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by Neil Montomery and Ana Carolina Penteado
With a view to adjusting Brazilian rules in line with internationally accepted principles, the CNSP (National Private Insurance Council) enacted Resolutions Nºs 155 to 158, on December 26, 2006, regarding minimum capital and solvency requirements for Brazilian insurance companies.
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by Neil Montomery and Ana Carolina Penteado
On October 16, 2007, SUSEP, the Brazilian insurance supervisory body, disclosed new draft regulations regarding reinsurance in Brazil and submitted them to a public hearing.
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by Carolina Saldanha and Abrão Árabe Neto
On October 15, the World Trade Organization – WTO confirmed that the USA has failed to comply with its rulings in the Cotton Case. The report is still confidential, but officials from both contenders confirmed its content.
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Felsberg e Associados has contributed the Brazilian Chapter of “Mergers & Acquisitions – A Practical Global Guide”, to a 453-page publication recently released by Globe Business Publishing Ltd. of London, UK
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Felsberg e Associados’ Corporate Finance Partners Thomas Benes Felsberg and Neil Montgomery, recently spoke at the Brazilian Economic and Legal Seminar in Catalunya (held in Barcelona) and at the Brazilian Embassy in London to large groups of interested businesspeople and lawyers.
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On October 1, 2007, EMIRATES’ brand-new Boeing 777-200LR, prefix A6EWA, took-off from Guarulhos International Airport, on the historic inaugural non-stop flight from São Paulo to Dubai.
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