Portugal

IFLR1000 Reviews

Financial and corporate
Abreu Advogados

Abreu Advogados is an international law firm from Portugal with a focus on business law. The firm was established in 1993 and has grown from a staff of six to more than 300 in the last 27 years.

 

Focusses / specialisms

The firm has a particular strength in banking, M&A and projects development and finance work.

 

Key clients

Key clients include LNG exploration concessions, BIG, Dif Brokers, Credit Suisse, Caixa Geral de Depósitos, Banco de Investimento Global, Afifi Group, PRIO Group, Banco Português de Fomento, impactMarket, Efacec Group, Iberdrola Group, Chint Solar, Total, Grupo Marques and Grupo PH Energia.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, Corporate and M&A, both debt and equity capital markets, project development, restructuring and insolvency.

In banking the firm worked on a variety of loan and financing transactions for both lenders and borrowers connected with banking, energy, financial services, real estate and technology and communication sectors.

In M&A the firm worked for buyers and sellers linked with financial services, consumer goods and services and technology on acquisitional transactions.

In private equity the firm worked on private equity M&A work for clients linked to financial services, aviation, automotive, technology and communications and consumer services.

In project development the firm worked on concession, licensing, negotiation, exploration contracts and concession deals for clients connected with energy, transportation, power and renewables.

In restructuring and insolvency, the firm worked on insolvency proceedings and corporate restructurings for clients connected with aviation, real estate, financial services and tourism.

During the research period of counsel Teresa Anselmo Vaz joined the firm from Sérvulo.

 

Deal highlights: 32nd edition (2021/2022)

Area 1 LNG €40 billion financing and project development

impactMarket €1.1 million IDO

 

Client Feedback: 32nd edition (2021/2022)

 

Banking and finance                                                                                     

"Besides technical expertise in the area they have a commercial knowledge of our main business needs and are able to provide commercially aligned advice."

"Good analytical and communication skills. Creativity in their problem solving."

"In banking, financing and M&A Abreu provides clear advice, always has a problem-solving attitude, aims to accommodate our requests."

"In banking, financing and M&A Abreu provides clear advice, always having a problem-solving attitude, aiming to accommodate our requests."

"Know-how, proactivity and support."

"Structured and detailed advice. Proactive."

 

Capital markets: Equity                                

"Their overall level of service is excellent as their team shows: deep knowledge and understanding of the legal framework; high technical competence; professionalism; vision and integrated analysis of themes, covering the various specialties of law; the team is always available and able to present their opinion and work within exigent time schedules."

"Also to be stressed is the great individual and collective performance, assertiveness in relationships with partners and high responsiveness with exemplary timing."

 

Financial restructuring                                                                                             

"Fast answers; knowledge and help in finding solutions when in the negotiations with the other parties."

Focus, commitment and finding solutions."

 

Financial services regulatory                                                                                               

"They are very responsive and always trying to accommodate our clients' needs."

 

Investment funds: Private equity funds                                                      

"They have a lot of experience in investment contracts, which helps us to a better negotiation."

 

M&A                                                                                       

"100% availability and concerned about how to better protect the client."

"Abreu's team is a real partner. The team is impressively available and ready to work around the clock; with an in-depth knowledge of M&A; imaginative and resourceful in negotiations and restructuring solutions; profound expertise on associated M&A and civil law matters.

"Abreu adjusts the team providing the assistance on a client-need basis, which greatly assists in value for money and in obtaining specialised multidisciplinary senior advice."

"Continuous availability and support."

"Critical thinking, strong technical skills, pragmatic and business driven solutions."

"Good responsiveness. Solid experience and track record."

"In the area of sustainability and real estate they provide us with strong support. "

"Their overall level of service is excellent as their team shows: deep knowledge and understanding of the legal framework; high technical competence; professionalism; vision and integrated analysis of themes, covering the various specialties of law; the team is always available and able to present their opinion and work within exigent time schedules."

“Also to be stressed is the great individual and collective performance, assertiveness in relationships with partners and high responsiveness."

"They actually listen to the client and are very careful and exhaustive in the opinions issued."

"Very collaborative, responsive team. "

"Very experienced, available and professional lawyers."

"Reliability on technical knowledge; flexibility to find the correct solution; positive and constructive interaction with the other party."

 

PPP/PFI                                                                                              

"Very proactive. Outstanding advice within litigation strategy."

 

Project development: Energy                                               

"Abreu is very knowledgeable and experienced in M&A, with partner Manuel Santos Vítor’s expertise and experience in M&A and energy matters being very valuable as he has both a broad and detailed view of the M&A and energy sector. Partner Manuel Andrade Neves’ expertise and in-depth knowledge in public law zoning and planning matters as it applies to the renewables industry is also very valuable. The team works together as a multidisciplinary team to achieve the best integrated approach and result according to client aims. These two partners are very serious about client care and keen on creating and implementing practical approaches to allow a deal and project development to go forward while being attentive to risk mitigation. Their involvement in our matters always brings good solutions to the table and, mostly, unblocks negotiations and actions."

"Proactivity, flexibility and a deep knowledge regarding the related issues."

"Speed of response. Detail of response. Approach to find a positive commercially driven result not 'clock up hours'."

"They are available around the clock and tailor their assistance to efficiently meet our goals and aims. The different teams with special expertise work as one and that is shown in the end result as well as in the (efficient) billing. Advice is thus multidisciplinary from the start and covers the necessary fields and relevant matters."

"Partners are reactive, quite hands-on and generally available."

"They are a true partner in our endeavours in Portugal."

 

Project development: Infrastructure                                    

"They provide assistance from a senior lawyer in a very consistent way. He knows our firm very well."

"Very good legal advice and support."

 

Nuno Barnabé

"Trustworthy and reliable on tax and structuring advice."

"Structured and detailed advice. Proactive."

"The same as attributed to Abreu - structured and detailed advice, proactive."

 

José Maria Correa de Sampaio        

"Very committed to the processes and in providing timely feedback. High M&A experience."

"Capability to understand us and to look for solutions in front of challenges in the negotiations with the other parties."

"Finding solutions when facing any issues in the negotiations."

 

Ana Sofia Batista      

"Ana Sofia has been assisting us with a number of assignments for many years. She is always very helpful and clear in her advice."

"Ana is very responsive and good at client management. It was a pleasure to work with her. She delivers under short notice."

 

César Bessa Monteiro Jr      

"Proactive and business driven lawyer. Excellent in listening to your questions and providing suitable, pragmatic and executable legal advice. A strategist and goal-oriented with great communication skills."

 

Tiago Castro  

"He is a real estate expert and very reliable."

 

Paulo de Tarso Domingues  

"We would like to stress his exceptional competencies as a lawyer, as a leader and as a dedicated partner in every issue he deals with. Always available and forward thinking, Paulo has a clear understanding of the legal framework in which we do business, consistently applying his expertise for the optimal resolution of our requests."

"We would like to stress his exceptional competencies as a lawyer, as a leader and as a dedicated partner in every issue he deals with. Always available and forward thinking, Paulo has a clear understanding of the legal framework in which we do business, consistently applying his expertise for the optimal resolution of our requests."

 

Mario Joao Fernandes          

"Outstanding proactiveness. Deep knowledge of the energy legal framework."

"Proactivity, different approaches and a deep knowledge."

 

Rodrigo Formigal      

"Practice area expertise and acknowledgement of client's needs."

 

André Modesto Pinheiro      

"André has a lot of experience in venture capital."

 

Antonio Pina 

"Antonio Pina evidences longstanding experience in M&A transactions. He also regularly assists our group in the negotiation of loan agreements, meeting challenging deadlines and always bearing our interests at heart. He has a hands-on approach, he is very diligent, constructive and pragmatic."

"Antonio Pina has longstanding experience in M&A transactions. He also regularly assists our group on the negotiation of loan agreements, meeting challenging deadlines and always bearing our interests at heart. He has a hands-on approach; he is very diligent, constructive and pragmatic."

"Great responsiveness and solution implementation; deep knowledge of the law."

 

Marta Romano de Castro      

"Reliability on technical knowledge; flexibility to find the correct solution; positive and constructive interaction with the other party."

 

Manuel Santos Vitor

"He has circa 30-year experience in corporate M&A with more than 20 years in matters within the energy and natural resources sector. This provides him with both a broad and detailed view on matters and their potential outcomes and greatly assists in establishing risks matrices in a specific matter or transaction.

As well as a goal-oriented and strategic thinker, Manuel's international and domestic experience and knowledge of the industry means that his advice is not only legal but practical, reflecting applicable laws, enforcement and industry standards. His competencies in several legal fields, strategic advice and coordination of the team (always focusing them towards the benefit of the client and the client's goals) is really something difficult to find elsewhere."""

"I have known him for the last 20 years."

"Manuel is very practical without losing attention to details. He is focused on achieving the client’s aims and is creative in his approach, finding solutions where others would find it hard. His knowledge of the Portuguese scene from an economic, social and legal standpoint is most valuable as he adds a global perspective and relevant strategic advice to legal services."

"Broad knowledge of law across all fields; available; exceptional team coordinator; general awareness of political and economic status and outlooks; full knowledge of corporate, M&A and energy projects matters with a profound knowledge of the industry, the associated risks from upstream to downstream and expert in risk mitigation through contractual structuring and negotiations. Very attentive to detail and, at the same time, brings innovative solutions to the table to deal with client's aims and negotiation deadlocks. "

 

Hugo Teixeira

"Speed of response. Level of detail. Understanding our business and needs."

 

José Carlos Vasconcelos    

"Knowledge. Additional training and certifications (MBA). Dedication. Working capacity."

"Knowledge; availability; responsibility."

 

Patrícia Viana

"Deep knowledge of the subjects, dedication to the client, continuous support and availability."

"Experienced, responsive and a hard worker."

Azeredo Perdigão & Associados

Azeredo Perdigão & Associados is a corporate law in Portugal established in 1919. The firm has one office based in Lisbon.

 

Focusses / specialisms

The firm has a focus on restructuring and insolvency transactions and is also active in M&A transactions, within these areas the firm has specialised in working for retail sector clients.

 

Key clients

Key clients of the firm include ITX Portugal Confecções, Loja Do Gato Preto, Tempus Internacional, Pellenc Portugal, Unipessoal, Cateringpor, Glaxosmithkline Consumer Healthcare, Teijin Automotive Technologies Portugal, Esselte Portugal, Mediterranean Shipping Company Logistics and Primebrands.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in M&A and restructuring and insolvency.

In M&A the firm worked on mergers, private acquisitions, divestments for clients connected with consumer goods and services, construction, real estate, transport, agriculture, manufacturing and aviation sectors.

In restructuring and insolvency, the firm’s work focused on insolvency proceedings, pre-payment arrangement for clients connected with shipping, aviation, industrials and manufacturing, pharmaceuticals and life sciences, food and beverage, consumer goods and services sectors.

