Cescon Barrieu e Candido Martins in ACP’s CRA issuance
Cescon Barrieu advised the underwriters on the public offering, under CVM 160, of agribusiness receivables certificates (CRAs) of the 1st and 2nd series, of the 160th issuance, of Opea Securitizadora, backed by agribusiness credits against ACP, in the total amount of BRL 200 million. Cescon Barrieu advised Banco Modal and BTG Pactual Investment Banking and relied on partner Marcelo Martins Moura, associates Vittoria Simoni, Ana Beatriz Borges, Gustavo Ferreira da Silva, interns João Pedro Gaspar and Ana Elisa Bollini.
Cescon Barrieu advises GASMIG on the issue of debentures
Cescon Barrieu advised Companhia de Gás de Minas Gerais – GASMIG and Banco Votorantim on the 9th issuance of simple non-convertible unsecured debentures, in a single series, for public distribution by the Issuer, in the total amount of BRL 200 million, pursuant to CVM 160. Cescon Barrieu relied on partner Marcelo Martins Moura; associates Vittoria Simoni, Bruno Camargos and interns Luiz Moura and Pedro Cichello.
Cescon Barrieu advised Aegean Baltic Bank on a loan
Cescon Barrieu advised Aegean Baltic Bank as agent in connection with a term loan facility and, subsequently, its refinancing and increasing, to the MCT Group SPVs Ploioktitria Captain Nicholas Z Private Company and Ploioktitria Apollo Z Private Company, for purposes of financing of the vessels “Captain Nicholas Z” and “Apollo Z”. Cescon Barrieu relied on partner Rafael Baleroni, associate Alexandra Costa and intern Antonio Lira.
Legaltech: who should be training the trainees?
The future of legal practice depends on a dynamic partnership between firms and academic institutions, said partners from major Brazilian firms at a recent Latin Lawyer roundtable that explored how to best bridge the gap between theoretical education and practical law training. Tania Liberman, a partner at Cescon, Barrieu, Flesch & Barreto Advogados, stressed, however, that as long as law schools do not provide this kind of practical training, the onus to provide training will remain on firms. “Most of the trainees that come to my firm are very far away from what we need from a technology perspective,” she noted. To address this, Cescon Barrieu has implemented a trainee challenge programme over the past two years. As part of this initiative, trainees are currently investigating how AI could improve the firm’s customer relationship management (CRM) platform.
In 2025, the Administrative Council for Economic Defense (CADE) is expected to expand investigations into big techs
The Administrative Council for Economic Defense (CADE) has been stepping up investigations into big techs and is expected to intensify its scrutiny next year with new cases. This comes as the Brazilian government prepares to submit a proposal to Congress for the antitrust regulation of these companies.
AI Bill: Understanding the proposal for artificial intelligence regulation in Brazil
After being approved by the Federal Senate on the 10th, Bill 2,338/2023, which regulates artificial intelligence (AI) in Brazil, now moves to the House of Representatives. Experts consulted by Valor expect it to pass in the first half of 2025.
Senate approves AI Legal Framework
The approved text introduces significant changes compared to the initial draft of the bill and may still be revised during discussions in the House of Representatives.
Tax reform may impact prices and business models
Water bills and car rentals, transactions that today are beyond the scope of the State Tax on Goods and Services (ICMS), the heaviest consumption tax within the current tax system, will be affected by the new Value Added Tax (IVA) introduced by the tax reform.