With experience in advisory and contentious matters spanning domestic, EU and broader international frameworks, the tax team at Sérvulo & Associados is regularly involved in the tax structuring of M&A transactions, financings and corporate reorganisations, as well as in judicial and administrative proceedings. The practice is jointly led by Ana Moutinho Nascimento, whose work centres on tax litigation and inspections, and Teresa Pala Schwalbach, who focuses on transactional tax and wealth management matters. Patrícia Guerra Carvalhal is also active in tax litigation.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The practice differentiates itself through its collaborative culture, seamless internal communication and ability to integrate innovative approaches, including tailored billing arrangements and efficient use of technology.'
- 'The firm’s business approach is highly client-oriented, with strong commitment to results-driven professional services, flexibility in forming effective working groups, senior involvement from the outset and innovative billing arrangements, including risk-sharing structures.'
- 'The team is easy to work with, responsive and focused on delivering value-added, solution-driven advice with strong technical knowledge and clear communication.'
- 'Teresa Pala Schwalbach is highly professional, exceptionally knowledgeable in tax law and consistently responsive, providing practical, solution-oriented advice tailored to clients’ needs.'
- 'Teresa Pala Schwalbach combines technical excellence with strong interpersonal skills, local and international experience and a collaborative approach that inspires confidence.'
- 'Joana Leão Anjos is commended for her willingness to listen, provide clear opinions and recommend the most appropriate team members.'
Key clients
- Teixeira Duarte
- Banco de Portugal
- BES - BANCO ESPÍRITO SANTO, S.A. (Em Liquidação)
- INAPA - Investimentos, Participações e Gestão, S.A. and its Insolvency Estate
Work highlights
Advised Teixeira Duarte on €700m debt restructuring involving the identification of the tax impact of the restructuring, the assessment of alternative restructuring structures from a tax perspective, and support in negotiations with the bank syndicate.
Advised Bank of Portugal on the legal and tax aspects of its relocation to a new headquarters in Lisbon.
Advised INAPA - Investimentos, Participações e Gestão, S.A. and its Insolvency Estate on its restructuring, including the sale of its subsidiaries through share and asset deals.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Teresa Pala Schwalbach; Ana Moutinho Nascimento
Other key lawyers
Joana Leão Anjos; Patrícia Guerra Carvalhal; Lénia Carolina Sousa