N o v a i s  A d v o g a d o s

25 years of Iberian, European and Transatlantic legal practice





Risk management


Portugal-based from its inception, Novais Advogados has been serving, since 1987, a local and multinational clientele (namely, Wine, Metals, Textiles, Construction, ICT, Football, Fashion, Finance, Chemicals, Environmental, Transportation and Maritime, Hotel and Casino Resorts, Banking, Insurance and Securities, Real Estate and Foreign Direct Investment). Associated offices in Spain create a constant flow of work in and from the Iberian Peninsula, Europa and across the Atlantic, especially the USA and Brazil. Membership with international networks assures global reach. We work in English, French, Italian, Spanish and Portuguese.

Founder of Novais Advogados, Luis Miguel Novais runs a practice of complex sovereign, commercial and financial dispute resolution in Portuguese, European and international law and arbitration. For 10 years (1994-2004) he headed the team who fought and won for the private party the Port Wine case against Portugal, arguably the biggest and longest commercial dispute in Portugal. He is admitted as counsel and arbitrator to the International Court of Arbitration of the ICC - International Chamber of Commerce (Paris, France), to the LCIA - London Court of International Arbitration (London, UK), and the CIMA - Corte Civil y Mercantil de Arbitraje (Madrid, Spain). Since 1998, he has been a Governing Board member of the UIA – Union Internationale des Avocats, where he served as president of the national committee for Portugal and president of The Future of the Lawyer commission.

Novais Advogados recent representative cases include Lehman Brothers and Madoff related disputes acting for private parties, foreign direct investment and pre-emptive and alternative dispute resolution cases acting for sovereigns, multinational corporations and private clients, dealing with complex financial instruments and securities such as Perpetual Non-cumulative Guaranteed Preference Shares, Noncumulative Trust Preferred Securities, Non-cumulative Fixed/Floating Rate Perpetual Subordinated Notes, Non-cumulative Callable Preference Shares, Subordinated Notes, Capital Securities, Capital Instruments, Perpetual Preferred Securities, Perpetual subordinated Notes, Fixed Rate Enhanced Capital Advantaged Preferred Securities, UCITS, and so on.


About us (recent): Falência do Lehman Brothers


Archives (1987-2012)


Trust (Man crossing the river)


Legal services as commercial markets: scope. limits? (October, 2007)
Concerning statistics on the assets and liabilities of investment funds (August, 2007)
Enhancing shareholders’ rights in listed companies (July, 2007)
The legal profession and the liberalisation of services (June, 2007)
Encontro da Advocacia Global / Meeting of the Global Legal Profession (June, 2007)
Back to Portugal (May, 2007)
Status of MIFID transposition in Portugal (April, 2007)
Recognition and Enforcement of Judgements or Awards in M&A Litigation (February, 2007)
Representations, Warranties and Indemnifications in M&A's (Sestriere, Italia)
Transparency of financial relations between Member States and public undertakings' EU Directive (November, 2006)
EU framework for investment funds - The Commission's new White Paper (November, 2006)
Para um mercado europeu de instrumentos financeiros (October, 2006)
Europe's investment regulations: The MiFID - Markets in Financial Instruments Directive (September, 2006)
Transposition of the financial services Directives by the European Union's member countries (July, 2006)
The taking up and pursuit of the business of credit institutions in Europe (June, 2006)
Global Banker (Lisboa, Portugal)
Cadre général pour l'admission d'un nouveau pays au sein de l'OMC (Beijing, China)
Legal framework of admission of a new country into the World Trade Organisation (Beijing, China)
A China na Organização Mundial do Comércio (Lisboa, Portugal)
Euro, cheques e letras (Lisboa, Portugal)
O novo tribunal financeiro (Lisboa, Portugal)
Internet Finance (London, UK)
Professional confidentiality in the European Union - the directive on money laundering (Porto, Portugal)
Digital signatures, Encryption, and Cybercash (New Delhi, India)
New bankruptcy proceedings in Portugal (London, UK)
Primeiro encontro de advogados de negócios de Portugal e Espanha (Madrid, España)
Asociación de Abogados de Negocios de España y Portugal (Portugal + España)
Constitución de Iuristiberia (Madrid, España)
La contratación electrónica. Experiencias de utilización y deontologia en el Derecho civil y en la Common Law (Nice, France)
Mergers & Acquisitions: New bankruptcy proceedings in Portugal / Portuguese Law Update (London, UK, 1998)
Mergers & Acquisitions: The Portuguese Single Shareholder Private Limited Company (London, UK, 1998)
Mergers & Acquisitions: New rules for accountacy and Audits (London, UK, 1997)
Mergers & Acquisitions: A case on indeterminate price causing the failure of a share purchase agreement (London, UK)

Main office: Palacio da Bolsa, 4050-253 Porto, Portugal
Phone: +351 222 037 769
Fax: +351 222 053 156