During the research period corporate and M&A of counsel Frederico Pereira Coutinho joined the firm from Cuatrecasas.

 

Client Feedback: 32nd edition (2021/2022)

 

Financial restructuring                                                                                             

"Experienced and flexible."

Miguel Azeredo Perdigão     

"Knowledge and effectiveness."

Costa Pinto

Costa Pinto Advogados is a Portuguese law firm established in April 2013 by José Costa Pinto. The firm has one office in Lisbon.

 

Focusses / specialisms

The firm has a special focus on M&A deals.

 

Research period review: 32nd edition (2021/2022)

In M&A the firm worked on mergers, financial investments, joint ventures, asset acquisitions, private acquisitions, real estate acquisitions, asset acquisitions for clients connected with banking and real estate among other sectors.

During the research period corporate and M&A associate Tiago Picão de Abreu joined the firm from Antas da Cunha/ECIJA.

Also, the regulatory and corporate of-counsel Henrique Martins Gomes joined the firm from Pinto de Abreu.

 

Client Feedback: 32nd edition (2021/2022)

 

M&A                                                                                       

"Extremely professional."

"Pragmatic, knowledgeable, hard working."

"Professional and close to the client."

"Speedy replies, practical advice."

"Very sharp comments, straight to the point; close attention to the client."

 

José Costa Pinto       

"Close attention to the client."

"Extremely professional."

"Highly prepared lawyer; very close to the client."

"José is a very experienced lawyer and puts his experience and clear strategy into every issue."

"José is a very experienced lawyer and puts his experience and clear strategy into every issue."

"Speedy replies, good knowledge."

Garrigues

Garrigues is an international firm founded in 1941 and with a strong focus on business law. The firm has established offices in 13 countries throughout Africa, Asia, Europe, North America, and South America.

 

Focusses / specialisms

The firm has a particular strength in capital markets, both debt and equity, and M&A transactions but the firm is also active in the banking and restructuring and insolvency practice areas. Within these areas the firm is a specialist in bank lending and financial restructuring transactions.

 

Key clients

Key clients of the firm include LaSalle Investment Management, Tristan Capital Partners, Caixabank, Jamestown, Henderson Park Capital, Blackbrook, Swiss Life Asset Management, Allianz Capital Partners, Banco Santander, MCH Private Equity, Angelini Pharma, Delta Cafés, Decathlon, Bain Capital Credit, Davidson Kempner, and Njord Partners.

 

Research period review:32nd edition (2021/2022)

During the research period the firm was active in banking, capital markets, M&A and restructuring and insolvency.

In banking the firm worked for more borrowers than lenders on a range of transactions including loan work but also financial restructuring transactions. The firm’s clients were connected with private equity, investment management, financial services, real estate and sports sectors.

In capital markets the firm worked on capital increase, share offer, fund formation, securitisations transactions for clients connected with banking, consumer goods, technology and telecommunications sectors.

In M&A the firm worked on financial investments, private acquisitions, asset acquisitions and divestments for both buyers and sellers connected with technology and telecommunications, industrials and manufacturing, insurance, construction, investment management, financial services and transports sectors.

In restructuring and insolvency, the firm worked on financing and sale of NPL Portfolio deals for clients connected with funds, private equity, investment management, investment fund and real estate sectors.

 

Deal highlights:32nd edition (2021/2022)

Blackbrook €13.8 million acquisition financing

Novo Banco €155 million capital increase of new shares

Shareholders of Rodman Lusitânia €18 million divestment

 

Client Feedback: 32nd edition (2021/2022)

 

Asset finance                                                                                    

"Hands-on approach, proactive; a very good and reliable legal team/partner to get transactions done."

M&A

"Assisted in all legal documentation, strategy and negotiation. "

"Commercial: high technical expertise, attention to detail, global view of the transaction. Tax: high technical expertise, reliability."

"Know how. Concise and sharp counsel."

"Partner availability is very good."

"Proactive, innovative and creative, attention to detail and very organised and pragmatic."

"Reasonable charges and fees."

"Very good in project management and coordination."

Private equity                                                                                    

"Business oriented, strategic vision, proactive, deep knowledge of the business specifics and applicable law."

Tomas Pessanha

"Extremely knowledgeable and able lawyer. Expert negotiator and excellent business acumen. "

Rafaela Reina

"Excellent professional with deep knowledge in M&A processes."

Vasco Rodrigues      

"Hands-on and proactive approach; an excellent legal adviser/partner to get transactions done. "

"Excellent knowledge of the industry and respective legislation, very proactive with innovative solutions, good communication and problem solving skills."

Marta Rodrigues        

"Knowledge and sharp counselling. Availability."

"Very good M&A advice. Good at getting clarifications and being proactive."

"M&A knowledge."

Gómez-Acebo & Pombo

Gómez-Acebo & Pombo is a law firm established in Portugal in 2010. The firm also has one office in Lisbon.

 

Focusses / specialisms

The firm has a particular focus on project development transactions and is also very active in project finance, restructuring and insolvency and M&A deals.

 

Key clients

Key clients of the firm include HBO, Densair, Hermès, Giorgio Armani, Endesa, Grupo Alfa, Prisa, Sixth Street, Sovos, Spectrum Brands, Suzlon, Energizer, Mota-Engil, Ferrovial/MSF Barragens ACE, Construções Gabriel A.S. Couto, Chiyoda, McDermott and Saipem, Winterbrook Global Opportunities Fund, Infratúnel – Construtores do Túnel do Marão A.C.E. and Sindicato dos Jogadores Profissionais de Futebol.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, debt capital markets, M&A, project development and finance and restructuring and insolvency.

In banking the firm worked in trade finance, real estate finance for clients connected with banking and financial services sectors.

In debt and equity capital markets the firm worked for issuers on bond and note issuances for clients connected with real estate, banking and financial services sectors.

In M&A the firm worked for buyers and sellers on private acquisition and real estate acquisitions transactions for clients connected with investment management, industrials and manufacturing, technology and communications,

In projects the firm worked on PFI, concession and project finance deals for clients connected to energy, financial services, construction and financial services.

In restructuring and insolvency the firm’s work focused on insolvency proceedings and special revitalization proceedings for clients connected with transport and sports services.

 

Deal highlights: 32nd edition (2021/2022)

Portuguese banking institution €2.5 million real estate investment

US hedge fund €18.6 million trade finance

Macedo Vitorino

Macedo Vitorino is a Portuguese corporate law firm established in 1996. The firm has one office in Lisbon and has six partners and 30 fee earners.

 

Focusses / specialisms

The firm has particularly a strong practice in project finance transactions but is also very active in banking and debt and equity capital markets work.

 

Key clients

Key clients of the firm include MEAG, Municipality of Lisbon, Moiagest, Credit Agricole, Komerční Banka, ING Bank, Solaria, HC-Hospitais Concessionados, Nordic Solar Management, Frequent Summer Group, TIH-Tejo Infraestructures Hospitalares, Solaria Energya e Medio Ambiente, Publicis, Ence, Helios Energy and Suma Móvil.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, debt capital markets, M&A, project development, project finance and restructuring and insolvency.

In banking the firm worked on loan transactions for lenders connected to banking and financial services.

In debt capital markets the firm worked on financing projects, bonds and note issuances for clients connected to banking, energy and investment services.

In M&A the firm worked for buyers and sellers, leaning more towards sellers connected to a range of sectors including telecommunications, energy, financial and real estate sectors.

In project development the firm worked on negotiation work for clients connected with insurance, telecommunications, energy, and health sectors.

 

Deal highlights: 32nd edition (2021/2022)

Municipality of Lisbon €700 million housing PPP projects

Nordic Solar Management €35 million acquisition of solar park from AstroEnergy/Chint

Solaria Energia €31.8 million financing solar projects

 

Client Feedback: 32nd edition (2021/2022)

 

Asset finance                                                                                    

"Outstanding lawyers, with a business-oriented approach and always happy to help to close a transaction even if this means unexpected work."

M&A                                                                                       

"They have a deep understanding of the energy and renewables sector."

"Very knowledgeable and responsive. They have a deep and thorough knowledge of the energy sector in Portugal with a high standard of work."

Project development: Energy                                               

"Very focused and quick."

Project finance                                                                                              

"Macedo Vitorino are reliable, committed, flexible and very diligent.”

”They have superb knowledge of the market and have adapted the specifics of each transaction to provide a streamlined execution."                                          

"Macedo Vitorino are reliable, committed, flexible and very diligent. They have superb knowledge of the market and have adapted the specifics of each transaction to provide a streamlined execution."

"They are very structured in managing the process and can cope with the huge contractual complexity."

Andre Dias     

"Andre is really understanding and patient; an extremely hard working lawyer. He is very solidly grounded in transaction structuring."

"Hands-on approach and a problem solver."

"Very structured and organized."

Frederico Vidigal       

"Excellent professional, competent, diligent and willing to the extra mile to help the customer"

"Very rational, helping the customer to have adequate risk cover."

Macedo Vitorino

"Very strong in the energy sector."

"Very focused in the work done."

Morais Leitão Galvão Teles Soares da Silva & Associados

Morais Leitão Galvão Teles Soares da Silva & Associados is a full-service law firm in Portugal. The firm has over 220 lawyers including 65 partners and has offices in Lisbon, Porto and Funchal.

 

Focusses / specialisms

The firm has a leader in the Portuguese market achieving top tier ranking across every ranked practice area in Portugal.

 

Key clients

In banking key clients include Ascendi, Novo Banco, Banco Comercial Português, EDP - Energias de Portugal and Banco Santander, ING, E-Redes, NOS Comunicações, OW Offshore, Galp Energia, Laje Capital / EXUS, Haitong Capital, SPX International Asset Management Limited, Siemens Gamesa Renewable Energy and BP Portugal.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, debt capital markets, equity capital markets, M&A, project development, project finance, restructuring and insolvency and structured finance and securitisation capital markets.

In banking the firm worked on a variety of loans, investment grade bonds, note issue and financing transactions for clients connected with banking, telecommunications, retail, investment funds, real estate, and financial services.

In debt capital markets the firm worked on bond and note issuances for clients linked to banking, retail, energy and financial services.

In M&A the firm worked on joint venture and acquisitional transactions for buyers and sellers connected with banking, financial services, technology, telecommunications, real estate, construction and energy.

In project development the firm worked on bidding, concessions and negotiations work for clients connected to energy, renewables and infrastructure sectors.

In project finance the firm worked on financing projects for clients related to banking and energy sectors.

In restructuring and insolvency, the firm has worked on non-performing loans assignments, insolvency proceedings, distressed asset acquisitions for clients connected to real estate, banking, energy and tourism sectors.

During the research period partner Rui de Oliveira Neves and principal associate Maria Lobo Xavier both joined the firm from GALP.

Senior lawyer Isabel Carneiro Khalen joined the firm from Allen & Overy LLP.

