The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

CMS

RUA SOUSA MARTINS, 10, 1050-218 LISBON, PORTUGAL
Tel:
Work +351 21 095 81 00
Fax:
Fax +351 210 958 155
Email:
Web:
www.cms.law
Aberdeen, Algiers, Amsterdam, Antwerp, Barcelona, Beijing and 71 more

Portugal

Banking and finance
Banking and finance - ranked: tier 3

CMS

CMS attracted a wide range of work, including debt restructuring, NPL portfolio transactions, real estate finance, securitisation and regulatory issues. Clients include JP Morgan, Deutsche Bank and Goldman Sachs. Practice head António Payan Martins is a regulatory and antitrust specialist. Francisco Xavier de Almeida covers corporate finance, credit securitisation and structured products.

[back to top]

Capital markets
Capital markets - ranked: tier 2

CMS

CMS covers a wide range of capital markets work, with a particular focus on debt. In a recent highlight the team advised Principal on the financial implications of the sale of its stake in Unidas, given that the shares were pledged in favour of a bank syndicate. The team regularly acts as local counsel in cross-border matters. Francisco Xavier de Almeida leads the team.

[back to top]

Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 2

CMS

Very responsive and deal-oriented’, CMS provides 'excellent advice throughout all stages of the transaction’. It was active in the real estate, energy and environmental sectors, and assisted Vinci with the acquisition of a 51% stake in duty free shop operator LFP – Lojas Francas de Portugal. ‘Dedicated’ practice co-head Francisco Xavier de Almeida is ‘a good negotiator’ and ‘very experienced dealmaker’. Practice co-head João Caldeira is the other name to note.

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 2

CMS

In a major coup, CMS added Miguel Esperança Pina and Rita Gouveia from Cuatrecasas to the team. The outfit maintains a varied litigation and arbitration practice, and in one highlight represented Armscor in a claim for fees brought by a British and Panamanian company relating to the setting up of a channel to acquire, assemble and transport helicopters to South Africa. Highly regarded Joaquim Shearman de Macedo led on the matter jointly with the recommended Nuno Pena.

Leading individuals

Joaquim Shearman de Macedo - CMS

[back to top]

EU and competition
EU and competition - ranked: tier 3

CMS

Luís Miguel Romão heads the practice at CMS, which represented Espirito Santo Financial, the bankrupt assets of the Espirito Santo Group, in a case against the ECB and before the EU General Court, which ruled in favour of the client, allowing access to documentation held by the central bank and relating to its decision to not fund BES.

[back to top]

Employment
Employment - ranked: tier 2

CMS

CMS has a focus on matters with contentious or restructuring aspects and is experienced in handling union negotiations and corporate work. It assisted Seguradoras Unidas in a restructuring process involving individual dismissals, and Altice Portugal in a series of transfer of undertakings as part of a functional reorganisation. ‘ExcellentSusana Afonso Costa leads the team jointly with Sofia Mateus. Senior associate João Gomes heads the Funchal office.

Leading individuals
Next generation lawyers

João Gomes - CMS

[back to top]

Energy and natural resources
Energy and natural resources - ranked: tier 1

CMS

CMS’ practice focuses on the regulatory, administrative, transactional, and disputes side of electricity, gas and renewables. Key clients include EDP and Acciona. Practice head Mónica Carneiro Pacheco is particularly singled out.

Leading individuals

[back to top]

Insolvency and restructuring
Insolvency and restructuring - ranked: tier 3

CMS

CMSNuno Pena is assisting Caixa Económica Montepio Geral as majority creditor in the recovery of Espírito Santo Hotéis, which is owned by Rio Forte. The ‘well-connected’ Joaquim Shearman de Macedo is a ‘solid lawyer with good commercial judgement and creative thinking’. He is representing Chamartín Group in negotiations with banks as part of its recovery and insolvency restructuring. Miguel Esperança Pina and Rita Gouveia joined from Cuatrecasas in November 2018.

