CBD, a chemical in the Cannabis sativa plant, has gained popularity in Spain and other countries due to its medicinal properties. The Court of Justice of the European Union has approved its sale. Despite limited regulation in Spain, there are adequate control mechanisms for CBD sales.
The novelties introduced by the new Law 15/2022 aim to prevent and eradicate discrimination in all areas of society when workers are on temporary disability leave.
The Spanish insolvency reform reduces the liability of company directors for the obligation to convene the general meeting on the grounds of dissolution. The court’s knowledge of negotiations with creditors limits the directors’ liability for corporate debts.
An owner who considers that a decision of the Board of Owners of the condominium owners’ association to which he belongs is detrimental to his interests or entails a severe detriment that he has no obligation to bear may challenge it through the courts.
The Spanish Horizontal Property Law provides condominium owners association (COA) with two specific legal actions against defaulting co-owners or nuisance occupants. One of them is the order for payment procedure.
Opening of a bank account for the establishment of a Spanish branch in Spain is only mandatory if the branch will be granted funds.
The Create and Grow Law is a boost for small and medium-sized companies (SMEs) in Spain, designed to remove obstacles to economic activities, reduce late payment practices in business transactions, and provide financial support for business growth.
The Spanish Horizontal Property Law provides for two specific actions for the condominium owners association in the event of nuisance or delinquent co-owners or occupants. One of them is the action for cessation.
The franchise agreement enhances the franchisor’s distribution of products and provision of services and enables the franchisor to create a uniform commercial distribution network.
The concept of loyalty shares was heavily involved in the subsequent changes to the reform of the Spanish Companies Act (Ley de Sociedades de Capital). Its introduction aims to reinforce the attractiveness of the corporate regime in Spain to investors.
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