The article describes the main advantages and disadvantages of homologating a refinancing agreement, some of which may not be known to market participants.
Current Legislation No. 32
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”.
The Spanish Markets and Competition Authority has published a "Guide to competition compliance programmes".
Who has ultimate executive authority during a Prime Minister’s incapacity?
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.
Royal Decree-law 11/2020 of 31 March allows the holding of general meetings of shareholders and meetings of the board of directors of unlisted companies by videoconference or teleconference.