Incorporation and legal structure of companies
Governance and compliance rules
Protection of investors and minority shareholders
Resolution of shareholder disputes
Mergers, acquisitions, and corporate restructurings
One of Brazil’s largest companies. A global scandal. An unprecedented lawsuit in the United States. Behind it all, a severe governance failure. With the revelation of systematic corruption practices, the company lost billions in market value and credibility. <strong>The class action filed in the United States was unprecedented. </strong> For the first time, a Brazilian company was held liable for corruption in a foreign court, resulting in a historic settlement of nearly US$3 billion and a milestone in Brazilian Corporate Law and Capital Markets.
The class action against Petrobras was a landmark, but it must not remain an exception. It exposed the importance of solid practices, clear rules, and accountability to investors.
Solid companies have well-defined and auditable internal rules.
Legal certainty attracts capital and reduces risk costs.
Transparency is no longer an internal value; it is an external demand.
It is the branch of law that regulates the incorporation, structure, operation, and dissolution of companies. It also deals with governance, shareholder responsibilities, and investor protection.
To ensure that a company is managed with ethics, transparency, and accountability. Good governance practices help prevent risks and protect business value.
It is a collective lawsuit, typical of the U.S. legal system, that allows a group of people with similar losses to sue a company jointly.
No. The lawsuit was filed in New York by foreign investors who bought Petrobras shares on the U.S. stock exchange. The case was tried by U.S. courts.
No. All content on this page is educational and informative, in accordance with the Brazilian Bar Association (OAB) rules. It does not constitute a legal recommendation or service proposal.
If you have any questions or wish to better understand the topics covered on this page, please contact us. Corporate Law is a constantly evolving field, raising important issues about governance, investor protection, and legal sustainability in the business environment.
The case was so emblematic that it became a book. In The World’s Largest Class Action, lawyer and Almeida Advogados’ CEO + Founding Partner, André de Almeida, narrates the behind-the-scenes of this historic lawsuit, revealing strategies, dilemmas, and the lessons that shaped the market and the practice of Corporate Law in Brazil.
