Publications - Ernesto Borges Advogados

Agribusiness 28/06/2023

HARDSHIP CLAUSE AS AN INSTRUMENT RISK MANAGEMENT IN INTERNATIONAL CONTRACTS AND THE RELIGIOUS FACTOR

When asked about what the hardship clause is, almost unanimously the research sources answer that it is, in international contract practice, the provision whereby it will be up to one of the contracting parties to request the renegotiation, review or amendment to a contract, which is explained by the unpredictable changes stemming from political, economic,…

Banking and Financial Services 07/06/2023

REAL DIGITAL: BRAZILIAN CBDC AND POSSIBLE EFFECTS ON DOMESTIC FINANCIAL AND JUDICIAL SYSTEM

Real Digital was the name chosen by the Central Bank of Brazil for its new digital currency, which will serve as Brazil’s CBDC (Central Bank Digital Currency). It is worth noting that CBDC (Central Bank Digital Currency) consists of a digital currency model issued by a central bank with a view to incorporating benefits and…

Credit Recovery 02/06/2023

DE-JUDICIALIZATION OF THE EXECUTION OF CIVIL CASES AND CREDIT RECOVERY IN BRAZIL

Bill No. 6204/2019 seeks, in a creative fashion, to reduce the bottleneck of court system’s executions and, as a result, can help solve the problem of low credit recovery in Brazil. I once heard from a professor that execution is the raison d’être of the court system, what would be the use of an…

Telecommunications 01/06/2023

SMS: 30 YEARS OF A SAFE, EFFECTIVE, AND HELPFUL TECHNOLOGY

On December 3, 2022, the communication tool known as SMS, short messenger service, completed 30 years of its first transmission, and the expectations of the technology sector are for a worldwide profit reaching 50 billion dollars with the use of the tool in 2023[1]. One of the secrets of SMS success is the use of…