The Brazilian Chamber of Deputies Honours Ricardo Guimares of BMG Bank

According to the official website of Câmara Municipal, Ricardo Annes Guimarães was awarded the Diploma of Honor and Merit on April 18 by City Hall as requested by Daniel Nepomuceno, a member of the council. President of the House, Léo Burguês de Castro was in charge of opening the ceremony.

Immediately after the opening, Daniel Nepomuceno complimented Ricardo Guimarães for being one of the prominent leaders in sports investments in Brazil, saying that it was an honor to acknowledge him.

Léo Bourgeois cited that Guimarães was awarded the Grand Collar of Legislative Merit in 2004 and that it was a pleasure to open the doors of the House to pay respect to this entrepreneur once again. The member of the House also mentioned the progress made in the sports sector in the period between 2001 and 2006 saying that Guimarães was responsible for getting the finances of Atlético Mineiro in order and the construction of one of the best Training centers in the country.

Deputy Governor Alberto Pinto Coelho said that honoring this person is an important step towards the development of the sports sector in Brazil. After highlighting the terms, the president of the House handed the diploma to the guest of honor.

Ricardo Guimarães gave many thanks in return to councilman Daniel Nepomuceno, saying that he is loyal to his origins and that it is an honor to keep his grandfather’s will alive. He also stated that BMG has the largest portfolio of investments in sports.

It is worth noting that Ricardo Guimarães is an important businessman in the mining sector and the head of BMG bank. Since 1998, Ricardo has continued in his grandfather’s footsteps to make the Guimarães family an important player in the world of finance. Thanks to the leadership of Ricardo Guimarães, BMG occupies now the largest share of the personal loans and payroll loans market in Brazil.

The Pentagna Guimarães Family has been in the finance sector since 1930 and controls all of the Banco de Minas Gerais, which offers several financial services for individuals and entities.

In July 2012, BMG formed a joint venture in the form of a partnership agreement with Itaú Unibanco SA to distribute and sell appropriated credits in Brazil. In April 2012, these two entities united their efforts to concentrate consigned credit operations. BMG holds now a 40% share of the voting capital stock while Itaú Unibanco holds the other 60%.

The BMG bank is strongly involved in the sports sector via the valuation of talent in Minas Gerais and the promotion of sponsorships in various sports, particularly well-known athletes in the international arena. Ricardo Guimarães confessed that supporting committed and professional athletes is very important. He also stated that all of these partnerships aim to raise the company profile as a tribute to the miners.

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Brazil, the Country of Lawyers

Brazil is a country of lawyers. A survey conducted by the national council of justice put the country third in the world regarding the number of law agents in countries around the world. Only India and the United States had more lawyers than Brazil. There is one clear reason for this: Brazil has more law schools than the rest of the world put together. While there are 1100 graduation courses in law in the remainder of the world, Brazil has 1210. This high number of law schools is the main reason Brazil has an enormous number of lawyers. Currently, the number of litigators approved by the Brazilian Bar examination exceeds one million. However, some statistics suggest that this figure is more than three million if the Brazilian Bar passed all the students who have taken law in the country. The ministry of education in Brazil conducts inspections to ensure law schools meet the necessary requirements of law in the country and boost the number of students approved to practice law in the country. Some of the best Brazilian law school include the Federal University of Minas Gerais in the City of Mineas Gerais, Law School of Sao Paulo in Sao Paulo and the Federal University of Rio Grande do Sul.


One of the most renowned lawyers in Brazil is Ricardo Tosto. Tosto graduated from the University of Presbiteriana Mackenzie. He is a prominent member of the Brazilian Bar Association and the Law Firms and Partnerships Research Centre. Ricardo Tosto has more than two decades of experience in business law and is the founding partner of Leite, Tosto e Barros Advogados. Tosto is a specialist in Civil and commercial litigation. He is also one of the founding members of the Brazilian Institute for Electoral and Party Law Research. His expertise includes international law, corporate restructuring, electoral legislation and credit recovery.

Ricardo Tosto has vast experience in leadership too. He was also at the helm of São Paulo OAB Commission for Modernization of the Judiciary. Apart from practicing law, Tosto is a successful author. He has published several articles in several popular journals in Brazil. Mr. Tosto co-authored O Processo de Tiradentes. He also delivers speeches related to law in several conferences around the world.



Choosing a Lawyer for Business Litigation

Are you looking for a talented lawyer in Brazil? Want to retain the services of a good business or corporate litigation attorney?

If you are facing a lawsuit or other legal matter, it is extremely important to get a good lawyer. Having a competent lawyer by your side will give you peace of mind in knowing that an expert is there to guide you.

There are several situations that can require the services of a litigation lawyer. If an investor gets into a dispute with an investment broker, for example, the investor can pursue business litigation. If a breach of contract occurs in a business dealing, a business litigation lawyer will be required to resolve the matter.

Not all litigation lawyers are created equal. Some litigation lawyers have more experience and have better resources than others. For the best result, you will want to choose someone who is well versed in the area of law you are dealing with.

There are a great deal of business and corporate litigation attorneys in Brazil, but you ought to do your research properly for you to select one that best suits your requirements. In addition, you have to be sure the law firm or lawyer you are thinking of, works in the proper district.

Ricardo Tosto de Oliveira Carvalho is well known in Brazil and around the world. He is a great lawyer who specializes in business and corporate litigation. He has handled a wide variety of cases for clients, including very difficult and complicated matters. He has earned a great reputation as a powerful litigator and is well respected by his peers and his clients.

Ricardo Tosto takes the time to understand his clients’ industry and business needs, and then develop a strategy to address the issue appropriately. Ricardo Tosto is a seasoned litigator with more than 22 years of experience in representing business people, multinational companies, big corporations, entrepreneurs and high-profile individuals. Ricardo Tosto has successfully handled cases involving breach of contract, placement of commercial general liability, business disputes and conflicts and other legal matters.

Relmada Therapeutics Seeks Amendment of Its Laidlaw Lawsuit

Relmada Therapeutics recently filed an amendment request to Nevada District Court following an earlier lawsuit against Laidlaw & Co. Relmada, a leading novel producer for chronic pain management, had filed a lawsuit against Laidlaw for what it termed as a breach of a binding agreement between them.

The amendment seeks to hold Laidlaw accountable for all the damages it caused. According to Relamade, it suffered great damages as it tried to clear its name as a result of Laidlaw’s false claims on proxy materials last year. The amendment also seeks an additional claim for Laidlaw’s breach of fiduciary duty. Relmada claims that Laidlaw knowingly released crucial information to the public in its capacity as the company’s investment banker. As a result, the claim will cover the reputation damages caused.

Nevada District Court has already issued summons to Laidlaw’s CEO Mathew Eitner and James Ahern. Relmada’s executive circulated letters to its shareholders informing them of the new development.

About Laidlaw & Company

Laidlaw is a privately-owned company lead by Mathew Eitner and James Ahern. The company has its main headquarters in New York and London. Laidlaw offers financial investment services to clients from the two countries. It is believed that it has close links with Sands Brothers &Co. Some people who had assets in the former own large stakes in Laidlaw.

Laidlaw is also notorious in violating state and federal securities financial regulations. Over 60 clients reported complaints to the company between 2007 and 2009 making it one the companies with the most number of complaints in that time-frame. The company has been subject to a number of FINRA pardons since it started operating.

Controlled by young and fresh minds, you think it is a fresh company that observes morals stipulated in business codes of practice. To the contrary, Laidlaw continues to cause dissatisfaction among its customers.