 

Deal highlights: 32nd edition (2021/2022)

Caixa Central de Crédito Agrícola Mútuo €300 million investment grade bond issuance

Novo Banco €64 million construction project

Sonae, SGPS €55 million share capital increase through a public offer

 

 

Client Feedback: 32nd edition (2021/2022)

 

Banking                                                                                             

"A highly qualified team of lawyers who have expertise in banking law. Very professional team always with excellent inputs in order to reach business objectives. "

Investment funds: Real estate funds                                                           

"Knowledge, client focus, commercial skills, always available to assist."

Investment funds: Real estate funds                                                   

M&A                                                                                       

"They provided excellent services from a technical point of view, with proximity to the client, deep knowledge of the business and competitive prices."

Private equity                                                                                    

"The senior lawyers are very responsive and knowledgeable in their specific areas. Also they have been able to guide us in solutions for a very specific and non-typical structure."

Project development: Energy                                               

"MLGTS has a very solid and competent team. It's hard to find this much quality in a single law firm."

Project finance                                                                                              

"They are a market leader in project finance. They know exactly what the lenders' concerns and goals are, and their experience allows them to anticipate the most common objections by borrowers. They are experts in their field."                                                                  

"Solid knowledge; they work with a view to achieve consensus with other parties."          

"They are a market leader in project finance. They know exactly what are the lenders' concerns and goals, and their experience allows them to anticipate the most common objections by borrowers. They are experts in their field. "

Ricardo Andrade Amaro

"Excellent communication skills, knowledge of the business and proximity to the client."

"Extremely knowledgeable and incisive in his advice."

 

Cláudia Castanheira 

"She is a very practical person, capable of distinguishing important issues from other issues."

João Fitas      

"João has an excellent expertise in real estate and contractual law."

Eduardo Paulino

"Knowledge, client focus."

Elmano Sousa Costa

"Very knowledgeable on financial and legal matters, available round the clock, and able to create a relaxed atmosphere during what would otherwise be very tense meetings. A great lawyer throughout."

Magda Viçoso

"High qualified lawyer with a special focus on banking law. Provides to the business great inputs and outside of the box solutions. "

Mouteira Guerreiro Rosa Amaral & Associados

MGRA SP RL is an independent law firm in Portugal established in 2004. The firm has three offices in Lisbon, Faro and Ponta Delgada.

 

Focusses / specialisms

The firm has a focus on M&A transactions but are also active in restructuring and insolvency deals. Within these areas the firm has a focus on working for clients from the technology and retail sectors.

 

Key clients

Key clients of the firm include Alphaserve Technologies, WeedMD, Synova Renewable Technology, Pollet Water Group Portugal, OTLIS, Carristur, Dahlman Industrial Group, Greenalia Group, Pollet Water Group, and SANJAM Group.

pbbr

pbbr is a Portuguese law firm based in Lisbon and established in 2006.

 

Focusses / specialisms

The firm has a focus on banking work but is also active in M&A and restructuring and insolvency work. Within these areas the firm has a particular specialism in working for clients connected with the real estate sector.

 

Key clients

Key clients of the firm include Bouygues Telecom, Cushman & Wakefield, Sogevinus, Moretextile, ECS Capital, Chocolaterie Guylian, Bouygues Immobilier, Nexity, Haitong Capital, Caixa Capital, Investwood, Auden Foods¸ Kiabi Group, Democo, Signal Capital Partners, Serris Reim Asset Management, Avenue Real Estate, Atenor Group, Rockstone Real Estate, MDSR Investments, Gold Tree Investments, BitCliq Technologies, Visor.AI, IDAR Grupo, Eurofrozen, Prime Real Estate, EQTY Capital, Optimum Agriculture Advisors and Estrela SGPS.

 

Research period review:32nd edition (2021/2022)

During the research period the firm was active in banking, equity capital markets, M&A and restructuring and insolvency.

In banking the firm worked on lending and financial restructuring transactions for borrowers connected with financial services and aerospace services.

In M&A the firm worked on acquisitional transactions and joint ventures for buyers largely connected with the real estate, agriculture and energy sector.

During the research period Pedro Carvalho Martins joined the firm from Ferreira Pinto & Associados.

 

Deal highlights:32nd edition (2021/2022)

ABANCA Corporacion Bancaria €15 million financing facility agreement

Signal Capital Partners €150 million disposal to the US Fund Sixth Street and Acacia Point

 

Client Feedback: 32nd edition (2021/2022)

 

Banking and finance                                                                                     

"Excellent professional and effective legal advisory, hardworking and cohesive team."

M&A                                                                                       

"Boutique law firm. Great knowledge of the Portuguese real estate industry. Good attitude and focused on the deal completion."

"Focus on detail, solid expertise in real estate SPA negotiation and solid expertise in urban planning issues."

"pbbr is highly dedicated and commercially driven during negotiations, without losing focus on the deal."

Private equity                                                                                    

"Response time. Service quality. Act as business partners."

Restructuring: Corporate                             

"Accuracy, teamwork and focus on deadlines."

 

Carina Branco           

"Best professional to work with."

"Availability and knowledge."

Teresa Freire 

"Very experienced lawyer with strong problem-solving skills and a clear focus on finding pragmatic and efficient solutions."

Pedro Pinto   

"Hard working, committed, knowledgeable, loyal, fun, ethical."

"Good communication. Great experience and knowledge.

"Pedro Pinto always listens to you while trying to find a solution to your problem. Business-oriented attitude, without prejudice to his client's interests. A pleasure to work with."

PLMJ

PLMJ is a Portuguese law firm established in 1967. The firm has over 270 lawyers and offices in Lisbon, Porto, The Azores, Coimbra, Guimarães, Madeira and Faro.

 

Focusses / specialisms

The firm has a particularly strong practice in banking, M&A, capital markets and restructuring and insolvency in all of which the firm is in the top tier for Portugal. However, the firm is also very active in debt and equity capital markets and project development and finance work.

 

Key clients

Key clients of the firm include CPPIB Credit Investments, Davidson Kempner European Partners, Cross Ocean Partners, Barclays Bank, Goldman Sachs, Bank of America Merrill Lynch, Apple Pay, JP Morgan, European Investment Bank, DK Partners, Deutsche Bank AG, Lloyds Bank, Citibank, Bank of America Europe, Galp Energia, Davidson Kempner Capital Management, ENGIE, RWE AG, Eco Wave Power, Ascendi Group, Cabo Verde State and Mercedes-Benz Financial Services Portugal.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, debt capital markets, M&A, project development, project finance and restructuring and insolvency.

In banking the firm has worked on a variety of loan and financing transactions for borrowers and lenders connected with banking, investment management, energy and financial services.

The capital markets team was active in debt and equity. On the debt side the team advised a mix of banks and issuers on bond issue and securitisation deals. The firm’s equity capital markets engagements included IPOs, bond and note issuances for issuers connected with banking and financial services.

In M&A the firm worked on acquisitions for buyers and sellers connected with investment management, industrials and manufacturing, energy and construction sectors.

In project development the firm worked on licensing and negotiation work for clients connected with renewables, energy financial services and oil and gas.

In project finance the firm worked on financing projects for clients related to transport, energy, banking, investment, real estate and infrastructure sectors.

In restructuring and insolvency, the firm worked on insolvency proceedings and financial restructurings for clients connected to investment funds, sports, healthcare, technology and telecommunications and financial services.

During the research period restructuring partner Joaquim Shearman de Macedo and projects partner João Marques Mendes joined the firm from CMS Rui Pena & Arnaut. However, restructuring partner Filipa Cotta left the firm for VdA.

 

Deal highlights: 32nd edition (2021/2022)

321Crédito €250 million securitisation of credit portfolio

Attestor Capital/Trinity Investments and Pimco/Blackrock €2 billion insolvency

BNP Paribas and CaixaBank €178 million IPO

Davidson Kempner Partners €1 billion financing

START €3.5 billion energy project development

Raposo Bernardo

Raposo Bernardo is a Portuguese law firm with offices in eight countries in Europe and Lusophone Africa.

 

Focusses / specialisms

The firm has a particular strength in project development work and also has a focus on project finance and restructuring deals.

 

Key clients

Key clients of the firm are confidential.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, capital markets, M&A, project development, project finance and restructuring and insolvency.

In banking the firm worked on loan transactions for clients connected to banking and financial services.

In capital markets the firm worked for clients linked to banking and financial services.

In M&A the firm worked for clients connected to financial services, consumer goods & services and energy.

In project development and project finance the firm worked on the financing and development of projects in energy and infrastructure for clients connected with transport and renewables.

In restructuring and insolvency, the firm worked on corporate restructuring and insolvency proceedings for clients linked to insurance and banking.

During the research period Corporate and M&A partner Nelson Raposo Bernardo joined the firm.

 

Client Feedback: 32nd edition (2021/2022)

Banking                                                                                             

"Raposo Bernardo’s positive attributes are easy do identify since it is an excellent law firm. First, and the most important, is the quality of its lawyers. They are all highly qualified, providing high-quality services, outstanding legal advice and are very professional. Second, the firm’s culture and innovative spirit always puts the client first. Third, I would mention the firm’s proactiveness within the legal market. It is an amazing firm that should ranked in the first position."

"Raposo Bernardo’s positive attributes are easy do identify since it is an excellent law firm. First, and the most important, is the quality of its lawyers. They are all highly qualified, providing high-quality services, outstanding legal advice and are very professional. Second, the firm’s culture and innovative spirit always putting the client first. Third, I would probably mention the firm’s proactiveness within the legal market. It is an amazing firm that should ranked in the first position."

"The lawyers of Raposo Bernardo who have worked with our company are all very competent, rigorous, consistent in their legal advice and detailed - which are crucial attributes to work in our sector. They constitute the best legal team we have worked so far. They are very experienced and knowledgeable and well-informed about every legal aspect and regulation within this sector, which is fantastic. They are very strong in several aspects such as problem solving, innovative solutions, knowledge of law and our activity, which gives us an excellent value for money. My opinion about this firm couldn’t be better. I always recommend their services."

Banking and finance                                                                                     

"Every lawyer with whom we work is highly professional and very skilled in each area involved in a certain transaction or project. They study every situation very carefully and are attentive, which is very important to us. They are very detailed and wonderfully timely in their responses. They are the perfect partner, always available, extremely knowledgeable and with a tremendous will-do attitude. Their guidance and advice was invaluable in producing results that easily exceeded my expectations. Without any hesitation, highly recommended."

"I was impressed by Raposo Bernardo overall professionalism in the closing of complex, cross-border and sophisticated transactions. Their approach was refreshing as they became a part of our team during the operation. They show a real expertise in both business understanding and legal flawless knowledge. Furthermore, the team delivered the solution that we needed not just the solution that we thought we would have. I would recommend partnering with Raposo Bernardo due to their wide expertise, holistic approach and proximity."

