Mariscal Abogados

Spain starts using online judicial auctions

Since October 2015, a website brings together notarial and judicial auctions in Spain. A citizen with prior registration and deposit will be able to consult and participate in an auction. Auctions affect both real estate and personal property, including those that would have been mortgaged.

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Out-of-Court Settlement & Modification to the Bankruptcy Act

An out-of-court settlement is a legal arrangement between parties outside of court and without a trial. Some of its benefits are the reduction in expenses and stress, its greater privacy, its predictability, finality and flexibility. In Spain, the modification to the Bankruptcy Act has introduced out-of-court settlement as an alternative to contestations and formal refinancing agreements.

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French-Spanish Legal Dictionary

The French- Spanish legal dictionary provides the translation of over 2,500 legal terms and expressions from French to Spanish and vice versa and an update of the legal issues in Spain.

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The limitation period for actions to reclaim debts in Spain

In October 2015, the limitation period for actions to reclaim debts and obligations involving business relations as well as for the provision of services in Spain has been reduced when there is a contract and law does not specify a particular deadline. This measure will affect numerous legal actions.

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