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What we say about the firm's legal practice in Portugal
Banking and finance
Within Banking and finance, GARRIGUES is a second tier firm,
The banking and finance practice at GARRIGUES PORTUGAL, S.L. – Sucursal is led by finance expert Diogo Leónidas Rocha. The Portuguese team is supported by its strong Spanish client base, including Criteria Caixa Corp, to whom the team provides regulatory advice and assistance with Portugal investments. Recent highlights include advising Fortis Lease UK, on the $62.5m financing of an aviation company. Clients say the team ‘ provides a very personalised service and has very well trained staff who are always ready to answer our requests’.
Capital markets
Within Capital markets, GARRIGUES is a second tier firm,
GARRIGUES PORTUGAL, S.L. – Sucursal attracts overwhelming praise for its strong capital markets team, led by the highly regarded Diogo Leónidas Rocha. Representative matters of the past year include assisting with the €2bn spin-off of PT Multimédia from Portugal Telecom. The firm’s strong Iberian presence facilitates seamless service to both Portuguese and Spanish clients. Associate Marta Graça Rodrigues is considered by many a rising star who is a ‘ pleasure to work with’.
Corporate and M&A
Within Corporate and M&A, GARRIGUES is a third tier firm,
At GARRIGUES PORTUGAL, S.L. – Sucursal, Mário Lino Dias led a team advising Starman UK Services Company on the restructuring of the Meridien Group in Portugal and the €150m sale of Le Meridien hotels in Algarve. Meanwhile Diogo Leónidas Rocha and Cristina Ribeiro Coelho assisted Sorema – Tapetes e Cortinas de Banho on the sale of a majority share participation to Welspun India. This 20 fee-earner practice is lauded for providing ‘ a very personalised service’ with ‘ very well trained staff aways ready to answer requests’.
Dispute resolution
Within Dispute resolution, GARRIGUES is a third tier firm,
GARRIGUES PORTUGAL, S.L. – Sucursal focuses on significant disputes for high-end clients, including a large Iberian energy company. The team recently acted for a finance client in administrative proceedings valued in excess of €53m, wherein objections were laid to an administrative decision denying transferability of tax losses following a merge option. João Paulo Teixeira de Matos heads this seven fee-earner group, boasting strength in arbitration.
EU and competition
Within EU and competition, GARRIGUES is a second tier firm,
GARRIGUES PORTUGAL, S.L. – Sucursal is developing its strengths in merger control, anti-trust issues, and compliance matters. The team works closely with colleagues in both Spain and Brussels, while also utilizing the anti-trust expertise of its Latin-American office. Recent highlights include assisting PT Multimédia with a notification before the PCA concerning the acquisition of Bragatel, Pluricanal Leiria and Pluricanal Santarém. Other instructions derive from Barclays Bank and Endesa. Clients appreciate the team’s ‘ swift and reliable solutions and proposals’. Practice head João Paulo Teixeira de Matos is noted for his ‘ knowledge, reliability and experience’.
Employment
Within Employment, GARRIGUES is a second tier firm,
GARRIGUES PORTUGAL, S.L. – Sucursal fetches positive feedback from clients who say, ‘ unlike some other firms, they are truly specialists with deep expertise in all areas of the law – they are on a higher level’. The firm offers a strong standalone employment practice that caters to a number of large domestic and foreign companies on matters such as hiring, contractual conditions, and outsourcing. The team recently advised a major telecommunications company on the termination of two outsourcing agreements and the legislation of employees assigned to Angola. Led by João Paulo Teixeira de Matos, the team ‘ provides very personalized service and has very well trained staff always ready to answer requests’.
Intellectual property
Within Intellectual property, GARRIGUES is a first tier firm,
Hailed as having ‘ one of the strongest IP teams’ GARRIGUES PORTUGAL, S.L. – Sucursal continues to thrive, with Gonçalo da Cunha Ferreira at the helm of this 5 fee-earner IP department. With offices found worldwide, the team has subsequently built a client base with a strong international flavour, while also representing a selection of high-profile domestic brands. The team is busy advising on matters spanning portfolio management and dispute resolution, acting for clients from the retail, real estate, tourism, technology and pharmaceuticals sectors.
