By Marcel Tabajara Dias Ruas (Bogo & Ruas Sociedade de Advogados, Indaial, Santa Catarina, Brazil)
The Brazilian Superior Court of Justice (hereafter “STJ”) has recently delivered an important judgment regarding the enforceability of contracts containing arbitration clauses.
Under Brazilian Law (Civil Procedure Code, article 585, II), contracts and other private documents establishing the duty of a party to pay a precise amount of money at a pre-established date, if signed by two witnesses, might be enforced before the Courts regardless of a prior judgment. In the aforementioned judgment, the STJ held that such a rule is to be applied even if the agreement being enforced contains a dispute resolution clause under which the parties must settle any dispute through arbitration.
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