The credit crunch has prompted not only a change in the relative power of vendors, purchasers and banks in transactions, but also the emphasis each is placing on the terms of deals, say partners Fernando
As the costs associated with a full takeover have risen so therefore has the emphasis on maximising interference, notably through access to a company Board, says João Vieira de Almeida, managing partner of Lisbon-based
Spain’s 2005 revision of its private equity law brought with it an increase not only in awareness among private equity houses (PEHs) of the benefits of the jurisdiction for fund formation but also an upturn
As the buyers of Portuguese transactional legal services become increasingly sophisticated, changes are evident in the expertise demanded of external legal advisers, says Dulce Franco, partner at AAA Advogados in Lisbon. Firms have therefore to
The new concurrent public offers regime was enacted at the end of 2006 by Decree-law no. 219/2006 of 2nd November and came into force in 2007.
Portuguese Law no. 4/2008, dated 7th February, approved a legal framework for employment contracts for performing artists, namely actors, background performers, dancers, singers, musicians, choreographers, scenographers, directors and bullfighters.
Typically, venture capital (‘VC’™) investors expect to obtain an exit within a 3-7 year period and aim to receive a minimum return on their investments. Rights and mechanisms designed to allow the VC firms to
The activities of 'angel investors' or 'angels', commonly referred to in Europe (where they have been recognised for some time) as 'business angels', were finally given their long awaited statutory recognition in Portugal by Decree-Law
Imagine a scenario where a company is calmly going about doing its business when suddenly an equipment malfunction causes contamination of a waterline.
