Allen & Overy advised Cepsa on the sale of a 42 per cent stake in the Medgaz gas pipeline – which connects Spain with Algeria – to the Abu Dhabi-based Mubadala Investment Company.
Portuguese law firm PLMJ has signed an agreement with Chinese law firm Zhong Lun that will see the two firms use artificial intelligence software to produce bilingual contracts.
Lisbon-headquartered law firm Miranda & Associados advised the Government of Timor-Leste on the acquisition of ConocoPhillips’ 30 per cent stake in the Greater Sunrise oil field.
Latham & Watkins has announced the hire of Linklaters real estate partner Rafael Molina.
Former executive president of Radio Televisión Española (RTVE) Leopoldo González-Echenique has been made a partner at law firm Herbert Smith Freehills in Spain.
Cuatrecasas advised Madrid-headquartered loan agency business AgenSynd on its acquisition by asset management company Sanne.
Pérez-Llorca advised investment firm Blackstone Group on the acquisition of a majority stake in real estate investment trust (or Socimi in Spanish) Testa Residencial.
UK law firm Fieldfisher is to merge with Spanish firm Jausas.
MLGTS has recruited former PLMJ partner Magda Viçoso from CTT Correios de Portugal, where she was legal counsel.
Though major firms in Spain and Portugal are implementing artificial intelligence (AI), doubts persist about the technology, with some managing partners saying it performs like a ‘bad associate’
