COVID-19: Additional measures and modifications to RDL 8/2020
1. Introduction On 30 January 2020 the World Health Organization (WHO) declared that COVID-19 involved a public health emergency of international importance. As a result of this crisis being increased, Spain, among other states, has taken certain measures restricting the freedom of movement of their citizens, limiting or restricting the entry of travellers from countries […]
Application of force majeure and hardship under Spanish law
Download the PDF document here The purpose of this memorandum is to address the impact of Covid-19 Coronavirus on the performance of contracts under Spanish law. In particular, we will address (i) force majeure principles, (ii) hardship rules, and (iii) MAC clauses in acquisition agreements and finance documents. 1. Context On 30 January 2020, […]
Asistencia financiera en sociedades anónimas: un caso de garantía atípica
Advice to leading foreign financing entity and the remaining banking pool on the refinancing of the financial debt of a French group specialized in the maintenance and sale of automotive accessories for an approximate amount of € 155,000,000.
Advice to two leading financing entities on the negotiation and signing of a syndicated loan for an approximate amount of € 145,000,000 granted to a bottling and selling company subsidiary of a holding company to finance the acquisition of a number of companies in Algeria.
“Coexistence of the measures concerning bankruptcy derived from the health crisis of the COVID-19 and the Restated Bankruptcy Law”
Rafael Bazán
