Competition lawyers across Iberia agree that the financial crisis has had a clear impact on the type of work they are now seeing, but equally significant has been the increasing confidence and remit of national
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Javier Folguera’s role as General Counsel and Vice-Secretary to the Board of leading Spanish satellite company Hispasat may have required an education in the satellite business but he was already very comfortable managing cross-border
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
Despite reports of green shoots in the Spanish economy, many of Madrid’s law firms remain sceptical, but nonetheless optimistic that they can weather the economic storm.
In the current financial climate counterparties may be reluctant to fund or even follow through with arbitration proceedings but remedies exist to progress disputes
The global financial crisis is clearly impacting on the Iberian economy, unemployment in Spain has reached around 14.4% with 3.3 million now jobless, and the slowdown is inevitably also beginning to impact on neighbour Portugal, of which
In light of the evident economic challenges currently facing many businesses across Iberia, lawyers in Spain and Portugal report that their clients continue to seize opportunities internationally albeit at a more measured pace. The situation
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
In order to counter the decline of Barcelona’s traditional heavy industry and manufacturing base, Iberian Lawyer’s Annual Report finds the city reinventing itself as an international research and development and technology centre to
Iberia has clearly not proved immune to the global downturn in M&A, say lawyers, with transactional and private equity both significantly down. But while companies may not be expanding, many are restructuring and refinancing
