Labor reform only applies to new contract, says TST For the court, most of the procedural changes provided for in the new legislation do not apply to cases initiated before November 11 of last year The plenary of the Higher Labor Court (TST) approved the opinion produced by a committee of ministers that provides that…

Recovery will guide mergers and acquisitions of companies in Brazil in 2018. The recovery of the Brazilian economy and falling interest rates are likely to change the nature of merger and acquisition activity in the country in 2018, from sales pressured by scandals to transactions driven by investor bets on resumption of economic growth, say…

Among the companies that reduced the net debt between June 2016 and June of this year, two Brazilian giants – Vale and Petrobrás – stand out. Pressured by a high degree of leverage, both have been divesting assets to generate cash and relieve debt. The result of this movement was a retraction of 11.15% in…