## [Updates Corporate June 2012](/en_GB/new/updates-corporate-june-2012) # Updates Corporate June 2012 06 / 24 / 2012 - - [](https://www.linkedin.com/sharing/share-offsite/?url=https://www.garrigues.com/en_GB/new/updates-corporate-june-2012) - []() - []() [Download Updates Corporate 2012 ![Download](/sites/default/files/inline-images/flecha-abajo.png)](/sites/default/files/noticias/files/Updates-Corporate-June-2012_1.pdf) Previous Next Law 1/2012 of June 22, 2012 (“Law 1/2012”) was published in the Official State Gazette on June 23, 2012. The new law came into force on June 24, 2012 repeals Royal Decree-Law 9/2012, and amends Legislative Royal Decree 1/2010 of July 2, 2010, approving the revised Corporate Enterprises Law, and Law 3/2009 of April 3, 2009, on structural modifications to capital companies, as well as Securities Market Law 24/1988, of July 28, 1988. Although the bulk of the amendments originate from Royal Decree-Law 9/2012 of March 16, 2012, with one or two technical improvements or precisions, in this newsletter we focus on the most important amendments, which are to the Corporate Enterprises Law and the Securities Market Law: **1. TEMPORARY REMOVAL OF SHAREHOLDER’S EXIT RIGHT WHERE NO DISTRIBUTION OF EARNINGS 2\. REFORM OF THE CORPORATE ENTERPRISES LAW AND SECURITIES MARKET LAW AS REGARDS VOTING RIGHTS RESTRICTIONS AND TENDER OFFER PRICES** ### Contact ![](/sites/default/files/styles/medium/public/team/photo/10011699.jpg?itok=FBe83oFx) [Javier Ybañez](/en_GB/team/javier-ybanez-rubio) ![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact]() - +34 91 514 52 00 [Madrid](https://www.garrigues.com/en_GB/office/madrid) [Find more professionals](../team) ### Related services - [Corporate and M&A ](/en_GB/services/corporate-and-ma) - ## Find a publication - [Administrative and Constitutional Law](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1422) - [Agribusiness and Food](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1417) - [Automotive](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1419) - [Banking and Finance](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1443) - [Corporate and M&A](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1441) - [Corporate Governance and Sustainable Development](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A12823) - [Criminal Law and Internal Investigations](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1434) - [Data Economy, Privacy and Cybersecurity](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A10913) - [Dispute Resolution: Litigation and Arbitration](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1412) - [Energy](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A10916) - [EU and Antitrust Law](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1416) - [Family Business](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1413) - [Fashion Law](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1435) - [Financial Regulation](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A10915) - [G-advisory](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A12821) - [Human Capital Services](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1431) - [Infrastructure](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A10914) - [Insurance](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1438) - [Intellectual Property](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1421) - [Labor and Employment](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1424) - [Life Sciences and Healthcare](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1429) - [Media and Entertainment](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1433) - [Planning, Zoning and Environment](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1444) - [Private Equity](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1439) - [Real Estate](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A10927) - [Restructuring and Insolvency](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1420) - [Securities Markets](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1442) - [Sports](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1430) - [Startups & Open innovation](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1426) - [Sustainability](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A10921) - [Tax](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1425) - [Technology, Communications and Digital](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1436) - [Tourism and Hotels](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1432) - [Transport, Logistics and Shipping](/en_GB/markdownify/node/4538?f%5B0%5D=service%3A1428) Facet Services detail - [Publications](/en_GB/markdownify/node/4538?f%5B0%5D=publication_type%3A794) - [Newsletters](/en_GB/markdownify/node/4538?f%5B0%5D=publication_type%3A107) - [Garrigues collection](/en_GB/markdownify/node/4538?f%5B0%5D=publication_type%3A101) - [Laws: amendments at a glance](/en_GB/markdownify/node/4538?f%5B0%5D=publication_type%3A104) - [News](/en_GB/markdownify/node/4538?f%5B0%5D=publication_type%3A105) Facet Publication type detail Min Max ## News search engine