March 3, 2015
On February 24, 2015, the new Brazilian Civil Procedure Code (“CPC”), approved by Congress in the last days of 2014, was sent to President Dilma Rousseff for sanction. From that date on, the President has 15 days to approve or to veto, partially or entirely, the draft law. After that, if the President remains silent, the bill will be considered approved.
Once approved, the new Code will be published in the Official Gazette and will enter in force after one year. If President Rousseff vetos any provisions, the bill will be sent back to Congress, where the reasons for the rejection will be analyzed and it will be decided if the veto will be maintained or not.
In the next edition of Prevail, an analysis of the main changes on preliminary injunction provisions will be presented.
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