Assignment of receivables and legal standing: are there expansive effects of arbitration in Spain?
Assignments of receivables is an act where a creditor transfers the ownership of the rights to receivables to a third person.
Assignments of receivables is an act where a creditor transfers the ownership of the rights to receivables to a third person.
Spain is a very attractive destination for foreign direct investment, not only foreign investments have helped develop high economic valued sectors as the automotive, biotechnology and agri-food industries, but also support the real estate sector, that is still very relevant.
Venture capital (risk capital) or private equity is a financial instrument that allows receiving or participating companies to obtain the capital resources required for the development of their projects.
The joint liability of a foreign parent company concerning employee claims of its Spanish subsidiaries will be determined by the court, taking into consideration the relationship between the parent company and the subsidiary.
Venture capital (risk capital funds) can provide significant sources of funding to SMEs, in addition to prestige and credibility from gaining the support of this type of fund.
In order to safeguard and protect the property and inheritance rights in Spain, an estate has legal standing to sue and be sued.
Article 168 of the Corporations Act in Spain establishes that minority shareholders of a company may request that the directors of the company to convene a general meeting. They may also request the accounting documents of the company for their consideration.
Any citizen can participate in funding through the crowdfunding. Participatory Financing platforms must meet certain financial requirements as well as requirements concerning the exercise of their activity.
In Spain, the signature between the parties to a franchise contract is not governed by any specific law and must be performed at the end of the contracting period. It is therefore advisable to consult an expert lawyer in the franchising field before signing any document.
Courts in Spain have given judgments against controversial high-risk financial products offered by numerous banks, obliging banks to pay back the investment of their clients.