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Incident of Disregard of Legal Entity - Under the New Brazilian Procedural Framework

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11/14/2016 12:24 PM Article

​In cases of abuse of corporate entity, characterized by a deviation from the purpose or by confusion of assets, the judge may decide, upon demand by the party or by the Prosecution Office, when that office has the power or duty to intervene in the proceeding, that the effects of certain defined obligations be extended to the private property of the managers or members of the legal person.

 
 

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