Capital markets: Debt                                                                       

"Raposo Bernardo has several positive attributes to be highlighted: their depth of expertise and knowledge in this type of transaction; the huge experience and seniority of its team of lawyers; its practical advice - very focused and effective. There is no other law firm I know that works like them when it is given a mandate. They are very demanding with themselves yet very simple when it comes dealing with clients, which is a huge quality since it gives us the tranquillity and safety that this kind of work demands."

Capital markets: Equity                                                                    

"Raposo Bernardo's level of service is quite fantastic and it looks like the lawyers live to solve our problems given their maximum availability. In my opinion these same lawyers have leveraged the level of legal advice in Portugal by their permanent assistance, depth of response, speed, tremendous knowledge of our sector and all legal matters related to finance instruments, capital markets and banking. They reveal a strong team spirit that works in perfection. I know for sure that with this partnership we have an investment rather than expense as we always end up recovering it through the utility and advantage of their advice. They are very skilful and demanding of themselves, which can only result on an amazing work. We are very pleased and happy with their services. An excellent law firm and excellent lawyers. "

"Raposo Bernardo's level of service is quite fantastic and it looks like the lawyers live to solve our problems given their maximum availability. In my opinion these same lawyers have leveraged the level of legal advice in Portugal by their permanent assistance, depth of response, speed, tremendous knowledge of our sector and all sectors with which we relate. All of the team show a strong team spirit that works in perfection. I know for sure that with this partnership we have an investment rather than expense as we always end recovering it through the utility and advantage of their advice."

"Raposo Bernardo's level of service is quite fantastic and it looks like the lawyers live to solve our problems given their maximum availability. In my opinion these same lawyers have leveraged the level of legal advice in Portugal by their permanent assistance, depth of response, speed, tremendous knowledge of our sector and all sectors with which we relate. All of the team show a strong team spirit that works in perfection. I know for sure that with this partnership we have an investment rather than expense as we always end recovering it through the utility and advantage of their advice. They are very skilful and demanding of themselves, which can only result on an amazing work. We are very pleased and happy with their services. An excellent law firm and excellent lawyers. "

Financial services regulatory                                                                                               

"Raposo Bernardo has an exquisite team of lawyers; very deep, knowledgeable and proactive from a broad and legal compliance standpoint. Over the years they have been offering attentive, personable and professional advice and providing the exact support that we need. They are all very professional and skilled in this sector, which is very specific and difficult in many ways. It is not every lawyer that can understand concepts such as management buyouts, asset-backed securitization and exchangeable securities and this team knows this market very well and is tremendously experienced. For me they are the best. "

M&A                                                                                       

"It is hard to summarise in one paragraph all of the qualities I recognise in this law firm. There is no other firm like Raposo Bernardo. They are incredible and very easy to work with. The transaction was difficult in terms of negotiation and involvement of the parties. But the team of lawyers of Raposo Bernardo were ready for every occasion, always available and very experienced in this kind of project. They are very knowledgeable, very skilled and highly commercially aware. "

"Our group is very demanding in terms of legal support. But since we have worked with Raposo Bernardo everybody feels that we found the right law firm. We are completely blown away with Raposo Bernardo expertise. They have the best group of lawyers I know, an excellent team, very experienced and commercially focused. They certainly provide outstanding client service. Raposo Bernardo lawyers have an outstanding commercial approach to solving problems, which allows us, as clients, to feel part of the work. It has been a true pleasure working with this firm."

"Raposo Bernardo is a firm 100% focused on delivering results to the client. They provided us with technical excellence, industry knowledge and full-service capabilities. They are simply highly skilled for every complex transaction you have. There is no other firm like Raposo Bernardo. Our opinion is that it is one of the best law firms in Portugal, which has had tremendous growth and presents a great dynamic. "

"Raposo Bernardo law firm provides sophisticated and tailored advice. We have worked with several of their lawyers and cannot speak highly enough of the team. The range of positive attributes of Raposo Bernardo is very wide, since they combine in the same law firm the main qualities that a five-star legal adviser must have: a high level of legal services; highly skilled service; and high technical knowledge. They are reliable, thorough, smart, available and extremely good communicators, what is the characteristic we value most. We would recommend them to anyone looking for a highly productive and solution-driven legal team. We plan to continue to work with them for the long term."

"The first word that comes to my mind when referring to this law firm is excellence. This is an exceptional law firm, with a top technical ability far beyond anything I know, always offering solutions to complicated problems and extremely quick to respond. From my personal point of view, they distinguish themselves from other firms due to the strong proximity they create with clients. I always feel like I am a special client and our matters are being cared for every day."

"As positive attributes I highlight the following: Excellent technical expertise; Great ability to work on projects of enormous scale - can mobilize multidisciplinary teams immediately; Culture of its own, with a much greater sense of customer service; Very focused on finding solutions."

"When someone asks me for a referral of a law firm, I know I always recommend Raposo Bernardo and say that it is the most complete legal adviser I have ever known. They are very industry-focused, detailed and professional. It is a firm that I know from the start will produce exquisite work that will add value to our need or operation. And not only do they reflect that high quality in their work but also in the treatment they give to the client. They are always available, very clear in their advice and knowledgeable about our industry and main concerns. For us and for many other companies we contact, Raposo Bernardo is today the best law office to take care of Angolan legal issues. "

Project development: Energy                                               

"At Raposo Bernardo & Associados, we find a group of lawyers that are committed to resolving our legal issues in a timely and cost-effective manner. We can always count on them to give our case the attention it deserves and to tailor the project to our needs. They provide comprehensive legal services in every project we have with them. They are very clear in their advice and very client focused. It is a top-quality law firm."

"Raposo Bernardo belongs to a small group of three or four law firms in Portugal that truly know how to work in project finance, project development, projects in general and infrastructure including energy. This a very specific domain which demands a technical background and legal knowledge. Raposo Bernardo has tradition in this area, as well as all finance and corporate matters, which helps us a lot in the relationship with banks and other players also due to its prestige. Among many other aspects I highlight its culture of perfection, its solid work, the tranquillity that they pass to us even when the project is very complex or in moments like these we are living in. The international network of Raposo Bernardo is also excellent, which has helped us in many occasions."

"Raposo Bernardo belongs to a small group of three or four law firms in Portugal that truly know how to work in project finance, project development, projects in general and infrastructure including energy. This is a very specific area that demands a technical background and legal knowledge and only very few command this area. Raposo Bernardo has a tradition in this area, as well as all finance and corporate matters, which helps us a lot in the relationship with banks and other players due to the firm’s prestige. Among many other aspects I highlight its culture of perfection, its solid work, the calmness that they pass to us even when the project is very complex. The international network of Raposo Bernardo is also excellent, which has helped us in many occasions."

"Raposo Bernardo’s lawyers have an incomparable in-depth industry knowledge. We have worked with other law firms, but none is comparable to Raposo Bernardo's expertise and commercial awareness. The team of lawyers is very skilled in this sector and very persuasive in its way of working, mitigating various legal and regulatory risks involved in complex transactions. They are truly the best law firm we have worked with so far."

"This firm has the capacity to offer the best team of lawyers in the country working in projects of this nature. Their project and legal knowledge, commercial consciousness, deep understanding of the sector and legal work demonstrate their high quality, sophistication, innovation and professionalism."

Project development: Infrastructure                                    

"The positive attributes of Raposo Bernardo are countless. They are remarkable, deserving all our respect for the quality of their work, in particular for the overall excellent assessment they do in terms of the development of the project and project finance, which is not common in the Portuguese market. In short: remarkable and excellent in everything they do. "

Project finance                                                                                              

"This firm has the capacity to offer the best team of lawyers in the country working in projects of this nature. Their project and legal knowledge, commercial consciousness, deep understanding of the sector and legal work demonstrate their high quality, sophistication, innovation and professionalism."

Restructuring: Corporate

"I think Raposo Bernardo is a strong law firm in helping their clients to achieve their goals. Their focus is on providing consistently high-quality legal services to clients across the business. They have a commercial and pragmatic approach to advising clients on their business dealings. Thus, they develop innovative solutions for our legal and business issues."

"They offer exceptional and very impressive legal work to say the least, with an immense attention to detail and a personal, professional and very positive attitude. They are talented, honest and experienced lawyers, and were available on a daily basis and responded directly to our questions promptly and professionally. The team showed their best at all times. I would recommend this firm."   

"They offer exceptional and very impressive legal work to say the least, with an immense attention to detail and a personal, professional and very positive attitude. They are talented, honest and experienced lawyers, and were available on a daily basis and responded directly to our questions promptly and professionally. The team showed their best at all times. I would recommend this firm."

Restructuring and insolvency                                  

"Raposo Bernardo is a sophisticated law firm with international standards allied to a strong legal knowledge of the Portuguese market. The team was experienced and knowledgeable about multi-law areas. As positive attributes I highlight the accurate advice; the deep and profound legal knowledge of the lawyers; complete availability; proactive approach; and the focus to solve problems with a practical point of view. The coordinator lawyer assigned was very proactive in managing the global team involved and eager in respecting the scheduling. Again they took our mandate to a successful conclusion. We look forward to working on other engagements moving forward."

"What we feel while working with Raposo Bernardo is that the client comes first. They are focused in providing consistently high-quality legal services across our business. The positive attributes of Raposo Bernardo as law firm are very strong: depth of response, always available, speedy responses and an enormous knowledge of the law, our sector and of Portuguese legal institutions. For me they deserve the maximum rating in restructuring and corporate work."                  

                                   

Joana Andrade Correia         

"I cannot forget Joana’s attitude during the whole transaction: very proactive, dynamic and extremely experienced in these transactions. Her advice is very clear and practical. She is always available no matter the hour we call and ask for her opinion and she always has good advice to give us. She is a top lawyer. "

Ana Claudia Rangel  

"Ana Rangel's legal skill is great, but just as important she's a supportive lawyer who truly cares. Her advice on how to navigate throughout the process and court case was spot on. Ana is competent, professional and personable. Something I value highly with Cláudia Rangel is the fact that she takes a pragmatic approach to law and doesn't over complicate things unnecessarily. That said, if a matter is complex, she and the team are very capable of handling it. "

"Ana Rangel's legal skill is great, but just as important she's a supportive lawyer who truly cares. Her advice on how to navigate throughout the process and court case was spot on. Ana is competent, professional and personable. Something I value highly with Cláudia Rangel is the fact that she takes a pragmatic approach to law and doesn't over complicate things unnecessarily. That said, if a matter is complex, she and the team are very capable of handling it. "

"Cláudia is very practical, responsive and extremely impressive. She is highly skilled in terms of her understanding of people and business. She is able to analyse in a short timeframe complex situations and helps to shape the best strategy to be successful. For us she is truly a leading lawyer for restructuring and litigation matters. "

"Mrs Ana Cláudia Rangel has extensive experience in international and domestic restructurings acting for several entities and sectors, which gives us comfort as a client. She is very experienced and completely focused on defending our position and to achieving our goals. She is a problem-solving lawyer. We feel that we are being very well represented by Mrs Cláudia Rangel. In addition to all of this, she is a phenomenal person."

