Inversiones extranjeras: impacto de la nueva normativa en las financiaciones intragrupo
Luces y sombras del proyecto de Reglamento de la Administración Concursal
Code of Good Practices for debt renegotiation with public guarantee (aval público)
On 13 March 2021, Royal Decree-Law 5/2021, of 12 March, on extraordinary measures to support business solvency to tackle COVID-19 pandemic (the “RDL 5/2021”), was published in the Spanish Official Gazette (Boletín Oficial del Estado). Measures to support business solvency approved during the last year and, in particular, those envisaged in RDL 5/2021 for an […]
Measures to support solvency introduced by Royal Decree Law 34/2020
Following the declaration of the state of alarm on 14 March 2020, a series of economic and social measures were adopted to tackle the health crisis resulting from the COVID through the adoption of various royal decrees-laws. In this context, the approval of, among others, took place: Royal Decree-Law 8/2020 of 17 March on urgent […]
Modifications in bankruptcy regulations introduced by Law 3/2020
Following the declaration of the state of alarm on 14 March 2020, a series of economic and social measures were adopted to tackle the health crisis resulting from the COVID through the adoption of various royal decrees-laws, which reached several areas, including bankruptcy. In this context, Royal Decree Law 16/2020, of 28 April, on procedural […]
Measures relating to COVID-19: update with the latest regulation
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 with outbreaks […]
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, […]