Garrigues advised CVC Capital Partners on the acquisition of a 20 per cent stake in Gas Natural Fenosa from Repsol.
One of the most interesting, anachronistic and perhaps most disrespected rules in Portuguese corporate law is the (prohibition of) “financial assistance“, under Article 322 of the Portuguese Commercial Companies Code (“CSC”).
It is not unusual to see entities investigated by public bodies in order to verify that they comply with legislation and, if appropriate, punish them for breaching it. This leads some entities to blame executives
Law No. 89/2017, which came into force in Portugal on 20 November 2017, transposes into national law Chapter III of Directive (EU) 2015/849 of the European Parliament and of the Council, of 20 May 2015 (4th Money Laundering Directive), and approves
Marimón Abogados increased its revenue by 6 per cent to €8.9 million in 2017.
Distribution agreements are not specifically regulated under Spanish Law. This lack of regulation implies that relations between the parties are based on (i) the terms and conditions agreed by the parties (whether written or oral);
Certain forms of finance can be better suited to certain corporate structures or objectives, and this is something that companies should consider
La posibilidad de soluciones “a medida” y mayor flexibilidad ha despertado en las empresas un mayor interés por soluciones de financiación alternativa, afirma Beltrán Gómez de Zayas, PwC Tax and Legal
MLGTS advised Violas on the acquisition of a 25 per cent stake in Viacer from Banco BPI.
Large transactions are taking place in the Spanish telecoms, healthcare and real estate sectors, and this is creating significant opportunities for law firms, says Latham & Watkins partner José Antonio Sánchez Dafos.