[back to top]

Intellectual property
Intellectual property - ranked: tier 2

CMS

Especially active in trade mark enforcement, CMS acts for a solid roster of clients that includes The Navigator Company, Altice, EDP, Galp, Amorim, Super Bock, and LVMH. IP stalwart and public figure José Luís Arnaut leads the team.

Leading individuals

[back to top]

Public law
Public law - ranked: tier 2

CMS

CMS' team is ‘always available and solution driven’; it applies its energy-sector expertise when advising clients such as REN and EDP on public law matters. It assists other clients with procurement procedures and disputes. Practice head Gonçalo Guerra Tavares is the name to note.

[back to top]

Real estate and construction
Real estate and construction - ranked: tier 4

CMS

Flexible and attentive to client needs’, CMS handled transactional and development work related to hospitality and retail. It assisted Imohine with the rehabilitation of a 5-star luxury hotel in central Lisbon. Luís Abreu Coutinho leads the team.

[back to top]

Tax
Tax - ranked: tier 3

CMS

CMS' team ‘works well together’ and advises clients on all tax aspects, including contentious matters; most recently it successfully represented Generis in a dispute before the arbitral court concerning transfer pricing rules following corporate income tax assessments issued by the tax authorities. Practice head Patrick Dewerbe is highly recommended, and senior associate Raquel Montes Fernandes is another name to note.

[back to top]


Further information on CMS

Please choose from this list to view details of what we say about CMS in other jurisdictions.

United Arab Emirates

Offices in Dubai

Albania

Offices in Tirana

Angola

Austria

Offices in Vienna

Belgium

Offices in Brussels, Antwerp, Brussels, Brussels, and Brussels

Bosnia and Herzegovina

Offices in Sarajevo

Bulgaria

Offices in Sofia and Sofia

China

Offices in Beijing, Beijing, and Shanghai

Croatia

Offices in Zagreb

Czech Republic

Offices in Prague

Germany

Offices in Hamburg, Frankfurt, Stuttgart, Berlin, Leipzig, Dusseldorf, Cologne, Munich, and Munich

Algeria

Offices in Algiers

Spain

Offices in Madrid, Malaga, Seville, Madrid, and Barcelona

France

Offices in Paris, Strasbourg, and Lyon

Hong Kong

Offices in Hong Kong and Hong Kong

Hungary

Offices in Budapest

Latin America: International firms

Italy

Offices in Rome and Milan

Lebanon

Offices in Beirut

London

Offices in London EC4N and London EC3A

Luxembourg

Offices in Luxembourg

Macedonia

Offices in Skopje

Morocco

Offices in Casablanca

Montenegro

Offices in Podgorica

Netherlands

Offices in Utrecht and Amsterdam

North West

Offices in Manchester

Oman

Offices in Muscat

Poland

Offices in Warsaw and Poznan

Portugal

Offices in Lisbon

Romania

Offices in Bucharest

Russia

Offices in Moscow

Scotland

Offices in Edinburgh, Glasgow, and Aberdeen

South East

Offices in Reading

Singapore

Offices in Singapore, Singapore, and Singapore

Slovakia

Offices in Bratislava

Slovenia

Offices in Ljubljana

South West

Offices in Bristol

Switzerland

Offices in Zurich, Geneva, and Geneva

Turkey

Offices in Istanbul and Elmadağ/Şişli

Ukraine

Offices in Kiev and Kiev

Yorkshire and the Humber

Offices in Sheffield S2 and Sheffield S2

Serbia

Offices in Belgrade

Legal Developments by:
CMS

  • Access to justice: protective costs orders in planning challenges

    Third parties and competing developers have no rights of appeal to the Secretary of State against planning decisions. Disappointed applicants can appeal to the Secretary of State and can have the merits of the application reconsidered. The only remedy available to a disappointed third party is a challenge by way of judicial review in the High Court on a point of law. The sense of frustration and disempowerment this creates has not been helped by the increasing complexity of the planning process and the use of consultation to legitimise decisions that many perceive may already have been taken.
    - CMS Group

