Category Archives: Lawyers

Ricardo Guimares, BMG President Supports National Sports

The president of BMG Ricardo Guimarães is known for many things including being a successful businessman with a soft spot for Brazilian sports. Due to the consistent financial support offered by Ricardo Guimarães to aiding the growth of the country’s sports sector, on April 18 the business tycoon, was awarded the diploma of Honor to Merit at The City Hall.

Councilman, Daniel Nepomuceno from PSB was partly responsible for the president of BGM to receive this accolade due to a recommendation, yet it is impossible to dispute that over the years, the work done by Ricardo Guimarães has spoken great volumes about his dedication to his cause. In 2004, this dynamic business leader had received the Great Collar of Legislative Merit, and he was also a crucial part of assisting the team of Club Atlético Mineiro with funds when the situation was slightly dire and grim. Ricardo Guimarães did not stop here though; he decided to go a step further and funded the construction of the “Rooster” training center which is now considered to be the most equipped center to train athletes.

At the time Ricardo Guimarães was given the diploma of Honor to Merit, Léo Bourgeois from PSDB took a few minutes to express his happiness to pay homage on a personal level to this businessman. On various occasions, Ricardo Guimarães has been referred to as the patron of the national sport, a sponsor who is dedicated to aiding the social development of the country and, being one of the entrepreneurs who has been consistently investing in a significant way to the sports sector.

During the entire ceremony of receiving the diploma to Merit, Ricardo Guimarães stayed humble. He stands by his belief that the tradition was initially started by his grandfather. He also stands strongly with the belief that BMG is the bank that contributes most in funding for the country’s sports division. As a family owned and a privately run financial institution, BMG has been an essential part of the Brazilian financial industry since 1930. The BMG bank has supported a long-standing family tradition of valuing talented sports teams and athletes of the state of Minas Gerais and Brazil. BMG has also offered various types of sponsorship programs over the course of time.

For both Ricardo Guimarães and BMG, support does not end at funding football teams; it also extends to investing in talented Olympic gymnastics teams, versatile tennis players and avid volleyball athletes with an interest to win and make their country proud.


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Ricardo Tosto, the Brazilian Business Lawyer

Ricardo Tosto is a famous partner and the co-founder of the renowned Brazilian law firm by name Leite, Tosto e Barros Advogados. His practice is in the areas of bankruptcy, reorganization, commercial law, civil law, election law, Administrative law, business Restructuring, Acquisition Review, and Banking Contracts. He has a lot of experience in the sector and has been recognized for his efforts in the sector. In this law profession, one is required to be hardworking and also is required to be experienced in the field.

Tosto has been on the frontline committing himself to hard work, commitments and also endurance. Lawyers are some of the people who receive higher salaries because of what they go through in their profession.They are required to have attained relevant qualifications before they can be allowed to practice. One must undergo a five-year training for an undergraduate degree before joining a law school for further qualifications.

Ricardo Tosto also happens to be a great lawyer with great credibility and has been the pride of Brazil since he started his practice. He has been on the frontline defending his clients to the last minute and his skills are unmatched with those of anybody else. Tosto is a graduate of the famous Presbyterian University and has been recognized for his efforts in changing the way people practice. He has been recognized for having started from a very humble beginning in a very small office to the great person he is now.

Ricardo Tosto is known for having more lawyers than anybody else in the profession. He is currently believed to have so many clients and the figure keeps on increasing. He has never been left behind in terms of advancing their career. His law firm is currently one of the biggest, credible and well-known law firms in Brazil.

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The Consequences of the Rise of the Collar in the View of Ricardo Tosto

The year 2015 started turbulent for the Brazilian economy. We are living with the slightly pessimistic news. And the result is real, with the pardon of the pun. High inflation, unemployment, deceleration of production due to lack of demand in almost all sectors. One of the causes of rising inflation – which is already surpassing the government’s target – is the rise in the dollar. We are importing a lot, and this obviously drives up prices. The producer undertakes to pass on the costs to the consumer. In turn, high prices startle the buyer.


According to Ricardo Tosto, in this scenario of high exporters are practically the only ones to be benefited. On the other hand, if inflation rises too much will also be high interest, which ends up neutralizing the beneficial effect. “Bad is even for the consumer who sees the loss of their buying power every day,” summarizes Tosto.

Political setting

Faced with the current political scenario, with the government trying to make the necessary fiscal adjustments and facing defeats in Congress, it is expected that this year the situation will tend to get worse. The rebalancing of the public accounts is a decisive factor for the country to regain credibility so desired by investors. But the proposals put forward by the government suffer hard blows from the oppositionists, and it will not be easy to achieve the objectives headed mainly by the Minister of Economy Joaquim Levy. To complicate matters, President Dilma’s popularity came down from the double-digit house, demonstrating the population’s dissatisfaction even in areas considered approving clusters, such as the Northeast.

Is it time to buy or sell dollars?

In Ricardo Tosto’s opinion, the situation varies from case to case. Example of who already had a trip marked abroad or who needs to make a box. It should be remembered that the dollar is not an investment and that if the multiple factors that are causing this increase are being overcome, such as fiscal adjustments and the resumption of investments in infrastructure, the tendency is to stabilize and even fall.

Does the crisis in Europe aggravate the scenario here?

Brazil is currently a substantial exporter of products to the EU, and the economic crisis in some European countries, such as Greece, can generate a cut in spending by European nations, which will lead to a drop in imports of Brazilian agricultural products. This will shift our trade balance to the import side. In addition to unbalancing Brazilian foreign trade, this process will lead to an increase in interest rates and a decrease in credit. Fragile and unstable economies tend to be seen as vulnerable and dangerous; and interest rates, tend to increase. As a result, a national currency devalued, says Ricardo Tosto.


