NPLs in Spain, Portugal and Latin America: more selective deals and increasing activity in secondary markets and debt servicing industry
In the first three quarters of 2023, we saw investors adopting a more selective and specialized approach in their NPL investments, increasing their appetite for unlikely-to-pay (UTP) and reperforming loans (RPLs).
The Global IP Awards name Garrigues Firm of the Year in Portugal
The specialized publications Intellectual Asset Management (IAM) and World Trademark Review (WTR) have recognized the Garrigues IP team in Portugal for the second time.
Portugal: Temporary solidarity contributions on the energy and food distribution sectors
The forms for reporting the temporary solidarity contributions (CST) on the energy sector (Model 59) and the food distribution sector (Model 60) and the respective filling instructions, were approved by Ministerial Order no. 281/2023, of 13 September.
João Lima Cluny joins Garrigues to head the criminal law practice in Portugal
With more than 15 years’ experience, João Lima Cluny is a respected lawyer in the field of economic criminal law where he has participated in some of Portugal’s most significant criminal proceedings in recent years.
Portugal: Decent Work Agenda New Regulation
The Decent Work Agenda consists of a reform of labour relations that includes measures to improve working conditions and, simultaneously, facilitate the conciliation of employees' professional and family life.
Garrigues receives the award as the best Intellectual Property firm in Portugal in the area of litigation
The Intellectual Property Department of Garrigues Portugal has won the "Portugal Disputes Firm of the Year" award presented yesterday in London by Managing Intellectual Property, one of the world's most prestigious publications in the field of intellectual property.
2023 does not want to be a fiscal outlier for Portugal
The competitiveness of the tax system, its simplification, the ongoing study of policy solutions, the stability of legal rulings and their interpretation in line with the objective underlying their creation, in particular in the case of tax incentives, has not been a priority and, unfortunately, 2023 has not brought (and will not bring) anything new to this area.
Portugal: Amendments to the Sustainable Employment Commitment measure
Ordinance no. 109/2023, of April 19 was published in the Official Gazette, introducing amendments to the Sustainable Employment Commitment measure (“Compromisso Emprego Sustentável”).
Portugal: Approved the withholding tax rates applicable in the second semester of 2023
The withholding tax rates applicable to employment income (category A) and pensions (category H), obtained by the resident taxpayers in mainland Portugal, during the second semester of 2023, were approved by Order no. 4930/2023, of 26 April.
Portugal: Amendments to withholding tax rates applicable in 2023
Had been amended the withholding tables applicable to employment income (category A) and pensions (category H), received by residents in mainland Portugal, by Order no. 4732-A/2023, of 19 April.