Creditors with at least 5% of liabilities can request a judge to appoint an insolvency administrator for a report in case of insolvency without assets. Note that the requesting creditors will cover the administrator’s fees.
Currently, few regulations govern the cryptocurrency sector in Spain. There is a legal vacuum, so companies working with cryptocurrencies are not subject to strict supervision or control by public institutions.
The drafting of the business agreement is a fundamental step in the sale of businesses because it contains the elements that will define the development of the transaction and its success. Are you aware of the clauses to include?