Reform 3/2009 to the Spanish Insolvency Law

In Spain, the Insolvency Law 22/2003 underwent recent reform with Royal Decree Law 3/2009 (March 27), responding to the global economic crisis. Originally enacted during economic prosperity, the law’s deficiencies over six years prompted modifications in the reform.

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Melanie Glover, June – September 2009

PDF- M.-Cooley-Law-School-Magazine-Winter-2009 Mariscal Abogados provides law students with the opportunity to expand on his/her substantive and practical legal education by practcing alongside an experienced team of attorneys. Melanie gained experience in …

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Steps when buying a property in Spain

The great variety of landscapes, excellent weather conditions, captivating history, delicious gastronomic offer and enthusiastic inhabits push more and more foreign citizens to not only spend their summer but furthermore buying a property in Spain. It is always advisable to rely on experienced Spanish lawyers to guarantee the success of the purchase.

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International Purchases. The questions of which law applies?

In international transactions, a common concern is determining the applicable law for a sales contract involving parties from different countries. Unfortunately, many international agreements lack a crucial element known as a choice of law provision. The absence of this clause can lead to unforeseen complications, particularly in the realm of debt collection, causing challenges for both parties.

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Rules and regulatins

The regulation in defence of competition in Spain

Spain’s competition defense is governed by Law 15/2007, enacted on July 3, which revamped the system and created the National Commission of Competition. Effective from September 1, 2007, the law emphasizes procedural aspects, especially the Clemency Program, providing exemption and fine reduction for companies collaborating against cartels.

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