"Ana Cláudia Rangel is the main lawyer with whom we are in contact. She is very pragmatic, target-oriented and very pleasant to talk to. This is a great characteristic not often highlighted, but from my perspective it is very important. You need to feel comfortable when you discuss your business with a lawyer that will think and solve your issues so you can succeed. And Ana has what it takes to reach that standard of excellence. "

"Mrs Ana Cláudia Rangel has extensive experience in international and domestic restructurings acting for several entities and sectors, which gives us comfort as a client. She is pragmatic, practical, extremely collaborative and very client focused. She is a very experienced and problem-solving lawyer. We feel that we are being very well represented by Mrs Cláudia Rangel. In addition to all of this, she is a phenomenal person."

Nelson Raposo Bernardo     

"Working at a financial institution, I have worked with many different lawyers, but there is no one like Nelson Raposo Bernardo. Not only because of his remarkable expertise and technical knowledge but also his mindset that is very well organized, proactive, dynamic and brilliantly clever. If we mix all these qualities together in a single person, it will bring phenomenal results and an excellent outcome. This is what we receive from Nelson’s legal advice. I strongly recommend his work."

"Nelson Raposo Bernardo has many positive attributes. He is an outstanding professional; his technical expertise, commercial mindset and ability to negotiate are incomparable. I truly value his work. He is extremely clever, technically very skilled and a hard-working partner with huge know-how. It is a pleasure working with him. He is frequently appointed to assist with complicated multi-jurisdictional deals."

"Nelson Raposo Bernardo is the founding partner and has a large international experience. He gives sophisticated and in-depth advice. He has good contacts and is a charismatic lawyer who makes us feel very special. He reveals completeness with a high legal knowledge in various finance and business areas and is very up to date. Most probably the best lawyer I know for banking, capital markets and corporate matters. He is a strong and very solid support in any transaction."

"Nelson Raposo Bernardo is a fantastic lawyer, is extremely thorough and is the lead on more complex operations, such as negotiations, in defining the strategy. He is clearly at the top of the highest quality Portuguese lawyers. He also has an amazing capacity for work whatever the area involved. Possibly, this ability comes from the fact that he is a professor of law, which always gives us a much greater sense of security because we know we can count on a legal knowledge of high quality. "

"Nelson Raposo Bernardo is an amazing lawyer, brilliant in everything he does. He is a remarkable lawyer and highly professional. He is always looking for tailored advice in order to fulfil our expectations. Every piece of advice he provides to our group becomes a rule to be followed. The respect is enormous. He has an incredible way of working - very attentive to details, focused and a strong will to support his clients until the end of the transaction. Nelson is very skilled and practical in his advice. He is one of greatest leaders I know. "

"I probably know every lawyer that works in Portugal for project finance or projects thus I can confirm that Nelson Raposo Bernardo belongs to the group of three or four best lawyers in this area. Over several years he has acquired knowledge at the technical level, speaks our language and is able to apply the law in a simpler manner and very effectively in every project. In a deadlock it is always Nelson that finds the solution to unlock the situation. In addition, he is always up to date, very innovative and is the most skilful during negotiations. "

"Nelson Raposo Bernardo’s positive attributes are immense. He is an exquisite lawyer, very knowledgeable and technical who leaves the adversary speechless in every negotiation process. We feel very safe with Nelson’s counsel and he has always the proper advice to give in every delicate and complex situation. He is superb as a lawyer and wonderful as a person."

"Possibly I know every lawyer that works in Portugal for project finance or projects thus I can confirm that Nelson Raposo Bernardo belongs to the group of three or four best lawyers in this area. He has acquired knowledge at a technical level, speaks our language and is able to apply the law in a simpler manner and very effectively in every project. During a deadlock it is always Nelson that finds the solution to unlock the situation. In addition, he is always up to date, very innovative and is the most skilful during a negotiation."

"Nelson Raposo Bernardo has star quality. He is a natural leader, with a strong personality and charisma. I have met some extraordinary lawyers during my professional life, but none is so incredible as Nelson Bernardo. He is very meticulous sharp and bright. He is very clever in his observations and everything he advises makes sense and becomes the best solution for every situation."

"Nelson Raposo Bernardo is the lawyer with our complete trust. He is our top adviser. He is a brilliant lawyer, very honest and trustworthy. Technically speaking, he is the best lawyer I know. He is very rigorous and strict in his advice and very practical at the same time. He has an extensive experience with banks and financial companies and a comprehensive approach with the management of companies and businesses. This background enables him to offer a vision and a business strategy on top of the necessary academic approach; and this is why he is respected in the legal market and among companies. We work and have worked with many lawyers, but there is no one like Nelson."

"Nelson Raposo Bernardo is the founding partner and a superb lawyer. He is well respected in Portugal, with international experience, very good contacts and is most probably the best lawyer of his generation. In fact he reveals completeness - a skilled negotiator with a high legal knowledge in various areas and up to date. He is a very solid support in any legal subject or transaction. Once we have the fortune to have his leadership on a transaction, we know that everything will be clearer and more sophisticated at the same time. There is no one like him. He is a true leader."

"Nelson Raposo Bernardo is the founding partner and has a large international experience. He gives sophisticated and in-depth advice. He has good contacts and is a charismatic lawyer who makes us feel very special. He shows completeness with a high legal knowledge in various finance and business areas and is very up to date. Most probably the best lawyer I know for banking, capital markets and corporate matters. He is a strong and very solid support in any transaction."

"Nelson Raposo Bernardo is very focused and very easy to deal with despite his experience and prestige. He is very meticulous and rigorous in his way of working, which is a tremendous advantage in this field of practice. Nothing is left out and everything is discussed in a clear manner. He gives clear advice and yet it is very in-depth in terms of the analysis he has made. "

"Nelson Raposo Bernardo, the founding partner and a brilliant lawyer, is well respected in Portugal with international experience and very good contacts. He is most probably the best lawyer of his generation. In fact he reveals completeness - a skilled negotiator with a high legal knowledge in various areas and up to date. He is a very solid support in any legal subject or transaction. Once we have the fortune to have his leadership on a transaction, we know that everything will be clearer and more sophisticated at the same time. There is no one like him. He is a true leader."

"Nelson Raposo Bernardo is an exceptional lawyer in capital markets, finance and surrounding areas. He is very insightful and astute and always find the best solution for our most complicated legal matter. He has an accurate understanding of the proper language of capital markets, which facilitates every contact and our comprehension of the particular case. He has highly qualified to work in this field and leads a very talented group of lawyers."

"It has been an authentic pleasure working with him. He is a fantastic lawyer, very smart, complete and highly skilled. I have never known a lawyer like Dr Nelson Bernardo. His commitment and determination to get the deal done, the transaction closed, the agreement signed, the project concluded, is out of this world. There is no complex matter that Dr Nelson cannot solve and conclude. His cross-border experience combined with sophisticated procedures are shown in all the work he presents. Nelson is unstoppable when it comes to any corporate or finance operation."

"Nelson Bernardo is an excellent lawyer. What impresses me most about Nelson is his ability to see things from a high-level strategic perspective and his ability to examine the details. He is top lawyer who produces top-quality work. Nelson is very experienced, extremely collaborative and very client-focused. Besides all this, he is a true leader that makes a difference on every complex transaction."

"Nelson Raposo Bernardo is a very skilled lawyer. He is very experienced and knowledgeable of our industry. He always has the right word and advice to say in every meeting, contract or negotiation. I always feel blown away with what Nelson can do with a contract or even in the structuring of a transaction. And I can assure you that it is tremendously hard to find someone like him and with his qualities."

"Nelson Bernardo is the lawyer we know better in the firm and he is an excellent lawyer - very sharp. The best in his category and the best in this sector and these kinds of projects. He is a perfectionist, technically skilled and highly professional. At the same time, Nelson is very creative in his solutions and has a great commercial approach. I always say to him that he is a magician in his role and profession. He has always the right advice and the right solution.  "

"Nelson Bernardo is a brilliant lawyer. He is very clever, honest, clear, empathic and sophisticated. He has the ability to drive all the processes without any flaws and within the timings requested. He is the lawyer that every company wants and needs to have on its side to support it. There is no one like him. His knowledge in law and in-depth in every matter that he is leading is impressive. He always adds value to our transactions."

"Nelson Bernardo is a top lawyer with star quality. He is a leading authority in projects, the best lawyer of his generation and feared by counterparties in every negotiation. I deeply respect his work and attitude towards every project. We always ask for his support once we have any project in pipeline. Some of more impressive positive attributes are: he is smart, honest, clear, empathic and sophisticated. Technically speaking, he is overwhelming and unstoppable. He knows the energy sector deeply and how every project works once subject to financing. There is no other lawyer that we can recommend more in Portugal for project development and project finance matters."

"Nelson Raposo Bernardo’s positive attributes are immense. He is an exquisite lawyer, very knowledgeable and technical who leaves the adversary speechless in every negotiation process. We feel very safe with Nelson’s counsel and he has always the proper advice to give in every delicate and complex situation. He is superb as a lawyer and wonderful as a person."

SRS Legal

SRS Advogados is a Portuguese law firm established in 1992. The firm has three offices in Lisbon, Porto and Funchal. The firm has a global network in Angola, Brazil, Macau, Malta, Mozambique and Singapore.

 

Focusses / specialisms

The firm has a particularly strong practice in debt and equity capital markets but are also very active in banking, M&A and project finance.

 

Key clients

Key clients of the firm include African Export Import Bank, Rabobank, M7, Banco do Brasil, Sagemcom Broadband,  MNK, BNP Paribas,Bank of Portugal, Oxy Capital, EDP, Sagres STC, SA, Rabobank plc, Sagres STC, SA, Carregosa, SGOIC, EDP, M&G, Barclays, Power Parity, ActiveCap Capital Partners, Aksiom Partners LLC, Aman Computers, Acciona, Government of Portugal Parpublica, Port Authority of Lisbon (main Portuguese port), Regional Government of Madeira, Municipality of Oporto, European Commission and GP2 Motorsport.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, debt capital markets, equity capital markets, investment funds, M&A, project development, project finance and restructuring and insolvency.

In banking the firm worked on refinancing, private placement of bonds and debt restructuring as well as a range of loan transactions for clients linked with real estate, banking and financial services, and consumer services.

In debt capital markets the firm’s work focused on fund formation, securitisations, bond and note issuances for clients connected with banking and financial services.

In M&A the firm has worked on acquisition and investment transactions for clients connected to insurance, investment management, healthcare, tourism, automotive and technology.

In project development the firm worked on procurement and project finance deals, concessions, procurement and negotiation work for clients connected to transportation, government and public body, renewables, social infrastructure and power.

In project finance the firm worked on financing for clients connected to shipping, construction, government and public policy, banking, transport, energy, oil and gas sectors.

