Brazil:
Employees: Cross-Border Private Acquisitions
02 March 2022
Koury Lopes Advogados
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The Labor & Employment, Alexandre Pessoa, together with lawyers of the
area, Paulo Chubba and Bruna de Cesare,
participated in "Employees: Cross-Border Private
Acquisitions (Brazil)", published
by Practical
Law – Thomson
Reuters.
The document exposes issues of Labor Law that must be considered
during the acquisition of a private company in Brazil. Some of the
topics discussed are: the legal obligations and protections given
to employees in Brazil, in the case of the purchase of shares or
assets; the dismissal of employees, explaining the costs and
formalities behind this process; some standard clauses in the
purchase agreement; and, finally, visas required for foreign
directors and executives.
To read the full content, click here.
*Reproduced from Practical Law with the permission of the
publishers. For further information, visit practicallaw.com
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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