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
The new regulation limits the mobility of workers providing services in sectors that currently qualify as non-essential.
On 29 March 2020, the Spanish Official Gazette (BOE) published Royal Decree-Law 10/2020 of 29 March...more
The Spanish government adopts a new Royal Decree-Law which amends the FDI screening system approved at the beginning of the COVID-19 crisis.
On 17 March, Royal Decree-Law 8/2020 suspended the liberalisation of foreign...more
The new Royal Decree-Law contains measures affecting real estate, finance, and corporate matters as well as the right of consumers to terminate certain agreements.
On 1 April, the Spanish Government’s Council of Ministers...more
The Resolution contains the terms and conditions of the first tranche of the ICO Guarantee Line for businesses and self-employed persons, in order to mitigate the economic impact of COVID-19.
On 26 March 2020, Spain’s...more
Esta regulación limita la movilidad de los trabajadores que prestan servicios en los sectores calificados actualmente como no esenciales.
El 29 de marzo de 2020, se publicó en el Boletín Oficial del Estado el Real...more
Real Decreto-ley 9/2020 por el que se adoptan medidas laborales adicionales para paliar los efectos del COVID-19 -
El 17 de marzo de 2020, el Consejo de Ministros aprobó el Real Decreto-ley 8/2020 de medidas urgentes y...more
Spanish Government Approves Additional Labor Measures to Mitigate the Impact of COVID-19 -
On 17 March 2020, the Council of Ministers approved Royal Decree-law 8/2020, of urgent and extraordinary measures to mitigate the...more
The Royal Decree-Law contains measures touching on labor, tax, insolvency, corporate, and finance matters, among others.
Following the approval by the Spanish Government of the state of alarm last 14 March to manage the...more
El Real Decreto-Ley contiene medidas en materia laboral, fiscal, concursal, mercantil, y financiera, entre otras.
Tras el decreto del estado de alarma aprobado por el Gobierno de España el pasado 14 de marzo para la...more
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
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
The change provides clarity regarding the pledges over credit rights, restoring pledges as effective and efficient security interests.
The Spanish legislator has finally enacted the long-awaited reform to Article 90.1.6º...more
New rules relax certain structural and procedural legal restrictions, helping Spanish companies access debt capital markets.
On 27 April 2015, the Spanish parliament passed Law 5/2015, of 27 April, of corporate finance...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
Royal Decree Law 4/2014, intended to promote efficiency in Spanish insolvency proceedings, is officially enacted with some important updates.
The Spanish legislature has finally enacted Royal Decree Law 4/2014 (the...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
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