The handy man

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Latest Briefings

Law 5/19, of 18 April 2019 – Amendments to the petroleum activities law

By Joao Afonso Fialho, Joana Pacheco The recent restructuring of the legal framework of the petroleum sector and the creation of the National Agency for the Oil and Gas Sector (“ANPG”), required some amendments to the Petroleum Activities Law (Law 10/04, of 12 November 2004 – “PAL”), which were now introduced by Law 5/19, of […]

Invoices and other tax relevant documents: New Rules

By Conceicao Gamito, Ana Raquel Costa, Joana Branco Pires, Rita Simao Luis Decree-Law No. 28/2019, of February 15 (“DL 28/2019”), consolidates, updates and harmonizes obligations for the processing, issuance, notification, archive and conservation of invoices and other tax relevant documents under Portuguese law. The measures introduced by the DL 28/2019 have three distinct purposes: the […]

Liking, Sharing and Posting: Legal Responsibility and Social Media

By Michael Lindtner Social Media is omnipresent these days and individuals as well as companies increasingly use these instruments as communication and marketing tools. Moreover, the development of Social Media platforms, like interactive online rating and comparison platforms, is also of interest for the start-up sector. However, this increasing importance of Social Media also raises […]

We are going to make Portugal a hub for international arbitration

Already considered by its investors as “the best place in the world to invest”1 , Portugal seems to have changed from the country of discoverers to the country to be discovered. Will Portugal and its arbitration community be prepared to take on this new economic dynamic? According to the most recent QMUL study on international […]

Brexit and financial services

Despite all the current instability and uncertainty associated with delivering Brexit, one thing is certain. Brexit will have a significant impact on the financial services market in the European Union. This is because it is the first time a Member State has left the European Union and because of the UK’s relative weight in this […]

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A&O scores instruction from Korean Eximbank

Allen & Overy’s (A&O) London office has advised on its first deal for the Export-Import Bank of Korea (Eximbank). A team, led by London partner David Smith and Hong Kong-based Simon Black, has advised the bank on its first structured ship financing for international customers in relation to nine container vessels, totalling $431m (£257.9m). A&O […]

Simmons stakes all on investment as profits slide

City firm Simmons & Simmons has announced a rise in turnover of 12.6 per cent to £176.9m, but is set to post average profits per equity partner of around £300,000, representing a drop of some 20 per cent.It is the second year in a row that average profits have fallen. In 2002 they fell to […]

Lex Mundi signs up Sri Lankan friend

International legal network Lex Mundi has signed up Sri Lanka’s oldest and largest firm, FJ & G de Saram.The firm has become the exclusive Lex Mundi member for Sri Lanka.FJ & G is a full-service commercial firm with a particular focus on banking, investment, telecommunications, copyrights and intellectual property.Lex Mundi has 160 firms world wide, […]

Cadwalader and Slaughter and May reunite for MyTravel battle

After Cadwalader Wickersham & Taft was slammed by Mr Justice Jacob for trying to place Slaughter and May client Colt Telecom into administration, the two firms have entered the ring again to fight over the refinancing of MyTravel. Slaughters partner William Underhill, who worked on the Colt litigation, is leading MyTravel’s fraught discussions with its […]

Leader

If Tony Blair had wanted to appease the left of the Labour Party, then abolishing the role of Lord Chancellor was a darn effective way of doing it. There’s been a broad welcome from liberals to the proposal of disentangling the legislative and judicial functions and to the establishment of a new department for constitutional […]

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