Main amendments to the Spanish Insolvency Act introduced by Royal Decree Act 11/2014 and how they affect Spanish in-Court restructurings
  1. Introduction

On 7 September 2014, Royal Decree Act 11/2014 on urgent measures in insolvency matters (“RD 11/2014”) came into force, introducing important changes in the Spanish Insolvency Act (“SIA”), especially regarding incourt proceedings, whether within a composition or a liquidation stage. This piece of legislation followed Royal Decree 4/2014 (“RD 4/2014), which introduced equivalent measures for preinsolvency restructurings.

Filed under:
Spain, Insolvency & Restructuring, Litigation, Gomez-Acebo & Pombo Abogados
Authors:
Miguel Lamo de Espinosa Abarca , Carlos Rueda , Verónica Romaní Sancho , Rafael Aguilera Álvarez
Location:
Spain
Firm:
Gomez-Acebo & Pombo Abogados