Linklaters´ partner Ben Crosse explains that one of the biggest recent legal developments affecting the banking and finance sector in Spain was the revision of the Spanish insolvency act, which allows companies to impose solutions on dissenting creditors.

In these cases, the law allows the individual enforcement to continue, but it is doubly limited.

After overcoming a crisis that shook the foundations of the Spanish banking system, financial institutions face an even greater challenge in the years to come.

A new milestone has been reached in the reform process of the Spanish Insolvency Act.

Toda & Nel-lo sponsored the National Restructuring Congress organised by Tirant Formación, where Manuela Serrano spoke as a panellist addressing the main challenges of the current corporate restructuring framework.

The Bankruptcy Proceedings Act in article 178 bis provides a beneficial procedure for exemption from unpaid debt for debtors.

Today the Royal Decree-Law 16/2020, of April 28, has been published in the BOE on procedural and organizational measures to deal with COVID-19 in the sphere of Administration of Justice.

En estos casos la ley permite continuar con la ejecución separada, pero la misma se halla doblemente limitada.

The second, more limited theory is of the view that there is only a corporate succession with regard to the transferred employees.

<P>There have been significant legislative developments in the Spanish judicial system over the last few years. These developments began with the enactment of the Civil Procedure Act 7/2000, of 2000, which entered into force in 2001, repealing the old Civil Procedure Act of 1881.</P>

More businesses in Spain and Portugal instructing white collar crime lawyers as investigations into financial mismanagement during the crisis increase.

Hoy se ha publicado en el BOE el Real Decreto-ley 16/2020, de 28 de abril, de medidas procesales y organizativas para hacer frente al COVID-19 en el ámbito de la Administración de Justicia.

General counsel are under intense pressure to do as much work as possible in-house to save money, if law firms want to win instructions they must become increasingly focused.

A look at how the Spanish Insolvency Act 2004 creates possibilities for rescue within insolvency proceedings.

La legislación española, a través del Texto Refundido de la Ley Concursal (TRLC), ha consolidado una figura de enorme valor para empresas en dificultades o en riesgo de insolvencia: el Plan de Reestructuración...

Spain enacted urgent measures to facilitate restructurings of companies that, under the previous regime, might have been forced to enter into an insolvency process.

Insolvency Law can hardly reconcile business preservation and creditors satisfaction, so it usually sacrifices one or the other principle being therefore qualified as more or less debtor friendly.

Law 19/2003, published in the Spanish Official Gazette dated 5<SUP>th</SUP> July 2003, includes in its Third Additional Disposition the normative that, amending Spanish Law 13/1985 on investment coefficients, equity and information obligation of financial intermediaries, rules preferred securities under Spanish legislation

On October 1, 2015, the Public Sector Legal Regime Act (Ley 40/2015, 1 de octubre, de Régimen Jurídico del Sector Público) ("PSLR Act") was passed by the Spanish Parliament.

In the reinsurance context, a usual query that arises in almost any single reinsurance transaction or contract where some money ...