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Material Adverse Change clauses are common in credit agreements, but are rarely interpreted by the courts.
Revenue at Iberian firm Garrigues’ London office shot up by 32 per cent in the 2011/12 financial year, the firm’s LLP accounts have shown.
DAC Beachcroft has bolstered its Madrid partnership with the hire of Ruth Duque, who formerly oversaw legislation policy at the Spanish regulator, the Directorate General of Insurance and Pension Funds.
If it is implemented as proposed, the financial transaction tax is likely to cause distortion to the financial sector and will almost certainly change the way we do business.
The retail sector is sensitive to and responds quickly to consumer-driven economic conditions. Changing consumer trends, lack of prime retail space and often inflexible leases have all meant that times are challenging for retailers.
Annual update on the latest tax developments related to inbound acquisitions.
Garrigues looks to South America for relief from home market gloom...
Europe’s largest law firm, Garrigues, is quitting the Latin American alliance it founded in 2004 in order to launch its own offices on the continent.
DAC Beachcroft has made up five lawyers to partner after promoting the same number last year.
The Spanish gambling watchdog announced in a press release last Friday that it will authorise betting exchanges and online slots, following the lead of other EU countries including Italy.
The ECJ has dismissed the complaints of Spain (C-274/11) and Italy (C-295/11) against the Council of the European Union with a view to the Unitary Patent.
Global Insight is a digital publication bringing you news, views and analysis from DLA Piper’s Global Restructuring Group.
Spain’s big four law firms are serious players on the European scene, but tough times have called for tough coping strategies...
White & Case has become the first international law firm to launch a Spanish office for several years, hiring Latham & Watkins’ local corporate head Juan Manuel de Remedios to open in Madrid.
As Portuguese firms face liberalisation in a post-bailout world and the home market remains tough, many are setting their sights overseas...
Slaughters’ best friend announces 4.5 per cent fall in turnover for 2012, with revenues declining from €188.8m in 2011 to €180.2m.
Olswang’s Madrid team reports on the Spanish Data Protection Authority’s recent ruling on Google’s autocomplete function.
Dirección General de Ordenación del Juego presents action plan for 2013...
Clifford Chance has announced corporate specialist Jaime Velázquez as managing partner of its Spanish offices following a vote, succeeding longstanding country chief Ignacio Ojanguren.
Portuguese independent PLMJ is continuing its international focus with the launch of a team focusing on cross-border projects work.