Commercial contracts in Spain are governed by the Code of Commerce. Knowing its legislation is fundamental to carry out any operation in a secure way such as acquisitions and sales of companies, joint ventures, OPAs, OPVs, commercial sales as well as any kind of contract (representation, commercial distribution, national sale of merchandise, intra and extra EU, etc.).

25 2023 Law firms as escrow agents

Law firms as escrow agents in business transactions

An escrow agreement is a contract between 3 parties: the buyer, the seller, and an impartial third party called the escrow agent. The escrow agent holds money or assets until certain terms of the agreement are met. Law firms can act as escrow agents, providing agility, security, trust and cost savings in business-to-business transactions.

33 2023 General Conditions of Sale or GCS in Spain

General conditions of sale in Spain

The General Conditions of Sale constitute a fundamental contractual document for any company that wishes to operate in the Spanish market. These conditions vary depending on the type of client and the company’s sector of activity.

43 2022 The sale of CBD in Spain

Is the sale of CBD legal in Spain?

Cannabidiol (CBD) is a chemical substance found in the Cannabis sativa plant, commonly known as cannabis or hemp. Its consumption has grown in popularity in recent years in several countries, including Spain. Cannabidiol stands out for its medicinal and therapeutic properties, which is why the Court of Justice of the European Union (CEJEU) has approved […]

Customer compensation

Customer compensation in the agency contract in Spain

The agency contract is a widely used distribution contract in Spain. The Agency Contract Law regulates it, providing several compensations for the agent in case of termination by the entrepreneur. Customer compensation is the most characteristic among those various compensations.

The arbitration clause in business contracts

The use of an arbitration clause in business contracts

The arbitration clause allows the parties to the contract to submit disputes arising from the contract to an arbitration court. To be valid, the clause must meet several requirements and its utility should be determined by balancing its advantages with its disadvantages.

MAC (“material adverse change”) clauses

MAC or Material Adverse Change Clauses

With widespread application in M&A transactions, MAC clauses are a very useful instrument since, as a rule, they allow the buyer to withdraw from a transaction in case of significant adverse changes that discourage the economic aim of the contract.

Force majeure and rebus sic stantibus clauses

Force Majeure and Rebus Sic Stantibus Clauses in the context of the COVID-19 Crisis

Force majeure and rebus sic stantibus clauses are particularly relevant in the context of the COVID-19 health crisis. These legal instruments allow for a modification of the terms of contracts in extraordinary and unpredictable circumstances such as at present.

agente comercial

The commercial agent’s right to information and its exercise in legal proceedings

The provincial courts in Spain have divide views on the issue of the commercial agent’s right to information in legal proceedings. In this sense, the adequacy of the type of procedure depends on the province in which the lawsuit is filed.

mercado internacional

The Piggyback agreement for exporting companies

The Piggyback agreement is a form of business collaboration agreement where a company willing to move into a new market uses another company’s distribution network in exchange for a commission.

contrato de trabajo en españa

The Domain Sales Contract in Spain

The domain sales proceedings present a series of technical steps which must be clearly reflected in the sales contract. Only in this way can be guaranteed both the effectiveness and the success of the operation.