The deadline for the communication of credit by the foreign creditor is one month after the publication of the declaration of bankruptcy in the Spanish Official Gazette (BOE). Although it is not mandatory, the foreign creditor should make such communication for its qualification and subsequent payment.
Declaring insolvency proceedings in Spain entails its consideration as “main bankruptcy” and implies the inclusion of the debtor’s assets, regardless of whether or not they are in Spain, and that, with certain exceptions, Spanish law applies.
The entry into force of Royal Decree-Law 32/2021, of 28th December, aims to finish with the temporary employment and job insecurity in Spain. The rule presumes all indefinite contracts and establishes a new regulation of temporary contracts and their requirements.
Royal Decree-Law 32/2021 comes into force to finish with temporary and precarious employment in Spain. This new regulation establishes that all employment contracts concluded in Spain are indefinite and sets out the requirements and circumstances of temporary contracts.
Green hydrogen appears to be a hot topic in the renewable energy sector. Many argue that Spain could be the ideal place for developing these projects, thanks to its plenty of sun and available land. Learn more about the legal framework for the development of “green hydrogen production projects in Spain.
In Spain, private companies with between 50 and 249 workers need to implement whistleblowing to report criminal, unethical or irregular behaviour by the company, its employees, or third parties. The four-year period to do it ends on 17 December 2023.
In Spain, with the entry into force of Royal Decree-Law 6/2019, of 1st March, any company with over 50 workers must register an Equality Plan. Failure to comply with this rule will cause administrative sanctions.
The changes introduced by Royal Decree-Law 23/2020 and Royal Decree 1183/2020 include important innovations regarding the future identification of free network capacity for energy projects in Spain and grant important benefits in cases of hybridization of projects. The new regulation also provides clarity in the case of modification of projects that already have grid connection and feed-in authorization.
Renewable energy projects development in Spain requires a security deposit of EUR 40/kW. Linking this requirement to strict deadlines is encouraging active projects. Learn more about the most relevant regulations: Royal Decree-Law 23/2020, dated June 23, 2020, and the latest Royal Decree 1183/2020, dated June 23, 2020.
Royal Decree 1183/2020, of 29th December 2020, includes substantial modification regarding the granting procedure concerning grid connection feed-in permits for energy projects in Spain. Important innovations concern the unification of the procedure for the award of grid connection and feed-in permits as well as the often-criticised ‘Interlocutor Único de Nudo’ (IUN). Learn about the most relevant aspects of the new regulation!
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