Legal and Compliance Director | Bridgestone do Brasil
Alderiza Agustini has built her legal career on experiences of large multinational corporations such as Adidas, Philips and Claro. Using past experiences to demonstrate her proficiency, Agustini was made legal...
General Counsel | Santo Antonio Energia
Santo Antonio Energia operate one of the largest hydroelectric plants in Brazil, which has the capacity to supply energy for 45 million people across the country through the Madeira transmission...
Executive vice president, legal and corporate affairs and General Counsel | Santander Brasil
Last year, the UK overtook Brazil as Santander’s most profitable global market. Nonetheless, with Brazilian operations accounting for 20% of the group’s profits – and its largest division in Latin...
Legal Director | Formitex
Amira Chammas oversees a team of mixed professionals including seven lawyers, two interns and one legal assistant for Formitex, a Brazilian company with operations in several areas including papers, laminates,...
Legal Superintendent | Lojas Americanas
Since 1994, Ana Fidalgo has worked in the legal department of Lojas Americanas, a Brazilian retail chain with approximately 860 stores in all 26 states. The company, which employees approximately...
Chief Legal Counsel | Gerdau
With operations in 14 countries across three continents, Porto Alegre-based Gerdau is one of the largest steel producers in Latin America and among the largest producers of specialty and long...
Legal director | Via Varejo
A subsidiary of Companhia Brasileira de Distribuição and Brazil’s biggest electronic appliance chain, Via Varejo requires comprehensive and timely legal advice to mitigate the many risks the business encounters across...
General Counsel | Enel Brasil
Formerly trading under the brand name Endesa, Enel Brazil is one of the largest electricity companies in the country, with over 15 million clients and almost 18,000 employees. Headquartered in...
Legal Director | Banco do Brasil
Antonio Pedro da Silva Machado has served as legal director of Banco do Brasil since 2012, having first joined the state-owned bank in 2005. Having completed a postgraduate degree in...
Tax director | Oi
Formerly trading as Telemar, Oi is one of Brazil’s largest companies, and one of the largest telecommunications companies in South America in terms of both subscribers and revenues. Undergoing several...
General counsel | Grupo Abril
Arnaldo Tibyriça is the general counsel and senior vice president at Groupo Abril, one of the largest media conglomerates in Latin America. Tibyriça, who has served the organisation for 13...
Legal manager | Almap BBDO
Augusto Fortuna currently leads three employees as legal manager for Almap BBDO. Fortuna describes Almap BBDO as ‘actively contributing to the advertising industry, one of the most engaging and creative...
General Counsel | Arcos Dourados Comércio de Alimentos (McDonald's)
Cited by nominators as an ‘extremely high-skilled and very efficient’ lawyer, Boris Gris leads a proficient and knowledgeable legal department at Arcos Dourados Comércio de Alimentos, the Brazilian part of...
Secretary general and General Counsel | Vivo
Breno Rodrigo Pacheco de Oliveira has spent over 16 years with telecommunications giant Vivo – which is Spanish multinational Telefônica’s presence in Brazil. Leading Vivo’s legal team, a function comprising...
Legal Manager | Sulnorte Serviços Marítimos
Bruno Damasceno, legal manager at Sulnorte Serviços Marítimos, is referred to by one source as ‘an excellent professional, with business-oriented vision and exceptional knowledge on tax litigation’. Across his career...
Legal director | Angeloni Group
Cited by one nominator as possessing ‘a solid technical and academic background’, Carlos Silva’s legal expertise has drawn acclaim throughout the industry. Silva is credited by partners for his enhanced...
Vice president legal | Itaú Unibanco
Claudia Politanski has been integral in the building of Itaú Unibanco’s legal department; a team of 721 professionals, which is widely recognised for its technical excellence and management expertise by...
Executive officer, general counsel and chairman of the board of directors | Vale
Clovis Torres is the executive officer, general counsel and chairman of the board of directors at Vale, the largest mining company in Brazil. Torres is praised by one source for...
Legal coordinator - corporate executive | Braskem
Boasting approximately 15 years of experience across the chemical and petrochemical industry, Cristiane Rego has provided legal support at companies including Petroquímica União and Quattor Participações where she spent a...
