El TS clarifica la calificación concursal de los contratos de permuta de tipos de interés y los califica como créditos concursales por no cumplir con el requisito del sinalagma funcional que se predica de las obligaciones recíprocas.
The rapid spread of coronavirus disease 2019 (Covid-19) is a public health challenge that has affected more than 200,000 individuals globally. We are finding from our clients that many business continuity plans are not robust enough to help businesses manage the growing and evolving global nature of the outbreak and its potential disruption, both in the short and long terms.
In its decision dated November 13th 2007, Madrid’s Provincial Court accepted the appeal against a decision delivered by Madrid´s Mercantile Court (number 6), which denied the adoption of civil precautionary measures, which were requested together with an action for joint and several liability against the administrators of Afinsa.
The precautionary measure requested was the preventive freezing of assets from the administrators in order to prevent possible concealment actions.
With the current economic crisis significantly affecting global business, certain procedural remedies can be particularly useful in order to deal with unpaid debts.
The most common of these procedural remedies in Spain is the so-called 'proceso monitorio', which consists of a special payment procedure used for the recovery of specific monetary debts which:
In a recent case from the Swedish Supreme Court, case no Ö 4631-11, jurisdictional matters in terms of competence of Swedish courts were considered. The case involved a creditor’s recovery claims in a bankruptcy, in which the assets requested to be recovered consisted of Swedish and foreign patents that had previously been assigned under an agreement in 2004 to a foreign company located in Saint Kitts and Nevis.
In a recent case (T 5911-15) the Supreme Court clarified how to interpret joint and several liability when the creditor settles with one of the debtors and simultaneously releases that party from any future claims.
April 2020
138Newsletter No.
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As announced on 9 April 2020, the Swiss Government today adopted measures to prevent a wave of bankruptcies as a result of the COVID-19 pandemic. At the heart of the measures is the suspension of the duty to notify the court in the event of over-indebtedness and a new moratorium designed for SMEs (COVID-19 Moratorium).
Newsletter No. 138 April 2020
Kommt ein Schuldner seinen Verpflichtungen nicht nach, so muss der Gläubiger ein Zwangsvollstreckungsverfahren in die Wege leiten. Dies geschieht in der Regel mit der Einreichung eines Betreibungsbegehrens beim zuständigen Betreibungs- und Konkursamt. Obschon das Stellen eines Betreibungsbegehrens trivial erscheint, führt dies in der Praxis immer wieder zu Rechtsstreitigkeiten, im Rahmen welcher ein - gestützt auf ein fehlerhaft formuliertes Betreibungsbegehren erlassener - Zahlungsbefehl aufgehoben oder gar dessen Nichtigkeit festgestellt wird.
Swiss Civil Procedure Law in a Nutshell (Volume 11 of 12)
This blog series provides litigators and corporate counsel from other jurisdictions with a practical understanding of the mechanics, advantages, and limits of litigation before State Courts in Switzerland.
Enforcement of Money Claims
Money claims are enforced by virtue of the Debt Enforcement and Bankruptcy Law. The creditor may either initiate enforcement by virtue of an ex parte freezing order (attachment) or else by a normal summons to pay.
Der Bundesrat ist bestrebt, die Schweiz auf die digitale Zukunft vorzubereiten, wozu insbesondere Anpassungen der Rechtsordnung an die aufstrebende Blockchain und Distributed Ledger Technologie (DLT) gehören. Auf die Veröffentlichung eines umfassenden Berichts zu dieser Thematik im Dezember 2018 folgte am 22. März 2019 eine Vernehmlassungsvorlage mit dem Titel „Anpassung des Bundesrechts an Entwicklungen der Technik verteilter elektronischer Register“. Darin schlägt der Bundesrat die Anpassung verschiedener Gesetze vor, u.a.