With drones and satellites being more commonly used in a range of industries, businesses are looking to lawyers in Iberia to help create an appropriate legal framework
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Survey of in-house lawyers at leading Iberian companies also shows that Cuatrecasas has strengthened its brand in both Spain and Portugal
German railway brake system manufactuer Knorr-Bremse was advised by Baker McKenzie on its acquisition of a 50 per cent stake in Spain’s Icer Rail.
Portuguese law firm Vieira de Almeida (VdA) has recruited real estate partner Miguel Marques dos Santos from Garrigues.
Broseta advised UK investment bank StormHarbour on the acquisition of Ahorro Corporación Financiera.
In the short term, banking and finance-related work will sustain many law firms in Lisbon, but the longer term outlook is more uncertain and legal market consolidation is looking likely
While Grupo FerroAtlántica instructs some of the world’s biggest law firms, it also uses smaller firms as they are sometimes ‘more competitive and efficient’, says Carla Inés Cerdán Molina
Linklaters advised Spain’s ProA Capital on the acquisition of a 30 per cent stake in Grupo VIPS.
Garrigues advised Global Infrastructure Partners (GIP) on the acquisition of a 20 per cent stake in Gas Natural Fenosa.
Garrigues acted for food sector company Grupo Empresarial Palacios Alimentación on its acquisition of Precocinados Fuentetaja, which instructed Pérez-Llorca.
