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Joaquim Shearman de Macedo, a partner at PLMJ, emphasises that the rise in restructuring and insolvency proceedings is set to accelerate in 2026 as the liquidity generated by the post-pandemic period runs out. In Portugal, this trend is unfolding within a stable legal framework underpinned by the Special Revitalisation Plan (PER).
The new European Directive 2026/799 strengthens this framework by harmonising insolvency rules and introducing measures such as the sale of companies or assets at the pre-insolvency stage, overseen by an independent monitor.
Further details can be found in the PLMJ Preview on restructuring and insolvency.