Non-refundable contributions are an effective and immediate mechanism for injecting funds into a company. Its purpose may be to solve the company’s financial imbalance, provide liquidity to the company or undertake a specific project. Unlike capital increases, non-refundable contributions do not require formalization in a public deed, nor registration with the Commercial Registry.
ERTE for COVID-19 resurgence in Spain, how should the company apply for it?
/in Labour and Employment Law /by Alejandra SanzThe Royal Decree-law 24/2020 of 26 June provides for specific labour measures to mitigate the impact of the new pandemic outbreaks on the activity of companies in Spain: ERTEs on the grounds of force majeure and ERTE due “to resurgence” of COVID-19.
Do you know the alternatives to enter the Spanish market?
/in Infographics /by Mariscal & Abogados InfographicsRead the full article: Company formation or acquisition of a company in Spain? This article is not considered as legal advice
Company claims for Undue Payments to Workers
/in Labour and Employment Law /by Alejandra SanzThe basis to claim an undue payment appears in articles 1895 and 1901 of the Spanish Civil Code and resides in the legal obligation between a person who receives what he/she is not entitled to and the entity that makes the payment by mistake.
Isabella Suplicy, June – August 2020
/in Law Internships /by Mariscal & AbogadosAs a Double Degree student studying Spanish law and European law, I knew I wanted my final year internship to incorporate the multinational aspect of my diploma. This is why I chose Mariscal & Abogados as the law firm in which to complete 3 months of a legal internship and the experience was more than […]
Corporate crimes in Spain
/in Company Law /by Company LawThe growing relevance of companies, their partners, and administrators as economic actors has also introduced the proliferation of corporate crimes such as false accounting, abusive and harmful agreements, or the denial of corporate rights.
Steps to buy your property in Spain
/in Infographics /by Mariscal & Abogados InfographicsThe steps to follow to buy your property in Spain are 4. The first one is to verify the ownership of the property, its situation and urban ranking at the Registry of Ownership.
Non-refundable Contributions by Shareholders in Spain
/in Company Law /by José María MesaNon-refundable contributions are an effective and immediate mechanism for injecting funds into a company. Its purpose may be to solve the company’s financial imbalance, provide liquidity to the company or undertake a specific project. Unlike capital increases, non-refundable contributions do not require formalization in a public deed, nor registration with the Commercial Registry.
Informative Note: The new Insolvency Law (RDL 1/2020)
/in Insolvency and Restructuring /by José María MesaIn the following informative note, we address the Royal Legislative Decree 1/2020, of 5 May, that approves the redrafted text of the Insolvency Law, and revises its structure and key characteristics.
The use of an arbitration clause in business contracts
/in Business Law /by Business LawThe 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.
Transfer of business in Spain: assets or share purchase agreement?
/in Infographics /by Mariscal & Abogados InfographicsRead the full article: The sale of businesses through a contract of direct trade of shares Read the full article: The transfer of businesses under the asset purchase agreement This article is not considered as legal advice