The COVID- 19 health crisis has led to delays in the Spanish courts due to its paralysation during the State of Alarm. In the coming months, the Administration of Justice should adapt to the new normality and anticipate a possible increase in litigation and insolvency proceedings, mainly from 2021.
Pre-insolvency is a procedure defined in Article 5 of the Insolvency Law in Spain as a final extension for the company to redirect its financial/economic situation.
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Christmas hampers are not regarded, per se, as a vested right of workers. However, the specific circumstances of its regulation in each company need to be analysed case by case.
The objective of permanence agreements in companies linked to financed training is twofold: to promote a greater degree of specialization of the employees and to ensure the recovery of the expenditure. However, agreements must observe some legal requirements to be valid.
One of the advantages of the pre-insolvency proceedings is that it stops the execution of judicial enforcement of properties and rights so that the company can continue with its professional activity.
Determining the ideal contract for an EPC (Engineering, Procurement, and Construction) project has a direct effect on the risks and costs of the project and can condition the efficiency of the execution of the work.
The Royal Decree-law 23/2020 regulates new business models for participating in the electricity system in Spain so far not sufficiently ruled: storage, hybridization, aggregation, and renewable energy communities.
Corporate crimes provide for the punishment of company directors for their infringements and abuses of power.
The crisis may drive companies into insolvency. In these cases, the management body must adopt the fairest solution for all creditors, with the purpose to resolve the critical situation of the company. Pre-insolvency may be an alternative.
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