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Imposing sanctions as a new measure to fight corporate default

Spanish Congress debates a legislative proposal (Propuesta de Ley) to reinforce the fight against late payment in response to the European Union demand for the correct implementation of the Insolvency...

Written on: 21 Mar 2018


Read time 2m

Case law analysis of Mortgage Loan Reference Index clauses in Spain (Judgment No. 669/2017, of 14 December)

In Spain, particularly since 2008, coinciding with the beginning of the economic crisis, many financial entities felt attracted by the idea of referencing the mortgage loans to alternative indices that...

Written on: 21 Mar 2018


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Important changes in the interpretation of the remuneration of executive directors: the Spanish Supreme Court makes it subject to the statutory framework and the maximum annual amount established by the shareholders at the general meeting

The Civil Division of the Spanish Supreme Court, in its judgment dated 26 February 2018, has analysed the directors’ remuneration system for the first time following the changes introduced by...

Written on: 19 Mar 2018


Read time 4m

Osborne Clarke analyses crowdfunding market barriers for FISMA report

Findings provide the basis for crowdfunding regulation on a European level International legal practice Osborne Clarke has worked with the European Crowdfunding Network (ECN) to co-edit the study: “Identifying market...

Written on: 16 Mar 2018


Read time 1m

The Spanish Supreme Court submits the remuneration of executive directors to the statutory framework and the maximum annual amount established by the shareholders at the general meeting

The Spanish Supreme Court, in its judgment dated 26 February 2018, has analysed the directors’ remuneration system for the first time following the changes introduced by Law 31/2014 of 3...

Written on: 14 Mar 2018


Read time 4m

International Competition Update | February 2018

  In the first couple of months of the year some of the key topics that we predicted would shape Competition Law in 2018 are already beginning to bear fruit....

Written on: 28 Feb 2018


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Article 348.bis of the Companies Act: Real issues and reforms

A year after entering into force, and following its suspension owing to implementation issues, article 348.bis prompts a reform proposal that aims to clarify its ambiguity and limit its weight....

Written on: 22 Feb 2018


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New State Aid analytical grid for Energy Infrastructures

The European Commission has updated its State Aid analytical grid on the notion of State Aid for Energy Infrastructures. This working document promises to give undertakings the necessary tools to...

Written on: 21 Feb 2018


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Scope of the business obligation for employers to provide a dining room for employees in the work centre

Throughout 2017, the High Courts of Justice of Madrid, Andalusia, the Basque Country and Extremadura have issued several judgments which serve as a reminder of the existence of the business...

Written on: 21 Feb 2018


Read time 3m