Publications - Restructuring and Insolvency
A reference of the recent Law 26/2013, on savings banks and banking foundations, heads the new “Newsletter” on Restructuring & Insolvency. This regulation extends the concept of “financial institution” (related to the required majority for…
A brief summary of the new Insolvency Register comes out top in the new “Updates” on Restructuring & Insolvency. It also includes a reference to the latest Royal Decree-Law regarding supervision and solvency of financial institutions, which…
The bulletin contains an outstanding compilation of the latest judicial cases on insolvency proceeding and the latest publications on this field. Additionally, the bulletin includes a brief summary of Instruction 1/2013 of the Public Prosecutor’s…
REFORM OF THE SPANISH INSOLVENCY LAW BY LAW 14/2013, TO SUPPORT ENTREPRENEURS AND THEIR INTERNATIONALIZATION
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.
Today the Official State Gazette published Royal Decree-Law 4/2014 adopting urgent measures on business debt refinancing and restructuring.
Distressed companies in Spain have tended to shy away from formal insolvency mechanisms, leaving them to the very last minute, when it was already too late. This was very clearly the case when the nineteenth century bankruptcy law and the “…
New Legislation in Spain and Portugal