Administrative Council for Economic Defense (CADE) held a distribution session last Wednesday, February 12
Last Wednesday, February 12, the Administrative Council for Economic Defense (CADE) held its 316th Ordinary Distribution Session. In distribution sessions, cases under review by the agency are assigned to a reporting commissioner through a random draw.
Changes in inheritance tax move the chessboard of wealth planning
Demand for law firms and multi-family offices surges as families rush to plan succession ahead of imminent increase in the inheritance tax (ITCMD) rate. In many cases, the tax due may triple.
Bill of law aims to exclude Tax on Goods and Services (IBS) and Contribution on Goods and Services (CBS) from State Tax on Goods and Services (ICMS) calculation
Change in the tax reform regulation seeks to prevent disputes like the ‘thesis of the century.’ This is exactly what the bill aims to prevent.
Lawsuit in the Federal Supreme Court (STF) challenges tax reform regulation
Institute challenges restrictions on the zero-rate Tax on Goods and Services (IBS) and Contribution on Goods and Services (CBS) for car purchases by people with disabilities.
Cescon Barrieu and TozziniFreire advise on Braz & Braz issue
Cescon Barrieu advised Braz & Braz on the first issuance of debentures, subject to private placement, fully subscribed by Vert Companhia Securitizadora, which ws advised by TozziniFreire Advogados. Cescon Barrieu advised Braz & Braz and relied on partner Amanda Sobreira Areas, associates Diogo Câmara and Nicholas Ciglioni.
Cescon Barrieu steers triple Localiza debt tap
Cescon, Barrieu, Flesch & Barreto Advogados has acted as deal counsel in three debt offerings made by Latin American car rental giant Localiza Rent a Car, through which it raised a combined total of 2.7 billion reais (US$444 million). The same Cescon Barrieu team advised on each of the deals. Partners Frederico Viana Rodrigues and Alice Fulgêncio Brandão, and associates Lucas Ubiratan de Oliveira, André Brandão and Karina Figueiredo.
Cescon Barrieu assists Hypera in the acquisition of three properties
Cescon Barrieu advised Hypera, on the acquistion through one of its subsidiaries (Brainfarma Indústria Química e Farmacêutica), of three real properties, consisting of industrial green fields, located in the industrial free trade zone of Manaus/AM. Cescon Barrieu relied on partner Vinicius da Silva Martins (pictured), associates Daniel Pepe Garcia and Vinicius Scribone.
Azul-GOL merger taxis forward as antitrust scrutiny begins
Several international and Brazilian firms have helped airlines Azul and GOL sign a memorandum of understanding (MoU) to merge their operations, but market dominance concerns have triggered a rigorous review by the country’s antitrust watchdog. GOL’s parent company Abra Group has instructed Brazilian firm Pinheiro Guimarães and US firm Wachtell, Lipton, Rosen & Katz LLP to steer the merger, while two Cescon, Barrieu, Flesch & Barreto Advogados offices assisted Azul. Sócios Cristina Cescon e Darkson Galvão em São Paulo e sócio Fernanda Montorfano e associados Victor Campinho e Caroline Matos no Rio de Janeiro.