Legal market
Within Legal market,
Spanish firms Uría Menéndez, GARRIGUES and Cuatrecasas, Gonçalves Pereira continue to solidify their Portuguese presence, each representing a host of high-calibre Portuguese clients. The global re-branding of Cuatrecasas, Gonçalves Pereira is indicative of the firm’s commitment to full integration between its Portuguese and Spanish offices. It would appear that many Spanish firms are keeping one eye firmly set on the Portuguese market, with Gomez-Acebo & Pombo Abogados rumoured to be its newest entrant.
Oporto: Leading commercial firms
Within Oporto: Leading commercial firms, GARRIGUES is a third tier firm,
GARRIGUES PORTUGAL, S.L. – Sucursal has significantly expanded its Oporto presence, having grown from eight to 18 lawyers over the past two years. The Oporto office is best known for providing top-notch tax advice, though it also offers corporate, labour, real estate and litigation services. Key instructions are drawn from the industrial manufacturing, maritime and health sectors, with a number of mid-sized local banks forming part of its client roster. Miguel Reis is the firm’s only resident partner.
Public law
Within Public law, tier 4
GARRIGUES PORTUGAL, S.L. – Sucursal received a major boost to its public law department in September 2008, when it welcomed the arrival of former head of public law at Rui Pena, Arnaut & Associados, Sociedade de Advogados, RL, João Rosado Correia. Several clients have made the decision to remain loyal to Correia, stating ‘ the new firm is much bigger but the service remains as good as it always was’.
Real estate
Within Real estate, GARRIGUES is a second tier firm,
GARRIGUES PORTUGAL, S.L. – Sucursal boasts an outstanding real estate team, led by Miguel Marques dos Santos, who clients say ‘ has the technical skills and business approach that make him one of the best real estate lawyers in Portugal’. The team is assisting Portelas do Guardiana with a €200m tourism development located in the Algarve, requiring the team to assist with property acquisition, planning, licensing and contract matters. Clients say, ‘ it is easy to handle matters with the firm since it has vast experience in serving multinational companies involved in all kinds of assignments’. Pedro Pereira Coutinho, André Marques dos Santos, Pedro Corrêa d’Oliveira and Eduardo Gonçalves Rodrigues are all regarded as leading individuals.
TMT
Within TMT, GARRIGUES is a third tier firm,
GARRIGUES PORTUGAL, S.L. – Sucursal advised Inditex, owners of the Zara brand, on the implementation of global data protection measures in Portugal. The team also advised a pharmaceutical company on data protection compliance issues relating to the collection and processing of data involved in clinical trials. The team is a top choice for telecoms clients.
Tax
Within Tax, GARRIGUES is a first tier firm,
Recognized for its ‘ very strong tax team’, GARRIGUES PORTUGAL, S.L. – Sucursal has recently strengthened its Lisbon office by appointing the well-reputed Paulo Núncio to partnership. Focused mainly on tax litigation, compliance and transfer pricing matters, this practice finds its strength in depth, fielding some 30 lawyers solely dedicated to tax. The team is providing ongoing tax assistance to Santader Group in relation to its reorganization and internal restructuring involving the merging of various financial insitutions operating in Portugal.
What we say worldwide
Please choose another GARRIGUES office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.