In restructuring and insolvency, the firm worked on corporate restructuring and insolvency proceedings for clients connected to construction, insurance, technology, banking, financial services, oil and gas sectors.

During the research period banking and finance lawyer António Pape Martins joined the firm from Ernst & Young Portugal.

Corporate associates André Alfar Rodrigues and António de Pape joined the firm from a private equity firm and an investment bank respectively.

 

Deal highlights: 32nd edition (2021/2022)

Afrexim Export Import Bank €51 million financing

Government of Portugal €150 million procurement and project finance on the re-privatisation of EFACEC

Lisbon Port Authority €120 million renegotiation of the Container Terminal Concession Contract

Odisseia Plural €5.7 million insolvency

 

Client Feedback: 32nd edition (2021/2022)

 

Banking                                                                                                                 

"The SRS team provides a high-quality advice and maintains a close proximity to the client They have a great knowledge of the sector."

 

Insolvency                                                                                         

"In insolvency we have worked in several processes and I consider the firm maintains a good technical performance and a deep knowledge of the organization and sector."

"They analyse all the major negative impacts and legal barriers before we as customers decide to green light the legal action."                                                                                        

 

M&A                                                                                       

"Amazing client relationship."

"Business understanding and vision, and profound knowledge of law."

"Positive and engaging attitude; ability to cut through commercial issues and provide comprehensive and tangible outcomes; client-friendly attitude; whole-of-firm service; and overall friendly attitude to getting transactions completed."

"Professional and responsive."

 

PPP/PFI                                                                                              

"It has been a while since had any activity in the capital markets, but SRS, through Alexandra Valente, has kept on providing us with top-quality legal advice."

"Quick response and an utmost effort in getting the law solutions that are the most suitable for the business."

"Wide and deep knowledge; pragmatic approach; agility in response."

 

Private equity                                                                                    

"Deep knowledge of the key relevant issues to address and a positive attitude to find solutions to overcome potential issues."

"Responsiveness; solid advice and confidence."

SRS Advogados legal services are based on extensive hands-on legal and regulatory knowledge of our market's private equity framework. This is incorporated with the specific transaction details in order to successfully ensure our investors interests are protected while leading us towards closing favorable deals."

 

Project development: Transport                                          

"Efficiency; building new law solutions for the port and logistic situations; and a very proficient partnership."

 

Project development: Energy                                               

"Regulatory and competition issues in energy sector."

 

Gonçalo Anastácio   

"Legal (competition) and energy sector knowledge and ability; client relationship; problem solving; and responsibility."

 

Vasco Correia da Silva         

"Vasco demonstrates a high level of knowledge in bankruptcy and insolvency law, together with commercial and corporate law."

 

Dulce Franco 

"I would like to highlight Dulce Franco with whom we have worked for about 28 years (formerly in the law firm PLMJ) and who knows in depth our business and needs. "

"Professional and responsive."

 

Anabela Gonçalves Ferreira 

"Anabela Gonçalves Ferreira provides us with cross-sectional support and with a deep technical capacity in these subjects of great complexity. "

"She is a brilliant and outstanding lawyer, capable of understanding the client's business and of thinking out of the box to achieve creative solutions based on a deep and solid legal knowledge."

 

João Filipe Graça      

"Great ability to provide solutions; agility; wide and deep knowledge of regulation."

 

Maria Paula Milheirão

"Amazing client relationship. Very good at liaising with other SRS teams."

 

José Luis Moreira da Silva   

"Very faithful relationship and utmost professionalism in international, contract and public law affairs."

"Very professional and all the time open to build new solutions in each case."

 

Gustavo Oliveira       

"Inspires confidence in all the work he provides."

"Responsiveness; legal knowledge; solid client advice."

"Gustavo accumulates extensive knowledge of the Portuguese private equity legal and regulatory framework with a strong work ethic based on significant attention to detail, extensive transaction-related problem-solving skills and high interpersonal negotiation capabilities."

 

William Smithson      

"Amazing interpersonal skills."

 

Alexandra Valente     

"Alexandra is a top-notch professional, perfectly intertwining her legal knowledge with extraordinary negotiation skills. Her intimate knowledge of the issues at stake, both legally as well as from a business perspective, is very good."

Uría Menéndez – Proença de Carvalho

Uría Menéndez – Proença de Carvalho is an international law firm established in Portugal in 1997.

 

Focusses / specialisms

The firm has a particularly strong practice in M&A where they are in the top tier for Portugal, the firm is also very active in equity capital markets, projects development and finance, and restructuring and insolvency.

 

Key clients

Key clients of the firm include Barclays Bank Ireland, Santander Consumer Finance, Deutsche Bank Aktiengesellschaft, Morgan Stanley, Citigroup, Commerzbank Aktiengesellschaft, Société Générale, Ontario Teachers’ Pension Plan Board, Allianz Capital Partners, DST Group, Altice, Acciona Concesiones and Banco Santander Totta.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, debt capital markets, M&A, project development, project finance and restructuring and insolvency.

In banking the firm worked for borrowers, sponsors and lenders on a variety of loan and financing transactions for clients linked to banking, financial services and real estate.

In equity capital markets the firm worked on share capital increase, share offer, derivatives and private placement of shares for clients connected with real estate, financial services, aviation and banking sectors.

In M&A the firm worked on private acquisitions and privatisation transactions for buyers and sellers connected with industrials and manufacturing, energy, oil and gas, banking, financial services, telecommunications and real estate sectors.

In project development the firm worked on PPP, licensing, concessions and negotiations work for clients connected to social infrastructure, renewable and financial services.

In restructuring and insolvency, the firm worked on insolvency proceedings and corporate restructurings for clients linked to financial services and construction.

During the research period corporate and M&A associate Ricardo Pintão joined the firm from CMS Rui Pena Arnaut.

 

Deal highlights: 32nd edition (2021/2022)

Barclays Bank Ireland €10 million financing with Visabeira Group

Bain Capital Credit €26.2 million scheme of arrangement

Morgan Stanley Europe SE and Citigroup Global Markets Europe AG €1.5 billion share capital increase

Ontario Teachers’ Pension Plan Board €1.5 billion private acquisition

 

Client Feedback: 32nd edition (2021/2022)

 

Asset finance                                                                                    

"Strong legal knowledge of the market. Lawyers' expertise in the real estate segment."

Bank lending: Lender side                                                                           

"Industry knowledge. Expertise. Client focus."

Insolvency                                                                                         

"Expert in complex insolvencies and restructuring processes in Portugal. Very detailed and technically superior output. Business sensitivity to client's issues."

"Expertise, reputation."

"Very knowledgeable and experienced in the insolvency and restructuring fields. Very detailed and proactive. Outstanding results. Trusted partner."

M&A                                                                                       

"Competent, available and client oriented."

"Great knowledge of the business. Great negotiation skills. Very good technical support"

"Legal and fiscal advice. "

"Strong knowledge, expertise, extremely supportive."

PPP/PFI                                                                                              

"High technical knowledge."

 

Carlos Andrade         

"Global understanding of issues."

"M&A deals."

Bernardo Ayala         

"High technical knowledge."

Miguel Rodrigues Leal          

"Expertise. Strong knowledge of the Portuguese legislation. Easy to work with."

"Availability. Knowledge and expertise. Client oriented."

"Expertise. Strong knowledge of Portuguese legislation. Easy to work with."

David Sequeira Dinis

"Very knowledgeable and experienced in its field. Outstanding results. Trusted partner."

"Availability (24/7), technical skills."

"David has a very strategic mind, analysing moves several steps ahead. Service to the client is given to its full extent and he has a full understanding and commitment to deadlines. David is very reliable, produces very creative solutions and has a very competent team behind him, which shares the same principles."

Catarina Tavares Loureiro    

"Impeccable technical quality. Very good at solving problems and coming up with solutions. Full availability."

VdA Vieira de Almeida

VdA Vieira de Almeida is a law firm established in 1976. The firm is based in Lisbon, has 48 partners and has established the VdA Legal Partners network which is active in 11 other jurisdictions.

 

Focusses / specialisms

The firm is a leader across the market achieving top tier status in all ranked practice areas in Portugal. The firm has also developed a specialism for working with clients connected to banking and financial services.

 

Key clients

Key clients of the firm include Rio Forte Investments, Espírito Santo International, Banif Finance, Atena Equity Partners, Maló Clinic, Banco Santander Totta, Biocom, Brisa – Auto-Estradas de Portugal, Finerge Group| First Sentier Investment, Arrow Global, Banco Comercial Português, Banco Credibom, Caixa – Banco de Investimento, Apollo Global Management, Banco Comercial Português, Banco Credibom, SAUR| EQT Group and Schwarz Group.

 

Research period review: 32nd edition (2021/2022)

During the research period the firm was active in banking, debt capital markets, equity capital markets, structured finance and securitisation capital markets, M&A, project development, project finance and restructuring and insolvency.

In banking the firm worked on a variety of lending and financial and debt restructuring, securitisations for clients connected with banking, financial services and real estate.

In debt capital markets the firm worked on bond and note issuances for clients connected with financial services and consumer services.

The capital markets team was active in debt and equity. On the debt side the team advised a mix of banks and issuers on bond issue and securitisation deals. The firm’s equity capital markets engagements included IPOs, acquisitions, de-listings, private and public offers for issuers connected with banking, financial services and the domestic market.

In M&A the firm worked on acquisitions for clients connected with banking and financial services, insurance, education, consumer goods and services and real estate.

In project development the firm’s work focused on concessions, negotiations and licensing work for clients connected with transport, oil and gas and financial services.

In restructuring and insolvency, the firm worked on corporate restructuring and insolvency proceedings for clients connected to banking, funds and financial services, as well as telecommunications services.

During the research period corporate and M&A partners Francisco Sá Carneiro and Maria da Conceição Cabaços joined the firm from CS Associados and PLMJ firm respectively.

 

Deal highlights: 32nd edition (2021/2022)

Directorate General for Structural Reform Support of the European Commission restructuring

Greenvolt – Energias Renováveis €205 million private offering of its share capital on Euronext Lisbon

StormHarbour Securities, Crédit Agricole Corp and Investment Bank €360.3 million securitisation portfolio

Schwarz Group €1.1 billion acquisition of Ferrovial’s Environmental Services business

Total E&P Mozambique Area 1 €20 billion structuring and negotiation of the Mozambique LNG project

 

Client Feedback: 32nd edition (2021/2022)

 

Asset finance                                                                                    

"Very professional team on each detail even on a very complex transaction."

Banking and finance                                                                                     

"The legal advice is very well structured and completed. VdA understood quite well our request."

Capital markets: Structured finance and securitisation                                                                 

"Close relationship with the client, specific knowledge of capital markets, strong control of time to market."

Capital markets: Debt                                                                       

"They are a very responsive team. Know the local legislation well and are very flexible."

