The 2011 foreign investment law of Angola was repealed on 11 August, 2015 and a new foreign investment law entered into force on the same day. Law 14/15, of 11 August – the New Angolan Private Investment Law (NPIL) – is now the governing act.
Employment-related issues concerning social media have finally been brought to Portuguese courts’ attention - three decisions of Appeal Courts on this topic were published during the year 2014, and it is expected that more decisions will follow.
Over the past 30 years, surveillance and inspection of industrial activity in Portugal has been mainly absent. The concrete enforcement of industrial regulation is a joint responsibility of the State and the Municipalities and their cooperation has not always been exemplary. With the growth of administrative regulation, particularly as a consequence of European law, several companies found themselves operating in an irregular manner and never rectified the situation.
Act 9/2015, of 25 May, regarding urgent measures on insolvency, entered into force in Spain on 27 May, 2015, thus concluding the process of giving Royal Decree Law 11/2014, of 5 September, the status of an Act. That Royal Decree Law, approved in September 2014, made considerable changes to the former Spanish Insolvency Act 22/2003, of 9 July (the "Insolvency Act").
As a result of the financial crisis and the losses derived from investments, as well as certain poor banking practices, invalidity actions against investment products contracted by consumers with banks have proliferated widely. Usually, the actions for annulment have been based on the error of consent as well as on the violation of the rules of the Securities Market Act and the General Law on Consumers and Users
The recently published Government Ruling nr. 113/2015, dated 22 April, identifies the elements needed for instructions related to several procedures foreseen in the legal framework for the licensing of urban and construction operations – notably construction, reconstruction, modification, conservation, demolition or infrastructure works, or other urban procedures, such as plot divisions. The legal framework (the RJUE) corresponds to Decree-Law nr. 555/99, as amended on numerous occasions – most recently in September 2014 – which came into force in January 2015.
The Court of Justice of the European Union (CJEU) has issued an important ruling, dated 13 May, 2015, regarding the collision between Spanish legislation on collective redundancies and the contents of Directive (EC) 98/59 on the approximation of the laws of the Member States relating to collective redundancies(hereinafter, the "Directive 98/59").