For the exit of Brazil does not return to be the airport, as it was played in the past, it is believed that the main actors of the political and economic scenario are not: individualistic, corporatist, defending slices of power and having in their decisions an ideological bias. This was done to protect the collective and make Brazil a good place to live. A country with its balanced accounts, controlled inflation, and a strong currency, believes Ricardo Tosto. Thus, even unfavorable external conjunctures will not depart into an entire nation.

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Ricardo Tosto: The Excellent Corporate Lawyer From Brazil

Ricardo Tosto is considered to be a notable figure in the field of law in Brazil. He has been part of the Brazilian law scene for quite a while during which he has dealt with numerous clients and dozens of different firms. He is considered to be extremely proficient at what he does and is known for his skill in handling legal matters. He has been legal counsel to some of the top firms in the entire country. The clients who he has served come from a variety of different backgrounds and fields. Ricardo Tosto is also regarded as someone who is extremely good in dealing with cases that involve financial matters, which is one of his primary specialties. Financial law is his forte, which has also given him the stellar reputation as a corporate lawyer that he currently has.

One of the things that have gotten Ricardo Tosto to the position that he currently is in is his dedication to his job. He takes his work very seriously and believes in working extremely hard to make his goals a reality. This has helped him climb up the corporate ladder to get to the high position that he currently has in the industry. He has always believed in putting his best foot forward to give his clients the best legal service, which has helped him progress in his career.

Big corporations are not the only clients that Ricardo Tosto currently serves. He has also worked with numerous governmental organizations which have requested his skill in legal matters. He has also been the legal counsel for various government officials in the country, working on some of their biggest cases.

Even though it may seem like Ricardo Tosto is only focused on his work, he does take the time out to do his bit to help society. He is known to take up cases of those who cannot afford legal counsel from time to time. He has helped numerous people gain the justice that they rightfully deserve. He is also a regular contributor to NGOs across the country that work to help people who are not as fortunate as he is.

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Karl Heideck’s Hectic Career As A Litigation Attorney

Life as a litigation attorney is hectic and often times complicated. The smallest issue can become the biggest tempest of legal proceedings. As a litigation attorney you must be able to weather the storms of the legal system and lead your client out of harms way as well.

Being a litigation attorney requires hours of extensive investigative work. To be fully prepared for a case they must have knowledge of all the relevant details. Even if that includes reading through piles of documents consisting of anything from witness statements to medical records or crucial evidence. Even when that strenuous task is completed a litigation attorney’s job may be far from over.

Though 90 percent of cases don’t make it to trial the ten percent that do can turn into a real battle, putting a lot of pressure on civil litigators especially. If a settlement can not be reached by both parties prior to a lawsuit being filed the litigator has to draft vital motions and pleadings to file with the court, in which case the defendant’s attorney is required to respond. Then, both sides exchange information and prepare for pretrial. Usually a settlement is reached in the pretrial phase, but if one is not reached then both sides prepare for the hectic trial process.


Litigation attorneys may work for criminal clients, real estate firms, law firms, large corporations, or individuals.

About Karl Heideck
Karl Heideck is a Philadelphia based attorney who has made his name in the compliance and risk management areas of his profession. Karl Heideck has a passion for helping upcoming litigation attorneys reach their goals. This passion is the reason he started his blog which focuses on legal news and changes to the public.

He attended Swarthmore College and graduated in 2003 with an undergraduate degree. He later went on to enroll in James E. Beasley School of Law at Temple University in 2009, where he received his law degree.

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How Are A Whistleblower’s Interests Safeguarded And Is There Any Reward?

Did you know that laws and regulations are guaranteeing the protection and rewards for SEC whistleblowers? Did you also know that there are SEC whistleblower lawyers dedicated to investigating and verifying your claims and presenting your case in a federal court while guaranteeing anonymity and protection? The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 guarantees the safety and reward of any whistleblower with valuable securities exchange violations.

Therefore, you can comfortably report security practice violation cases against security traders in person or anonymously without jeopardizing your career or risking retaliation from the employer or fellow industry players. Additionally, you stand a chance of gaining substantial reward for any successful prosecution. According to the consumer protection Act, for every whistleblowing suit that the SEC successfully prosecutes, you stand to gain 10-30% reward for penalties exceeding one million.

Does this mean any lawyer can adequately represent you?
No. Given the sensitivity of the action, it is highly advisable that you only approach a SEC attorney with proven credentials and track record of successfully prosecuting the industry-related cases. That’s what Labaton Sucharow law firm offers. Under the leadership-p of a former Chief Litigation Counsel with the SEC’s Division of Enforcement, Jordan A. Thomas, the firm has set up an exclusive Practice focused on the protection and advocating of SEC whistleblowers.

Thomas is assisted by a team of elite in-house forensics accountants, investigators and financial analysts familiar with the security market operations. Under his leadership, the practice has a rich history of successfully advocating for high-level securities litigations. Additionally, the fact that Thomas was actively involved in the drafting and finalizing of the Whistleblower Program ensures you get unparalleled representation. The team is also well familiar with both local and international security trade laws and therefore doesn’t shy away from international cases.

What do you stand to gain by hiring a SEC whistleblower lawyer?
The Labatan Sucharow SEC whistleblower attorney guarantees your security from the first meeting. These mean that you will not be compelled to reveal personally identifying information during the initial consultation that is also free. Your attorney, backed up by the Act also guarantees protection from any form of retaliation by the employer or industry players.