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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Spain > Legal Developments > Finance > Law firm and leading lawyer rankings

Editorial

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

 

SPANISH LEGAL ASPECTS OF THE TRADING OF NON-PERFORMING LOANS

July 2012 - Finance. Legal Developments by PEREZ-LLORCA.

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Spain has recently been referred to as one of the "hottest" European countries in terms of debt sales, specifically of non-performing loans. This should not come as a surprise in a scenario in which independent audits as of June 2012 revealed a EUR 62 billion capital shortfall in Spanish banks and in which the Spanish rate of non-performing loans stayed above eight per cent of all loans.

Spanish Bankruptcy Act reform

December 2011 - Finance. Legal Developments by Adarve CorporaciĂłn JurĂ­dica .

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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.

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. 

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)

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