State intervention in the economy is undoubtedly back, implying the development of new forms of regulation, both at national and supranational levels.
Rescue plans for distressed companies, government plans to boost the economy demonstrate this shift, while member States of the European Union head towards stronger coordination and integration of their interventions in the economy, public regulations, and tax systems. Likewise, the challenges facing the global economy have supported the development of new regulations and interventions of supranational institutions. In this context, to maintain market confidence while supporting economic growth, States increasingly opt for strategies including liberalisation, privatisation, project finance and public private partnerships, supplementing traditional regulatory and procurement activities.
Public & administrative law is a crucial offering at Linklaters in Europe. Linklaters’ pan-European expertise is long-standing in all fields of regulatory, administrative and environmental law aspects, including State aid, public procurement as well as urban planning. In addition, we advise on issues related to foreign investments and possible barriers to entry.
Clients seek the firm’s expertise in all regulated sectors, in particular energy (including renewables and emissions trading issues), defence, infrastructure, utilities, telecommunications, real estate, healthcare and education.
Our specialists are involved in major innovative and complex transactions, advising corporates, commercial banks, public funded entities, local authorities and national governments. They have advised on a comprehensive range of PFI/PPPs, procurement tendering processes and public sector financings, in particular in the framework of economic stimulus plans. They also regularly assist clients in contentious administrative proceedings. In addition, our relationships with public bodies enable clients to benefit from direct access to public decision-makers. We regularly advise funded entities and governments on the feasibility and structuring of new regulations.
Our advice is integrated with that of our other practices, particularly finance, corporate and litigation, to act on strategic deals where public and administrative law is a key element. Our comprehensive expertise covers M&A deals, project finance, real estate transactions and IPOs in regulated sectors.