By Robert Merrick, Herbert Smith Freehills Last year presented a difficult and turbulent time in the energy sector with the dramatic slide of the price of oil. The oil price, which had previously skyrocketed to over US$100 per barrel in recent years amid an unprecedented growth in US oil production, continued its plunge to as low as US$27 per barrel.
By Alex McLean & Niall Esler, Arthur Cox The liberalisation of energy markets has given rise to a raft of new regulatory challenges, with policymakers and regulators devising increasingly elaborate responses. Traditional measures of market power have been refined to recognise the power to set prices in time frames which may be only minutes in duration. Dominance is being addressed through measures including regulated contracts, virtual independent power auctions and regulated bidding. Third-party access rights are being structurally reinforced by network unbundling.
By Enrique Munita L, Munita & Olavarría On 29 December 2014, the Chilean government presented a bill to Congress to reform major aspects of Chile’s industrial relations system, seeking important amendments to the current regulation related to collective bargaining procedure and unions. Due to the calibre of such amendments, this is the deepest reform in Chile in recent years.
By Íñigo Sagardoy de Simón and Gisella Alvarado Caycho, Sagardoy Abogados To date, and having taken stock of what the 2012 Labour Reform has meant in practice, we can confirm that the data seems persuasive and hopeful. Indeed, the Spanish economy has passed the recession’s turning point, and has resumed growth in an environment of stable prices: key to strengthening competition further.
WWL has brought together James Davies of Lewis Silkin, Enrique Stile of Marval O’Farrell & Mairal, Vikram Shroff of Nishith Desai Associates, and Angelo Zambelli of Grimaldi Studio Legale to discuss key issues facing labour employment and benefits lawyers today.
By Ginger Pigott and Natassia Kwan, Greenberg Traurig As plaintiffs pursuing medical device and pharmaceutical product liability actions run into various dispositive legal defences to traditional tort claims, such as express and implied preemption, defence attorneys are seeing an increasing trend toward creative pleading in plaintiffs’ efforts to raise potential issues regarding the conduct of health care industry representatives who are either present in surgery or otherwise providing technical support to medical providers.
Who’s Who Legal brings together Lance Brasher, Ira Eddymurthy and Philip Stopford to discuss issues facing project finance lawyers and their clients in the industry today, including the effects of the recent drop in commodity prices, the future of yieldcos, the current state of legal competition and the availability of funding for projects in emerging markets.
By Clemens Philipp Schindler, Schindler Attorneys As a recent study in M&A Review (January 2016) reports, Austria saw approximately 330 deals in 2015, an increase of 37 per cent from 2014. This makes 2015 one of the top 10 years since 1988, with the period spanning 2000 to 2007 being the strongest, peaking in 2005 with over 500 deals. For both public M&A as well as private M&A activities an increase can be reported for 2015 and early 2016.
It is not possible to buy entry into any Who's Who Legal publication
Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.