25 2023 Law firms as escrow agents

Law firms as escrow agents in business transactions

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.

33 2023 General Conditions of Sale or GCS in Spain

General conditions of sale in Spain

The 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.

60 2022 Merger and spin-offs of companies

Differences between mergers and spin-offs in Spain

Merger 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.

48 2023 Recruitment of Highly Qualified Professionals

Recruiting Highly Qualified Professionals in Spain

In 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.

47 2023 Structural modifications of commercial companies

New Spanish law on Structural Modifications of Commercial Companies

Royal 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.

17 2023 Global transfer of assets and liabilities

Global transfer of assets and liabilities in Spain

The 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.

39 2022 M&A agreements

Types of agreements in M&A transactions

Contracts make the agreements between parties legally binding and provide certainty to their relationships. In the area of mergers and acquisitions in Spain, it is crucial to be familiar with the most common types of contracts, which can differ depending on the specifics of the transaction.

40 2023 Recruiting highly qualified workers

Permits for hiring highly qualified non-European workers in Spain

Since the implementation force of the Entrepreneurs Law, there has been a substantial surge in the recruitment of highly qualified professionals from outside the EU. Furthermore, there has been a notable increase in worker mobility between corporate groups and heightened investment in movable and immovable property by non-EU nationals.

21 2023 Challenging the list of creditors

Challenging the list of creditors in Spain

Challenging the list of creditors refers to the legal process of questioning or contesting the inclusion or exclusion of specific creditors in a compiled list within an insolvency proceeding or arrangement with creditors. It allows parties, such as creditors, to dispute the accuracy, legitimacy, or completeness of the creditor list submitted by the debtor or the insolvency administration.