seguro y garantías sociedades

Representations and warranties insurance in the purchase and sale of companies in Spain

The 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.

Abandoned villages in Spain

Why invest in abandoned villages in Spain?

Improvements 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.

registro de jornada laboral

Guide: the new working time register

The 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.

construcción

Responsibility of the construction agents to the landowners and the users

Article 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.

acta notarial

Notarial Deed of the General Shareholders’ Meeting in Spain

Any 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.

Brexit & Passporting Rights

Will the loss of passporting rights affect London’s status as the financial hub of the world ? 

Passporting 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.

agente comercial

The commercial agent’s right to information and its exercise in legal proceedings

The 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.

registro mercantil

The Deposit of Annual Accounts in Spain

The 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.

developer

Construction Developer’s Duties and Responsibilities in Spain

The 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 collective negotiations

Comparing the collective agreement negotiations in Spain

Articles 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.