"Out of the ruins"

Legal Business' special report on Portugal quotes Vieira de Almeida & Associados (VdA)'s partner Manuel Protásio as saying that although "large publicly funded projects such as the new Lisbon airport (...) have been dramatically cut (...) the shift in the traditional structuring of public initiative projects together with the increasing access to funds by Portuguese banks which are looking reasonably healthy in accordance with the latest stress tests will pave the way, in due course, for a surge in work in the financing and M&A areas, and will certainly continue to fuel legal work in the labour, litigation, restructuring and insolvency sectors".

More information: http://www.legalbusiness.co.uk/lb215_portugal_2011