Prejudgment Seizure Report in Debt Collection Procedures in SpainThis article provides a concise overview of various methods for enforcing legal demands in different types of debt collection proceedings in Spain: ordinary civil proceedings, civil proceedings involving exchanges or checks, and civil proceedings involving a summons.Read more
Features of the Enforcement of Bank Guarantees in SpainThe strict reading of Article 97.2 may harm a creditor with a debtor-specific guarantee, as it implies automatic extinguishment without additional criteria. Unfortunately, the current wording doesn’t support a discretionary judge interpretation, posing a risk of guarantee extinguishment without due consideration.Read more
Procedures to retrieve a heritage in SpainTo determine the assets of a deceased party in Spain, take the following steps: create an account on the Registry of Movable Assets website to access their registered assets, and check for company ownership and financial status through the Registry of Commerce using the same process.Read more
The extinction of the Management Contract in SpainThe employment agreement for executive managers in Spain is governed by the provisions outlined in Royal Decree 1382/85 of August 1, which regulates the unique employment relationship of executive managers.Read more
Manager’s Liability within the Framework of Bankruptcy Proceedings in SpainThe recent Spanish Bankruptcy Law expands the examination of company managers’ liability, supplementing existing provisions in the Public Limited Company and Limited Liability Company Laws, as well as the Criminal Code, within the context of corporate crime. It introduces a classification section in bankruptcy proceedings where the judge assesses the involvement of company managers in the company’s bankruptcy situation.Read more
