It is not enough for lawyers to merely adapt to the changes around them, they must effect change for the better, says Miguel Roca, President of Roca Junyent
Measures against takeover bids revamped: Portuguese draft legislation under public consultation for the adoption of breakthrough rule
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 […]
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.
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 […]
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.
There is no doubt that the Portuguese economy requires deep reform but the country continues to offer attractive long-term investment opportunities
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 […]