Capital markets: Derivatives                                                            

"With a highly qualified and multifunctional team they are able to advise our company in a wide range of issues. "

Capital markets: Debt                                                           

"They are a very responsive team. Know the local legislation well and are very flexible."

Financial services regulatory                                               

"Deep knowledge of the subjects; commercial and proactive attitude towards the client; availability to provide tailor-made solutions; engagement with the client's best interests."                           

"They have a profound knowledge of the regulatory matters and a good relationship with the supervisors."

Insolvency                                                                                         

"Very specialized work."

"Well prepared multidisciplinary team where each lawyer has deep knowledge in their expertise area and are able to work as a large team. "

M&A                                                                                       

"Besides a very experienced and knowledgeable team, which can be found in other law firms, the biggest advantage has definitively been the complete flexibility of the whole team - from all necessary units (M&A, labour) - to comply with the short deadlines - this has been the critical advantage."

Close to client; available; are rigorous and technically very good."

"Dinamismo, organização, eficácia."

"Efficiency, innovation, commitment."

"Outstanding proactiveness, great technical knowledge, deep knowledge of the market and excellent professionals whom is a pleasure to work with."

"Rigor, atenção ao cliente, resolução de todas as questões, com dinamismo e pertinência."

"Strong commitment. Technical knowledge."

"They were always 100% available to support us. Always listening our concerns and providing the best and ethical solutions."

Project development: Energy                                               

"Very competent and comprehensive job in this particular area of expertise. Very strong knowledge of the business."

Project finance                                                                                              

"Assertiveness; quick response; multidisciplinary teams with different legal backgrounds; clarity in the choices that customers have to make."

Restructuring: Corporate                             

"The main positive attributes are the following: knowledge and expertise, innovation, availability."

 

Benedita Aires           

"Very good knowledge of the legal and financial framework and 24/7 available."

Jorge Bleck   

"The main positive attributes are knowledge, expertise and innovative."

Maria Cabaços          

"Very dynamic person, reasonable, with very good advice, excellent confidence, great knowledge."

Vanda Cascão

"Very positive attitude, 360-degree perception of the energy market, competent in every remark."

Tiago Correia Moreira           

"TCM has a deep technical knowledge and is unusually client driven for a big-firm lawyer. He is always available to help and provide high-quality support. In parallel with legal knowledge, he always maintains a sharp and commercial behaviour in the market relationships and keeps high levels of emotional intelligence in dealing with clients."

Rui Costa Pereira      

"Commitment. Availability."

Filipa Cotta    

"Trusted and a real adviser."

Carlos Couto 

"He is an excellent lawyer with exceptional knowledge of all regulatory matters."

Claudia Cruz Almeida

"Deep understanding of the market, proactive, deal oriented, customer centric."

Maria Cunha Matos   

"Diálogo eficiente, com o cliente e parceiros. Perspicácia e aprofundamento de questões."

"Disponibilidade, atenção ao cliente, clara comunicação, nunca desmorona perante os problemas e procura sempre o melhor para o cliente."

Maria Cunha Matos   

"Practical, warm, efficient, not bureaucratic."

"Diálogo eficiente, com o cliente e parceiros. Perspicácia e aprofundamento de questões."

Teresa Empis Falcão

"Sympathy and presence; ability to listen to the customer and understand their fears and doubts; clarity in responses and support in decision making by clients in the proposed legal paths; great ability to analyse the consequences/risks of the legal scenarios presented; great knowledge of the banking market and legislation; extensive experience in corporate and project finance."

Duarte Brito Goes     

"Excellent, one of the best in Portugal, in the ability to analyze the consequences/risks of the legal scenarios presented; great knowledge of the banking market and legislation; extensive experience in corporate and project finance; ability to present the best legal scenario/path that the client should adopt; without fear of making a decision quickly in high stress environments."

Inês Gomes Ferreira 

"Rigorous and technically very good; problem solver; and close to the client. "

Frederico Gonçalves Pereira

"Strategic view and deep knowledge of litigation cases, which is a highly valuable feature. "

Rita Marques 

"Very sharp, methodical and assertive on communication."

Hugo Moredo dos Santos     

"Anticipates problems. Deep knowledge of all relevant areas."

Pedro Simões Coelho

"Great communications skills and excellent knowledge of the banking sector in Portugal."

ANDERSEN

Andersen is the Portuguese presence of the international law firm of the same name. They have offices in Lisbon and Porto.

 

Focusses / specialisms

The firm has a particular focus on M&A work.

  

Client Feedback: 32nd edition (2021/2022)

Asset finance

"Experienced, efficient and speedy."

 

Financial services regulatory

"Andersen, was very efficient, clear, transparent, and straightforward, answering our needs and clarifying our doubts very detailed. They also added potential alternative paths that might fulfil our needs. Their ability to point out a particular direction that could open new business opportunities was very appreciated."

"(i) Extensive knowledge of the topic at hand, (ii) efficient approach to the topic and (iii) proactive to provide alternatives and/or solutions for unforeseen restrictions."

Antas da Cunha Ecija & Associados

Antas da Cunha Ecija & Associados is a Portuguese law firm incorporated in 2015. The firm is led by Fernando Antas da Cunha and has three offices located in Lisbon, Oporto and Braga.

 

Focusses / specialisms

The firm is active in M&A work.

 

Key clients

Key clients of the firm include SOAFRA, Zomeit and Capitais Privados.

Cardigos

Cardigos is a boutique Portuguese law firm based in Lisbon.

 

Focusses / specialisms

The firm has a focus on banking and debt and equity capital markets. They are also active in M&A and restructuring and insolvency.

 

Key clients

Key clients of the firm include Intrum, Beazley Group, BNP Paribas, Deutsche Bank, JP Morgan, HSBC, Barclays and DST Group.

CCA Law Firm

CCA Law Firm is a Portuguese law firm established in 1949. The firm is led by managing partner Domingos Cruz and is based in Lisbon and Oporto.

 

Focusses / specialisms

The firm has a focus on M&A work.

 

Key clients

Key clients of the firm include Tinsa, Aegon, Procter & Gamble, Dan Cake, Tayan, Coverflex, Loqr and Barkyn.

 

Client Feedback: 32nd edition (2021/2022)

M&A

"Experienced, flexible and hardworking team. Always delivering to assure legal security without compromising goals and timelines. Great access to the entire team, from Partner to Associate."

CCSL Advogados

CCSL Advogados is a boutique law firm based in Lisbon.

 

Focusses / specialisms

The firm has a focus on M&A.

 

Client Feedback: 31st edition (2020/2021)

Banking and finance

"Very good. Very insightful. Mafalda is great. I trust them a lot."

"The service is very good, in terms of quality, attention and time."

 

M&A

"CCSL has a tier 1 service and a very experienced team. Having worked with bigger and older law firms in Portugal, I can confirm that CCSL is definitely a leading firm in M&A and corporate law. The permanent availability and the continuous solutions presented to us is a unique and positive attribute."

"Extremely knowledgeable and 'no stone unturned' to find a solution."

"Know well the procedures and the legislation. It's always available. "

"Super-available at very short notice, hands-on and innovative solutions, looking for different solutions for the problems we faced."

"They are very flexible and aligned with the client's interest."

CMS Rui Pena & Arnaut

CMS Rui Pena & Arnaut is a Portuguese law firm was established in 2002 from a firm which had been working since 1964. The firm is led by managing partner Jose Luis Arnaut and has offices in Lisbon and Funchal.

 

Focusses / specialisms

The firm has a focus on M&A and restructuring and insolvency.

 

Key clients

Key clients of the firm include Caixa Económica Montepio Geral, Chamartín Group, Discovery Real Estate Fund, Explorer Investments, Iberis Capital, JP Morgan Securities, Aquila Capital, VINCI Energies, UBS and Lightsource BP.

 

Client Feedback: 32nd edition (2021/2022)

Banking

"CMS are incredible proactive and responsive in their advice. They are also easy to work with and give us practical advice, both quickly and for great value."

 

Capital markets

"Reliable. Efficient. Adaptable. They have a strong and deep knowledge of capital markets transactions' structures and workflows."

Cruz Roque Semião & Associados

Cruz Roque Semião & Associados, branded as CRS Advogados, is a Portuguese law firm established in 2015. The firm has one office in Lisbon. 

  

Focusses / specialisms 

The firm has a focus on restructuring and insolvency. 

Cuatrecasas

Cuatrecasas is a law firm which has its Portuguese origins in the Lisbon law offices that Armando Gonçalves Pereira founded in 1928. Since 1989, the firm has also had an office in Porto.

 

Focusses / specialisms

The firm has a focus on banking, debt and equity capital markets, M&A, project development and restructuring and insolvency.

 

Key clients

In banking, key clients of the firm include Novo Banco, JPMorgan, Morgan Stanley, Deutsche Bank, Bank of America Merrill Lynch, Natixis, BNP, BBVA, Nordic and CaixaBank.

In capital markets, key clients of the firm include Bank of America Merrill Lynch, Deutsch Bank, Iberwind Group, Servdebt, IFD, Grupo Pestana and DBRS.

In M&A and private equity, key clients of the firm include Bosch, DHL, Aroundtown, Truventuro, EKZ Renewables, MSC, JD Sports, Reden Solar and Orpea.

In projects, key clients of the firm include DP World, Cross Ocean Partners, Auto-Estradas do Atlântico, Iridium Concesiones de Infraestructuras, InfraRed Capital Partners, PTRW - Portugal Renewable Energy (Iberwind Group), Cintra, Strongeagle Mozambique Fund, Go Porto, Engie and Ventient Energy.

 

Client Feedback: 32nd edition (2021/2022)

Banking

"Clear do's and don'ts, timely delivered."

 

Banking and finance

"Quick grasp of the Client's needs and flexibility to adapt to them."

DLA Piper ABBC

DLA Piper ABBC is a Portuguese law firm founded in 1982 and which since March 2017 is part of DLA Piper, with which it had already maintained close ties since 2010. The firm has one office in Lisbon. DLA Piper is a global law firm established in 2005 with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific.

 

Focusses / specialisms

The firm has a focus on M&A work but is also very active in banking.

 

Key clients

Key clients of the firm include Tikehau Investment Management, European Energy Efficiency Fund, Investec, Maya Capital, BBVA, Novo Banco, Lone Star Funds, Edyn Group, Deutsche Bank and Greenvolt.

 

Client Feedback: 32nd edition (2021/2022)

M&A

"DLA is very committed to the transaction and are involved in all the different aspects of the transaction, having a complete overview not only of the legal side but also on the economics."

"Very responsible, deep knowledge, high capacity to look for solutions."

Enes Almeida Cabral & Associados

Enes Almeida Cabral & Associados is a Portuguese business law firm established in 2021. The firm is led by founding partners Pedro de Almeida Cabral and Susana Enes and is based in Lisbon.

 

Focusses / specialisms

The firm has a focus on M&A.

