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The importance of being focused

Linklaters is one of only two Anglo-Saxon firms to operate in both Spain and Portugal, and is regarded as among the leading players in both. Such success, say the firm’s lawyers, comes from

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ISDA – to Net or not to Set-off

Decree-law 70/97 of April 3 (the Portuguese Netting Law) undoubtedly took the market by surprise. In 1997, when international banks were still trying to impose the ISDA documentation standard on locals (banks and institutional clients), Portugal became a