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1. Employment in a Member State of workers resident therein by companies declared insolvent that, notwithstanding formal registration in a third country, have their real seat in said Member State

Anyone investing equity in an enterprise, whether creating a start-up or purchasing an established company, is a natural optimist.  The hope is that the business will continue to perform well and yield its owners substantial profits year-after-year (and then maybe a hefty return upon exit).  But, as those of us in restructuring know, not every company enjoys positive returns all the time.  Businesses go through down cycles for different reasons – whether it be the overall economic climate (think 2008), issues specific to a particular industry (think dropping oil prices), a gr

1. El Estatuto de los Trabajadores (LET) prevé en su artículo 50 la posibilidad de que el trabajador reclame la extinción de su contrato, entre otros motivos, por falta de pago o retrasos continuados por parte del empleador en el abono de los salarios pactados (art. 50.1b LET).

1. Excepción al principio rogatorio: la obligación de solicitar concurso de acreedores ante el incumplimiento empresarial generalizado de las obligaciones salariales y de Seguridad Social

The American Bankruptcy Institute Commission to Study the Reform of Chapter 11 today released its long-awaited, much-anticipated Final Report and Recommendations.

  1. LÍMITE DE LOS CRÉDITOS POR SALARIO E INDEMNIZACIÓN EN EL PROCESO CONCURSAL
  1. Tanto el salario como las indemnizaciones por despido gozan de una serie de garantías en el art. 32 del Estatuto de los Trabajadores (LET).