Newsletter USA 2/2012
Garrigues is pleased to present its eighth issue of “News”. Prepared by our New York office, “News” highlights Spanish legal and tax issues that may be of interest to you or your clients. In this issue, we take special attention to the Spanish Financial reform, new regulations in corporate and tax legislation, payment plans for the public deficit and capital markets new rules on public tender offers.
For further discussion regarding any of these topics, please call Garrigues New York or your usual Garrigues contact.
BANKING & FINANCE: SPANISH FINANCIAL SECTOR REFORM
REGULATORY: NEW BANK OF SPAIN’S REPORTING RULES FOR SPANISH RESIDENTS REGARDING FOREIGN TRANSACTIONS
PUBLIC DEBT: THE SO CALLED “MONTORO PLAN”
TAX: NEW MEASURES TO REDUCE THE SPANISH BUDGET DEFICIT
CORPORATE: TEMPORARY SUSPENSION OF THE SHAREHOLDERS’ RIGHT OF WITHDRAWAL IN THE EVENT OF NO DIVIDEND DISTRIBUTION
CAPITAL MARKETS: PRICE OF PUBLIC TENDER OFFERS