Unique Environment licensing scheme: A title, a process, a fee 1. Framing Was published on 11 may, Decree-Law No. 75/2015, which approves the long-awaited single licensing scheme (LUA) Environment. This new MOON scheme aims at the simplification of procedures of environmental licensing schemes, regulating the procedure for issuing the Single Title environmental (YOUR), embodied in […]
The new code of administrative procedure (hereinafter ‘ CPA ‘), approved by Decree-Law No. 4/2015, of 7 January, in force since 7 April, introduced relevant changes in the administrative procedure, of which stands out the figure of Procedural Conferences (articles 77 to 81). 1. purpose It is an autonomous administrative procedure phase, already provided for in […]
Entered into force on March 2, Decree-Law No. 26/2015, of 6 February, which carried out the review of the legal regime of debenture loans, introducing relevant amendments to the Código das Sociedades Comerciais. The changes introduced aimed at loosening the bond issue, in order to popularize as alternate means to bank financing. In this Newsletter […]
The law 32/2014, of 30 may, approved the so-called extrajudicial procedure pré-executivo (PEPEX). This is a new legal mechanism which gives the creditor the possibility to identify, out of court, and in a more expeditious and less costly, the goods liable to garnishment that may possibly belong to the debtor and thus allow the satisfaction […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Christoph Just of SCHULTE RIESENKAMPFF Rechtsanwaltsgesellschaft mbH. Christoph has joined IR as our exclusive Energy Law member in Germany. Legal Expertise, sector specific know-how and business savvy to meet your business objectives. Interlinked thinking, cooperation with different teams and personal advice, […]
Guarantees (either on first demand or conditional) are standard practice in international construction projects. Often the wording of the guarantee does not allow a clear understanding on whether the parties have agreed to put in place a conditional bond or instead an unconditional and on-demand guarantee and this is the source of usually complex disputes […]
Our new website is on-line Further to a survey conducted amongst our Clients and with the purpose of saving your time, we have refurbished our website to allow you to find immediately the information relevant to your industry and which you are looking for. We have also: 1. added a new Legal Guides section that […]
2015: Investment Opportunities in Portugal The Portuguese Government has announced a program of privatizations and concessions it intends to launch in the first half of this year, which represent some of the most interesting investment opportunities in Portugal. This is part of a broader package that also includes the new Investment Tax Code, access to […]
With a collapsed energy market in Argentina and a change of the current administration in 2015, it is clear that Argentina will have to develop and invest in the energy sector, and especially in the renewable energies sector. The purpose of this note is to briefly develop some of the main traits of the renewable energy legislation in – and theprospects for – Argentina. National System for Wind […]
ON-DEMAND BONDS: A REVIEW OF ITALIAN AND ENGLISH DECISIONS ON FRAUDULENT OR ABUSIVE CALLING GIUSEPPE BROCCOLI Partner at BDA Studio Legale, Milan AND LAUREN ADAMS Barrister, Atkin Chambers, London INTRODUCTION Irrevocable undertakings made by a bank or commercial provider to pay a named beneficiary on the beneficiary’s simple demand have a well-established presence in the […]
New Italian provisions to reduce the workload of the Italian Courts and to reduce the time to obtain Court decisions. 07.12.2014 – With Law no. 162/2014 the Italian Government has enacted specific provisions in order to reduce the workload of the Italian civil courts mainly: (i) through the right of the parties to refer a […]
New provisions on re-modulation and payment of incentives for photovoltaic and other renewable sources plants in Italy 07.11.2014 – On 16th and 17th October 2014 the Ministry of Economic Development has issued three Ministerial Decrees implementing the general provisions contained in the Law Decree no. 145/2013 and in the subsequent Law Decree no. 91/2014 on […]