By Pedro Simões Coelho, Ricardo Seabra Moura and Carlos Filipe Couto How is fund management regulated in your jurisdiction? Which authorities have primary responsibility for regulating funds, fund managers and those marketing funds?
By Edward J. Dougherty Following a recent reform in 2015, the Portuguese pricing and reimbursement system is sophisticated and comprehensive. Nevertheless, substantial discretion is allowed to the competent national authority, and this is the source of most challenges for innovators…
The Regulation on Bids and Public Procurement (RBPP), approved by Law 8/2009 of 26 August 2009, is considered the key legislation regulating the award of public contracts in São Tomé and Príncipe. Also relevant is Decree-Law 20/2015 of 11 December 2015, which establishes the Regulation on the activities of Public and Private Contractors (the Regulation)…
The law on the procedures for the award of public works contracts, supply of goods contracts and provision of services contracts (the Regulation on the Award of Public Contracts (RPC)), approved by Decree 5/2016 of 8 March, is considered the key legislation regulating the award of public contracts. It sets out the rules for the […]
By Raul Mota Cerveira and Ana Marta Castro There are two relevant pieces of legislation regarding the award of public contracts: the Public Procurement Code (PPC), approved by Law No. 88/VIII/2015 of 14 April 2015, and the Legal Regime of Administrative Contracts, approved by Decree-Law No. 50/2015 of 23 September 2015 (LRAC). The PPC establishes […]
The Technology and Construction Court (TCC) has delivered a significant judgment in Michael J Lonsdale (Electrical) Ltd v Bresco Electrical Services Ltd (in Liquidation)  EWHC 2043 (TCC) where the company seeking to refer a dispute to adjudication was in liquidation. The substance of the dispute related to the contractor’s claim for payment allegedly due for […]
By Maria Connolly At the end of July, the Draft Registration of Overseas Entities Bill was published. The intention is that, from 2021, overseas entities wanting to deal in certain UK property will have to register in the overseas entities register (OER). Why will overseas entities have to register?
By Adrian Mansbridge As outlined in our previous articles covering what lies ahead for high rise regulation and the proposed ban on flammable cladding the legislative programme to implement the recommendations of the Hackitt review and to address broader concerns is already underway. However, as anticipated, political concerns have already led to these proposals being “beefed up”…
By Alex Towers With cybertheft and data breaches becoming an increasingly common occurrence, the need to rapidly and accurately identify fraud has driven the development of behavioural biometrics as a means to target automated attacks and suspicious transactions. However, for the technology to function, companies must amass libraries of biometric personal data to construct profiles…
By Rebecca MacCann What happens if you assign your right to litigate to a person or company that is unconnected to the event that creates the right to litigate? In the recent Supreme Court case of SPV Osus Ltd v HSBC Institutional Trust Services (Ireland) Limited & Ors  IESC 44, the Supreme Court held […]
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National Grid’s UK general counsel Rachael Davidson has swapped her role for another within the company, taking on a new position in the group’s non-core business unit. Davidson has become general counsel for National Grid Ventures, which operates in competitive markets outside of National Grid’s core regulated activities in the UK and US. Her role […]
Allen & Overy (A&O) has secured a money-saving rent deal for its Belfast outpost, following the sale of the office for over £15m earlier this week. From March 2021, A&O will pay £19.50 per sq ft for the Grade A office development in the ObelComplex along Belfast’s waterfront, spanning seven floors. The rate is 13 per […]
Clifford Chance corporate finance partner Alex Erasmus is to join a blockchain software company later this year as its new chief legal officer. London-based Erasmus will join the executive committee of Block.one in Hong Kong. Block.one is the software publisher behind open-source blockchain protocol EOSIO, which was launched in June 2018 and provides secure and […]
The Serious Fraud Office (SFO) has withdrawn the arrest warrant it had issued against the chief executive of the Eurasian Resources Group, in the latest development to the agency’s long-running investigation into its subsidiary company ENRC. Last month, the SFO announced that ERG’s CEO Benedikt Sobotka was wanted for alleged refusal to comply to an […]
Another magic circle partner is to join Latham & Watkins in London, as it sets its sights on winning work in the infrastructure M&A market. Allen & Overy partner Conrad Andersen, who was promoted in 2008, is to join Clifford Chance partner Brendan Moylan at the US firm. The latter’s move was revealed yesterday. While […]