© 2015 Mariscal Abogados S.L.P. -. CIF B82934084 - recorded data : Volume 16351 of Section 8, Folio 134, Page M-277809.
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Representations and warranties insurance in the purchase and sale of companies in Spain
/in Mergers & Acquisitions /by Belén CregoThe use of representation and warranties insurance (R&W) is becoming more and more frequent in Spain in the field of the purchase and sale of companies. The premiums increase, costs reduction or process simplification are some of the reasons for their growth.
Why invest in abandoned villages in Spain?
/in Sectors News /by Mariscal & AbogadosImprovements to the availability of universal basic services and the reduction of the “digital divide” are key reasons for the increasing interest in rural areas in Spain. Solving the challenges presented by depopulation, ageing and the relocation of the younger generations from rural areas will improve investment opportunities.
Guide: the new working time register
/in Labour and Employment Law /by Alejandra SanzThe working time register is an amendment to Article 34 of the Workers’ Statute. This measure provides that companies in Spain must ensure compliance with the established limits on working time.
Responsibility of the construction agents to the landowners and the users
/in Real Estate /by Nicolás MelchiorArticle 17.1 in the Law of Construction Planning, “Responsibilities and guarantees,” regulates the civil responsibility of the agents involved in the construction process as well as the deadlines for dealing with them.
Notarial Deed of the General Shareholders’ Meeting in Spain
/in Company Law /by Mariscal & AbogadosAny shareholder holding a certain percentage of the company (5 % in the case of limited liability companies, and 1 % in the case of public limited companies, unless statutory provisions have reduced these percentages) is entitled to require the administrators to have a notary present to record the minutes of the general meeting.
Will the loss of passporting rights affect London’s status as the financial hub of the world ?
/in Sectors News /by Alberto ÁlvarezPassporting rights allow banks, companies and financial services firms to operate their business in any EU or European Economic Area country. Brexit would imply the loss of these rights, forcing these companies to leave the UK.
The commercial agent’s right to information and its exercise in legal proceedings
/in Commercial Debt Collection /by Luis Trigueros Von KorffThe provincial courts in Spain have divide views on the issue of the commercial agent’s right to information in legal proceedings. In this sense, the adequacy of the type of procedure depends on the province in which the lawsuit is filed.
The Deposit of Annual Accounts in Spain
/in Company Law /by Mariscal & AbogadosThe Law of Capital Companies in Spain establishes that administrators are responsible for depositing the annual accounts. Failing to do this may result in the imposition of sanctions on the company and the closing of its registry, which would prevent registration of the company’s acts and documents.
Construction Developer’s Duties and Responsibilities in Spain
/in Real Estate /by Nicolás MelchiorThe figure of the construction developer was not defined uniformly in Spanish legislation until the entry into force of the LOE. Article 9 establishes that a construction developer is understood as a promoter and what his obligations are, while Article 17 determines his civil liability regime.
Comparing the collective agreement negotiations in Spain
/in Labour and Employment Law /by Labour LawArticles 41 and 51 of the Labour Law in Spain establish the procedure to be followed in the negotiating of the conditions of an employee’s work contract, as well as in the case of its expiry, when said contract affects all workers.