Annual discharge of labor obligations
The adoption of the annual discharge of labor obligations has become increasingly common in the business sphere, as it provides guarantees and security for the parties that make up the employment contract. Find out more below! What is the annual discharge of labor obligations? This document, instituted by the Labor Reform, consists of a declaration […]
Private law foundations cannot apply for judicial reorganization
In a recent decision1, the Superior Court of Justice (STJ) consolidated the understanding that private law foundations (which are non-profit organizations) do not have legal standing to file for judicial reorganization, under the terms of Law 11.101/2005, which regulates judicial reorganization and bankruptcies. What the Superior Court of Justice says The STJ pointed out that […]
