Ricardo Tosto is the founding Partner of Leite Tosto and Barros. He is a trained lawyer with experience in representing banking clients and others in business cases. Ricardo built his legal firm from scratch to one of the top ones in Brazil. Tosto has represented clients in money laundering cases and won them. In one of the outstanding ones, he successfully defended a Swiss firm to be acquitted of the allegations of money laundering. He has also represented top politicians and organizations. Ricardo Tosto has also represented individuals and organizations pro bono.
Leite Tosto and Barros
The firm was the first ever to represent clients in a class suit. So far, Brazil has come to be renowned for its many class suits. The firm has maintained honorable practice and has severally been at the forefront of legal reforms aimed at helping Brazil attain justice for all. Mr. Ricardo Tosto was generous with the lawyers that joined his firm as trainees. Many of the trainees later became associates in the firm.
Ricardo Tosto Dissects the Resource Repatriation Law
Ricardo Tosto thinks that the law offers a great opportunity for the legal teams from the countries involved to make the process smoother. He says that such an exchange facilitated by the law will help to make documentation easier; since there will be a free flow of information. It is likely to expedite the process of repatriation of resources. Ricardo is also supported by the top lawyers at Milk, Tosto, and Barros. Gil Vicente of William Advogados and Associates also thinks that the law as is crafted will bring Brazilian and foreign lawyers closer. Vicente argues that implementing the law involves forging technical partnerships that will ensure that procedures and actions that require particular legal adherence from the countries involved to be dealt with expeditiously.
Possibility of Leniency
In subjecting the law to litmus test analysis, Ricardo warns that while the law has all the great elements of helping to make repatriation of assets faster, it also allows for clemency and a level of legal leniency to the offenders. He observes that the law provides the possibility of acquittal for crimes such as misconduct, tax evasion, and money laundering. Click here
In any country, the profession of law is highly respected and sought after by aspiring students, and it is no different in Brazil. Here there are hundreds and thousands of students who want to become a lawyer and choose it as their career option each year. There are a few premier law schools in the country where hundreds of students enroll each year to kick start their career in the field of law.
The legal system of the country has been undergoing transformation since the country received independence in the year 1822 and has been influenced by a period from the French, German and Italian Law to great extent. However, the country’s governments over the years have made many changes and put into effect many amendments as per the country’s requirements and policy making agenda.
The country is filled today with many top lawyers and law firms of international repute. One of the most reputed law firms in the country is Tosto and Barros Advogados, which has represented some of the most prominent political personalities, public figures, and multi-national and national companies. It is co founded by Ricardo Tosto, who is considered an authority in Brazil when it comes to financial law, corporate law, compliance law, administrative law, and high-value litigations. The extensive experience of Ricardo Tosto has helped him win some of the most complicated and challenging lawsuits in the country, which is referred to in many law institutions in the country as case studies.
Ricardo Tosto studied law from the reputed law institution in the country, Mackenzie Presbyterian University. He has studied business from the highly reputed Armando Alvares Penteado Foundation. With over thirty years of experience in the field of law, Ricardo Tosto is one of the most experienced senior attorneys in Brazil today. He is the member of the Brazilian Bar Association for long and is known for his in-depth knowledge of Brazilian law. Many of the companies in Brazil consult Ricardo Tosto to ensure their business is operating by the compliance law of the country, as in the otherwise case the company may attract hefty penalties.
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