Marketing high-risk products in Spain: new case-law?
Courts in Spain have given judgments against controversial high-risk financial products offered by numerous banks, obliging banks to pay back the investment of their clients.
The importance of expert witnesses at trial determining the meaning of the judgment
When judicial proceedings in Spain involve hiring expert witnesses it is important to remember that their performance is one more factor that could tip the scale. Recent judgments are proof of that.
Expiration and standing to dispute corporate resolutions in Spain
Following the new reform of the Corporations Act, only shareholders may challenge corporate resolutions in Spain. In addition, the period to challenge a corporate resolution is fixed to one year.
Setting-up a subsidiary in Spain
One of the main investment alternatives in Spain for a foreign company is the establishment of a subsidiary. This article briefly reviews the two main types of companies in Spain and the ordinary procedures for their establishment.
Drastic changes in international inheritance law
From August 2015 on there will be new rules in international inheritance law; from that date on, the applicable law will be the one from the country where the deceased last lived or had his regular residence.
Corporate Merger in Spain: Merger by creation or merger by absorption
Compared to 2013, in 2014, the number of mergers and acquisitions in Spain grew to 54%. The principle factors that have motivated this growth are the improvement of the economy and the increase of foreign investment in Spain. For 2015, this upward trend is expected to continue.
Definition and requirements of a collective dismissal in Spain
A collective dismissal in Spain, regulated in Art. 51 of the Worker’s Statute, must be modified due to its inconformity with EU Law. Two European judgments provide details on the term.
Setting-up a branch vs. subsidiary in Spain
This article briefly analyses the main differences between setting up a branch or a subsidiary; these differences should be kept in mind when choosing one or the other as a way of investing in Spain.
The acquisition of property in Spain by non-resident foreigners
More and more non-resident foreign nationals, attracted by the good economic climate, decide to buy a property in Spain. The drop in real estate prices has increased the number of investors.
The permanence agreement in a company in Spain
A permanence agreement in a company in Spain is a signed written agreement where a worker undertakes to provide services to a company for a period not exceeding two years. The breach of this agreement entitles the employer to receive compensation for damages.
