Brazil: Most States Require Deed of Assignment for Precatório Transfers

A report indicates that most Brazilian states now require a deed of assignment for the transfer of precatórios (court-ordered government debts), a procedural change affecting the secondary market for these instruments. The full details are behind a paywall, so the exact scope and implications remain unclear. This matters because it could alter liquidity and legal certainty in the precatório market, impacting investors and creditors.