The rebus sic stantibus clause as a tool for modifying or terminating lease contracts in cases of serious affectations by COVID-19, and the current criteria of the Supreme Court. In these turbulent days, when the media and social networks abound with alarming news about the fall of the stock markets, not enough attention is being […]
How the state of alarm declared as a result of the expansion of the Coronavirus has affected the judicial and administrative system, and how the Government has had to take measures to safeguard the rights of citizens in these matters. The situation caused by the fast expansion of COVID-19, also known as “Coronavirus”, has forced […]
Spanish Royal Decree-Law 8/2020, of 17 March, on urgent extraordinary measures to face with the economic and social impact of COVID-19. The following is a summary of the Royal Decree-Law (hereinafter RDL) that regulates labour matters, and specifically, the measures to make the mechanisms for temporary adjustment of activity more flexible in order to avoid […]
Below, we summarize some of the main measures laid down by Royal Decree 46.3/2020 of 14 March and Royal Decree-Act 8/2020, published on 22 March in the Spanish Official State Gazette: 1.- BANKRUPTCY: Suspension of administrative and bankruptcy terms: There has been a mandatory suspension of administrative terms and suspension of limitation and prescription terms. […]
The exceptional situation caused by the COVID-19 pandemic forced the Spanish Government to declare the State of Alarm on March 14th, which will remain in force until at least March 28th 2020. This has raised concerns among legal operators and several legal questions, including the question of how the aforementioned State of Alert affects contracts […]
The declaration of alarm in Spain agreed by the Spanish Government on 14 March 2020 and the limitations on the mobility of persons make it necessary to consider what solutions or mitigating measures are established by Spanish law for the effects that these measures will have on current contracts. In this note we analyse: 1) […]
Daniel JimenezFounder and Head of Litigation and Arbitration Department, SLJ Abogados
Imagine a world in which organisations are measured by the implementation of their purpose instead of their turnover. Today, only a small portion of the economy has a clear transformation purpose: helping organisations to walk, learn and unlearn over time to be lively, agile and generate a positive impact on their environment. However, until very […]
A big thank you to Bosco de Gispert Segura for hosting the first IR Global member-led Iberian meeting in Barcelona. The members discussed how they can jointly promote their membership of IR with the aim of being more visible to potential clients and focused on how they can promote business with Latin America. We hope […]
A heavy blow for the legal service provider Financialright in the proceedings before the Munich Regional Court on the largest action for damages against the European truck cartel. The Munich Regional Court dismissed the action brought by the legal service provider Financialright on behalf of more than 3,000 freight forwarders for almost 900 million euros, […]
QUESTION ONE – When representing a client with significant business activities in foreign jurisdictions, what are some key risk-related concerns that arise in a cross-border context and how can a parent company minimise such risk? When any company is planning to invest abroad, risks to be taken into consideration vary depending on the scheme chosen: […]
Many companies look to grow their business through mergers or acquisitions of companies outside their own country and while this brings many opportunities it can also bring risks. But with […]
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A heavy blow for the legal service provider Financialright in the proceedings before the Munich Regional Court on the largest action for damages against the European truck cartel. The Munich Regional Court dismissed the action brought by the legal service provider Financialright on behalf of more than 3,000 freight forwarders for almost 900 million euros, […]