General Counsel | Fibria Celulose
Eduardo Andretto is the General Counsel at Fibria Celulose, a pulp and paper company, specialising in the cultivation of forests as renewable and sustainable sources of life. Andretto originally joined...
Legal Director | The Coca-Cola Company
Eduardo Frota has been working within in-house legal teams of multinational corporations for over 15 years, gaining experience in the energy and fast-moving consumer goods sectors. Currently the legal director...
Legal Director | Monsanto Brasil
Legal director Erica Barbagalo leads a team of 23 employees at Monsanto Brasil, an agriculture and biotechnology company. Barbagalo has been praised for her role in revolutionising the legal department...
Superintendent of the legal department | Banco Safra
Cited as a key figure in the legal and banking industry, Ernesto Antunes de Carvalho is regarded by nominators as an ‘extremely technical lawyer, with deep knowledge on litigation’. The...
Legal and compliance manager | Sura Insurance Brazil
Following Grupo Sura’s acquisition of RSA Insurance’s Latin American assets, Sura Insurance (Brazil) was formed early in 2016. Legal and compliance manager Fabiana Bianchini was a key part of this...
Legal manager | Companhia Brasileira de Metalurgia e Mineração (CBMM)
Brazilian mining company Companhia Brasileira de Metalurgia e Mineração (CBMM) are specialists in the mining and processing of niobium, which is used to create a steel-strengthening alloy. CBMM is the...
Legal and Tax Director | Grupo Pão de Açúcar (GPA)
Praised by several external sources as being ‘a leading GC in Brazil’, and an ‘outstanding legal and tax director with very accurate legal and business skills’, Fabio Leone is legal...
Global general counsel | CSN
Fabio Spina is in charge of global legal affairs at Companhia Siderúrgica Nacional (CSN), one of the largest steel producers in Latin America. Spina, a widely renowned lawyer, has assisted in...
Legal Director Brazil | GlaxoSmithKline
‘I’m contributing, through my work, to make a better world. Each partnership on the vaccines field represents more people protected against some diseases’, says Fatima Picoto legal director for Brazil...
Legal director | Janssen Cilag Pharmaceutical
Felipe Alves is the current legal director of the Brazilian arm of Janssen Cilag Pharmaceutical, who operate as a subsidiary of American pharmaceutical giant Johnson & Johnson. Alves has held...
Legal Director | Wal-Mart Brasil
Fernanda Bardi, legal director for Wal-Mart in Brazil, has won praise for keeping a cool head in difficult times. The retailer has reportedly closed around 10% of its Brazilian outlets...
Legal manager | Energisa
Fernanda Rocha C. Pogliese heads legal matters at Energisa, a privately-held energy company that distributes to 7% of the Brazilian population. The legal manager, who has been with the company...
Legal and Corporate Affairs, Brazil and Southern Cone | PepsiCo
Taking a legal leadership position across a large geographic region at one of the world’s most recognisable brands, Fernando Calia oversees legal and corporate affairs across the Brazil and Southern...
Group General Counsel | Grupo Pão de Açucar (GPA)
With a long history of leading legal departments in some of the most important companies in Brazil, Fernando Merino can point to a distinguished career across the banking, mining and...
Legal director - Latin America | Sherwin-Williams
Referred by nominators as a ‘dynamic individual with highly developed legal instincts’, Fernando Rascov Lodi is credited for the development of an optimal legal division that demonstrates a significant influence...
Legal and compliance director | Zanetti
Fernando Zanetti leads the legal department at Bunge Brasil, a global agribusiness and food company. Zanetti believes that, as legal and compliance director, it is incumbent on him to ‘ensure...
Legal Director | Netshoes
Netshoes is a fast growing sporting goods e-commerce company that operate with a relatively compact legal department led by legal director Flávio Franco. Taking overall responsibility for all legal matters...
General counsel | Prumo Logistica
Flavio Valle is described by one nominator as ‘having managed to train and maintain a top-notch legal department in the face of the broad economic and political crises that have...
Legal Director | Grupo Águas do Brasil
Legal director Glaucus Pimenta is cited by sources as a ‘first-rate and quality legal expert’. Pimenta is responsible for legal affairs at Grupo Águas do Brasil, a provider of solutions...
