Liquidity is the key challenge for both the Spanish and Portuguese economies, say lawyers. Banks are too concerned about their own core capital ratios, in light of reduced inter-bank lending and rising regulatory demands, to
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The economic downturn across Iberia continues to impact on the competition arena. There may be less merger control activity, but State Aid, antitrust and cartel issues remain at the top of lawyers’ agendas, especially in
Locked bank vaults and a lack of access to working capital is the biggest threat facing Iberian businesses, say Spanish and Portuguese restructuring and insolvency lawyers. Liquidity, or the lack of it in the real
Recent months have seen the Portuguese and Spanish governments enter into increasingly desperate efforts to safeguard investor confidence and the security of their sovereign debt, but such issues are only a larger scale reflection of
The slowdown at home is pushing Iberian businesses to explore new opportunities abroad. Are they looking to the usual suspects – like Latin America – or new parts of the world, and what role is there to
The issues being presented by clients to Iberia’s restructuring and insolvency lawyers remain consistent, but as the financial crisis evolves their relative weight in the equation might have changed, say many. Significant also has
As we draw to the end of one of the most challenging years for law firms and their clients in recent history, what are your thoughts on what 2010 will bring? Will the 'difficult 2009' be followed
At a time when many business sectors are facing falling consumer demand the energy sector remains an international success story of the Iberian economy. Despite a difficult financial arena, changing regulation and increasing competition, the
Los titulares con los primeros despidos de socios en algunos de los más respetados bufetes de abogados de Londres han tenido repercusión en todo el mundo. En la Península
Ashurst’s pre-emptive emphasis on distressed debt and refinancing issues has helped shape not only its response to the global downturn in M&A and leveraged transactions, but also strengthened the firm’s focus towards
