Law No. 89/2017, which came into force in Portugal on 20 November 2017, transposes into national law Chapter III of Directive (EU) 2015/849 of the European Parliament and of the Council, of 20 May 2015 (4th Money Laundering Directive), and approves the legal framework for the Central Register of Beneficial Ownership (CRBO) under Article 34 […]
Distribution agreements are not specifically regulated under Spanish Law. This lack of regulation implies that relations between the parties are based on (i) the terms and conditions agreed by the parties (whether written or oral);
Though corporate and M&A work requires a high level of sophistication given that it has an increasingly significant regulatory component, such work is becoming increasingly commoditised, says Alexander Jardim, banking and finance partner
In the early part of 2017, it was all going so well for M&A lawyers, with international investors competing to snap up the best assets in Iberia; but then came the crisis in Catalonia,
International investors from around the world are targeting the Spanish energy, tourism, engineering and healthcare sectors, says Sharon Izaguirre, partner at Deloitte Legal.
Investors from Spain, the UK, the US and China also targeting assets in the health and insurance sectors, while lawyers face challenge of using technology to become more efficient
Following a period in which there was a greater perception of political and economic uncertainty in Portugal, investors are now more positive in their outlook for the country, with those from China, Brazil and France,
Dealflow increasing in the real estate and renewable energy sectors – with UK, US, Canadian and German investors targeting Spanish assets – but uncertainty in Catalonia is jeopardising future prospects
New types of legal sector careers will emerge, with increased focus on project management, as wider use of artificial intelligence reduces the number of lawyers
