Legal500

Garrigues

HERMOSILLA 3, 28001 MADRID, SPAIN

Tel:: Work +34 91 514 52 00
Fax:: Fax +34 91 399 24 08

Web:: www.garrigues.com

Zaragoza, Warsaw, Vitoria, Vigo, Valladolid, Valencia , and 28 more

Contacts
Antonio Garrigues (chairman)
Fernando Vives
Ricardo Gómez (managing partners)

Languages
Arabic
Catalan
Chinese
English
French
German
Italian
Japanese
Portuguese

Other offices
27 offices in Spain
Bogota*
Brussels
Buenos Aires*
Casablanca
Lima*
Lisbon
London
Medellin*
Mexico DF*
New York
Oporto
Santiago de Chile*
Shanghai
Tangiers
Warsaw

*In association with Affinitas
Mijares Angoitia Cortes y Fuentes, S.C. (México DF)
Bruchou, Fernández Madero & Lombardi (Buenos Aires)
Barros & Errázuriz (Santiago de Chile)
Gómez-Pinzón (Bogota, Medellin)
Miranda & Amado (Lima)

Number of lawyers 2,000+

Above material supplied by Garrigues.

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Legal Developments by:
Garrigues

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

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.

- Garrigues

Legal Developments in Spain

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

Spanish Bankruptcy Act reform

Chapter IV, Title III of the Bankruptcy Act (hereinafter, the "BA") regulates the filing of actions against the activity of debtors declared bankrupt in order to return to the bankrupt estate certain assets which the legislator considers should never have been taken away.

- Adarve Corporación Jurídica
Contesting the candidates is only possible during the social elections procedure

The employer has the possibility to contest the candidate lists in the event that a candidate does not comply with the conditions for eligibility. The Supreme Court recently confirmed that this is only possible within the strict terms provided in the social elections procedure.

- Claeys & Engels, member of Ius Laboris
RIVERO & GUSTAFSON ABOGADOS September Newsletter

Commercial

- Rivero & Gustafson Abogados
COLLECTIVE BARGAINING AGREEMENT AND COLLECTIVE BARGAINING

Urgent Measures for the reform of collective bargaining.

- Rivero & Gustafson Abogados
Newsletter May 2011

Commercial …………………………. Strengthening Financial System Law on a Sustainable Economy

- Rivero & Gustafson Abogados
Newsletter January 2011

(1) Mercantile: Liberalizing actions in the tax and labor areas in order to encourage investment and create employment. (2) Litigation: Reform of the Penal Code (Organic Law 5/2010 of June 22). (3) Labor: Paternity Leave. Maintenance of employment and professional training. IPREM and SMI for 2011. Self Employed Workers. Pensions. Placement Agencies. (4) Tax: Changes: personal income tax, company tax, income tax for non residents, tax on patrimony transfers and documented legal acts, VAT.

- Rivero & Gustafson Abogados
The evidence of foreign law: The Spanish Supreme Court’s Judgment of 24 June 2010

We live in a globalized world where people, goods and money can move freely between national borders. It is perfectly possibly to buy a computer manufactured in Tokyo from a sales company established in Bangladesh, while sitting outdoors on a terrace in Rome. In this context, with transnational commerce and business relations constantly expanding, it is logical that international litigation is becoming increasingly commonplace.

- PEREZ-LLORCA
Special Labor Reform Newsletter

LAW 35/2010, OF SEPTEMBER 17, ON URGENT MEASURESFOR THE REFORM OF THE LABOR MARKET

- Rivero & Gustafson Abogados
CHANGES IN THE REGIME GOVERNING RESTRICTIONS ON VOTING RIGHTS AT SPANISH LISTED COMPANIES

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.

- Garrigues
REORGANIZATIONS OF BIOTECH FIRMS

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.

- Garrigues