; Regions; and Transactional. In this cycle, Trench Rossi Watanabe has once […]
In brief On March 20, 2023, decisions of the Minister of the General Comptroller’s Office (CGU) for applying or maintaining sanctions for corruption acts of six companies were published, reaching the amount of BRL 9.7 million. The sanctions were applied in the scope of Administrative Liability Proceedings based on Law No. 12,846/2013 (Anti-Corruption Law) through […]
We are pleased to announce that two Trench Rossi Watanabe associates were recognized in The Legal 500 Brazil Awards 2023, an annual award promoted by the legal publication The Legal 500, one of the most prestigious in the world. The two associates are as follows: Adam Milgrom, senior associate of the EMI group, in the […]
Leaders League, one of the leading international publications for the legal and financial markets, published the results that make up the Dispute Resolution, Labor, Investigations & Insurance 2023 cycle. We were ranked in nine categories and had 14 lawyers recognized, some of them in more than one area, totaling 20 individual recognitions. We congratulate all […]
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