March 2012 › Legal Services Spain

The shareholder’s right to withdrawal in Spain for non distribution of dividends

Article 93 a) of the Spanish Companies Law (LSC in Spanish) expressly recognizes the shareholders’ entitlement to participate in company profit-sharing. Nevertheless, it is not an automatic entitlement, since, in principle, …

Key points of the labour reform in Spain

Despite various labor reforms in our country, the anticipated positive outcomes have not materialized. Unemployment figures for 2012 remain below expectations, and escalating financial pressures in the Eurozone and Spanish debt heighten uncertainty. The effectiveness of the new law remains to be seen, as we await its impact on meeting expectations.

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