Portugal’s desire to diversify its energy supplies has prompted significant investment in gas, including LNG, says Manuel Santo Vítor, head of the energy practice at PLMJ
The overriding issue surrounding Spain’s energy sector is the ability to access finance, which is affecting all levels and may now prompt further diversification of ownership, says Emiliano Garayar, founding partner at prominent Madrid
Recent regulatory changes impacting on the development of new solar-thermal plants in Spain have the potential not only to significantly affect the viability of some projects in development but also bring the potential to raise
Despite procedural, technical and environmental challenges, some say that Portugal retains the political will to remain a pioneer in renewable energy production
Portugal’s Legal Framework Territorial Management Plans (LFTMP) enable public entities to manage the use, division and construction of land generally, whether public or private projects, as well as regulating aspects including territorial ordinance, environmental
On 31 March 2009 a new Royal Decree Law was published (RDL 3/2009 of 27 March 2009) covering urgent tax, finance and insolvency measures intended to adapt Spain´s existing insolvency law (Ley 22/2003 de 9 de julio, Concursal – LC) to the
The Water Framework Directive was transposed into Portuguese Law in December 2005 and further complemented by special legislation mostly in 2006 and 2007. However, recent events have shown that public awareness of the consequences of the new rules
In light of the recent economic events that have shaken the global economic system, the corporate world is seeking ways to cut costs and avoid insolvency with many companies inevitably looking to restructure.
Following the international financial crisis and consequent breach of investors’ confidence and the increasing difficulties in liquidity raising by Portuguese credit institutions (CIs), particularly in the second half of 2008, the Portuguese State reacted with the
In Spain, Article 38.1 of the Workers’ Statute establishes a period of paid annual leave of thirty days for employees, which is not susceptible to substitution by financial compensation, unless the employment contract is terminated.
