Equity imbalance occurs when the accumulated losses reduce the equity to an amount less than half of the share capital (provided it is not appropriate to request the declaration of insolvency). The Spanish Companies Act (LSC) considers equity imbalance as grounds for the dissolution of the company.
The weeks working at Mariscal Abogados have truly been a valuable experience. It has allowed me to explore different areas, such as legal research, translating legal documents and articles, or …
Although the center of main interests of a company is presumably its registered office, courts admit refutation of this presumption if brought by the creditors.
Mariscal Abogados has advised Terradat Limited on its entry into the Spanish market through a joint venture with a local partner, providing full legal assistance throughout all phases of the transaction.
The procedure to conclude any contract between a Spanish Public Administration and a private company is subject to a particular legal regime. Specifically, Law 9/2017, of November 8th, on the …
The clauses of the deposit contract establish the conditions of the future real estate transaction. Among others: the description of the property, the identification of the parties or the conditions of the sale.
The horizontal property regime, the equivalent of the condominium in English, is established per se by the partition of a building or a housing development among several owners. However, its constitution through a master deed and its regulation by statutes or internal rules allows considering the particular needs of each homeowners association.
My four-month internship at Mariscal Abogados has been invaluable for my linguistic knowledge. I recommend this position to anyone looking to gain expertise in the Spanish legal system and expand …
A valid deposit contract for both parties must include, amongst other items: the conditions of sale (namely, price, means and conditions of payment, conditions of the property – physical, registry and administrative), and distribution of the expenses and financial obligations derived from the transaction.
It was necessary to create a specific regulatory framework for startups in Spain. They represent the basis of the new digital economy, create highly qualified jobs and have growth potential.
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