Legal general manager | Ipiranga
Oil industry veteran Guido Rogerio Macedo Silveira Filho has represented some of the largest companies in the sector since 1994. He has been with Ipiranga – a subsidiary of Ultrapar...
Executive Legal Director and compliance officer | White Martins
Noted for being ‘open to the search for practical and innovative solutions’, current executive legal director and compliance officer Gustavo Costa has almost two decades of experience within the White...
Legal manager | Cast Group
Formed more than a quarter of a century ago, Brazilian information technology (IT) company Cast Group specialises in IT consulting, outsourcing and the integration of software platforms. Although Cast has...
Vice President Legal | Marfrig Group
Since 2006 Heraldo Geres has been at multinational food company Marfrig Group, where he currently assumes the role of vice president overseeing legal affairs from the company’s base in São...
Legal Director | Rolls Royce Brazil
Rolls Royce’s first in-house lawyer in Brazil, Ivan Dilly has over 15 years of experience to draw from in the world famous engineering company’s Brazilian outpost. Currently its legal director...
Legal Manager | Brasil Insurance
Described by one source as ‘an extremely professional, business-oriented, responsive and yet still kind and patient lawyer’, Joana Rocha serves as legal manager at Brasil Insurance, the first insurance brokerage...
Managing Director - head of legal South America | Morgan Stanley
Joao Vicente Camarota is currently managing director and head of legal in South America for Morgan Stanley, covering Brazil, Argentina, Chile, Colombia, Peru and Uruguay. Camarota started his legal career...
General counsel | Banco Bradesco
Commended by one source for his ‘abilities and wisdom’, Johan Albino Ribeiro has been described as a ‘skilled and seasoned lawyer who excels as a negotiator, always finding sound solutions...
Legal manager | Rede D'Or São Luiz
Rede D’Or São Luiz is the largest independent hospital operator in Brazil, with more than 4,000 beds and 34,000 employees across Rio de Janeiro, São Paulo and Pernambuco Federal District....
Legal & Compliance Manager | Icatu Holding S/A
José Alvarenga is the legal and compliance manager at Icatu Holding S/A, an independent Brazilian life insurer, pension provider and financial planner for 5.5 million customers. Alvarenga has been central...
Managing director and associate General Counsel - contracting Latin America | Accenture
Professional services firm Accenture has operations across the world, and Jose Moscati operates as one of the most senior figures in its Latin America business working out of São Paulo....
Vice president - legal and corporate affairs | BRF
BRF is a large Brazilian food company that has been in business for over 82 years, creating products under several brand names including Sadia, Perdigão and Qualy. Sadia was recently...
General Counsel for Latin America | GE
Josie Jardim, General Counsel for Latin America at GE, is defined by one source as a ‘well trained legal professional with in-depth business expertise’. The industry renowned Jardim supports GE,...
Legal Director – Latin America | Unilever
Legal director Júlio Cesar Beltrão is responsible for the labour and litigation matters for Unilever across Latin America. Beltrão has been praised for his ability to deliver clear and concise...
Senior Counsel and Compliance officer | Evonik Degussa Brasil
With over 15 years of in-house experience, Katia Caruso has proven her legal ability and commercial nous in her current role as senior counsel and compliance officer at Evonik Degussa...
Director of Legal Affairs Brazil | Gas Natural Fenosa Brasil
Katia Valverde Junqueira is director of legal affairs in Brazil for Gas Natural Fenosa, a Spanish multinational specialising in distribution, supply and transportation of natural gas. The Brazilian part of...
Legal Director | JBS
Khalil Kaddissi is legal director at JBS, the largest meat processing company in the world, overseeing the corporate law department. Upon joining JBS in 2014, Kaddissi gained responsibility for contracts,...
Deputy general counsel and head of legal investment banking | Banco Itaú
Leandro Miana Telles is the head of legal for investment banking at Banco Itaú BBA, the corporate investment arm of Brazil’s Itaú Unibanco group, one of the leading banks in...
Chief legal officer | Leste Investimentos
Leonardo Viveiros is characterised by his peers as a ‘renowned business lawyer with a broad practice experience’. Viverios who leads a team of 10 has spearheaded strategic decision-making at Leste...
