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The latest legal & fiscal advice from our experts
October 23, 2014
Over the summer, the Spanish Government initiated a procedure with the goal of updating the Companies Act. This reform is aimed at improving general transparency in Listed Companies. However, in the text of the reform there are several changes that are relevant for any company. The purpose of this note is to list the changes […]
October 7, 2014
In recent months, an idea is spreading in the press that is not accurate from a legal point of view, as the judicial approval of a creditor agreement is being equated with an exit from the Bankruptcy Procedure. This perspective does not have any legal basis. According to the Spanish Bankruptcy Act, the opening of […]
September 29, 2014
The shareholders of any company provide it with the resources for the development of its corporate purpose. These resources are the Corporate Capital which is the guarantee of the company with the creditors. Therefore, the partners acquire at the time of the subscription of the Company shares the obligation to pay. That payment can be […]