Pre-insolvency, an alternative for the survival of the company
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.
Christmas hamper in Spain, a vested right? Dismantling myths
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.
Permanence agreements in companies linked to financed training
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.
The EPC contract versus the EPCM contract
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.
Promotion of new business models in the energy sector in Spain
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.
Objectives and advantages of pre-insolvency proceedings in Spain
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.
Procedural measures in Spain, the Law 3/2020
This informative note deals with the procedural and organizational measures to deal with COVID-19 in the field of the Administration of Justice in Spain, as included in Law 3/2020, of 18 September. We analyze its chapters and summarize their most relevant points.
Promotion of the energy reform in Spain: the Royal Decree-law 23/2020
Royal Decree-Law 23/2020 approves energy measures for economic recovery after the COVID-19 crisis and represents a boost for renewable energies (RES-E) and the energy transition in Spain.
Temporary Layoff Procedure (ERTE) in Spain: Royal Decree-law 30/2020
The Royal Decree-law 30/2020 on social measures in defense of employment addresses extensions for force majeure Temporary Redundancy Plans, as well as Temporary Redundancy Plans due to economic, technical, organizational, or production reasons linked to COVID-19. It also introduces Temporary Redundancy Plans for impeded or limited activities.
Can the company issue or receive invoices in foreign languages or currencies?
The tax regulation in Spain (Royal Decree 1619/2012) establishes the language and currency to invoice. The language of invoices The company can issue and receive invoices in any of the …
