The new measures seek to overcome the expected high rate of insolvency, refinancing, and corporate disputes arising from the COVID-19 crisis.
The Spanish government approved Royal Decree-Law 16/2020 on 28 April, which...more
Recent piece-meal amendments to the Spanish Insolvency Act 2003 seem to have cumulated into a restructuring solution that is starting to be considered predictable, quick and fair, especially when compared to the pre-amendment...more
A second round of material reforms should encourage the viability of distressed companies in Spain.
Royal Decree Law 11/2014 (the New Reform) is another clear effort to decrease the number of insolvent companies which...more
The Royal Decree Law 4/2014 of 7 March significantly amends the Spanish Insolvency Law, ostensibly in favor of refinancing agreements.
With the approval of Royal Decree Law 4/2014 of 7 March on urgent measures...more