The current economic situation is presenting new prospects for Baker & McKenzie in Spain believe Luis Briones and Esteban Raventós, respectively the Managing Partners of the firm’s Madrid and Barcelona offices. There is now a window of opportunity within which to expand its profile among the country’s major domestic businesses, they say, and they are […]
In-house lawyers questioning who leads the arbitation process, the General Counsel, external law firm or arbitrators?
The Iberian energy markets remain an area of continuing activity, say lawyers. Inevitably the financial crisis has had an impact, but the sector in many respects remains largely healthy. The major utility players continue to develop their strategies at home and abroad, albeit there are some internal issues among a number of companies, while both […]
An unwritten red line throughout the stories in this issue is the increasing lack of trust among the business and finance community: deals are on hold, potential stock exchange debuts halted and many projects delayed or cancelled.
The US Stimulus Plan (American Recovery and Reinvestment Act of 2009) undoubtedly opened the eyes of many Iberian companies to current and future investment and development opportunities in the country
Iberian companies looking for projects opportunities in the US need to understand not only the complex regulatory issues but also the need to help guide public agencies through the process
With public resistance to increased taxation, cash-starved federal, state and local authorities are looking for new means and ways of funding the investment shortfall, says Fernando Alonso, banking and finance partner with Hunton & Williams in Miami.
In addition to the uncertainty surrounding the viability of certain publicly-funded projects, there is also concern around the ability of Portugal’s existing project finance regulation to cope with many of the issues now being raised as a result of the financial crisis, says Jose Luis Esquível of Lisbon public law specialists Esquível Abogados.
As Government cuts and financial uncertainty impact on the viability of projects, groups of companies are now seeking to negotiate better contract and concession terms
A lack of trust is the recurring issue affecting current and planned infrastructure projects across Spain, says Antonio Navarro, finance partner with Broseta in Madrid.
