Project Finance 2019: Angola
By Manuel Protásio, Vanusa Gomes What are the main trends/significant developments in the project finance market in your jurisdiction? Angola is facing several political changes since the new government was elected in September 2017. The new government has made positive progress in strategic areas to promote transparency, good governance and to open the country to […]
Project Finance 2019: Mozambique
By Teresa Empis Falcão, Guilherme Daniel What are the main trends/significant developments in the project finance market in your jurisdiction? Mozambique expects to see the announcement of the final investment decision (FID) for one of the biggest gas projects in the Rovuma basin in the second quarter of 2019. The LNG project developed by the […]
Project Finance 2019: Portugal
By Teresa Empis Falcão, Ana Luís de Sousa What are the main trends/significant developments in the project finance market in your jurisdiction? The Portuguese market continues to show signs of increasing confidence from investors as a significant number of greenfield projects are being discussed and planned for the near future, both in the infrastructure and […]
Public Procurement and Government Contracts 2019 – Portugal Chapter
By Paulo Pinheiro, Catarina Pinto Correia Paulo Pinheiro and Catarina Pinto Correia, partners, write the Portuguese Chapter for the international guide Public Procurement and Government Contracts 2019, published by Chambers & Partners. In this guide, that analyzes 30 jurisdictions from all over the world, the lawyers explain and develop the Portuguese legislation in matters of Public […]
Angola: Amendments To The Personal Income Tax Code and Approval Of The New Minimum Profit Table
By Samuel Fernandes de Almeida, Joana Pacheco The Angolan Personal Income Tax Code was recently amended by Law 9/19, of 24 April 2019. We would highlight the following main alterations: • Profit distributions to members of civil law companies or civil law companies having a commercial form are now taxed; • End-of-career bonuses payable to […]
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Eversheds Sutherland and Clifford Chance in action over 1MDB litigation
A High Court judge has granted a stay to proceedings to allow for further arbitration in a case between 1Malaysia Development Berhad (1MDB) and Abu Dhabi’s International Petroleum Investment Company. Malaysia’s minister of finance and state investment firm 1MDB claim that a $5.78bn settlement with Abu Dhabi’s International Petroleum Investment Co (IPIC) and Aabar Investments in […]
Clifford Chance called in as British Steel enters insolvency
British Steel is the latest UK business to be placed into compulsory liquidation, with a number of law firms pitching into advise on matters related to the insolvency. It was revealed today that EY will act as special mangers on the liquidation, bringing in Clifford Chance partner Philip Hertz and Iain White for advice. The […]
Skadden wins mandate for Pret on its EAT purchase
Skadden Arps Slate Meagher & Flom is one of three firms advising on Pret a Manger’s purchase of rival food chain EAT. The Skadden team was led by London corporate partners Richard Youle, Katja Butler and Linda Davies, who represented Pret and its owner JAB Holding. Freshfields Bruckhaus Deringer partner Alex Potter, advised on antitrust […]
The Lawyer GC Strategy Summit: how Norton Rose Fulbright transformed its tech unit
Over the past two years, a number of firms pledged to invest in new technology as part of a transformation journey around how legal services are delivered. At The Lawyer’s GC Strategy Summit in Alicante, Spain, two Norton Rose Fulbright delegates opened up on how change has been embedded into the texture of the firm, […]
The Lawyer Awards: Slaughters, Ashurst and Pinsents among the energy and infrastructure finalists
There are eight firms in the running for this year’s Energy and Infrastructure prize at The Lawyer Awards, in association with Travelers. Here are the deals that merited them a place on the shortlist. Norton Rose Fulbright saw through the financing of innogy SE’s £2bn 860MW Triton Knoll Wind Farm. As one of the world’s […]
Court sides with McDermott in Taylor Wessing privilege spat
An Essex Court silk has ordered Taylor Wessing to review a slew of documents relating to a family’s personal data in the latest development in a six-year long lawsuit. The firm will now be required to review a host of paper documents linked to a dispute over several trusts in the Bahamas, as well as […]