This regulation foresees measures for changes to facilitate necessary economic adjustments and to protect employment. These measures can be classified in the following blocks: Employee-owned Companies. Remote work and adapted-reduced workdays. [temporary suspension plan] Penalties in labour matters. Self-employed and option for Mutual Insurance Company Cooperatives. Measure. Temporary flexibility in the use of the Cooperatives […]
Measures within this regulation are planned to improve the protection of citizens in situations generated by the health crisis, as well as complementary measures in Social Security. These measures can be classified in the following blocks: Unemployment protection. Pension plans. Reduction of Notary and Registry costs. Consumer contracts. ICO-guaranteed loans [Official Credit Institute]. Quote for […]
Spain. Covid-19. Measures to reduce operating costs for SMEs and the self-employed Measures have been passed to contribute to mitigating the effects of the health crisis in on the leases of premises, warehouses or business or industry leases. Two distinct cases have been set up depending on whether the lessor is a “large holder” of […]
The health crisis caused by COVID-19 and the alarm period declared by Royal Decree-Law 463/2020 affect several spheres of companies, provoking many unknowns in all areas of their activity. The implication that this situation may have in relation to financing contracts and corporate restructurings is analysed below. 1.- Involvement of COVID-19 in financing contracts. Compliance […]
The approval of the Royal Decree-Law 8/2020 of March 17th (RDL 8/2020) has led to the adoption of a series of extraordinary measures to face the economic and social impact of COVID-19. Although these regulations have an impact on the different areas of a company, in the corporate scope, the following extraordinary measures have been […]
On March 31st 2020 the Spanish Government approved a new package of measures that extend those previously adopted regarding the health crisis caused by COVID-19 pandemic. Among the new labour measures adopted, we highlight the following: – Moratorium for companies and freelancers. The General Treasury of Social Security may grant six-month moratoriums without interest to […]
The urgent measures adopted by the Government (RD 463/2020, of March 14th, together with RD 465/2020, of March 17th and RD-L 8/2020, of March 17th) significantly affect property lease contracts for commercial or professional use, other than a dwelling, since as long as the current state of alarm continues, commercial establishments and those others included […]
In order to project an overview of litigation funding in Spain, the first idea that must be considered is that Spanish Law establishes no explicit legal prohibition on funding others’ claims. Bearing that in mind, it has been determined that Article 1.255 of the Civil Code provides the possibility for litigation funding by standing that […]
The coronavirus pandemic has caused governments across the world to take measures that impact the movement of people rarely, if ever, seen in peacetime before. Understandably, this has adversely affected […]
Read more
Foreword by Andrew Chilvers Global commerce is by its nature a complex beast and it is inevitable that sometimes disputes arise between companies doing business across the world. As more international deals are signed off – often in greater degrees of complexity than will have been done in the past – it has also led […]
Foreward by Andrew Chilvers The coronavirus pandemic has caused governments across the world to take measures that impact the movement of people rarely if ever, seen in peacetime before. Understandably, this has adversely affected businesses and created a host of employment law issues in every country. When the first case of coronavirus – or COVID-19 […]
Eduardo AlemanyPartner, Alemany Zaragoza @ Associates
Global commerce is by its nature a complex beast and it is inevitable that sometimes disputes arise between companies doing business across the world. As more international deals are signed […]
Read more
