News & Analysis as of

Spain Investors

Vinson & Elkins LLP

A(nother) Turning Point for Intra-EU ECT Disputes?

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Two ICSID tribunals have recently upheld Spain’s intra-European Union (EU) jurisdictional objections in two arbitrations pursuant to the Energy Charter Treaty (“ECT”). Both cases arise out of Spain’s decision to modify its...more

K2 Integrity

[Webinar] Family-Owned Businesses in Italy and Spain: Opportunities and Pitfalls for International Investors - October 29th, 1:00...

K2 Integrity on

Family-owned businesses continue to play a significant role in the Italian and Spanish economies, accounting for more than 80 percent of all enterprises and around 60 percent of GDP in both countries. In the aftermath of the...more

White & Case LLP

Spain’s renewable energy industry readies for refinancing

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Spain’s renewable energy industry is performing better than ever. According to Redeia, the country’s grid operator, Spain generated nearly 60 percent of its electricity from renewable energy over the first six months of 2024,...more

Hogan Lovells

Spain’s exit of the Energy Charter Treaty is official: what now?

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The Energy Charter Treaty and the Protocol were signed in December 1994 to promote international investment in the energy sector. On 16 April 2024, Spain gave written notice of its decision to withdraw from the ECT and on 14...more

White & Case LLP

A corridor of opportunity: deal flow between Mexico and Spain

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In a difficult M&A market, deal flow between Mexico and Spain has continued to deliver opportunities for dealmakers in both jurisdictions. Both markets have faced challenges over the past 12 months, with rising interest...more

McDermott Will & Emery

Investing in Healthcare & Life Sciences - An International Guide to Regulatory and Transactional Issues Across the Sector -...

McDermott Will & Emery on

As macroeconomic forces and geopolitical dynamics continue to shape the M&A and investment climate globally, health and life sciences transactions continue to remain high priority sectors presenting both high growth and...more

Hogan Lovells

CNMV restricts advertising of CFDs and limits trading in other leveraged instruments

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The Spanish Securities Market Commission (Comisión Nacional del Mercado de Valores, the “CNMV”) has issued a resolution whereby it prohibits the advertising of financial contracts for difference (“CFDs”) to retail investors...more

Jenner & Block

English Court Thwarts Spain’s Latest Attempt to Resist Enforcement of ECT Awards

Jenner & Block on

Some readers will be familiar with the many claims made against Spain for the alleged violation of its obligations to foreign investors under the Energy Charter Treaty (the ECT). In May 2023, the English Commercial Court...more

White & Case LLP

Foreign direct investment reviews 2023: A global perspective

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Now in its seventh year of annual publication, White & Case's Foreign Direct Investment Reviews provides a comprehensive look into rapidly evolving foreign direct investment (FDI) laws and regulations in approximately 40...more

Latham & Watkins LLP

Green Power and the Protections of Intra-EU Energy Investment

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The tribunal in Green Power v. Kingdom of Spain declined jurisdiction, finding that the parties had not validly consented to arbitration under the Energy Charter Treaty. A tribunal seated in Sweden has become the first...more

White & Case LLP

Foreign direct investment reviews 2021: Spain

White & Case LLP on

Measures enacted to protect the Spanish economy against the COVID-19 crisis may persist longer than expected - The exceptional circumstances brought about by the COVID-19 outbreak led the Spanish government to enact a...more

World Law Group

Doing Business in Spain - Spain's Top Investment and FDI Attractions

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1. What is the current business climate in your jurisdiction including major political, economic and/or legal activities on the horizon in your country that could have a big impact on businesses? Spain is the 14th-largest...more

White & Case LLP

Top considerations –EMEA Tax trends impacting Private Equity Real Estate in 2021

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White & Case has advised a large number of high-profile international clients on cutting-edge, cross-border and domestic private equity real estate deals, providing valuable strategic tax insight to a broad range of investors...more

World Law Group

2021 Venture Capital Guide - Spain

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World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers more than 30 jurisdictions on investment approval processes, typical investment sectors and investment structures on Venture...more

White & Case LLP

Short selling bans and market restrictions – Considerations for investors (Updated May 2020)

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A number of regulators across the globe responded to recent market volatility by introducing temporary short selling bans and/or market restrictions. Such bans have since expired as of 18 May 2020. Other regulators (including...more

White & Case LLP

Short selling bans and market restrictions – Considerations for investors

White & Case LLP on

A number of regulators across the globe have responded to recent market volatility by introducing temporary short selling bans and/or market restrictions. Other regulators (including the UK) say that there is no evidence to...more

A&O Shearman

Investors' rights of protection against Venezuela's sovereign debt default

A&O Shearman on

On 13 November 2017, it was confirmed that Venezuela had defaulted on its sovereign debt after failing to meet the deadline for payment of US$200m of interest on its sovereign bonds due in 2019 and 2024.1 It is expected...more

Latham & Watkins LLP

What Does COP-21 Mean for Business?

Latham & Watkins LLP on

6 Answers From Around the Globe - The historic COP-21 Paris Agreement on climate change is the first major development in the climate area at the international level since adoption of the Kyoto Protocol in 1997. ...more

King & Spalding

Not Quite Left Out to Dry: Remedies Under International Investment Treaties Available to Renewable Energy Investors Harmed by...

King & Spalding on

In recent years, project developers, investment funds, and energy companies have invested heavily in renewable energy as a result of incentive programs offered in the legislation of countries such as Germany, Spain, and...more

Akin Gump Strauss Hauer & Feld LLP

The Rise in Arbitration Claims Filed by Renewable Energy Investors Under the Energy Charter Treaty

In the past three years, the number of claims filed by renewable energy investors under the Energy Charter Treaty (ECT) has risen significantly. In particular, Spain, who had been the subject of only a handful of...more

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