Regulation Concerning Temporary Transfer of Workers Abroad

Article 40 of the Workers’ Statute, when speaking of geographical mobility states that The transfer of workers who have not been hired specifically to provide services in companies with mobile work places or to travel to a different workplace of the same company, which requires a change of residence, must be justified for economic, technical, […]

Contract Spain

New Incoterms Rules for International Contracts

Incoterms are trade terms arising from business practices whose scope is limited to the rights and obligations of sellers and buyers in sales contracts. They are not laws, but rules and recommendations which facilitate international commercial trade. Incoterms rules were first published in 1936 by the International Chamber of Commerce and in general are reviewed […]

Creditors’ compulsory liquidation proceedings in Spain

Unlike creditors’ voluntary liquidation proceedings which are commenced by the debtor, creditors’ compulsory liquidation proceedings in Spain are those which are requested by a legitimate creditor in accordance with Article 3.1 of the Law 22/2003 (the Insolvency Act). The Insolvency Act defines insolvency as when the debtor is unable to regularly comply with his obligations when they become due and payable (liquidity […]