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March 15, 2024
2024
A Non-DisclosureAgreement, or NDAs, is a mutual contract of wills between two or more partiesintending to share confidential information, either among themselves or fromone party to another. They guarantee that such information remains known onlyto the involved parties or to third parties previously authorized by thedisclosing party.
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November 28, 2024
2024
In the contractual universe, one of the most complex and debated topics is the limitation of liability between parties. While this clause seeks to balance risks, it can also become a source of litigation if not properly structured. In Brazil, the Civil Code (Law #10,406/2002) provides guidance on contractual liability, requiring a technical approach to address inherent risks and define liability limits.
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September 23, 2024
2024
The pandemic that began in 2020, along with technological innovations, has led to wider acceptance of digital signature platforms. This shift significantly reduced bureaucracy in various departments, while also streamlining processes and optimizing both time and financial resources. A digital signature, which serves as the electronic equivalent of a handwritten signature, is created through a cryptographic process that links a person’s identity to a document or electronic message. This method is unique, hard to replicate, and highly secure. However, the widespread adoption of digital signatures has introduced several legal implications that must be considered.
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August 1, 2024
2024
The legal business is a kind of legal act that arises from the manifestation of a person's will, aiming to produce effects in the legal sphere of another. Therefore, a legal relationship arises between the parties, respecting the requirements established by law for its validity and effectiveness factors that will impact its production of effects.
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September 3, 2024
2024
In Brazil, conducting due diligence is increasingly crucial for safeguarding commercial operations. This process involves a thorough examination of various aspects of a third party, whether a company or an individual, to identify and mitigate potential risks before finalizing a deal.
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November 5, 2024
2024
The advancement of digital technologies has transformed the way contracts are formalized in Brazil. With the digitization of documents, digital signatures have become an essential tool for companies and professionals seeking efficiency and legal security in their processes. Digital signature solutions stand out by enabling documents to be signed electronically with legal validity, reducing bureaucracy and costs, while also meeting the integrity and authenticity requirements set by law.
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August 14, 2024
2024
In the pharmaceutical industry, strict compliance with delivery deadlines is essential. In commercial contracts between pharmaceutical companies and their suppliers, clarity and precision in stipulating delivery deadlines, as well as defining the consequences for non-compliance with these deadlines, are crucial to avoid disputes and ensure continuous supply to the market. Delays in the delivery of essential inputs can cause serious impacts, such as interruptions in medicaments production, compromises of research projects and even risks to public health. In this context, logistics plays a critical role that is amplified by the need for transportation and storage products under specific temperature and humidity conditions, in addition to complying with the regulatory standards of each country. The contracts signed between the parties must reflect this importance, establishing clauses that address the specific challenges of this area.
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August 21, 2024
2024
A joint venture is a partnership between two companies, which may or may not result in the creation of a new legal entity. The goal of this partnership is to combine the resources of both companies to achieve a common strategic objective, such as expanding operations or entering new market segments. Typically, these partnerships are formed for a specific period until the common objective is achieved, after which the joint venture is dissolved. Importantly, a partnership between these two companies does not imply a loss of identity for either company, nor does it result in a merger.
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December 11, 2024
2024
Technology contracts are essential instruments that allow holders of trademarks, patents, technologies, and industrial designs to authorize third parties to exploit these assets. In exchange for this authorization, rights holders receive royalties, a financial compensation that reflects the value generated by the use of these innovations. This protection, guaranteed by industrial property rules, ensures that creators can negotiate their rights, allowing companies to use licensed technologies to develop specific products.
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November 13, 2024
2024
Artificial intelligence, known as AI, is a set of technologies that enable computers to perform advanced tasks, including, for example, the ability to see, understand, and analyze data, as well as make recommendations based on it. This concept began was introduced in 1950 through an paper published by Alan Turing, which evaluated whether a machine could impersonate a human being during a written interaction.
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Licks Attorneys Contract’s Blog provides regular and insightful updates about Contract Management. The posts are authored by the members of the Contract Management Team. Licks Attorneys is a top tier Brazilian law firm, recognized for its success handling large and strategic projects in the country.