Head of Legal | Cielo
As one source stated, Louangela Bianchini is a ‘stellar lawyer, putting into practice her long experience of finance law’ as head of legal at Cielo, the largest Brazilian credit and...
Vice president legal and business affairs | Fox Latin American Channels
Lucia Paolini, vice president legal and business affairs at Fox Latin American Channels, has accumulated a wealth of experience during her illustrious career. Her current tenure at Fox Latin American...
Legal Director, compliance, regulatory and sustainability | Rio Energy
Luciana Ferreira has been described by sources as a ‘dedicated and knowledgeable lawyer with an eye for business’. Ferreira currently leads a team of 10 at Rio Energy, an investment...
Legal Manager | Banco BMG
Luciana Freire is legal manager at Brazilian financial institution Banco BMG, who benefit from what one nominator calls Freire’s ‘extremely professional, business-oriented and responsive’ approach. With a remit that includes...
Legal and Regulatory Director | TAESA
Luciano Araújo Ferraz is the legal and regulatory director for TAESA (The Transmitting Electricity Alliance SA), one of the largest private electricity transmission groups by revenue in Brazil. With approximately...
General Counsel | IBM Brazil
Luis dos Santos Martins currently leads a team of 75 lawyers, paralegals and corporate security experts in his role as General Counsel for IBM Brazil. Martins is an expert in...
Vice president, general counsel and integrity officer - South America | ABB
Luis Fernando Radulov Queiroz describes the role of a general counsel as a highly challenging yet rewarding duty. He explains that it is imperative a general counsel is able to...
Vice president, chief legal and institutional relations officer | CPFL Energia Group
Currently serving as the chief legal and institutional relations officer at CPFL Energia, Brazil’s largest private company in the power sector, operating in generation, transmission and distribution, Luiz Eduardo F....
General counsel for the presidency | Rio 2016 Organizing Committee for the Olympic Games
An experienced and diligent general counsel with over 15 years of involvement in the Olympic movement, Luiz Rodolfo Ryff is well-placed to dispense readily accessible, high quality and cost-effective legal...
Legal and compliance | Oracle
Márcio Silveira is in charge of legal and compliance matters at Oracle, an international computer technology company. Silveira leads a highly skilled and efficient legal department that has assisted Oracle...
Global General Counsel - commercial banking and regional General Counsel Latin America | HSBC
Marco Araújo’s global and regional remit reflects the high level of operational and legal expertise he brings to HSBC, experience gained from an in-house career that extends to over 20...
Legal Director, General Legal Counsel | Yamana Gold Brazil
Yamana Gold, is a Canadian-based gold producer with significant gold and copper production, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. Maria da Graça Montalvão is...
Legal Director | Philip Morris Brazil
Maria Izabel Cardozo is legal director at American tobacco company Philip Morris’ Brazilian affiliate, a role in which she provides full legal support to the company and manages the department...
General Counsel | Odebrecht Ambiental
Mauricio Bezerra is General Counsel of Odebrecht Ambiental, the water and wastewater business of the historic Brazilian conglomerate Odebrecht. Joining Odebrecht in 2007, Bezerra initially led the tax and finance...
Head counsel Latin America | Shire
Based in São Paulo, but with a continent-wide remit, Mauricio Joffily Pinheiro is Shire’s head counsel for the Latin America region, a position he has held since February 2015. Arriving...
Legal director Brazil | Groupon Brasil
In 2012, Maytê Ximenes joined Groupon Brasil with the task to ‘manage people and help to develop the business’ for the global e-commerce platform that specialises in offering discounts on...
General counsel and corporate relations director - Paraguay, Uruguay and Brazil | Diageo
Able to ‘command respect and inspire confidence’ by offering ‘creative legal solutions’ across three different jurisdictions, Nelcina Tropardi is Diageo’s general counsel and corporate relations director for Paraguay, Uruguay and...
Legal Director | Unilever
Newman Debs is the legal director at Unilever, the global consumer goods company, where he leads 10 lawyers and specialists in critical areas including competition, litigation, labour, commercial, marketing support...
