Category Archives: Brazil

Flavio Maluf, President of Eucatex Group, Explains the Fallen Agricultural GDP

Flavio Maluf is the president and CEO of Eucatex Group located in Brazil. Eucatex Group is a family-owned business that was started back in 1951. Its focus is building supplies with a specialty on lamination, vinyl floors, baseboards, paints, wall partitions, doors, and panels. The company also has a side avenue of building furniture and toys. Eucatex group’s Flavio Maluf is also the president of the GrandFood Group which is the parent company of the Premier Pet and Golden feeds. Learn more about Flavio Maluf at InfoMoney

Before Maluf became an entrepreneur and executive of the Eucatex Group, he graduated from FAAP (Fundação Armando AlvaresPenteado, Brazil) with a degree in mechanical engineering and then he went on to get a business administration degree from New York University. Eucatex Group is run by Maluf’s family and he was appointed to the administrative team by his own uncle. He worked in the trade and industrial areas of the company in order to get promoted to his current title of president. Under Maluf’s leadership, Eucatex Group has grown substantially in many countries.

In the news, Flavio Malouf has reported that the agricultural GDP has shown a considerate decline in the early part of 2018. Malouf explained that the reason for this decrease was because of a trucker strike, which stop the exportation of corn. This product became missing, leading to a decrease in production of animals and meat. On the brighter side, the soybeans gave birth to a good GDP in the first month of 2018, leading up to a record harvest of 119 million tons. This comparable to their important shares of leaf tobacco. The fall in the agriculture GDP was foreseen, however, since Malouf reported back in 2017 that there was a lot of productivity and a greater harvest. The strike led by the truck drivers is in response to decreases in the price of diesel oil and the regulation of road freight caused for the lack of supply of a corn. The 2018 GDP documented by the Brazilian Institute of Geography and Statistics wasn’t as large as the first quarter of the previous year. Learn more: https://www.crunchbase.com/person/flavio-maluf

 

The Efficiency of the Law System in Brazil

The law in many countries involves a convoluted law system that is usually defined by a constitution that stipulates the rights of individuals. Similar to Brazil, their law comprises of complexities in the law system. The Brazilian Constitution is known as the Federal Constitution that came into force on October 5th, 1988 and is the supreme law of the country featuring a rigid written form. The Constitution organizes the country into the Federal Republic of 26 indissoluble unions of federal states. These federal states have the power to implement their own laws and Constitutions, but their autonomy is however controlled by the standards created by the Federal Constitution. As of today, only the Supreme Court has the authority to create binding rules and the public administration, and inferior courts and judges are obliged to observe them.

The Brazilian legal system is derived from Civil Law tradition that comprise of French, Portuguese, German and Italian civil law. It is based on statutes as well as the súmula vinculante (stare decisis) that was implemented recently. Since Brazil was a Portugal colony, they utilized the Law of Portugal as the Law in Brazil. Brazil’s independence and the rise of the Empire called for the establishment of a sovereign judiciary and educating its staff on legal education.

The country is now teeming with lawyers that make the legal system efficient. The Brazilian Constitution created in 1988 established many rights that make it necessary for people to make use of such lawyers to litigate their rights. Brazil is famously known as the land of many lawyers since it has a law school in every state, around 1,240 compared to the entire world combined. The lawyers total up to 800,000 proving that there are more lawyers per capita as compared to the United States. The state with the highest number of lawyers was the State of São Paulo with 222,807 lawyers making it a third of the country’s total lawyers.

The country has 16,000 judges, and the Brazilian judicial system is keeping pace with all the lawyering. The lawyers are expected to observe the set of disciplinary and ethical rules imposed by the OAB (Order of Attorneys of Brazil) Ethics and Discipline. There are many professional lawyers that undertake their duties to act independently and honestly and are competitive in helping clients with legal matters. Among the lawyers who have been successful in litigation matters is Ricardo Tosto de Oliveira Carvalho, a Brazilian-based corporate litigation lawyer. Mr. Tosto has over 22 years of experience in legal matters within and outside the court room. He is a strategist and a renowned leader in the Brazilian legal system whose experience includes but not limited to Banking Contracts, Business Restructuring, Acquisition Review, Power Concessions, Reorganization, Civil, and Commercial.

Ricardo Tosto is a co-founder of the Leite, Tosto e Barros Advogados and also owns his law firm from where he undertakes his legal practice. The law firm is one of the largest and most accomplished firms in Brazil and through this; he has successfully defended huge companies and various public personalities.