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    SEITTSA Takes Over Control of the Cartagena- Vera and Alicante Ring-Road Sections of the AP-7 Toll Motorway
    2018-04-03

    The Cartagena-Vera and Alicante Ring-road sections of the AP-7 motorway are therefore handed back to the state, after Commercial Court 6 of Madrid approved the concessionaire's liquidation plan.

    Filed under:
    Spain, Insolvency & Restructuring, Projects & Procurement, Herbert Smith Freehills LLP
    Authors:
    Ignacio Paz , Miguel Riaño , Iria Calviño
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Seittsa Takes Over Control Of The AP-36 Ocaña - La Roda Toll Motorway
    2018-03-21

    The AP-36 toll road is therefore handed back to the state, after Commercial Court 2 of Madrid approved the concessionaire's liquidation plan.

    Filed under:
    Spain, Insolvency & Restructuring, Litigation, Shipping & Transport, Herbert Smith Freehills LLP
    Authors:
    Ignacio Paz , Miguel Riaño , Iria Calviño
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Dos & don'ts ante un preconcurso | the dos & don'ts of pre-insolvency
    2017-09-14

    Javier de Carvajal, socio co-responsable de la práctica de Restructuraciones y concursal de la oficina de Madrid, nos da una visión práctica y ciertas recomendaciones en el caso de que una contraparte inste el preconcurso de acreedores. Nos explica qué se debe hacer y qué no debe hacerse ante esa situación, y analiza las implicaciones de cara a buscar la máxima protección posible ante un eventual concurso de acreedores de la contraparte.

    Filed under:
    Spain, Insolvency & Restructuring, Herbert Smith Freehills LLP
    Authors:
    Javier de Carvajal
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Ley 11/2015, de 18 de junio, de recuperación y resolución de entidades de crédito y empresas de servicios de inversión
    2015-07-22

    El pasado 18 de junio entró en vigor la Ley 11/2015 de recuperación y resolución de entidades de crédito y empresas de servicios de inversión (la "Ley 11/2015"), que deroga y refunde la antigua Ley 9/2012, de 14 de noviembre, de reestructuración y resolución de entidades de crédito (la "Ley 9/2012").  

    Filed under:
    Spain, Banking, Capital Markets, Insolvency & Restructuring, Herbert Smith Freehills LLP
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Act 9/2015, of 25 May, regarding urgent measures on insolvency
    2015-06-02

    Act 9/2015, of 25 May, regarding urgent measures on insolvency, entered into force in Spain on 27 May 2015, thus concluding the process to give Royal Decree Law 11/2014, of 5 September, the status of an Act in its own right (see published e-bulletin).

    Filed under:
    Spain, Competition & Antitrust, Insolvency & Restructuring, Herbert Smith Freehills LLP
    Authors:
    Gonzalo Martín de Nicolás , Ignacio Echenagusia
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Ley 9/2015, de 25 de mayo, de medidas urgentes en materia concursal
    2015-06-02

    El pasado miércoles 27 de mayo de 2015 se produjo la entrada en vigor de la Ley 9/2015, de 25 de mayo, de medidas urgentes en materia concursal. Se termina así el proceso de conversión en Ley del Real Decreto-Ley 11/2014, de 5 de septiembre (ver e-bulletin publicado).

    Filed under:
    Spain, Competition & Antitrust, Insolvency & Restructuring, Herbert Smith Freehills LLP
    Authors:
    Gonzalo Martín de Nicolás , Ignacio Echenagusia , Eduardo Soler Tappa , Jaime de San Román
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Ya hay propuesta de fecha para el levantamiento de la moratoria de accesos
    2021-04-20

    Esta Resolución, tramitada con arreglo a lo previsto en el artículo 13 de la Circular 1/2021, de 20 de enero, de la CNMC, por la que se establece la metodología y condiciones del acceso y de la conexión a las redes de transporte y distribución de las instalaciones de producción de energía eléctrica, vendría a completar el marco normativo del acceso y conexión y daría cumplimiento a lo previsto en su Disposición Transitoria Única. De esta forma:

    Filed under:
    Spain, Energy & Natural Resources, Insolvency & Restructuring, Herbert Smith Freehills LLP
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Royal Decree law 11/2014, of 5 September, regarding urgent measures on insolvency
    2014-09-10

    On Friday 5 September, the Spanish Council of Ministers approved Royal Decree Law 11/2014, of 5 September, regarding urgent measures on insolvency. The Royal Decree Law brings in a series of significant reforms to the Spanish Insolvency Act 22/2003, of 9 July (the "Insolvency Act"). The new Royal Decree Law entered into force on 7 September 2014.  

    Filed under:
    Spain, Insolvency & Restructuring, Herbert Smith Freehills LLP
    Authors:
    Gonzalo Martín de Nicolás , Ignacio Echenagusia , Eduardo Soler Tappa , Jaime de San Román
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Prórroga de la moratoria concursal hasta el 31 de diciembre de 2021 y aprobación de medidas económicas y procesales adicionales
    2021-03-17

    El Real Decreto-ley 5/2021, de 12 de marzo, de medidas extraordinarias de apoyo a la solvencia empresarial en respuesta a la pandemia del Covid-19, se ha aprobado con el fin de proteger el tejido productivo y evitar un impacto estructural sobre la economía tras la significativa reducción de ingresos de muchas empresas y autónomos.

    Filed under:
    Spain, Insolvency & Restructuring, Herbert Smith Freehills LLP, Coronavirus
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Reform of Spanish insolvency legislation
    2014-03-10

    1

    MADRID E-BULLETIN

    RESTRUCTURING, TURNAROUND AND INSOLVENCY

    REFORM OF SPANISH INSOLVENCY LEGISLATION

    On Friday 7 March 2014 the Spanish Council of Ministers approved Royal Decree-Law 4/2014, of 7 March, which adopts urgent measures on the refinancing and restructuring of corporate debt. The above Royal Decree-Law introduces a series of significant reforms to the Spanish Insolvency Act 22/2003, of 9 July, (the "Insolvency Act"). The Royal Decree-Law has entered into force on 10 March 2014.

    Filed under:
    Spain, Insolvency & Restructuring, Herbert Smith Freehills LLP, Share (finance), Debtor, Liability (financial accounting), Refinancing, Gross negligence
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP

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