Legal Director | Whirlpool Latin America
Seasoned lawyer Patricia Barbelli is the legal director at Whirlpool Latin America, an international home appliances provide. She is proficient in a wide range of areas including contracts, litigation, tax,...
Legal superintendent | Itaú Unibanco
With approximately 45 employees reporting into her, Patricia Thomazelli focuses on institutional legal matters at Itaú Unibanco, the Brazilian banking group that has a wide range of financial operations across...
General Counsel | AmBev
Pedro De Abreu Mariani has been with AmBev since 2004, and currently holds the position of General Counsel and corporate affairs officer. In this joint role Mariani oversees the legal...
Legal Director Latin America | Apple
Praised by one nominator for his advanced and ‘proactive approach’, seasoned legal director Pedro Pace is renowned throughout the technology sector for his in-depth expertise and enhanced business acumen. Pace...
Legal, compliance, security and corporate affairs director - Latin America | RB
As an individual who prides herself on ‘making a difference in people’s lives’ through her work, Priscila Cruz is currently in charge of RB’s (formerly known as Reckitt Benckiser) legal,...
Legal Specialist -corporate affairs | Invepar
Rafael Magalhães Martins is the senior counsel in charge of corporate affairs for Invepar, the infrastructure holding company that owns stakes in São Paulo–Guarulhos International Airport, Linha Amarela and the...
Chief Counsel | Cemig
Cemig is a well-established power company that operates in 23 Brazilian states, the company has a 25% market share in the region, and is responsible for the operation of 120...
General Counsel | Cetip
Cetip is one of the biggest companies within Brazil’s financial system, and despite a relatively rocky period for the sector in the country, Reinaldo Morais Filho continues to prove his...
General Counsel | Votorantim Metais
The talented Renato Maia Lopes has almost two decades of experience in the legal sector. Cited by one source as ‘diligent and articulate’, the knowledgeable lawyer has been integral to...
General Counsel - Brazil | Goldman Sachs
Two events over the past decade have seen Goldman Sachs play an important symbolic role in Brazil’s economic fortunes. In 2006, the firm launched its US-domiciled “BRIC” fund, targeting growth...
Legal director | Ajinomoto do Brasil
A deeply experienced lawyer with excellent problem-solving abilities, Ricardo Sasaki is the director of legal and intellectual property at Ajinomoto do Brasil, the Brazilian arm of the Japanese food and...
Legal Director | Nike do Brasil
Roberta Carvalho has more than 20 years’ experience as an in-house lawyer across a variety of sectors, including technology, telecommunications and sports. Currently holding the position of legal director for...
General Counsel Americas | Tetra Pak Americas
As regional general counsel for Tetra Pak in the Americas, Roberto Paes oversees the legal affairs for Tetra Pak’s operations throughout North, Central and South American countries. In-line with this...
Legal Director | Carrefour
The Brazilian operations of French multinational supermarket and retail chain Carrefour, the world’s second largest retailer by sales, have played an increasingly significant role in the group’s activities over recent...
Head of Legal | Ultrapar
Before joining Ultrapar in 2008, Sandra Lopez Gorbe accumulated experience from various other large listed companies including two years in Merrill Lynch São Paulo, as well as law firms across...
Executive vice president legal and corporate affairs | Johnson & Johnson
Assuming his current position in 2012, after several stints in-house at large companies in Brazil, Sergio Pompilio is executive vice president for legal and corporate affairs at Johnson & Johnson’s...
Legal Director | Laboratórios Pfizer
Shirley Meschke joined Pfizer, the world’s largest research-based pharmaceutical company, in 2006. Having led mergers, acquisitions, divestments, business transactions and corporate reorganisations that were crucial to the region, she was...
Legal Manager | Guy Carpenter
Silvia Santiago is the legal manager at Guy Carpenter, a subsidiary of Marsh & McLennan that specialises in risk and reinsurance. Santiago is proficient in technical and legal support in...
Chief Counsel for Global Mining | Vale
Solange Costa, chief counsel for global mining, contracting for Latin America leads a team of three at Vale, the largest mining company in Brazil. Costa has been integral to the...
Executive General Counsel and Legal Superintendent | Camargo Corrêa
Executive General Counsel Susana Silveira oversees the legal department for Camargo Corrêa, one of Brazil’s largest private conglomerates that has operations domestically and internationally for products spanning real estate, construction,...
