Private equity (PE) investors generally seek protection from dilution by other investors in later rounds. Anti-dilution protection is separate from the preferential subscription rights, which give priority to existing shareholders to subscribe for new shares
The reform of the legal framework for state-owned property, driven by objectives of simplification, financial rigour and greater administrative efficiency, was enacted by Decree-Law 280/2007 of 7 August, which came into force last September. The significance of
The incorporation of women into the Spanish labour market has occurred in a massive way in the last fifteen years, such that the level of female employment, while still below the European average, is now
The rapid growth and operational expansion of Energias de Portugal (EDP) has inevitably brought with it new challenges for the company’s legal department, according to General Counsel, António Pedro Alfaia de Carvalho.
Despite the experience of an almost overwhelming first year, and the subsequent demise of big-ticket M&A, nothing yet requires change in the Latham & Watkins business plan for Spain, says managing partner José Luis Blanco.
The goal of multinational development institutions may be praiseworthy but often the application of their policies leaves much to be desired, says Ricard Fornesa Ribó, President of La Caixa.
Recent reforms have opened the way for non-lawyer partners and external investment in UK-based law firms but they may not necessarily take advantage of all that is on offer, says Stephen Denyer, International Development Partner
Iberia's law firms assess the potential of more performancerelated remuneration schemes
Whilst Human Resources (HR) and the issue of how to recruit and retain the best young lawyers continues to be a hot topic amongst law firms, the issues for in-house legal teams remain largely unknown.
The role of in-house lawyers is changing continually, according to participants at a recent high profile conference in Madrid.
