Pros and cons of the arbitration clause in business contractsThe arbitration clause in commercial contracts allows the parties to submit the resolution of any disputes to the decision of an arbitration court. Its pros and cons need an assessment on a case-by-case basis.Read more
Key points of the share purchase agreement in SpainRead the full article: The Share Purchase Agreement (Signing and Closing)
The commercial agent’s right to information and its exercise in legal proceedingsThe 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.Read more
The Domain Sales Contract in SpainThe domain sales proceedings present a series of technical steps which must be clearly reflected in the sales contract. Only in this way can be guaranteed both the effectiveness and the success of the operation.Read more
The essential terms of the distribution contract in SpainThe content of a distribution contract depends, inter alia, on the covered territory and on exclusivity obligations. In any case, and with regards to an international contract, if the product is to be distributed in Spain, the terms shall comply with Community law and Spanish regulations.Read more
Things to know about the distribution contract in SpainDistribution, based on the purchase of goods from a supplier and the subsequent resale of the goods by a distributor, is an effective means of entering a new market through the distributor´s network of local clients.Read more
Terms and choice of jurisdiction in SpainThe terms and conditions must be transferred demonstrably. Central provisions such as the choice of law or jurisdiction are contained only in the terms and conditions. Therefore rightful inclusion of terms and conditions (best by brief confirmation in a slim framework agreement) guarantees these central provisions.Read more
Special Legislation for Particular Goods in SpainAt times, the standard or regular laws on advertisements are not sufficient with regard to several types of products. This is usually because these products relate to health or they are products that are used frequently and therefore need more regulation. This is usually the case with products such as alcohol, tobacco, pharmaceuticals, etc. The laws on advertisement concerning pharmaceuticals are especially strict and detailed to ensure that no misleading advertisements are published.Read more
Spain combats Money LaunderingThe fight against money laundering focuses on eliminating the laundering of funds or assets obtained through illegal activities. Not only are credit institutions and investment service companies obliged to comply with national and international legislation, but so are notaries, lawyers, and prosecutors.Read more
Initiation of an Entrepreneurial Activity in SpainBy means of Law 14/2013 (“Entrepreneurs Law”), Spain has undertaken different reforms to create growth and employment and promote the initiation of entrepreneurial activities. Some of these measures include the constitution of a company by public deed, the incorporation of a limited liability company using the DUE and the CIRCE systems without using their model bylaws and the discharge and onset of the activity of individual entrepreneurs and commercial corporations.Read more