Head of Legal, compliance and institutional relations for Central and South Americas | ArcelorMittal Brasil
ArcelorMittal, the Luxembourg-headquartered company that is the largest steel producer in the world, has expanded its operations in Latin America significantly in the past decade. ArcelorMittal Brasil is comprised of...
Executive vice president and general counsel | Embraer
Serving as general counsel at Embraer, an international frontrunner in the aerospace sector, the talented and adaptable Terena Rodrigues has accumulated a wealth of experience over 12 years in many...
Legal and government relations manager | adidas
‘If I had to define an in-house lawyer I would say: a competent, technical professional with curiosity and interest in the business and operational aspects of her industry’, says legal...
General Counsel | Olympus Optical
Described by one nominator as a ‘very capable lawyer, with a talent to handle several complex issues simultaneously without losing efficiency’, Vivian de Moraes Simoes Bocchio leads Olympus Optical do...
Executive Legal Director and Compliance Officer | Merck Sharp & Dohme
Executive legal director and compliance officer Wilson Carlos Pereira Ivo describes working in a challenging environment and in multidisciplinary areas of the law as ‘very exciting’. Ivo currently leads the...
For 29 years, The Legal 500 has been analysing the capabilities of law firms across the world. The GC Powerlist is the latest publication from The Legal 500, turning its attention to the in-house function, and recognising those corporate counsel who are driving the legal business forward. The latest edition is the GC Powerlist: Brazil, which identifies an array of the most influential and innovative in-house counsel working in the region.
The GC Powerlist is a series of publications, highlighting the most influential in-house lawyers in business today.
We have canvassed opinions from law firm partners and in-house counsel across Brazil, to identify corporate counsel that have been instrumental in changing or forming opinions within their company or industry; developing brilliant technical solutions to complex issues; creating innovative structures to ensure that the in-house function is driving the business forward; or providing a business working model that other corporate counsel should follow. Our team of experienced researchers assessed the nominations, speaking both to general counsel and nominating lawyers to finalise each jurisdictional list. The GC Powerlist: Brazil features not just information on why that individual has made the list, but also comment from the law firms about how they feel individual corporate counsel have helped shape innovation in the legal industry.
Notwithstanding the frustration resulting from the relaxation of the Brazilian economic austerity policies that led the country to lose very quickly an arduously earned investment grade, Brazil is the undisputable leader of Latin America and, with a GDP of more than USD 1.5tn, one of the world’s ten largest economies. It is true that in the past five years the public administrations (not only the federal, but the majority of state and municipal administrations all over the country) failed to act even when the signs that the good times were coming to an end appeared. It is also true that corruption drained enormous amounts of money and led to disastrous endeavours.
However, all this turmoil faced by the country, which was diagnosed by the critics as the end of the Brazilian dream, had a very interesting side effect: it triggered a battle against corruption (which probably will be long and fierce) that put to test our check and balances system. And even adding to such turmoil the political storm caused by a presidential impeachment process, the system is working satisfactorily, in accordance with the Brazilian Constitution. The growing feeling is that Brazil is becoming a true and consolidated democracy, with everyone subject to the rule of law.
In this very demanding scenario, the role of a general counsel is instrumental, not only in the success but, sometimes, in a company’s survival. Over the past decades, we at CBSG have noticed deep changes in the role and importance of general counsels in Brazil, regardless whether the company is a local one or a subsidiary of a multinational enterprise. Considered in the past as a departed or an ancillary activity within a company, the roles of the legal department and the general counsel grew in importance in such a way that in some cases became an essential tool to the feasibility of a company’s core business. The growing importance of the legal departments encouraged the general counsels to be more pro-active: the flow of ideas and suggestions became a two-way lane, and the law firms, such as CBSG, and the legal departments relationship grew in intensity, with outstanding results.
CBSG is delighted to be part of the first edition of the GC Powerlist Brazil. We always felt that, while the number of directories listing and ranking local law firms or other legal professions is growing, little attention has been paid to the legal departments and the general counsels. Therefore, The Legal 500’s initiative, especially in Brazil, is a relevant step in the right direction. It grants the community of general counsels in Brazil, of which the nominated individuals are impeccable examples, the recognition they more than deserve.
