Representation Powers of Shareholders of Public Limited Companies in Spain
The representation system for public limited companies in Spain is more open regarding parties that may act as proxies on behalf on shareholder, but the manner of representation only grants special powers of attorney for each meeting and not general powers of attorney. In contrast, the manner of representation is stricter than in public limited companies whereby the representation is a shareholder may be carried out by anybody.
Business changes introduced by the new Commercial Code in Spain
The new Commercial code in Spain introduces certain changes in the pecuniary liability of owners of limited liability companies, the creditors’ meetings and the transfer of the company as a whole.
Representation of Shareholders at General Meetings in Spain
In Spain the Company Law establishes the regulations of shareholders meetings and their representation. Depending on the kind of company, it may be necessary to submit a proxy.
How to grant the authority to represent shareholders at General Meetings in Spain
In Spain, shareholders are, for various reasons, increasingly unable to attend General Meetings. However, they may choose to be represented at such Meetings by a proxy. Representation of a shareholder …
Regulation of Executive Employment Agreements in Spain
The executive employment agreements in Spain must include in its terms the duration of the agreement as well as the payments and benefits for the executive. This type of contract may be beneficial for the employer as it allows the introduction of restrictions and limitations to the executive’s competitive activities after the termination of the contract.
The Implementation of Foreign Hereditary Titles in Spain
The private international law proposes a series of possibilities about the regulation of hereditary titles related to foreign countries. It is worth noting that this is a very complex matter since it seeks to harmonize different legal systems.
Establishing a Partnership in Spain
The process for establishing a partnership requires a private contract, a public deed, a tax on property transfers on certified legal documents and a Spanish tax identification number. This is then implemented through various regional instruments e.g. Spanish Tax Agency.
Legal framework for investing in Spain by Chinese investors
Legal advice for Chinese investments in Spain
Reform of the General Law for the Defence of Consumers and Users in Spain
With the Reform of the General Law for the Defence of Consumers and Users in Spain, using customer service for commercial ends remains prohibited and is restricted as telephone “spam.”
M&A in Spain: Different Types of M&A
The term Mergers and acquisitions (M&A) defines a company restructuration and refers to the operations of purchase, sale or division of companies for growth purposes. In this article we refer to the four types of M&A that exist in Spain.
