Firm Profile > CMS > Lisbon, Portugal

1050-218 LISBON

Energy and natural resources Tier 1

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.

Capital markets Tier 2

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.

Commercial, corporate and M&A Tier 2

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.

Dispute resolution Tier 2

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.

Employment Tier 2

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.

Intellectual property Tier 2

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.

Public law Tier 2

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.

Banking and finance Tier 3

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.

EU and competition Tier 3

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.

Insolvency and restructuring Tier 3

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-connectedJoaquim 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.

Tax Tier 3

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.

Real estate and construction Tier 4

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.

Department Name Email Telephone
Banking and finance António Payan Martins
Capital markets Francisco Xavier de Almeida
Capital markets João Caldeira
Competition and EU Luís Miguel Romão
Commercial, corporate and M&A João Caldeira
Commercial, corporate and M&A Francisco Xavier de Almeida
Dispute resolution (including arbitration) Joaquim Shearman de Macedo
Dispute resolution (including arbitration) Nuno Pena
Employment and pensions Susana Afonso
Energy and natural resources Rui Pena
Energy and natural resources Mónica Carneiro Pacheco
Insolvency and restructuring Nuno Pena
Insolvency and restructuring Joaquim Shearman de Macedo
Insurance Joaquim Shearman de Macedo
Intellectual property and life sciences José Luís Arnaut
Private equity João Caldeira
Private equity Francisco Xavier de Almeida
Public law Rui Pena
Public law Gonçalo Guerra Tavares
Real estate and construction Luís Abreu Coutinho
Tax Patrick Dewerbe
TMC – technology, media and communications José Luís Arnaut
Photo Name Position Profile
Mr Luís Abreu Coutinho  photo Mr Luís Abreu Coutinho
Mrs Susana Afonso  photo Mrs Susana Afonso
Mr José Luís Arnaut  photo Mr José Luís Arnaut
Mr João Caldeira  photo Mr João Caldeira
Ms Mónica Carneiro Pacheco  photo Ms Mónica Carneiro Pacheco
Mr Patrick Dewerbe  photo Mr Patrick Dewerbe
Mr Gonçalo Guerra Tavares  photo Mr Gonçalo Guerra Tavares
Mr António Payan Martins  photo Mr António Payan Martins
Mr Nuno Pena  photo Mr Nuno Pena
Mr Francisco Xavier de Almeida  photo Mr Francisco Xavier de Almeida
Number of lawyers : 93
at this office : 91
Other offices : Funchal
Other offices : Luanda