Louboutin’s victory in registering the red colour of the soles of its shoes: will the latest decision of the Beijing courts signify a change by China in the approach to trademark protection? Click below to read more.
The Advertising Code now regulates the advertising of foodstuffs and beverages containing high energy values, or high levels of salt, sugar, saturated fatty acids or trans-fatty acids, particularly when it targets the under-16s. Law no. 30/2019 of 23 April made the 14th amendment to the Advertising Code (which was approved by Decree-Law 330/90 of 23 October) and it will come into force 60 days after its publication. This Law has added articles 20-A and 20-B to the Advertising Code and […]
Regulation no. 276/2019 of 26 March was approved by the Institute for Public Markets, Real Estate and Construction (IMPIC) and will enter into force on 26 June. The Regulation defines the procedures, instruments, mechanisms and formalities to comply with the specific duties provided for under Law no. 83/2017 of 18 August, by entities engaged in real estate activities subject to the supervision of IMPIC. The duties to be performed by entities engaged in real estate activities (duty to control, duty […]
By Hugo Rosa Ferreira, André Figueiredo I. Main Portuguese legislation news Decree-Law no. 42/2019 of 28 March – Establishes the simplified rules on bulk assignment of credits The main objective here is to improve the procedures involved in the bulk assignment of credits, in particular, by presenting a simple and rapid response to some of the main uncertainties that arise in these operations. These uncertainties have an impact not only on the overall price of credits, but also, when applicable, […]
In March of this year, the Chinese National People’s Congress approved a new law to regulate foreign investment and it will enter into force on 1 January 2020. This new law will replace the current foreign investment legislation, which dates back to 1979 and is based on three legal texts: the Sino-Foreign Cooperative Joint Venture (“CJV”), the Sino-Foreign Equity Joint Venture (“EJV”), and the Wholly Foreign Owned Enterprise (“WFOE”) laws. In recent years, these three laws have been widely criticised […]
By Daniel Reis The Advertising Code now regulates the advertising of foodstuffs and beverages containin high energy values, or high levels of salt, sugar, saturated fatty acids or trans-fatty acids, particularly when it targets the under-16s. Law no. 30/2019 of 23 April made the 14th amendment to the Advertising Code (which was approved by Decree-Law 330/90 of 23 October) and it will come into force 60 days after its publication. This Law has added articles 20-A and 20-B to the […]
Ministerial Order no. 112-A/2019 of 12 April was published recently and has been in force since the day after its publication. The Order establishes incentives to recruit young people looking for their first job and the long or very long-term unemployed. The Order also seeks to stimulate the professional integration of people who have greater difficulty in joining the labour market and it contributes to promoting active ageing and youth employment. For the application of incentives: 1. Young people looking […]
The draft for the Presidential Decree that will regulate the legal framework on local content for the oil sector (the “Draft”) is under public consultation. The current legal regime is regulated by Order 127/03 of 25 November 2003. The Draft introduces new concepts and substantial changes in the oil & gas contracting paradigm and how E&Ps interact with their suppliers and service providers.
By Marta Costa, Sara Estima Martins Law no. 27-A/2019 was approved on 28 March 2019 and establishes the contingency measures to be applied in the event of the United Kingdom’s departure from the European Union (EU) without an agreement. The main objective of this law is to offer a set of guarantees to British citizens who are resident in Portugal on the date the UK leaves the EU. In some cases, these guarantees extend to their family members. However, it […]
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 arbitration2, 97% of respondents revealed they prefer international arbitration as a means of resolving cross-border disputes and 99% would recommend arbitration to resolve disputes in […]
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 sector. As a result, to ensure a smoother transition, some EU countries1 have adopted transitional measures. These measures establish a post-Brexit period in which entities […]
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. It also included measures to make it easier to vote by correspondence and by proxy agent, and it eliminated the obligation of blocking of shares […]