The Spanish Markets and Competition Authority has published a "Guide to competition compliance programmes".
Royal Decree-law 11/2020 amends Art. 41 of Royal Decree-law 8/2020 to include a new third sub-article on the possibility of amending the proposed allocation of profits contained in the 2019 annual accounts.
This paper sets out the duties and liability of directors of companies limited by shares as regards the continuation of business activity during the temporary suspension of the statutory duties to instigate winding up procedures or insolvency proceedings. In particular, said liability is analysed in respect of the so-called “new creditors”.