Latest Briefings

Portugal: Rent updating coefficient to apply in 2022

Under article 24 of Law 6/2006 of 27 February, which approved the New Urban Renting Rules, and article 11(5) of Decree-Law 294/2009 of 13 October, which approved the New Rural Renting Rules, the National Statistics Institute is responsible for calculating the annual rent update coefficient applicable to urban and rural leases. This coefficient must then be published in a notice appearing in the official gazette, Diário da República, no later than 30 October of each year.

How will costs be treated in a no-fault divorce?

At the end of this month, court fees are increasing. The change is the result of a consultation led by the Ministry of Justice earlier in the year which considered whether court fees should be increased by inflation.

Limited network exemption under PSD2 – EBA consults on Draft Guidelines

In summer 2021 the European Banking Authority published Draft Guidelines on the limited network exemption under the Payment Service Directive 2 for consultation. The Draft Guidelines are meant to foster supervisory convergence amongst the EU’s national competent regulators.

Energy Innovators Roundtable series: Reshaping regulation to recognize the imperative for technological change

Whether they like it or not, energy regulators are the new gatekeepers of the technology shift that is needed to meet Canada’s carbon reduction goals. This will require significant and near-term changes to the construct under which Canada’s utilities have traditionally been regulated. Traditional regulation doesn’t incent utilities to retire technology simply because something better has come along. Should regulation transition from “used and useful” to “better”? Join Gowling WLG for the first 2021 roundtable in the Energy Innovators Roundtable series.

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A crash landing into crisis management: an aviation GC’s Covid story

For sectors such as aviation, hospitality and retail the COVID-19 pandemic hit hard and few could have anticipated the effects on business operations. For some, the pandemic meant restructuring the organisation and working from home until further notice whilst navigating the uncertainties of advising a business on a surge of new queries. For others, the pandemic resulted in almost total loss of business, with few customers and little revenue. Exacerbated by the disparities in governmental guidelines and the countries that are safe to visit, this presentation will talk you through the turbulent journey of a GC in the aviation sector, who dealt with advising a healthy business one day and managed the legal pitfalls of a global crisis the next. Watch this case study from an industry greatly impacted by the current pandemic, for which the “new normal” is far from what we know as “normal”.  

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Deals round-up: significant transactions of last week

Slaughter and May, Kirkland & Ellis, Ashurst and Akin Gump are advising on the restructuring of Valaris, the world’s largest offshore drilling rig operator, which filed for bankruptcy in Houston last week. London headquartered Valaris became the latest casualty of the global slump in oil prices, filing for bankruptcy as it seeks to restructure a […]

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