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Featured publications
PUBLICATION
Administrative liability of the members of a listed company’s audit committee for serious errors or inaccuracies in the audited annual accounts
The Supreme Court’s judgment of 8 October 2020 confirms the administrative liability of Audit Committee members for the inaccuracy or lack of veracity of consolidated annual accounts that have been externally audited
PUBLICATION
Amendment of the legal regime of the organisation and operation of the National Electricity System (Portugal)
The public consultation regarding the long-awaited draft Decree-Law that revokes the legal regulations applicable to the activities of generation, transmission, distribution and supply of electricity and the organisation of electricity markets (the “Draft Decree-law”) is underway, and contributions may be submitted until 24 November 2021 through the Consultation – National Electricity System platform (consultalex.gov.pt).
Penalty for lawful withdrawal from a contract. (Supreme Court [Civil Division, First Chamber] Judgment no. 1471/2024 of 6 November)
¡NEW! 
Ángel Carrasco
Rules to determine directors’ remuneration: a case where Article 217(4) of the Companies Act applies
The Supreme Court applies the rules set out in Article 217(4) of the Companies Act to reach a decision concerning the contest of a board resolution that determined the remuneration of a company director.
¡NEW!
Alberto Díaz
An end to rules on racial, gender and LGTBQ+ diversity on Nasdaq-listed company boards
In Alliance for Fair Board Recruitment; NCPPR v. SEC, the U.S. Court of Appeals vacates, by a one-vote margin, the Securities & Exchange Commission’s approval in 2021 of Nasdaq’s rules on board diversity for companies listed on its exchange.
6 days ago
Reyes Palá
Legal Certainty and Public Authentication DG pronouncement on the legal nature of a right of superficies over municipal land
In determining applicable legislation and competent jurisdiction, a question arises as to whether the creation and assignment for consideration by a Town Council of a right of superficies to build a car park is a private contract or a special government contract.
25 Feb, 2025
Blanca Lozano
Consequences of incorporating a shareholders’ agreement into an ancillary obligation attached to company shares
This paper intends to highlight the consequences that attaching to company shares an ancillary obligation consisting of compliance with a shareholders’ agreement has (and does not have), consequences that derive from the integration of the agreement into the corporate organisation.
24 Feb, 2025
Fernando Marín de la Bárcena
The Offshore Renewable Energy Strategy approved by Cabinet Decision no. 19/2025 of 7 February
Cabinet Decision no. 19/2025 approves the Allocation Plan for Offshore Renewable Energy, which seeks to exploit wind energy along the Portuguese coast and achieve energy independence, transition and sustainability.
24 Feb, 2025
Ana Luísa Guimarães, Joana Aragão Seia
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