The Bankruptcy Law in Spain regulates the basic aspects and the deadlines within which companies should apply for bankruptcy when their situation does not allow them to fulfil their payment obligations on a regular basis.
Read the full article: Insolvency Proceeding versus Company Liquidation This article is not considered as legal advice
We analyze the numerous judgements of the High Court regarding the existence or not of transfer of undertaking when a company acquires a productive unit of another company in the liquidation phase of the insolvency proceedings.
Read the full article: Concept and purposes of the due diligence in Spain Read the full article: The importance of due diligence in business transfer operations This article is not considered as legal advice
I really enjoyed my experience with Mariscal & Abogados. It was a fantastic opportunity to learn about myself, the corporate world, and the Spanish legal system. The firm had a warm and welcoming environment that made me feel comfortable when I arrived. Colleagues were always happy to help and clarify any queries or questions I […]
In Spain, the Insolvency Law provides for the processing of express insolvency proceedings for those companies with no assets nor properties (or that are of a residual nature), with the corresponding savings in time and costs that ordinary insolvency proceedings would normally entail.
In times of crisis, companies may find themselves in a legal cause for dissolution. In this article, we analyse when they should initiate a bankruptcy proceeding and when they should opt for the dissolution and liquidation of the company.
At the end of the fiscal year, the administrators of the company are responsible for preparing the annual accounts, convene an ordinary general meeting to approve them and deposit the accounts at the Commercial Registry.
In order to boost the real estate market in Spain, the figure of the SOCIMI (real estate investment company) emerged in 2009. These are listed companies that principally carry out the acquisition, promotion, and restoration of leasehold urban assets.
This article is not considered as legal advice