Shareholders’ Attendance at General Meetings in Spain
According to Article 179 of the Companies Act, shareholders of limited liability companies (“S.L.”) may attend the general meeting. The bylaws of limited liability companies cannot establish a minimum number of represented shares to attend general meetings.
Common Measures for Collective Agreements in Spain
Property executions necessary for a business activity cease for up to four months from the debtor’s initial communication with the court regarding negotiations with creditors. This pause aims to facilitate successful agreements and prevent the accumulation of executions by uncooperative creditors.
Ordinary and Extraordinary Meeting in the Spanish Company
In a Spanish company, general board meetings can be ordinary or extraordinary based on the topics. A meeting is universal if any issue is valid without prior notice, with all shareholders present or represented and unanimous agreement. It can be held anywhere, nationally or internationally.
Training Contracts in Spain Not Linked to Certificates
Section two of the eighth transitional provision of Law 3/2012, of July 6, 2012, on urgent measures to reform the labour market regulates contracts for training and learning that do …
Seniority Applicable to Staffing Services Contract in Spain
This article first explains what the staffing services contract consists of, and then it assesses how seniority applies to indemnification in this type of contract. Article 6 of Law 14/1994, …
The Process and Requirements of the Bankruptcy Mediator in Spain
On December 13, 2013, the Spanish Council of Ministers adopted the Royal Decree on the Development of the Determined Aspects of Law 5/2012, of July 6, 2012, on Mediation in …
New Measures to Improve Stable Hiring and Employability in Spain
On December 21, 2013, the Spanish Legal Bulletin (BOE) published the Royal Decree Law 16/2013, of December 21, on measures to promote stable hiring and improve the employability of workers, …
Simplification of the Rights of Shareholders in Spain
On June 23, the Spanish Legal Bulletin (BOE) released Law 1/2012, amending reporting and documentation obligations for company mergers and divisions. These changes, affecting the Capital Companies Act, notably highlight a shareholder’s right to withdraw if a company opts not to distribute profits.
On air tonight: a Spanish lawyer on TV
Mariscal Abogados received an invitation to provide insights on a prominent television program in Spain. The focus of the discussion was the contentious and sensitive topic of granting citizenship to investors in select European Union countries.
Labour Measures in Support of Approved Entrepreneurs in Spain
On September 28, 2013, the Spanish Legal Bulletin (BOE) published Law 14/2013, of September 27, to support entrepreneurs and internationalization (also known as the Entrepreneurs Support Act). Despite some delay …
