GDPR ChecklistThe breach of the new regulation can give rise to sanctions of up to 20 million euros or 4% of the total global business volume of a company. It would also mean a serious reputational damage for the company.Read more
The representative of body corporate director cannot be a de facto directorA director is any natural or legal person, who, directly or through representation, exercises the management or administration functions of a company.Read more
How to prevent the paralysis of corporate bodies in SpainThe dissolution of capital companies based on the paralysis of corporate bodies is a question to be answered on a case-by-case basis, since the legal requirement to apply this measure is different according to the state in which the body finds itself.Read more
Duties and functions of members of the Board of Directors in capital companiesWithin the Board of Administration of the capital companies exist distinct responsibilities to which are attributed a series of particular functions. Regarding the distribution of positions within a Board of Directors, it is important to have clear distributions to the President, the Secretary and the rest of the members of the Board of Directors (members).Read more
Preliminary Draft of the Corporate Confidentiality Act in SpainThe new legislation extends the protection of the business secrets to the so-called “infringing goods”. This refers to those products and services whose design, characteristics, functioning, production process or marketing significantly benefit from business secrets unlawfully disclosed, exploited or acquired.Read more
