Restructuring & Insolvency
The CJEU announces its decision on asymmetric jurisdiction clauses: impact on financing agreements
In a very relevant judgment, the European Court of Justice analyzed the validity of asymmetric jurisdiction clauses, commonly used in different kinds of agreements and whereby one of the parties is obliged to bring disputes before specific courts while the other has greater flexibility to choose. The judgment has key implications for legal certainty in financial and commercial agreements within the EU.Spain: Twenty new features of electronic judicial auctions in the Organic Law on efficiency measures in the public justice system
The new regulation contains major new provisions for electronic auctions applying to proceedings commencing on or after April 3, 2025. We have drawn up a table summarizing the twenty key changes to bear in mind.NPLs in Spain, Portugal and Latin America: more selective deals and increasing activity in secondary markets and debt servicing industry
In the first three quarters of 2023, we saw investors adopting a more selective and specialized approach in their NPL investments, increasing their appetite for unlikely-to-pay (UTP) and reperforming loans (RPLs).