Latest News

28 September, 2020

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 […]

9 July, 2020

The next day leases

One of the main mysteries of the time after the pandemic (of that long next day which is just starting) is how the business and commercial activity will be resumed. Will the life of offices, premises and buildings be the same as before? And if the likely answer is no, what the leases regulating those […]

11 June, 2020

Who are the great promises of business law?

Our lawyers Clara Mañoso (Labour) and Guillermo Bueno (Corporate) have been included today in the report on “Who are the great promises of business law” by Expansión Jurídico. The report, based on the results of the recently published rankings of the leading legal directory Chambers & Partners, highlight those associates entering the rankings and considered […]

5 June, 2020

Coexistence of the measures concerning bankruptcy derived from the health crisis of the COVID-19 and the Restated Bankruptcy Law

Since the declaration of the state of alarm on 14 March, a series of economic and social measures have been adopted to tackle the health crisis resulting from the COVID-19, which reach several areas, including bankruptcy. In addition, the government have finally completed the task pending since 2015 of producing the restatement of Insolvency Law […]

21 May, 2020

Tax risk on investments in Spain

The structure Private Equity funds and houses (and other investors) which come from out of the EU traditionally incorporate a subsidiary in EU Member State in order to be eligible for some exemptions for repatriation of dividends and payment of interest and royalties (from other subsidiaries resident in a EU jurisdiction).  These tax exemptions are […]

21 April, 2020

The Legal 500 2020 highlights Araoz & Rueda in seven areas of practice

The prestigious international legal directory The Legal 500 recognizes Araoz & Rueda as a leading firm in Europe in 2020. The Legal 500 has included Araoz & Rueda as a recommended firm in the following areas of practice: Banking & Finance, Corporate/M&A, Dispute Resolution, Employment, Real Estate and Construction, Projects and Energy and Tax. The […]

15 April, 2020

The exclusion of operators from public tendering due to infringements of competition law in Spain

The Spanish Law 9/2017 on Public Sector Procurement (“LPSP”) regulates the exclusion of operators from public tendering procedures (article 71 et seq). The LPSP transposes Directive 2014/24/ EU, which sets out on article 57 a number of mandatory and discretionary grounds for excluding an economic operator from public procurement procedures. The Directive considered anticompetitive conduct […]

18 March, 2020

Araoz & Rueda, recognized firm in Chambers Europe 2020

The prestigious Chambers & Partners Europe guide highlights one more year Araoz & Rueda as a leading firm in Europe in 2020. The following partners are recommended: Pedro Rueda (Tier 2) and Alejandro Fernández de Araoz (Corporate/M&A), Rafael Bazán (Tier 2, Banking & Finance), Alejandro Fernández de Araoz (Dispute Resolution), Ainhoa Veiga (Competition/European Law), Alfonso Suárez (Employment), Jesús Conde […]

16 March, 2020

COVID-19 epidemic: application of force majeure and hardship under Spanish law

1. Context On 30 January 2020, the World Health Organization (WHO) General Director declared the outbreak of CoViD-19 (also known as Coronavirus), a public health emergency of international concern (PHEIC). In addition, on 11 March 2020, the WHO has officially declared the Coronavirus a pandemic. Finally, the Spanish Government has declared the official “state of alarm” […]

20 February, 2020

Does the new early termination legal regime really impact on NPL’s transactions?

In principle, it may be believed that the new early termination legal regime provided for in Law 5/2019 of 15 March, regulating real estate credit agreements (“Ley de Contratos del Crédito Inmobiliario” or “LCCI”) could have a major impact on the sale of real estate portfolios and non-performing loans (“NPLs”). Indeed, with the new early […]