As the new government took office, it is already possible to notice an improvement in business perspectives and some recovery in the Brazilian economy. Despite the irregularities occurred in Brazil’s former administration, we can now realize that, for the past two years, Brazil has made some progress in key areas to get businesses back on track again, with clearer rules and a strong fight against corruption.
There were amendments to CADE (Brazilian Antitrust Authority) Law, which drastically reduced the time for the analysis of transactions that may influence competition. This reform has also determined that analyses must be made before transactions take place, as it already happens in most countries, offering more legal certainty to everyone involved.
The new Code of Civil Procedure in force has deeply changed the system to try to reduce the time for analysis of legal disputes, offer creditors greater protection and unify court precedents, so as to ensure greater safety in the business world. Such reform is not the only one: the reform of the arbitration law sought to settle some of its former conflicts with the procedural law, also resulting in a greater degree of legal certainty.
The quick and effective enforcement of some doctrines of the new anti-corruption legislation, a modern and practical doctrine and worldwide reference in legislation, has helped the fight against irresponsible practices and taken the Brazilian government to a new level of control, sovereignty and stability. Besides such legislation, the recently enacted law that regulates corporate governance of state-owned corporations was conceived with state-of-the-art and efficient tools, and concepts of corporate governance are already applied to prevent past facts from taking place again.
In addition to these issues, the new government has started discussions on the Brazilian pension reform, which is essential to balance government accounts. A reform of Brazilian labour laws is also under discussion, as it is extremely necessary in order to simplify the employee/employer relationship and reduce the number of labor lawsuits.
All the above demonstrates the efforts Brazil has made to follow the right path and create a new, modern and effective legislative framework, seeking to promote a sustainable and organized growth, for a healthy balance of legal relations.
On the other hand, as a result of the current economic crisis, there will probably be an increase in taxes, with a rise in tax rates or the creation of new taxes, as well as higher pressure from tax authorities for the collection of tax revenue.
Such pressure for raising tax revenue can be felt in view of the strong measures taken by administrative tax courts, particularly the Brazilian Council of Tax Appeals (CARF) after its internal regulation and structure has been rearranged.
Likewise, the use of highly-sophisticated technological resources by Brazilian tax authorities, combined with techniques for the selection of taxpayers and controversial issues, has made tax inspections much more accurate, giving rise to tax-deficiency notices and substantial fines, which has required taxpayers to continuously reassess their risks and tax procedures, by adopting strategies to avoid tax disputes.
In view of this optimistic and challenging scenario, we are convinced that FCAM has a motivated team of attorneys, with in-depth knowledge of the Brazilian legislation and legal reforms, with a wide experience in their fields, and who always seek to offer our clients creative, efficient and tailored-made solutions for each specific and concrete case, in order to add value and build successful relationships.
For the third consecutive year, Legal 500 partnered with Red Legal Iberoamericana to celebrate the very best in-house counsel from across Europe who dedicate their efforts to the vibrant region of Latin America. In fact, these lawyers possess a unique set of skills that enables them to navigate the challenges and diversity of Latin America in an agile and well-versed manner.
The event took place at the Hotel Wellington in the elegant city of Madrid, Spain, on 7th November 2024. Attendees were welcomed by Sara Maggi, senior editor — research and content at Legal 500, who congratulated all the powerlisters for their contributions to business across Latin America and emphasised the importance of recognising such exceptional lawyers.
Julio Veloso, partner at Broseta Abogados, then took the stage. After offering his congratulations, he invited Alejandro Sainz, senior partner at Sainz Abogados, to join him on stage. They reiterated their pride in sponsoring this research and publication, which recognises unmatched talent.
Santiago González Pérez, vice president and senior employment counsel for EMEA at American Express, shared an in-house perspective on the challenges of working in-house and managing client expectations while operating in a business environment. He also highlighted the importance of being recognised by such prestigious publications.
The evening continued with a cocktail reception featuring drinks and canapés, alongside networking opportunities between talented peers. The event was a great success, and we look forward to next year, as we continue to recognise the efforts of Latin American specialists based across Europe.