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Murray News

Grocery chain DIA files for protection from creditors in Brazil

Spanish company will start a court-supervised reorganization amid R$1.1bn debt, seeks to prevent blocking of funds 03/22/2024 Sébastien Durchon — Foto: Claudio Belli/Valor The DIA supermarket chain, which filed for court-supervised reorganization on Thursday (21), wants to prevent Daycoval from blocking its funds. The Spanish company claims that the bank is refusing to release the […]

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22 de March de 2024/by Gelcy Bueno
Murray News

Government wants to limit use of incentivized debentures

Lula administration is considering restricting issuance of bonds by the oil and gas sector 03/22/2024 Percy Soares Neto — Foto: Divulgação The federal government is considering imposing new restrictions on the issuance of tax-exempt debentures and limiting their use to finance fixed concession payments. According to sources, one idea is to direct the instrument, which […]

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22 de March de 2024/by Gelcy Bueno
Murray News

Supreme Court overturns lifetime review theory for pension calculation

The decision prevents an impact of R$480 billion, according to the 2024 Budget Guidelines Act 03/22/2024 Cristiano Zanin — Foto: Gustavo Moreno/SCO/STF In a surprising turn of events, when assessing the validity of amendments to the Social Security Benefits Act (Law 8213/1991) introduced by Law 9876/1999, the Federal Supreme Court overturned the “lifetime review” theory. […]

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22 de March de 2024/by Gelcy Bueno
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