GCR 100 - 20th Edition

PLMJ

14 January 2020

Portugal

Ricardo Oliveira leads the team at PLMJ. Despite the loss of counsel Luís Pinto Monteiro to Garrigues in 2018, PLMJ is still regarded as having one of the best competition practices in Lisbon. Oliveira works alongside fellow partner Sara Estima Martins, both Who’s Who Legal nominees, on a range of high-profile cases.

The practice’s workload is 70% behavioural work, Oliveira estimates. He says the team is kept very busy acting for Volvo/Renault in private damages actions related to the Trucks cartel. They also represent a leading international bank in the Portuguese authority’s probe of the sector, which has been ongoing since March 2013 when the enforcer carried out dawn raids. The firm also successfully applied for full immunity for insurance company Seguradoras Unidas in the agency’s sector investigation.

In merger work, the firm represented paper manufacturer Altri in its acquisition of sole control over biomass electricity producer EDP Bioeléctrica. The team also acted for private equity firm Equistone Partners Europe buying storage system provider Storax, a subsidiary of steelmaker Ramada Aços. The firm also helped Eleven Sports Network secure a distribution agreement with the country’s telecommunications operators.

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