The new measures seek to overcome the expected high rate of insolvency, refinancing, and corporate disputes arising from the COVID-19 crisis.
The Spanish government approved Royal Decree-Law 16/2020 on 28 April, which...more
The Directive will require Spain to adapt key areas of the Spanish Insolvency Act, affecting the rights of debtors, creditors, and shareholders.
On 26 June 2019, Directive (EU) 2019/1023 of the European Parliament and of...more
The change provides clarity regarding the pledges over credit rights, restoring pledges as effective and efficient security interests.
The Spanish legislator has finally enacted the long-awaited reform to Article 90.1.6º...more
Royal Decree Law 4/2014, intended to promote efficiency in Spanish insolvency proceedings, is officially enacted with some important updates.
The Spanish legislature has finally enacted Royal Decree Law 4/2014 (the...more
A second round of material reforms should encourage the viability of distressed companies in Spain.
Royal Decree Law 11/2014 (the New Reform) is another clear effort to decrease the number of insolvent companies which...more
Proceedings from the courts’ seminar address some material uncertainties, but ambiguities — especially over Social Security — remain.
Catalonian Mercantile Courts recently held a seminar and reached a common...more
The Royal Decree Law 4/2014 of 7 March significantly amends the Spanish Insolvency Law, ostensibly in favor of refinancing agreements.
With the approval of Royal Decree Law 4/2014 of 7 March on urgent measures...more
Luxembourg court decisions allow secured lenders to enforce Gecina share pledge.
A controversial insolvency dispute winding its way through courts in Spain and Luxembourg may reinforce the rights of secured lenders to...more
Proceedings from the Courts’ seminar on the homologation of refinancing agreements clarify some material uncertainties.*
Background -
As a result of a recent seminar, the Catalonian Mercantile Courts have...more
The Spanish Congress has approved important amendments into the so-called Spanish scheme of arrangements, to facilitate Spanish company refinancings.
The approval of Law 14/2013, 27 September on support for entrepreneurs...more