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.
Guarantees in Spanish Commercial Leases: What to Consider?
/in Real Estate /by Real EstateThe LAU does not impose restrictions on additional guarantees in commercial leases in Spain, thus allowing the parties to negotiate the terms on a personalized basis.
Amendments to the Spanish Commercial Registry Regulations
/in Company Law /by Company LawDigital transformation is essential for an efficient, modern and competitive domestic market. The operation of businesses in Spain is significantly reliant on the Regulations of the Commercial Registry, which bear the responsibility of registering and propagating all acts and documents related to them. In June 2023, a substantial revision was made to Spain’s Regulations of […]
How to obtain a VASP licence
/in Infographics /by Mariscal & Abogados InfographicsThe VASP license entails a registration procedure with the Bank of Spain for companies intending to engage in cryptocurrency-related activities in Spain. To successfully obtain the VASP license, companies must gather and submit various required documents and forms.
Law firms as escrow agents in business transactions
/in Business Law /by Irene TerrazasAn 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.
General conditions of sale in Spain
/in Business Law /by Marcia PonceThe 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.
Differences between mergers and spin-offs in Spain
/in Mergers & Acquisitions /by Marcia PonceMerger 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.
Recruiting Highly Qualified Professionals in Spain
/in Labour and Employment Law /by Virginia RamirezIn recent years, Spain has implemented various legislative changes in the realm of immigration, all geared towards facilitating the recruitment of Highly Qualified Professionals. These changes involve easing the criteria that companies must fulfill and implementing a more efficient processing procedure.
New Spanish law on Structural Modifications of Commercial Companies
/in Company Law /by Company LawRoyal Decree-Law 5/2023 includes new regulations regardomg Law 3/2009 and introduces standard provisions applicable to all structural modifications of commercial companies, and specific adaptations for each type of operation.
Global transfer of assets and liabilities in Spain
/in Mergers & Acquisitions /by Marcia PonceThe global transfer of assets and liabilities is a type of corporate restructuring transaction that differs from similar operations in various ways, including its consideration. The straightforward nature of this procedure makes it a popular choice for companies seeking to transfer ownership or wind up their operations.
Mariscal Abogados wins the Team of the Year in Sustainability Award 2023
/in Press Releases /by Mariscal & AbogadosWinning the Sustainability Team of the Year award is a significant recognition, highlighting the expertise of Mariscal Abogados in legal aspects of sustainability and their innovation in setting new industry standards.