Senior Partner
Rio de Janeiro
(+55 21) 3993 3605
eDUCATION
Master’s Degree in Business Law – Pontifícia Universidade Católica de São Paulo (2010)
Postgraduate degree in Finance – Ibmec-RJ (2002)
Bachelor of Laws – Pontifícia Universidade Católica do Rio de Janeiro (1997)
PRACTICE AREAS
LANGUAGES
Portuguese, English and Spanish
Paulo Eduardo Penna has been a lawyer since 1998. He is a founding partner of Novotny, Ney, Saldanha, Penna, Ponte, Vianna & Corrêa Advogados and has extensive experience in transactional matters and corporate law.
Paulo assists varied types of international and domestic clients, including public companies, large, middle-cap and small private companies, entrepreneurs, private equity funds, institutional and strategic investors, startups and individuals.
He provides legal counsel in transactional matters and corporate law in general, including with regard to structuring companies, corporations and consortiums, corporate governance matters, and counseling on strategic and day-to-day business issues. Paulo also routinely works with foreign investments in Brazil, representing international investors that wish to invest or establish themselves in Brazil. Additionally, he often assists domestic clients in investments and transactions abroad.
One of his main areas of expertise is M&A. Paulo has broad experience in coordinating cross-border and domestic M&A operations, negotiating share purchase agreements, shareholders’ agreements and joint venture agreements, among other agreements in M&A transactions. His M&A experience encompasses a wide range of industry sectors, including mining, real estate, shopping malls, education, healthcare, and technology. He also assists clients in private equity transactions and in the regulatory issues of this sector.
Paulo also has extensive expertise in capital markets, advising public companies, investors, investment funds and market agents across a broad range of legal and regulatory issues, including public offerings and the issuance of securities.
His diverse experience also includes the negotiation of commercial contracts and financing agreements, as well as counseling on infrastructure projects. Paulo’s practice also covers corporate business restructurings and reorganizations, asset reorganization and succession planning.
Paulo is recognized as one of the most admired corporate lawyers in the country by Brazil’s main legal directory, Análise 500.
He is the Vice-President of the Capital Market Committee of the Brazilian Bar Association – Rio de Janeiro Section (OAB-RJ) and also a member of its Corporate Law Committee. He was previously a member of the Regulation Committee of the Brazilian Association of Private Equity and Venture Capital (ABVCAP) from 2015 to 2018.
Paulo combines professional experience with academic activities. Since 2009 he has been a professor at the Law School of Pontifícia Universidade Católica do Rio de Janeiro, where he teaches courses on business contracts and M&A. He is also a frequent speaker in seminars and conferences. He has authored a book on the sale of control of public companies and several articles on M&A and corporate law, among other topics.
Pesquisa sobre o direito ao tag along no informe sobre o Código Brasileiro de Governança Corporativa – Companhias Abertas
Other Publications
Corporate Governance In Brazil
Article
O Papel da Comissão de Valores Mobiliários na Alienação de Controle de Companhia Aberta
Article
Preço das Ações na Oferta Pública por Alienação de Controle de Companhia Aberta
ARTICLE
Preço Contingente em Operações de Fusões e Aquisições (M&A): A Cláusula de Earn-Out
Article
Luisa Shinzato de Pinhodez.2017
Controle Minoritário no Direito Brasileiro
Article
Opportunities in Brazil’s New Infrastructure Program
Article
Luisa Shinzato de Pinhomar.2017
Oferta Pública de Aquisição de Controle de Companhias Abertas
Article
Fechamento Branco de Capital e Oferta Pública de Aquisição de Ações por Aumento de Participação
Article
Investment Committees in Brazilian Private Equity Funds
Article
Alienação de Controle de Companhia Aberta
Article
Brazilian FIA-MAs: a New Option for Investments in Mid-Market Companies and Private Equity
Artilce
Private Equity Investments: Tax Advantages of Brazilian FIPs
Article
Paulo Pennaset.2014
Flexibility in Structuring M&A Transactions – the Earnout Provision
Article
Proposed Regulatory Changes to D&O Insurance in Brazil
Article
Understanding the Roles of Administrative and Investment Managers of Brazilian FIPs
Article
Structuring Exit Strategies in Private Equity Investments in Brazil: the BOVESPA MAIS Alternative
Article
O BOVESPA MAIS como alternativa de saída em investimentos de private equity
Article
Investment Adviser Regulation in Brazil
Article
Os Acionistas Minoritários e o Direito ao ‘tag along’
Article
RJ (+55 21) 3993 3601
Praia de Botafogo, 228
3º andar, Bl. A
Botafogo, Rio de Janeiro, RJ
22250-906
RJ (+55 21) 3747 1699
Rua da Quitanda, 86
2º andar
Centro, Rio de Janeiro
20091-902
SP (+55 11) 4550 2006
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18°andar
Brooklin, São Paulo, SP
04568-010
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