The Directive will require Spain to adapt key areas of the Spanish Insolvency Act, affecting the rights of debtors, creditors, and shareholders.
On 26 June 2019, Directive (EU) 2019/1023 of the European Parliament and of...more
Changes harmonize Spanish regulations with existing EU regulations and increase the scope of acceptable investment activities for closed-ended investment entities.
Introduction -
On 12 November 2014 the...more
Proceedings from the courts’ seminar address some material uncertainties, but ambiguities — especially over Social Security — remain.
Catalonian Mercantile Courts recently held a seminar and reached a common...more
New rules will facilitate privately held companies’ access to bond financing and reassure Spanish investors.
On June 28, 2014, Law 10/2014, on the organization, supervision and solvency of credit institutions (Law...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
Luxembourg court decisions allow secured lenders to enforce Gecina share pledge.
A controversial insolvency dispute winding its way through courts in Spain and Luxembourg may reinforce the rights of secured lenders to...more
On November 30, 2013, the Spanish legislator approved a recent amendment to Spanish insolvency law, introduced in March 2013, to clarify that a claim transferred to Spanish “bad bank” Sareb, and subsequently sold by Sareb to...more
Proceedings from the Courts’ seminar on the homologation of refinancing agreements clarify some material uncertainties.*
Background -
As a result of a recent seminar, the Catalonian Mercantile Courts have...more
The Spanish Congress has approved important amendments into the so-called Spanish scheme of arrangements, to facilitate Spanish company refinancings.
The approval of Law 14/2013, 27 September on support for entrepreneurs...more