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Latest Briefings

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 […]

Shareholder Rights Directive II

Participation, information and transparency Directive 2007/36/EC (“First Shareholder Rights Directive”) was approved in 2007. Its aim was to guarantee minimum rights to shareholders of listed companies in the European Union. Among other changes to the then existing legislation, the First Shareholders Rights Directive included additional requirements for disclosure of preparatory information for the general meeting. […]

News – Competition law and policy 1st quarter 2019

By Ricardo Oliveira, Sara Estima Martins 1. Portuguese Competition Authority Portuguese Competition Authority presents its overall results for 2018. In its February newsletter, the Portuguese Competition Authority (PCA) reported that, in 2018, it ordered two companies to pay fines in the amount of EUR 12 million and EUR 370,000. It also carried out four dawn […]

Legal Operations Benchmarking Report 2019

The inaugural BusyLamp Legal Operations Benchmarking report documents the findings of a survey of legal departments from around the world and of varying profiles. The report looks at similarities and differences across industries, legal expenditures, legal department sizes, and geographies, and explores how certain trends are impacting other factors. The survey of 21 multiple choice […]

Recommended

Eversheds announces a five-year plan

Eversheds is about to unveil to its 287 partners a five-year strategy that will include a streamlined management structure and new profit-sharing. Chair Keith James would not reveal the details, but it is understood one option could be the merger of the current seven regional profit-sharing centres into one. There is speculation that if this […]

Ede Charlton brings in Herbert Smith's Bacon

Property specialist Professor Nigel Bacon has left the Hong Kong office of Herbert Smith to join Arthur Andersen’s fledgling Hong Kong firm, Ede Charlton & Co. Bacon has worked in Hong Kong for 15 years, training with Herbert Smith and then returning after a stint with DW Ling & Co to establish the firm’s property […]

Financing

Wilde Sapte acted for Finnish Export Credit on the provision of a $11.5m (£18.6m) floating loan rate facility to Brazilian pulp and paper company Aracruz Cellulose to finance the purchase of a recovery boiler from a Finnish manufacturer.

Stacking the odds against the defence

With the coming into force, on 1 April 1997, of the disclosure provisions of the Criminal Procedure and Investigations Act 1996, the prosecution’s common law duty of disclosure, developed and expounded in a series of recent cases following the landmark decision in R v Ward (1993, 96 CAR), is henceforth abolished for all purposes other […]

Litigation Recent Decisions 29/04/97

Solicitors’ duty to client to whom they lent money Swindle & ors v Harrison & anor (1997) Court: CA (Evans LJ, Hobhouse LJ and Mummery LJ) 25/3/97 Summary: Client’s claim against solicitors for breach of fiduciary duty upheld, but no damages awarded as breach was not cause of client’s loss.

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