The credit crunch has prompted not only a change in the relative power of vendors, purchasers and banks in transactions, but also the emphasis each is placing on the terms of deals, say partners Fernando Torrente, Francisco MartÃnez Maroto, Federico Roig, Javier Carvajal and Juan Aguayo of Cuatrecasas.
As the costs associated with a full takeover have risen so therefore has the emphasis on maximising interference, notably through access to a company Board, says João Vieira de Almeida, managing partner of Lisbon-based
Spain’s 2005 revision of its private equity law brought with it an increase not only in awareness among private equity houses (PEHs) of the benefits of the jurisdiction for fund formation but also an upturn
As the buyers of Portuguese transactional legal services become increasingly sophisticated, changes are evident in the expertise demanded of external legal advisers, says Dulce Franco, partner at AAA Advogados in Lisbon. Firms have therefore to
