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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Articles contributed by Garrigues

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CHANGES IN THE REGIME GOVERNING RESTRICTIONS ON VOTING RIGHTS AT SPANISH LISTED COMPANIES

October 2010 - Corporate & Commercial. Legal Developments by Garrigues.

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On June 17, 2010, following a rough and eventful passage through Parliament, the Lower House of the Spanish Parliament finally approved a transcendental amendment to the Spanish Corporations Law (to article 105.2) affecting only listed corporations: a prohibition on voting ceilings for a same shareholder (or companies in the same group), regardless of the number of shares they own. 

REORGANIZATIONS OF BIOTECH FIRMS

October 2010 - EU & Competition. Legal Developments by Garrigues.

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In spite of the M&A downturn both globally and in the healthcare industry in particular, 2008 saw a twofold increase in the volume of deals involving biotech firms. Judging from the news that emerged during 2009 and in light of recent surveys, this trend looks set to continue and the outlook is undoubtedly rosy, above all in pharmaceutical R&D. 

MERGER PROCESSES OF SAVINGS BANKS:

October 2010 - Finance. Legal Developments by Garrigues.

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LEGAL ISSUES ON THE RESTRUCTURING OF THE FINANCIAL SECTOR IN SPAIN 

The Spanish Insolvency Law

October 2010 - Finance. Legal Developments by Garrigues.

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The Spanish Insolvency Law (Ley Concursal) attempts to reconcile two conflicting aims: on the one hand, the traditional aim pursued by formal insolvency processes of satisfying creditors by levying collective, orderly and universal execution against the debtor’s assets, and on the other, the more modern aim of preserving the company. 

Antitrust Newsletter 18 (December 2009)

January 2010 - Corporate & Commercial. Legal Developments by Garrigues.

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Antitrust Newsletter 18 (December 2009)

Financial Market Updates

February 2009 - Finance. Legal Developments by Garrigues.

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As published in the Spanish Official State Gazette on November 8, the Executive Committee of the Fund for Acquisition of Financial Assets (the “Fund”) has convened the first two auctions for the acquisition of assets for November 20 and December 11, with the following characteristics. (See attached document)

The pain in Spain

February 2009 - Litigation & Dispute Resolution. Legal Developments by Garrigues.

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The approval of the Concurso Law (Ley Concursal) in Spain on 9 July, 2003 was the realisation of a long sought-after aspiration in Spanish property law – namely the reform of the legal instruments for dealing with distressed businesses. Today, only a few years later, day-to-day practice shows that some of the old problems are resurfacing.