## [Restructuring & Insolvency Newsletter - October 2018](/pt/en_GB/new/restructuring-insolvency-newsletter-october-2018)
# Restructuring & Insolvency Newsletter - October 2018
Spain - 10 / 16 / 2018
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[**Garrigues analyzes the latest litigation funding trends in article 'Spain: Insolvency Litigation Funding'**](http://www.garrigues.com/en_GB/new/spain-insolvency-litigation-funding)
For another year running, Global Restructuring Review, top-notch publication specialized in cross-border restructuring and insolvency, selected Garrigues to contribute to The European, Middle Eastern and African Restructuring Review 2018. This year our specialists discussed insolvency litigation funding, a new type of finance which has already given rise to major transactions in Spain.
The [article](http://www.garrigues.com/sites/default/files/documents/spain_-_insolvency_litigation_funding_0.pdf) examines a few controversial issues such as disclosure of the funder’s existence and identity, security for costs and differences between litigation funding and the assignment of claims.
[**READ MORE**](http://www.garrigues.com/en_GB/new/spain-insolvency-litigation-funding)
## [**Judgments of interest**](http://www.garrigues.com/en_GB/new/restructuring-insolvency-newsletter-october-2018-judgments-interest)
- Collective layoff voided at Spanish branch of a company subject to German insolvency proceedings
- Following commencement of the liquidation phase, an insolvency practitioner fails in its duties by not substituting the debtor in proceedings under way
- Claims for personal income tax withholdings arise on payment of the wages
- A corporate group exists for insolvency purposes even if an individual or non-commercial company is at the pinnacle of the group
- The value of a REO property having to be clawed back is calculated by reference to its value on foreclosure of the mortgage
- EU legislation on unfair terms is not applicable to the assignment or purchase of consumer debts
[****READ MORE****](http://www.garrigues.com/en_GB/new/restructuring-insolvency-newsletter-october-2018-judgments-interest)
## [**News, publications and events**](http://www.garrigues.com/en_GB/new/restructuring-insolvency-newsletter-october-2018-news-and-events)
- Garrigues partner Juan Verdugo analyzes the recovery of non-performing loans in light of the recent decision by the Directorate-General of Registries and the Notarial Profession (DGRN) on issuing enforceable copies of public deeds
- Garrigues takes part in the main domestic and international restructuring and insolvency events
[**READ MORE**](http://www.garrigues.com/en_GB/new/restructuring-insolvency-newsletter-october-2018-news-and-events)
[Restructuring & Insolvency](/pt/en_GB/tags/restructuring-insolvency)
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This publication is provided for information purposes only and does not constitute legal advice or advice of any other kind. It does not seek to offer a comprehensive summary of the legislation and developments to which it refers nor to cover all published material, but rather to provide an overview of selected topics. It is therefore recommended that the official texts be consulted and specific professional advice be sought. Garrigues does not accept any liability for the use made of this information and assumes no obligation to update it after publication.
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[Madrid](https://www.garrigues.com/pt/en_GB/office/madrid)
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