The increasingly connected and digitally complex world brings a new reality to international contracts, the so-called international smart contracts. These contracts are self-executable, they follow a programming logic, if the parties choose an option X, the contract self-executes in Y. With the creation of Blockchain, this type of contract has become the subject of speculation regarding the future of contracts. Blockchain technology, supposedly could eliminate reliance on a third party. Blockchain ...
The Federal Senate rejected the extension of the General Law of Data Protection (LGPD). This way, the Law only awaits the presidential sanction for its entry into force. What are the changes brought by LGPD and its impacts for companies and consumers? 1. detailed permissions Companies must, obligatorily, detail to users the use of their personal data, being prohibited the use of generic terms, such as, for instance, "improvement of services", without specifying which would be the ...
The effects of the coronavirus pandemic (Covid-19) on Brazilian society are being felt in all business spheres, including in commercial relations and in the performance of contractual obligations. Specifically addressing the situation of administrative contracts, considering the effects of the measures to prevent the risk of contagion and the negative effects caused to them, it is necessary to observe the possibilities to reestablish their economic-financial balance. As it is known, as a rule, in contractual relations the will of the parties must be observed, idea reinforced in the ...
International law as we know it today is based on European and Western legal regimes. However, there are extremely rich and complex legal regimes, often unknown by jurists and scholars of international law. Chinese law, for example, is a very rich and peculiar regimental model. In this text, we will talk a little about its millenary origin. It was in the Zhou Empire (1122 - 222 BC), that we can glimpse the birth of a de facto "Chinese law". The ancient Chinese law was ...
On June 10, law 14.010 of 2020, called "Pandemic Law" or "Law of the Emergency and Transitory Legal Regime" (RJET Law) came into force, which aims to regulate the legal relations of private law in the period of the coronavirus pandemic (Covid-19). The legislation established as initial term of the events derived from the pandemic the date of 20/03/2020, which is the date of the Legislative Decree no.06, which recognized the occurrence of the state of public calamity for ...
The judging panels of the Administrative Council of Tax Appeals (CARF) have an even number of judges, so that taxpayers and tax authorities have equal representation. Nevertheless, it is clarified that, according to the internal regulation, the vote of the representatives of the Taxpayers and the Treasury is free, and it is not stated that they will always vote in favor of their represented parties, but that a technical and impartial analysis of each demand is performed. CARF's jurisdiction is to judge first instance appeals ...
The World Health Organisation announced on 11 March 2020, that the disease caused by the Sars-19 virus is already considered a pandemic. In view of this event, Bill 1179/2020 was approved by the Senate, which provides for the Emergency and Transitional Legal Regime of legal relations of private law. The bill has to be approved by the chamber of deputies to then be sanctioned or vetoed by the president. This bill does not intend to change any ...