Competition & Antitrust

Commission temporarily approves rescue aid for Spanish cajas – Mayer

The European Commission has granted temporary approval, under EU state aid rules, to the recapitalisations of NCG Banco, Catalunya Banc and Unnim Banc by the Fondo de Reestructuración Ordenada Bancaria (“FROB”). All three banks were created this year as part of the restructuring of the Spanish savings banks system. Final approval of the recapitalisations is conditional […]


Portugal’s New Arbitration Law – F Castelo Branco & Associados

Last September the Portuguese Government submitted to Parliament a proposal for a new Arbitration Law to replace the 1986 law currently in force. This was made as a result of a measure contained in the Memorandum of Understanding with the international Troika arising from Portugal’s bailout, as well as the present Government’s program.


Spanish public-private partnership structures – Roca Junyent

  The scheme to be followed in Spanish public-private partnerships (PPPs) as a way to privatise infrastructure in Spain will inevitably depend on the nature of the infrastructure itself. If it is to be used or built to provide public services (those which provision the Government or local Administration have declared reserved to themselves), such […]


Lisbon Annual Report 2011: Opportunity and strategy

Portugal’s law firms are experiencing challenging times. The downturn is forcing many to adjust their strategy, to align to a changed economy and client demand. But it is prompting new opportunities, notably derived from the Government’s privatisation and legislative reform programmes.  


Companies preparing for privatisation boom – Raposo Bernardo

With Portugal attempting to reduce its debt deficit it is little surprise that business confidence is low. This has been particularly prevalent in the anxiety seen among international investors. Banco de Portugal estimates that foreign direct investment was down by more than seven percent in the first half of 2011, valued at €16.9bn. This has […]

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