© 2021 Mariscal Abogados S.L.P. -. CIF B82934084 - recorded data : Volume 16351 of Section 8, Folio 134, Page M-277809.
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Rights of minority shareholders in LLCs and PLCs in Spain
/in Company Law /by Mariscal & AbogadosThe Spanish Companies Act stipulates some actions to protect the rights of minority shareholders to ensure the continuity of the company.
Energy Law in Spain (1): New regulation for grid connection and feed-in permits
/in Energy Law /by Pia V. KohrsRoyal Decree 1183/2020, of 29th December 2020, introduces relevant modifications on grid connection and feed-in permits for energy projects in Spain. An overview of the essential aspects of the new regulations.
PLCs and LLCs in Spain will qualify to hold General Shareholders’ Meetings exclusively through telematic means
/in Company Law /by Saphira MouzayekLaw 5/2021, dated 12 April, which amends the Revised Text of the Spanish Capital Companies Act, introduces the possibility of holding general shareholders’ meetings exclusively through telematic means.
The Role of the Managing Director Spain
/in Company Law /by Rosario RodríguezThe Board of Directors may appoint from its members a managing director and delegate to him all powers permitted by law. The following article describes the appointment procedure and details his or her powers according to Spanish law.
Spain’s new Act renews the focus on Startups
/in Sectors News /by Mariscal & AbogadosIn February 2021, Spain’s government announced its Entrepreneurial Strategy, including a new Startup Act, to make Spain a more entrepreneurial country by 2030. The ten-year plan involves 50 additional measures and will endow Spain with a powerful presence in Europe, whilst revitalising the economic sectors after COVID.
Timing rules in the calculation of collective dismissals
/in Labour and Employment Law /by Alejandra SanzThe new CJEU judgment questions the interpretation of Spanish case law regarding the calculation of collective dismissals thresholds, also known as ‘the timing rules’.
Spain applies new sanctions for failure to deposit annual accounts
/in Company Law /by Rosario RodríguezSpanish capital companies must submit their annual accounts to the General Meeting for approval and file them before the Commercial Registry. The entry into force of RD 2/2021 on 1/2/2021 opens the door to apply the sanction regime for failure to do so in due time.
What is a Cash Pooling Agreement?
/in Company Law /by Rosario RodríguezThe Cash Pooling agreement facilitates the financial operations of companies, especially when operating in different countries. It allows a daily set of automatic inter-company loans to optimize the group’s global position, obtaining a single balance for each bank with which it operates.
Particularities of the European order for payment procedure in Spain
/in Litigation & Arbitration /by Pia V. KohrsThe European order for payment procedure is a creditor-friendly procedure increasingly used for cross-border debt collection within the European Union. However, its successful implementation in Spain is sometimes more complicated than expected. Find out the best practices for conducting a European order for payment procedure in Spain!
The enforcement of financial guarantees in photovoltaic projects: The Royal Decree-law 23/2020
/in Energy Law /by Irene TerrazasRoyal Decree-law 23/2020 approves a new framework that identifies a series of steps to develop energy projects in Spain. It highlights a higher degree of compliance and certainty for the energy market but implies a higher level of risk for developers and investors.