 

Key clients

Key clients of the firm include Blueotter Group, Shiningjoy Group, GlobalRest Group, ICC Portugal Club, Rosveira Investment, Nordic Solar Energy and Särinvest.

Linklaters

Linklaters is the Portuguese presence of the international law firm of the same name based in Lisbon. Linklaters is an international law firm with 515 partners in 21 countries and led by firm-wide managing partner Paul Lewis.

 

Focusses / specialisms

The firm has a strong practice in banking, debt and equity capital markets, M&A, project finance and restructuring and insolvency achieving top tier status for Portugal for all these categories.

 

Key clients

In banking key clients of the firm include Novo Banco, Morgan Stanley, Nomura, BNP Paribas Personal Finance, ECS - Sociedade de Capital de Risco, Oitante, Banco Comercial Português and King Street Capital Management.

In capital markets key clients of the firm include China Three Gorges Europe, Novo Banco, Semapa - Sociedade de Investimento e Gestão, REN - Redes Energéticas Nacionais, Fosun International, Luz Saúde, Morgan Stanley, BNP Paribas Personal Finance, Credit Suisse and Oitante.

In M&A key clients of the firm include Cerberus Global Investments, ECS – Sociedade de Capital de Risco, Glennmont Partners, CK Infrastructure Holdings, Hanwha Energy Corporation, Morgan Stanley Infrastructure, Värde Partners Europe, The Carlyle Group, Novo Banco and Lincoln TopCo Pte.

In projects key clients of the firm include European Investment Bank, Marguerite Adviser, Hanwha Global Asset Corp, Mizuho Bank, Morgan Stanley Infrastructure, Banco Comercial Português, Petrogal, CRRC Tangshan, Mozambique Rovuma Venture and Barraqueiro.

In restructuring and insolvency key clients of the firm include ECS - Sociedade de Capital de Risco, Cerberus European Investments, DWS, Davidson Kempner European Partners and Bank of America Europe.

Luiz Gomes & Associados

Luiz Gomes & Associados is a Portuguese law firm established by managing partner Andre Luiz Gomes and is based in Lisbon.

 

Focusses / specialisms

The firm has a focus on banking and M&A.

Miranda & Associados

Miranda & Associados is a Portuguese law firm based in Lisbon and Porto. Through their network, Miranda Alliance, they offer commercial legal services in a total of 18 countries in four continents.

 

Focusses / specialisms

The firm has a particular focus on banking.

 

Key clients

Key clients of the firm include Sandfire Resources, Prosolia Group and Grupo Glintt.

   

Client Feedback: 32nd edition (2021/2022)

M&A

"They are very committed with the project and always available. Very good knowledge of the corporate elements discussed."

NGA Advogados

NGA Advogados is a Portuguese law firm established by Luis Nobre Guedes and is based in Lisbon. 

 

Focusses / specialisms

The firm has a focus on M&A.

 

Client Feedback: 31st edition (2020/2021)

Restructuring and insolvency

"This law firm have been providing support in several legal aspects to our company. They are quick, responsible, effective and always available. We feel secure and trustful with them on our side. This is the best feeling we can have from a law firm."

 
PRA - Raposo Sá Miranda & Associados

PRA - Raposo Sá Miranda is a Portuguese law firm established in 2001. The firm has offices in Lisbon, Oporto, Faro, Ponta Delgada and Leiria.

 

Focusses / specialisms

The firm has a focus on M&A and restructuring and insolvency work.

 

Client Feedback: 31st edition (2020/2021)

Banking and finance

"Professional and competent."

 

Capital markets: Equity

"Available; professional comments; 24-hour response."

 

Financial services regulatory

"Ability to establish relationships and strong in discussions between parties."

 

Insolvency

"They are always attentive, and quick with the decisions we need to take and first of all they study the case very well."

 

Investment funds: Private equity funds

"PRA provided solid guidance throughout the transaction, both in terms of debt acquisition, negotiation support with various stakeholders, restructuring legal support and detailed scenario analysis based on legal constraints that supported our decision-making."

 

M&A

"Proactive advice. Organised. Knowledgeable. Experience. Fast."

"I would say their level of experience and their availability, as well as proactivity, attention to detail, understanding of the big picture, strategic thinking, good risk management."

 

Private equity

"Deep legal background. Understanding the impacts of legal issues on the firm's evolution."

 

Project development

"Unlimited professionalism from the whole team (from the elements that are involved in our project). Always available. A technical capacity to find solutions even in the most demanding and complicated situations. Strict adherence to deadlines."

 
Riquito Advogados

Riquito Advogados is a law firm operating in Macau and Lisbon. 

 

Focusses / specialisms

The firm has a focus on M&A.

 

Client Feedback: 32nd edition (2021/2022)

Restructuring

"Constructive legal opinion and useful advice."

Serra Lopes Cortes Martíns & Associados

Serra Lopes Cortes Martins & Associados is a Portuguese law firm established in 1961 by partners António and Maria de Jesus Serra Lopes. The firm is currently led by managing partner Luis Cortes Martins and is based in Lisbon.

 

Focusses / specialisms

The firm has a focus on banking, M&A and restructuring and insolvency.

 

Key clients

Key clients of the firm include Banco Commercial Portgues, Sovena Group, Elaia Group, Caixa Economica, Novo Banco, ECS Capital, Grupo JAP, Diaverum, Grupo Jose de Mello and Nutrinveste.

 

Client Feedback: 32nd edition (2021/2022)

Insolvency

"Accuracy, technical competence and availability."

 

M&A

"Knowledge of the sector and its specific legal framework."

Sérvulo & Associados

Servulo & Associados is a Portuguese law firm established in 1999 by Jose Manuel Servulo Correia. The firm has 100 lawyers based in their office in Lisbon.

 

Focusses / specialisms

The firm has a focus on banking, debt and equity capital markets, project development and finance and restructuring and insolvency.

 

Key clients

In banking key clients of the firm include Banco Comercial Português, Novo Banco, Montepio Investimento, BBVA – Instituição Financeira de Crédito, Banco Santander Totta, Oney Bank, EDP Comercial – Comercialização de Energia, PAGAQUI – Pagamentos e Carregamentos, BES - Banco Espírito Santo and BANIF - Banco Internacional do Funchal.

In capital markets key clients of the firm include Cofina, Autonomous Region of Madeira, Flexdeal Simfe, Novo Banco, Edp – Energias De Portugal, Interfundos – Gestão De Fundos De Investimento Imobiliário, Edmond De Rothschild Europe, Crest Capital Partners - Scr, Hcapital Partners – Scr and SQUARE – Sociedade Gestora de Fundos de Investimento Imobiliário.

In M&A key clients of the firm include Antin Infrastructure Partners, Regional Government of Madeira and Guang Dong Kinlong Hardware Products (HK).

In projects key clients of the firm include Ministry of Finance of Cape Verde, Unity of Special Projects Management, Sociedade de Desenvolvimento Ponta do Oeste, Sociedade de Desenvolvimento do Porto Santo, Regional Government of Madeira, Metropolitano de Lisboa, Infraestruturas de Portugal, Lusíadas Saúde Group, Metropolitan Area of Lisbon and Metropolitan Area of Oporto.

In restructuring and insolvency key clients of the firm include Banco Espírito Santo, Banco Internacional Do Funchal, Banco Privado Português, Ferrovial/Msf – Barragens, Monumental Residence – Empreendimentos Imobiliários, Orey Financial – Instituição Financeira De Crédito, Nilit France and Grünenthal.

 

Client Feedback: 32nd edition (2021/2022)

Banking and finance

"Knowledgeable, available, experienced."

SPS Advogados

SPS Advogados is a Portuguese law firm established in 1989. The firm is led by managing partner Pedro Malta da Silveira and is based in Lisbon.

 

Focusses / specialisms

The firm has a focus on restructuring and insolvency.

 

Key clients

Key clients of the firm include Grupo Affidea Portugal, Opel Portugal, Automóveis Citroen, Peugeot Portugal, Ripsurf, MHIRI Innovation, Caetano Coatings, S.P.P.S. Santa Rita, R.H. VILAR and Acushnet France.

 

Client Feedback: 31st edition (2020/2021)

Banking and finance

"Always present the best solution for each case according to the desired result."

"Practical view; understanding the economic impact and helping to find solutions to mitigate negative impact. Knowledge about our business."

 

M&A

"Very focused on getting the best solution for the customer."

 

Project development

"Very focused on the client's needs and wide view of proposals for achieving goals. Search for solutions."

 

Restructuring: Corporate

"Knowledge of the specifics of the sector, knowledge of the specifics of the law."

Financial and corporate
CTSU - Sociedade de Advogados

 

CTSU - Sociedade de Advogados is a Portuguese law firm led by managing partner Mónica Moreira and with offices in Lisbon and Porto.

 

Focusses / specialisms

The firm has a particular focus on M&A.

   

Client Feedback: 32nd edition (2021/2022)

M&A

"CTSU provides full legal assistance in M&A transactions, from DDs to closing. The M&A Team is very experienced and provides very proactive and added value assistance, through all transaction process. Team members are always available and have deed legal and business expertise, contributing to the success of the transactions."

"Very professional, client oriented, deep market and legal knowledge. The firm's advice is not restricted to legal matters but always brings added value to business."

J+Legal

J+Legal is a Portuguese law firm based in Lisbon.

 

Focusses / specialisms

The firm is active in M&A, project finance and restructuring and insolvency.

 

Key clients

Key clients of the firm include SAPEC, IAP, Hertz, FIGB, Hotel Lisboa, Marinhave, Blue Tagus and Deckskill.

  

Client Feedback: 32nd edition (2021/2022)

M&A

"Available, Technically Experienced, Knowledgeable and Experienced, Business wise."

Telles de Abreu & Associados

Telles de Abreu & Associados is a Portuguese law firm founded in 1992 with offices in Lisbon and Porto.

 

Focusses / specialisms

The firm has a particular focus on project development work.

 

Key clients

Key clients of the firm include Fuste Group, Vigent Group, Alten Group, BBL Group, Orpea Group, Lionesa Group, Livraria Lello, NATIXIS, PSA Group and Wavecom.

   

Client Feedback: 32nd edition (2021/2022)

M&A

"Very good advisors both from a legal perspective but also with a strong background on tax and finance."

 

Project development

"Very proactive support, excellent knowledge of the renewable energy industry, tailormade solutions for the individual project."

Vasconcelos Arruda & Associados

Vasconcelos Arruda & Associados is a Portuguese law firm founded in 2012 and based in Lisbon.

 

Focusses / specialisms

The firm has a particular focus on M&A.

   

Client Feedback: 32nd edition (2021/2022)

Capital markets : Equity

"Quick response time, solution oriented mindset, willingness to adapt to our particular reality, Easiness to reach, knowledge."

 

M&A

"On the negotiations held the firm come up with innovative solutions, helping de-risking the transactions in order to achieve an agreement with the seller."