The concept of legal personality is crucial for a healthy and thriving business environment, as it clearly separates the company’s assets from those of its members. In a corporation, this separation is provided for in the first article of the corporate law and protects shareholders by limiting their liability for the company’s obligations and debts up to the issue price of their shares.
This newsletter provides information about legal developments in Brazil to clients and members of Cescon, Barrieu, Flesch & Barreto Advogados. The content included herein is not meant to provide legal advice with respect to any specific matter. We do not undertake to update, supplement or modify the information contained herein.
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