LeQuid, which specialises in social enterprises, impact funds and restructuring, is based in Madrid and has now joined forces with Trebeki Combining Efforts, a Bilbao-based law and business firm providing services to companies, cooperatives and other organisations and entities in the north of Spain, adding a professional team and an offer in services to both […]
Royal Decree-law 19/2020 of 26 May (“RDL 19”), has specified or slightly modified Royal Decree-law 8/2020 of 17 March (“RDL 8”) with respect to the deadlines for the preparation and approval of annual accounts corresponding to financial year 2019 in Spain. In a previous article we briefly explained the normal process for preparation, audit and approval of […]
On 4 June 2020 and coinciding with the reactivation of procedural deadlines in Spain, we learned of Ruling no. 60/2020 of 3 June. The senior judge of Labour Court no. 1 of Teruel, in proceedings 114/2020, upheld the claim presented by the doctors’ union FASAMET, against the Aragon Health Service (Servicio Aragonés de Salud), Aragon […]
As of 11 June 2020, Royal Decree-Law 21/2020, of 9 June, will enter into force on urgent measures for prevention, containment and coordination to deal with the health crisis caused by COVID-19. By virtue of this regulation and once the state of alarm ends, the government sets forth a series of regulations on preventive matters in […]
Royal Decree-Act 8/2020, of 17 March, regarding urgent extraordinary measures to counteract the economic and social impact of COVID-19. Breakdown of article 40 1-Meetings of governing bodies and of members. Possibility of holding such meetings using remote communication As regards the possibility of holding meetings of administrative bodies, meetings or assemblies of associates or members, […]
Foreward by Andrew Chilvers As companies continue to look for opportunities in global markets, directors from diverse jurisdictions are hired to serve on the boards of foreign businesses as well as domestic ones that have operations and assets in other countries. Enterprises across the world look for directors from other jurisdictions for any number of […]
As companies continue to look for opportunities in global markets, directors from diverse jurisdictions are hired to serve on the boards of foreign businesses as well as domestic ones that […]
Read moreThe Spanish Government, in the de-escalation process of the measures adopted to date due to COVID-19, has approved Order INT/401/2020, of 11 May, which maintains restrictions on trips and travel to Spain, whether by air or by sea. 1. In general, only the following persons may enter Spain: Spanish citizens Residents in Spain, where they […]
On 28 April 2020, the Spanish Government, led by Prime Minister Pedro Sánchez, presented its Four-Phase Plan for the progressive transition of the different Spanish regions to a “new normality.” The different phases reflect a gradual reactivation of the Spanish economy and lifting of social restrictions, which currently apply due to the nationwide state of […]
Order SND/388/2020 of May 3 rd establishes the conditions for opening to the public of certain shops and services: – Reopening of shops and commercial and service activities. All retail establishments and premises for professional service activities, whose activity has been suspended, may reopen to the public, except for those over 400 square metres inside […]
APPLICABLE REGULATIONS First regulation in Spain àAct 5/2015, of 27 April, on Promoting Business Financing (“LFFE”). · More accessible, flexible bank financing for SMEs, encouraging the recovery of bank credit. · Advancing in the development of alternative means of financing. Two-fold objective CONCEPT OF CROWDLENDING This is an alternative method of financing that […]
What is the General Shareholders’ Meeting? A corporate body in which the will of the shareholders is decided and where they exercise their rights. Discriminatory treatment of minority shareholders at General Shareholders’ Meetings is common, often leading to the approval of decisions that are detrimental to them. It is therefore important to be aware of […]
