"Competition forces you to evolve. When everything is easy, you don't improve". ― Rafael Nadal Parera, 1st Marquis of Llevant de Mallorca
Introduction -
Over the past two decades, Spain's competition enforcement journey has…
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/ Administrative Law, Antitrust & Trade Regulation, Constitutional Law, Mergers & Acquisitions
After a sharp tariff-induced dip in loan issuance, markets in the US and Europe regained confidence and stabilized by the end of the first half of the year -
US and European leveraged loan markets had a bumpy ride during the…
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/ Antitrust & Trade Regulation, Finance & Banking, Mergers & Acquisitions
Although high yield bond markets in the US and Europe recorded small year-on-year declines in issuance in H1, high levels of activity in Q2 bode well for the rest of the year -
After a slow start to the year beset by a…
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/ Finance & Banking, Mergers & Acquisitions, Securities Law
On July 23, 2025, the Internal Revenue Service ("IRS") issued interim guidance announcing changes to the Large Business & International Division ("LB&I") audit procedures (see the IRS's memorandum, here). The changes aim to…
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/ Administrative Law, Alternative Dispute Resolution (ADR), Taxation
On 19 July 2025, the EU published its 18th package of sanctions against Russia. The package introduces several new measures and updates in relation to the energy, financial, and defence sectors. Key changes include new and…
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/ Energy & Utilities, Finance & Banking, International Law & Trade
El 21 de julio de 2025 se publicó el Decreto (el “Decreto”) por el cual se reforman, adicionan y derogan diversas normas de las Disposiciones de Carácter General en Materia Financiera de los Sistemas de Ahorro para el Retiro (la…
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/ Finance & Banking, International Law & Trade, Securities Law
Poland's foreign direct investment ("FDI") screening regime, originally introduced in 2020 for a 24-month period and subsequently extended for an additional 60 months (i.e. until 24 July 2025), established a mechanism for…
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/ Finance & Banking, International Law & Trade, Mergers & Acquisitions
UK, Environment Secretary Steve Reed has announced immediate changes and a review of environmental law in response to the Independent Water Commission’s 465-page report (the "Cunliffe Report") on the UK's water industry. These…
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/ Administrative Law, Energy & Utilities, Environmental Law, International Law & Trade
Summaries of the agenda items for the Federal Energy Regulatory Commission's monthly open meeting to be held on July 24, 2025, pursuant to the sunshine notice released on July 17, 2025…
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/ Administrative Law, Energy & Utilities
Artificial intelligence (AI) is already indispensable in the healthcare and life sciences sector. Intelligent medical devices promise nothing less than a revolution in the art of healing. With its legislative projects on AI and…
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/ Health, Products Liability, Science, Computers, & Technology
On 2 July 2025, the European Commission introduced its 2040 climate target of reducing greenhouse gas (GHG) emissions by 90% compared to 1990 levels. One of the key features of this strategy is the possibility to introduce…
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/ Energy & Utilities, Environmental Law, International Law & Trade, Zoning, Planning & Land Use
Dealmaking in Europe’s life sciences sector has been relatively muted in recent years, but the first half of 2025 has shown signs of strength as companies respond to the stark realities of an aging population -
Earlier this…
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/ Mergers & Acquisitions, Health, International Law & Trade, Science, Computers, & Technology
The US relies on existing federal laws and guidelines to regulate AI but aims to introduce AI legislation and a federal regulation authority. Until then, developers and deployers of AI systems will operate in an increasing…
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/ Administrative Law, Privacy, Science, Computers, & Technology
On July 17, 2025, the Alliance for American Solar Manufacturing and Trade ("Petitioner") filed antidumping duty ("ADD") and countervailing duty ("CVD") petitions on imports of crystalline silicon photovoltaic cells, whether or…
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/ Antitrust & Trade Regulation, Energy & Utilities, International Law & Trade
The EU introduces the pioneering EU AI Act, aiming to become a global hub for human-centric, trustworthy AI…
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/ Administrative Law, International Law & Trade, Science, Computers, & Technology