Uncategorized

Portugal Implements the IP Enforcement Directive

Portuguese Law 16/2008 (published on 1st April, 2008) enacted European Directive 2004/48/CE relating to the enforcement of IP rights and amended the Authorship and Neighbouring Rights Code (Authorship Code) and the Industrial Property Code (IP Code).

Uncategorized

Portugal’s single insolvency regime

Expressions such as the 'sub-prime crisis' and 'credit crunch' have become all too familiar in the last 10 months, with many leading financial institutions collapsing, or having to significantly increase their capital to cover losses. Economists

Banking & Finance

Anti-dilution protections – Araoz & Rueda

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

Tax

Portugal’s new state-owned property regime – PLMJ

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

Uncategorized

Equality in employment

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

Uncategorized

Energias de Portugal: Growing up green

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.

Uncategorized

Riding the highs and the lows

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.