The main issues holding back the Portuguese economy remain a lack of market confidence and business liquidity, but fundamental to a sustainable recovery is the solidity of the country’s major banks, says Paulo Câmara of Sérvulo & Associados.
The movement towards more transparent business practices in the finance sector has prompted a unique agreement between Portuguese banks
The launch of a new regulatory framework brings closer a new Lisbon airport
The current economic crisis is seeing much more focus placed by clients on cost and efficiency issues, with an evident desire also by many for their law firm advisers to choose sides, believes Dulce Franco, partner with AAA Advogados in Lisbon.
The secretary plays a key role in the proper functioning of the Board. In principle, unless otherwise stated in the corporate by-laws or in the contract between the company and the secretary, the secretary’s main responsibility is the elementary task of faithfully drafting the board minutes. However, good corporate governance rules confer on him a […]
Given the current economic climate we have seen an increase in the concerns of shareholders, in particular parent companies or majority shareholders, to limit their liability for the debts of their subsidiaries and to ensure they are not exposed unnecessarily particularly in insolvency situations.
As in many other countries, the older (and sometimes historical) areas of Portuguese cities and their real estate cultural heritage have been progressively abandoned in the past decades, while, at the same time, economic activities and population have moved out in search of new and more attractive urban facilities.
The last two years have been an uncertain time for the private equity market in Spain (uncertainty which, unfortunately, is expected to continue during 2010). The country has, as a consequence of the socalled global credit crunch, been experiencing similar problems to other European economies including a significant slowdown in economic activity and consumer spending. […]
The success of the in-house legal team of The Royal Bank of Scotland in Iberia is driven by its ability to operate autonomously, which includes finding different paths to its distinct Portuguese and Spanish legal needs
Major mergers are difficult transactions to manage at the best of times, but even more so when the outcome will have a direct impact on the way the companies own lawyers will work