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    Derecho Español Year in Review 2016 and Year to Come 2017
    2017-01-05

    Year in Review – Derecho Español en 2016

    En los últimos meses se han sucedido en España dos procesos de elecciones generales y las distintas fuerzas políticas no han llegado a un acuerdo para formar gobierno hasta octubre de 2016. Lo anterior ha supuesto una ralentización importante de la actividad legislativa. Destacamos a continuación las principales novedades normativas y jurisprudenciales de 2016:

    Filed under:
    Spain, Banking, Capital Markets, Company & Commercial, Employment & Labor, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Public, Tax, White Collar Crime, Linklaters LLP
    Location:
    Spain
    Firm:
    Linklaters LLP
    Spanish Law Year in Review 2016 and Year to Come 2017
    2017-01-05

    Year in Review – Spanish Law in 2016

    Two general elections were held in Spain recently (the first in December 2015) and the various political parties were unable to reach an agreement to form a government until October 2016. This meant a major slowdown in law-making activity. The following are the main legislative changes and case-law precedents from 2016:

    Filed under:
    Spain, Banking, Capital Markets, Company & Commercial, Employment & Labor, Energy & Natural Resources, Insolvency & Restructuring, Litigation, Public, Tax, White Collar Crime, Linklaters LLP, Corporate governance, Mortgage loan, Market manipulation
    Location:
    Spain
    Firm:
    Linklaters LLP
    The financial crisis and a new round of deaccessioning debates
    2013-09-13

    When public institutions are suffering from financial deficits, one question is usually raised: can they sell art to survive? In the museum world it is generally understood that you are to deaccession art only if the work is duplicative of another work in the collection, or for similar collections-related reasons, and the sale proceeds are used exclusively for collections activities. Therefore, for example, you cannot seek to sell art to obtain sufficient liquidity to meet any financial obligation, or make debt service payments.

    Filed under:
    Spain, USA, Insolvency & Restructuring, Public, Sheppard Mullin Richter & Hampton LLP
    Location:
    Spain, USA
    Firm:
    Sheppard Mullin Richter & Hampton LLP
    Real Decreto Ley 8/2013, de 28 de junio: medidas extraordinarias de apoyo a la liquidez para entidades locales con problemas financieros
    2013-07-29

    El Real Decreto Ley 8/2013, de 28 de junio, de medidas urgentes contra la morosidad de las administraciones públicas y de apoyo a entidades locales con problemas financieros (publicado en el BOE de 19 de junio, convalidado por acuerdo del Congreso de los Diputados de 17 de julio), recoge una serie de medidas extraordinarias para ayudar a las Administraciones autonómicas y locales a reducir su deuda comercial acumulada.

    Filed under:
    Spain, Insolvency & Restructuring, Public, Gomez-Acebo & Pombo Abogados
    Authors:
    Irene Fernández Puyol , Blanca Lozano Cutanda
    Location:
    Spain
    Firm:
    Gomez-Acebo & Pombo Abogados
    COVID-19: Legal standstill is not extended beyond 19 April 2020
    2020-04-09

    On 8 April 2020, the Federal Council affirmed its willingness to offer support for companies in financial difficulties because of the coronavirus crisis. At the same time, the Federal Council decided not to extend the legal standstill in civil and administrative court proceedings and in debt enforcement actions. The legal standstill will end as planned on 19 April 2020 at midnight.

    Filed under:
    Switzerland, Insolvency & Restructuring, Public, Pestalozzi Attorneys at Law, Coronavirus
    Authors:
    Thomas Rohner , Alain Muster
    Location:
    Switzerland
    Firm:
    Pestalozzi Attorneys at Law
    İcra ve İflas Takiplerinin Durdurulmasına İlişkin Cumhurbaşkanı Kararı Kapsamında Üçüncü Kişiler Tarafından İcra Dosyalarına Gerçekleştirilen Ödemelerin Durumu Hakkında Bilgi Notu
    2020-03-23

    Coronavirus (Covid-19), Uyuşmazlık Çözümü

    COVID-19 (korona virüs) salgın hastalığının ülkemizde yayılmasını önlemek amacıyla alınan tedbirler kapsamında; 22.03.2020 tarihli ve 31076 sayılı Resmî Gazete’de İcra ve İflas Takiplerinin Durdurulması Hakkında Cumhurbaşkanı Kararı (“Cumhurbaşkanı Kararı”) yayımlanmış ve yürürlüğe girmiştir.

    Cumhurbaşkanı Kararı’nın 1. (birinci) maddesi ile;

    Filed under:
    Turkey, Arbitration & ADR, Insolvency & Restructuring, Public, Kilinc Law and Consulting, Bankruptcy
    Location:
    Turkey
    Firm:
    Kilinc Law and Consulting
    COVID-19 Suspended the Enforcement and Bankruptcy Proceedings and the Terms Until 30 April 2020
    2020-03-26

    In scope of the measures taken to prevent COVID-19 outbreak from spreading within our country, the Presidential Decree on Suspension of the Enforcement and Bankruptcy Proceedings dated 21 March 2020 and numbered 2279 (“the Presidential Decree”), which was issued based on Article 330 of the Enforcement and Bankruptcy Act, has entered into force upon publication in the Official Gazette dated 22 March 2020 and numbered 31076.

    Filed under:
    Turkey, Insolvency & Restructuring, Public, Gün + Partners, Bankruptcy, Coronavirus
    Authors:
    Beril Yayla Sapan , Asena Aytuğ Keser
    Location:
    Turkey
    Firm:
    Gün + Partners
    COVID-19’s Impacts on the Judiciary
    2020-03-26

    1. Within the context of the measures taken for combating COVID-19, how will the courthouses function?

    The courthouses across the country are open and active. That being said,

    Filed under:
    Turkey, Insolvency & Restructuring, Litigation, Public, Gün + Partners, Coronavirus, Title 11 of the US Code
    Authors:
    Beril Yayla Sapan , Asena Aytuğ Keser
    Location:
    Turkey
    Firm:
    Gün + Partners
    Latest COVID-19 measures taken in Turkey
    2020-03-30

    This note aims to provide a brief overall view on the latest official measures taken in Turkey due to the Covid-19 pandemic.

    Please note that the information herein is not exhaustive. There are other regulations addressing specific needs published by governmental authorities. Therefore, we advise that, before taking any action based on the Covid-19 measures that have been implemented so far in Turkey, specific legal advice should be sought.

    Filed under:
    Turkey, Insolvency & Restructuring, Public, Cerrahoğlu Law Firm, Coronavirus
    Authors:
    Sezin Dundar
    Location:
    Turkey
    Firm:
    Cerrahoğlu Law Firm
    Developments on the State of Emergency: New Executive Order Enters into Force
    2016-08-01

    Recent Development

    On July 31, 2016, the Council of Ministers issued the third executive order on the implementation of the current state of emergency ("Executive Order"). The Executive Order amends several laws and regulations; discharges certain members of the military linked to the Fethullah Terrorist Organization (FETO); establishes a national defense university; introduces rules related to the education system of the members of the military; and prohibits the implementation of the bankruptcy suspension mechanism for companies.

    Filed under:
    Turkey, Insolvency & Restructuring, Public, Baker McKenzie, State of emergency
    Location:
    Turkey
    Firm:
    Baker McKenzie

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