Belgium
Offices in Brussels
Spain
Offices in A Coruña, Alicante, Cáceres, Granada, Las Palmas, León, Malaga, Murcia, San Sebastian, Valladolid, Vitoria, Zaragoza, Oviedo, Burgos, Mallorca, Pamplona, Barcelona, Seville, Bilbao, Madrid, Vigo, Valencia, Tenerife, Badajoz, and Almería
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- EU and competition : EU and competition
- Employment : Employment
- Environment : Environment
- Insurance : Insurance
- Intellectual property : Intellectual property
- Project finance : Project finance
- Real estate : Real estate
- Shipping : Shipping
- TMT : TMT
- Tax : Tax
- Legal market : Legal market
Morocco
Offices in Casablanca
- Corporate and M&A : Corporate and M&A
- Projects and public law : Projects and public law
- Tax : Tax
- Tourism and real estate : Tourism and real estate
- Legal market : Legal market
Poland
Offices in Warsaw
Portugal
- Oporto: Leading commercial firms : Oporto: Leading commercial firms
- Banking and finance : Banking and finance
- Capital markets : Capital markets
- Corporate and M&A : Corporate and M&A
- Dispute resolution : Dispute resolution
- EU and competition : EU and competition
- Employment : Employment
- Intellectual property : Intellectual property
- Public law : Public law
- Real estate : Real estate
- TMT : TMT
- Tax : Tax
- Legal market : Legal market
Romania
Offices in Bucharest
Legal Developments in Portugal
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REDUCTION OF THE TERM OF THE GUARANTEE TO BE GRANTED FOR VAT REFUND PURPOSES
Last June 5 was published Decree-Law No. 136-A/2009 that reduced the term of the guarantee that the taxpayers have to grant to the Tax Authorities when requesting VAT refunds, from one year to six months. -
Micro-generation and tax benefits on renewable energies
On February 2, 2008, decree-law no 363/2007 came into force and the production of energy in Portugal entered a new era. The principle behind the new law is to save energy, reduce costs and protect the environment. Indeed, consumers are now allowed to produce electricity themselves through small power plants, ie not exceeding 5.75 kW, and sell the surplus to the public network with a limit of 150 kW. -
Foreign Investment Company – A new business category in China
It is expected 2009 to be the year that the Ministry of Commerce of the People’s Republic of China will offer foreign investors new (and interesting) enterprise structure possibilities in China mainland. -
Newsletter: March 2009 - Advertising - Information - Duties - Commercialisation
INFORMATION DUTIES IN THE COMMERCIALISATION ON INDEXED AND DUAL DEPOSITS, COMPLEX FINANCIAL PRODUCTS -
Portugal: Mergers and Acquisitions 2008/09
2007 demonstrated Portuguese shareholders’ opposition to hostile bids. Two major hostile public takeovers were announced in 2006, which involved four of the most important groups of Portuguese companies (that is, the general public bid announced by Sonae Group for the acquisition of shares issued by Portugal Telecom and the general public bid announced by Banco Comercial Português for the acquisition of shares issued by Banco BPI). Both failed by a large percentage. -
Brussels: Part of the problem or part of the cure
Iberian lawyers in Brussels question the willingness of the European Commissions to be flexible in the face of the continuing financial crisis. -
Energy Certification and the Quality of Air in Buildings
On 1 January 2009, the National Energy Certification and Quality of Air in Buildings System (SCE), as set out in Ministerial Order 4661/2007, of 5 June (the .MO.), came fully into force. This means that nearly all the properties that have already been built or those that will be built in the future in Portugal are or will come under this system. -
Doing Business in Portugal and Poland
Portugal is the western most country of mainland Europe and is bordered by the Atlantic Ocean to the west and south and by Spain to the north and east and also encompasses two autonomous Atlantic regions, notably the Azores and Madeira archipelagos. Portugal has an area of 92,090 km2 and 10,676,910 inhabitants (2008 estimate). It is a founding member of the OECD and NATO and is member of the European Union since 1986. -
New tax forms for interest and royalties.
The new forms for reducing the amount of corporate income (IRC) tax to be withheld (MOD. 01-DJR) and for the partial refund of IRC (MOD. 02-DJR) withheld on the payment of interest and royalties between associate companies from different European Union Member- States under the Interest and Royalties Directive were approved in February. The directive, which had already been transposed into national law, set up a tax regime for interest and royalties payments, guaranteeing equal tax treatment for national and cross-border transactions and eliminating double taxation by abolishing taxes on interest and royalty payments in the Member-State from which they derive, and having these taxed solely in the Member-State of residence of the actual beneficiary. -
COMMUNITY FREEDOMS, DISCRIMINATION AND INCOME TAXATION IN PORTUGAL
The EC Treaty enshrines several economic freedoms: free movement of workers, capital and services and freedom of establishment safeguarded by a prohibition on discrimination which, over the years, has shown huge potential for calling into question various Member-State tax provisions in the field of direct taxation.