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Collective layoff voided at Spanish branch of a company subject to German insolvency proceedings

Judgment by the National Appellate Court (Labor Chamber) on April 30, 2018

An insolvency order by a German court on a company does not in itself authorize that company to carry out a collective layoff at its Spanish branch. The German company should have petitioned for a local insolvency proceeding on its Spanish branch to obtain authorization from the judge hearing the Spanish insolvency proceeding to conduct the collective layoff at its branch.

1 2018 GTLAW.COM.AU 2018 NEW IPSO FACTO LAWS WHAT DOES IT MEAN FOR YOU? WHAT DOES IT MEAN FOR YOU? The Federal Government’s new ipso facto laws, which were introduced by the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Act 2017 (Cth), impose an automatic stay on the enforcement of ipso facto clauses in certain contracts entered into on or after 1 July 2018. In this insight, we summarise the new laws and take a closer look at how the reforms affect particular types of transactions.

Selección de las principales resoluciones en materia de Reestructuraciones e Insolvencias.

No toda venta de unidad productiva en el seno de un concurso es una operación no sujeta a IVA

Sentencia del Tribunal Económico Administrativo Central de 21 de marzo de 2018

Not every sale of a unit of production in an insolvency proceeding is free of VAT

Central Economic-Administrative Tribunal decision of March 21, 2018

La crisis económica en la que se vio sumida España desde el año 2007, y de la que poco a poco el país se viene sobreponiendo, ha espoleado a los 'players' del mercado de reestructuraciones para salir de su zona de confort e introducirse en caminos hasta ahora apenas transitados en nuestro país.

Garrigues detectó que no existía una directriz clara que permitiera a los notarios expedir a favor de los fondos adquirentes de los créditos fallidos otra copia de la escritura de hipoteca “con efectos ejecutivos”.

Selección de las principales resoluciones en materia de Reestructuraciones e Insolvencias.

La provisión con cargo a la masa como medida cautelar a favor de un acreedor contingente debe ser material

Auto de la Audiencia Provincial de Barcelona de 3 de abril de 2018

Treasury has released draft regulations and a draft declaration for public consultation. The regulations and declaration support the stay on enforcement of ipso facto clauses against relevant entities. Ipso facto clauses allow parties to enforce a right, and terminate or amend a contract, when their contractual counterparties have entered into formal insolvency, regardless of the counterparties continued performance of their obligations under the contract.

Newsletter Administrativo Asturias y Castilla y León - Abril 2018

El pronunciamiento autonómico prima sobre el municipal en cuanto a la ubicación de instalaciones en lugares de interés paisajístico

RERE / IRC: Aprovadas novas regras de dedução de créditos incobráveis no âmbito de acordo de reestruturação