PublicationsCommentaries

Commentaries list 

  • Tax Commentary 2-2014 4/9/2014 Practice Area Report by the committee of experts on the reform of the Spanish tax system. Report by the committee of experts on the reform of the Spanish tax system. The report’s stated aim is to set out a number of tax reforms that will allow for fiscal consolidation and make for a more competitive economy, bring up savings and raise employment, while keeping the tax system in line with the public debt forecasts at all times. In keeping with these objectives, it sets a general aim to shift the tax burden from direct tax and social security contributions to indirect and environmental taxes, by setting out proposals aimed at rearranging and simplifying the bases of all taxes, currently limited by numerous exemptions, reductions and tax credits.
  • Shanghai Commentary 1-2014 4/9/2014 Practice Area Following the trial of reforming the registered capital regime in Shenzhen city and Zhuhai city of Guangdong province in the early 2013 and in Shanghai Free Trade Zone launched last September, the Standing Committee of National People’s Congress of China, on December 28, 2013, promulgated the amendment of PRC Company Law (“Company Law Amendment 2013”), which took effect from March 1, 2014 to implement the reform of registered capital regime nationwide.
  • Labour Commentary 5-2014 4/8/2014 Practice Area The Spanish social security authorities’ interpretation concerning contributions for various items following amendment of article 109 of the General Social Security Law
  • Restructuring and Insolvency Work Commentary 1-2014 3/12/2014 Practice Area On Saturday, March 8, the Official State Gazette published Royal Decree-Law 4/2014 adopting urgent measures on business debt refinancing and restructuring.
  • Labour Commentary 4-2014 3/6/2014 Practice Area This document gives a brief overview of the key new elements introduced by Royal Decree-Law 3/2014, of February 28, 2014, on urgent measures to foster employment and permanent contracts.
  • Labour Updates 3-2014 2/6/2014 Practice Area This Newsletter offers a brief overview of the most notable elements introduced by some of the labor and employment legislation published recently
  • Labour Updates 1-2014 2/5/2014 Practice Area This Newsletter briefly describes the most important elements introduced by Order ESS/2518/2013, of December 26, 2013, on the training elements of vocational training and apprenticeship contracts, in implementation of Royal Decree 1529/2012, of November 8, 2012, implementing vocational training and apprenticeship contracts.
  • Labour Updates 2-2014 2/5/2014 Practice Area Final Provision number 3 of Royal Decree-Law 16/2013, of December 20, on measures to encourage stable hiring and improve the employability of workers, amended the wording of Article 109 of the General Social Security Law (“LGSS”), with respect to computable items in the Social Security contribution base.
  • Energy Updates 1-2014 1/30/2014 Practice Area December 27, 2013 saw the publication in the Official State Gazette of Law 24/2013, of December 26, 2013 (hereinafter, “Law 24/2013”, “LSE” or the “law”).
  • Labour Updates 17-2013 12/30/2013 Practice Area As in previous years, the 2014 General State Budget Law (Law 22/2013, of December 23, 2013 or the “Budget Law”) contains new labor and employment and social security legislation. The following pieces of legislation have also been published: Royal Decree 1046/2013, of December 27, 2013, setting the National Minimum Wage for 2014, Royal Decree 1045/2013, of December 27, 2013, on the revaluation of pensions in the social security system and other public welfare benefits for 2014 and Royal Decree 1043/2013, of December 27, 2013, on the revaluation of pensions and pension supplements for economically inactive persons in 2014. This newsletter summarizes the key elements introduced in the above pieces of legislation.
  • Labour Updates 16-2013 12/27/2013 Practice Area Law 23/2013, of december 23, 2013 on the sustainability factor and the revaluation index in the social security pensions system
  • Labour Updates 15-2013 12/23/2013 Practice Area ROYAL DECREE-LAW 16/2013, OF DECEMBER 20, 2013 ON MEASURES TO ENCOURAGE STABLE HIRING AND IMPROVE THE EMPLOYABILITY OF WORKERS
  • Commentary Polska - Banking & Finance 1-2013 12/20/2013 Practice Area Derivative transactions executed on or after August 16, 2012 and outstanding on the February 12, 2014 will be required to be reported to Trade Repositories on February 12, 2014 according to the state current for previous working day
  • Corporate Responsibility / Sustaninability Updates - December 2013 12/19/2013 Practice Area The Equator Principles are a voluntary credit risk management framework for determining, assessing and managing environmental and social risk in project finance transactions.
  • Restructuring and Insolvency Work 12/10/2013 Practice Area As usual, the bulletin contains an outstanding compilation of the latest judicial cases on insolvency proceedings and the latest publications by our professionals on this field.
  • Labour Updates 14 -2013 12/6/2013 Practice Area This newsletter sets out a summary of the key elements to be considered from a labor and employment law standpoint of Legislative Royal Decree 1/2013, of November 29, 2013 approving the Revised General Law on rights of persons with disabilities and their social inclusion, published in the Official State Gazette on December 3, 2013.
  • Pharma Updates 2-2013 11/26/2013 Practice Area Directive 2011/62/EU, of 8 June 2011 (the “Directive”), amending Directive 2001/83/EC on the Community code relating to medicinal products for human use, as regards the prevention of the entry into the legal supply chain of falsified medicinal products, regulates at EU level, among other matters, the basic requirements to be incorporated by Member States into their national laws for establishing an adequate system for controlling and monitoring procedures for the sale of non-prescription medicinal products to the public through websites.
  • Tax Commentary 1-2013 11/25/2013 Practice Area Law 16/2013, of October 29, 2013, Establishing Certain Measures on Environmental Taxation and Taking other Tax and Financial Measures (Law 16/2013 or the Environmental Taxation Law) was published on October 30, 2013 in the Official State Gazette.
  • Labour Updates 12-2013 11/25/2013 Practice Area ROYAL DECREE 908/2013, OF NOVEMBER 22, 2013 ESTABLISHING SPECIAL RULES ON THE GRANT OF EXTRAORDINARY AID TO WORKERS AFFECTED BY COMPANY RESTRUCTURING PROCESSES
  • Labour Updates 11-2013 11/20/2013 Practice Area DECISION OF NOVEMBER 8, 2013, OF THE DIRECTORATE GENERAL FOR EMPLOYMENT, PUBLISHING THE LIST OF PUBLIC HOLIDAYS FOR YEAR 2014