On 20 January 2016, the Directive 2016/97 – concerning insurance distribution – was adopted by the European Parliament and the Council. The Insurance Distribution Directive (IDD) provided a harmonised legal framework for this activity.
In the Jessica Porras case (C-103/16, 22 February 2018), the European Court of Justice answered questions – relating to the dismissal of a pregnant employee as part of a collective redundancy scheme – raised by the High Court of
Sellers resorting to competitive processes with many bidders fighting for assets – meanwhile, funds from Portugal are playing a bigger role in the domestic marketMany major private equity funds have closed real estate and restructuring deals
Lisbon law firm Macedo Vitorino & Associados advised former Benfica and Sporting Clube de Portugal coach Jorge Jesus on his move to Saudia Arabia’s Alhilal Saudi Football Club.
Allen & Overy advised mezzanine finance firm Intermediate Capital Group (ICG) on the acquisition of Madrid-headquartered Suanfarma.
Pérez-Llorca advised UK-based packaging business DS Smith on the acquisition of Spain-headquartered Europac, which instructed Uría Menéndez and DLA Piper.
Campos Ferreira, Sá Carneiro & Associados advised PSA Sines – Terminais de Contentores on a term and revolving credit facility made available to it by a syndicate of four Portuguese banks led by Banco BPI.
Vieira de Almeida (VdA) has entered into a partnership agreement with Cameroonian law firm Core Africa Lawyers.
Clifford Chance’s former head of banking and finance in Spain, Alberto Manzanares, has joined Ontier as counsel.
MLGTS advised construction company Teixeira Duarte on the sale of the business park Lagoas Park to private equity fund Kildare.