Legal Developments in Portugal

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • MOZAMBIQUE | VAT CODE AMENDED

    Law no. 13/2016, of 30 December 2016, which amended and republished the Mozambican VAT Code, was recently rectified by a Notice, dated June 8th.
  • ARTICLE 29 WORKING PARTY GUIDELINES ON THE EU GENERAL DATA PROTECTION REGULATION

    In order to clarify some of the new obligations stemming from the EU General Data Protection Regulation (“GDPR”), which will apply as of 25th May 2018, the Article 29 Working Party (“WP29”) – the independent European consulting body for data protection issues – recently issued its “Guidance on Data Protection Impact Assessment (“DPIA”)”. This document will be available for public consultation until 23rd May, 2017.
  • CNPD APPROVES 10 MEASURES TO PREPARE FOR THE GENERAL DATA PROTECTION REGULATION

    On 28th January, 2017, the Portuguese Data Protection Authority (Comissão Nacional de Proteção de Dados/CNPD) published a document establishing 10 measures for entities to prepare for the application of the General Data Protection Regulation (“GDPR”).
  • ANGOLA | NEW REGULATION ON THE LICENSING OF ESTABLISHMENTS AND OF COMMERCIAL ACTIVITY

    Presidential Decree no. 193/17, which approves the Regulation on the Licensing of Establishments and of Commercial Activity and Market Services (“Regulation”), was published on 22 August. The Regulation, which will enter into force on 21 October (60 days after its publication), establishes the conditions and procedures governing the licensing of commercial activities and market services, as well as the licensing of the respective establishments, revoking Presidential Decree no. 288/10, of 30 November (Regulation on the Licensing of Commercial Activity and the Provision of Market Services), as well as all prior regulations on the matter contrary to the provisions of the new Regulation.
  • MOZAMBIQUE | PETROLEUM PRODUCTS SUPPLY

    Ministerial Statute 50/2017, of 11 July 2017, sets forth the measures approved by the Ministry of Mineral Resources and Energy to streamline petroleum products’ import into and supply to the country and ensure fuel supply safety, regularity and quality. The newly approved measures obviously have a direct impact on distributors, but also affect suppliers, IMOPETRO, commercial banks operating in-country and the Banco de Moçambique (“BdM”).
  • Mozambique VAT Code Amended

    Law no. 13/2016, of 30 December 2016, which amended and republished the Mozambican VAT Code, was recently rectified by a Notice, dated June 8th.
  • COMPANIES CODE AMENDED

    Decree-Law 79/2017, of 30 June 2017, was published last Friday and amends both the Insolvency and Corporate Recovery Code and the Companies Code, in order to implement the goals of the “Programa Capitalizar” approved by Council of Ministers Resolution 42/2016, of 18 August 2016
  • ANGOLA | SIGNIFICANT AMENDMENTS TO REGULATIONS ON THE PERFORMANCE OF A PROFESSIONAL

    Please be aware that a new Presidential Decree has been published on 24th of April (Presidential Decree 79/17 of 24 April) which, among others, introduces the following significant amendments to former Presidential decree 43/17 of 6 March (regulations on the performance of a professional activity by nonresident foreign employees ):
  • PROHIBITION ON ISSUE OF BEARER SHARES

    Bearer securities have been prohibited under Law 15/2017, of May 3, 2017, published today. The Companies Code and the Securities Code have been amended in order to implement this measure.
  • ANGOLA | NEW REGULATIONS ON THE PERFORMANCE OF A PROFESSIONAL ACTIVITY BY NON-RESIDENT

    Presidential Decree 43/17, of 6 March 2017 (“DP 43/17”) just enacted new regulations on the performance of a professional activity by non-resident foreign workers, repealing former Decrees 5/95, of 7 April 1995 and 6/01, of 19 January 2001.