PwC has incorporated newly established Portuguese law firm CCR Legal into its legal network.
Cuatrecasas acted for car manufacturer Seat on its acquisition of all the share capital of car-sharing services company Respiro.
Uría Menéndez advised Madrid-based private equity firm GPF Capital on the acquisition of a minority in Spanish furniture manufacturer Grupo Malasa.
Freshfields Buckhaus Deringer was instructed by Orient Hontai Capital in relation to its acquisition of a 53.5 per cent stake in Imagina Media Audiovisual, part of Spain’s Mediapro Group.
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);
