The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Portugal is not the only European country where political instability has caused fallout for the PFI market. Romania’s nascent PFI market has been turned on its head with the news that the new government is to review £2.5bn in PFI contracts after it emerged the contracts were awarded by the previous administration without competitive tender.
Three separate agreements with Germany’s EADS, France’s Vinci and US company Bechtel will all be subject to review. With much of the UK’s refinancing market currently frozen in anticipation of a National Audit Office report and the coming general election, the situation is a reminder of how politically sensitive the PFI arena is.