Judicial Approval and Challenges to Restructuring Plans in Spain
The judicial approval of a restructuring plan represents a vital mechanism for the debtor, protecting essential business aspects necessary to ensure survival.
The Phantom Shares: A Strategic Tool of Venture Capital Funds
Phantom Shares are innovative incentives that mimic stock ownership without transferring actual ownership, offering beneficiaries future payments linked to business success. Discover how Phantom Shares drive talent retention and growth in venture capital funds.
FOCO and Next-Tech Funds in Spain: Opportunities for Foreign Venture Capital Funds
As part of the efforts to stimulate the digital economy in Spain, the FOCO and Next-Tech Funds represent an appealing opportunity for foreign investors seeking to access the Spanish market and capitalize on its growth potential.
Requirements and Procedures for Accessing the Benefits of the Startup Law in Spain
The innovation and scalability characteristics of companies aiming to benefit from the Startup Law have recently been defined and developed in Order PCM/825/2023 of 20 July. It establishes the general presumptions and characteristics that startup applicants must meet to qualify and be certified as “startups” by ENISA.
Spain: An Attractive Destination for Foreign Venture Capital Funds
Spain is consolidating as an increasingly attractive destination for Venture Capital Funds. Economic stability, internal market consistency, and governmental support, among other factors, drive a constant growth in profitability for both national and foreign investors.
Key Clauses in Investment Rounds
In an investment round of a startup, the shareholders usually sign an investment and/or a shareholders’ agreement to establish the guidelines for their arising relationship. Although the specifics may differ based on each company and its shareholders, these agreements usually contain some key clauses. In this article, Carla Rissmann provides an explanation of the content and purpose of these clauses.
The Economic Unit: Fundamental Pillar in Partial Spin-offs
The economic unit encompasses the active and passive elements constituting a ‘company’ or ‘autonomous productive unit’ within the company. The transfer of an authentic economic unit is an essential requirement for partial spin-offs in Spain.
Key Issues and Clauses for Venture Capital Funds in Financing Rounds
Venture capital funds provide companies with the necessary liquidity for their growth and development, typically through a process known as a funding round. In these processes, it is essential to assess the key issues and contractual clauses that these entities must consider to ensure the success of their investments.
Critical Considerations for Startups During Funding Rounds
Securing capital is vital for startup success, and funding round are pivotal. Clear objectives, meeting diverse investors, precise structuring, legal compliance, thorough due diligence, and transparent negotiation are crucial.
Differences between mergers and spin-offs in Spain
Merger and spin-offs of companies in Spain are two corporate restructuring operations. Law 3/2009 defines and differentiates each of these transactions, determining the procedure to follow for the proper execution in each case.
