Legal briefings from the world's leading law firms

Extensive reforms to employment law, the tax system and intellectual property have changed the Spanish legal landscape. This guide, published by Garrigues in collaboration with Invest in Spain, provides a comprehensive summary of the main new legislative changes for investors and businesses.

This briefing from Spanish law firm Garrigues offers a detailed summary of the main new features of the Insolvency Reform's changes and ammendments, as well as an abstract on the reform of the procedural law in its relation to insolvency and credit recovery proceedings.

This briefing from Garrigues' corporate team discusses the impact of 'Law 25/2011', aimed at reforming the Corporate Enterprises Law in force since 2010. The briefing outlines how the law's far-reaching consequences will affect minority shareholders, obligatory dividend and right of withdrawal.

This briefing from Garrigues underlines the importance of having a solid financial structure that distinguishes between debt types. In doing so, the article outlinines how structural debt can be organized in long-term financial instruments and cash supply in short-term financial instruments.

A new law in Spain aims to support mortgagors and control public spending as well as creating new financing mechanisms at central government level to enable local authorities to cancel the debts they owe to companies and independent contractors.

Spain has recently updated its workers’ statute with regards to the collective bargaining structure. It has changed the terms and validity of collective labour agreements and the rules on standing to represent employees and negotiate collective labour agreements.

As a consequence of the financial crisis, and particularly the bankruptcy and rescue of major global financial institutions in autumn 2008, there has been growing concern over risk-taking and value creation by executives at financial institutions and their compensation systems.

This briefing summarises a recent book written with the goal of presenting a bilingual guide to the most relevant legal issues for investors interested in Spain.

This paper analyses the future status of foreign companies that either own Spanish subsidiaries facing an insolvency procedure or seek to invest in Spain through Spanish subsidiaries of an insolvent company.

Garrigues highlights the key provisions on the recent Insolvency Law Reform Bill.