Lenders, Spain | JD Supra

European NPLs: Market earns welcome breathing room

White & Case LLP on 10/11/2023

The ongoing decline in NPL volumes in 2022 and pivot towards smaller disposals leave European lenders well positioned to withstand adverse economic conditions. Lenders are enjoying the fruits of their labours. Having...more

Important Arbitration Decision for Lenders

A&O Shearman on 9/15/2020

Project Finance Lender Can Claim Directly Against State Under Investment Treaty - A recent decision of an arbitral tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes...more

Spanish new legal framework for mortgage services business: challenges and opportunities

A&O Shearman on 6/18/2019

On 29 A?pril 2019 the Spanish government approved Royal Decree 309/2019, which develops certain key areas of Law 5/2019, which regulates real estate credit. Although the main purpose of these new rules is to regulate...more

The EU loan syndication impact assessment is out: more competition scrutiny ahead?

White & Case LLP on 4/15/2019

Setting the scene The long anticipated European Commission (DG COMP) report on "EU loan syndication and its impact on competition in credit markets" (see here) has finally been published. The study primarily focuses on the...more

Spanish Stamp Duty on mortgages: is the drama over?

A&O Shearman on 11/16/2018

Background - On 10 October 2018, the Spanish Supreme Court issued a ruling changing its traditional criterion and establishing that the lenders (and not the borrowers) would be liable for the payment of the stamp duty...more

Spanish Supreme Court changes its criteria: Mortgagees will be now liable for the stamp duty triggered by the creation of...

A&O Shearman on 10/22/2018

The Spanish Supreme Court has just issued a ruling establishing that the lenders (and not the borrowers) are liable for the payment of the stamp duty triggered by the creation of the mortgages securing financings. ...more