##  [Restructuring & Insolvency Work Updates 4-2013 ](/en_GB/new/restructuring-insolvency-work-updates-4-2013) 

# Restructuring & Insolvency Work Updates 4-2013 





07 / 31 / 2013

















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[R&amp;I Work Updates 4-2013

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This bulletin contains the latest judgments passed by the Supreme Court on insolvency matters, as well as a selection of rulings approving refinancing agreements and extending those to dissenting lenders under the so-called “Spanish scheme” tool.





The bulletin also highlights two judicial decisions that came to the attention of legal market: the first one concerning the quorum of Creditors Meeting when secured creditors supported in advance a Creditors Arrangement, and the second one ordering interim measures against the lenders jointly with a “concurso” order.

**1. CASE COMMENTARIES** *JUDGMENT dated July 11, 2013 rendered by Alicante Commercial Court no. 1*   
Arts. 116.4, 118.3 and 123 LC.-- Quorum for convening a creditors’ meeting. Preferred creditors that have signed up to an arrangement form part of the quorum for convening the meeting.

*DECISION dated June 14, 2013 rendered by Madrid Commercial Court no. 2*

**2. HEADNOTES**

**3. PUBLICATIONS**















 

 



 

 

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