Equityholder may request release from guarantee upon withdrawal, superior court rules
- Brazil
- 05/21/2008
- Azevedo Sette Advogados
In a recent decision, Brazil’s Superior Court of Justice (Superior Tribunal de Justiça, or – STJ) has decided that when an equityholder leaves a company’s capital he may request to be released from the guarantee he had assumed in his/her capacity as the company’s equityholder. (Motion 788.469)
