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    Observaciones a las propuestas de interpretación de la reforma de la Ley Concursal 2014 en materia de calificación culpable del concurso
    2015-01-14

    Este comentario tiene la finalidad de avanzar en el diálogo recíproco iniciado con las propuestas de interpretación de los jueces de lo Mercantil de Madrid sobre las nuevas reglas de calificación culpable del concurso (Acuerdo de 7 y 21 de noviembre del 2014).Análisis GA&P | Enero 2015 1 1.

    Filed under:
    Spain, Insolvency & Restructuring, Gomez-Acebo & Pombo Abogados
    Location:
    Spain
    Firm:
    Gomez-Acebo & Pombo Abogados
    Newsletter - Restructuring - February 2015 - Conclusions of the meetings of the Madrid Senior Commercial Judges, held on November 7 and 21, on the unification of applicable criteria of the reforms of the Insolvency Act enacted by royal decree-law 11/2014 and Act 17/2014
    2015-02-06

    The Madrid Senior Commercial Judges have published the conclusions of the meetings held on November 7 and 21 on the unification of applicable criteria of the reforms of the Insolvency Act enacted by Royal Decree-Law 11/201415 and Act 17/2014.16

    Filed under:
    Spain, Insolvency & Restructuring, Litigation, Cuatrecasas
    Location:
    Spain
    Firm:
    Cuatrecasas
    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 , Miguel Garcia-Casas
    Location:
    Spain
    Firm:
    Herbert Smith Freehills LLP
    Real decreto-ley 11/2014, de 5 de septiembre, de medidas urgentes en materia concursal
    2014-09-10

    Pocas veces una legislación “moderna” (recordemos que el texto original de la Ley Concursal es de 2003) ha sido objeto de tanta modificación (en sus diez años de vigencia lleva más de 16 modificaciones). Lo que es seguro es que no será la última, de hecho en las próximas semanas verá la luz la Ley por la que se adoptan medidas urgentes en materia de refinanciación y reestructuración de deuda empresarial (procedente del Real Decreto-ley 4/2014, de 7 de marzo), un auténtico ejemplo de “reforma de la reforma”.

    Filed under:
    Spain, Insolvency & Restructuring, CMS Albiñana & Suárez de Lezo
    Authors:
    Juan Ignacio Fernández Aguado
    Location:
    Spain
    Firm:
    CMS Albiñana & Suárez de Lezo
    Main amendments to the Spanish Insolvency Act introduced by Royal Decree Act 11/2014 and how they affect Spanish in-Court restructurings
    2014-09-15
    1. Introduction

    On 7 September 2014, Royal Decree Act 11/2014 on urgent measures in insolvency matters (“RD 11/2014”) came into force, introducing important changes in the Spanish Insolvency Act (“SIA”), especially regarding incourt proceedings, whether within a composition or a liquidation stage. This piece of legislation followed Royal Decree 4/2014 (“RD 4/2014), which introduced equivalent measures for preinsolvency restructurings.

    Filed under:
    Spain, Insolvency & Restructuring, Litigation, Gomez-Acebo & Pombo Abogados
    Authors:
    Miguel Lamo de Espinosa Abarca , Carlos Rueda , Verónica Romaní Sancho , Rafael Aguilera Álvarez
    Location:
    Spain
    Firm:
    Gomez-Acebo & Pombo Abogados
    Further amendments to Spanish Insolvency Act now effective
    2014-09-17

    On September 5, 2014, Spain enacted urgent measures to facilitate restructurings and avoid the insolvency of companies that, under the previous regime, might have been forced to enter into an insolvency process ("RDl 11/2014"). RDl 11/2014 modifies several provisions of the Spanish Insolvency Act (the "Act"). The objective of the reform is to improve the legal framework that governs voluntary arrangements between creditors and the sale of distressed businesses outside of insolvency by removing obstacles that have previously impeded the successful reorganization of insolvent companies.

    Filed under:
    Spain, Insolvency & Restructuring, Jones Day, Unsecured debt
    Authors:
    Juan Ferré , Stephanie Tyler
    Location:
    Spain
    Firm:
    Jones Day
    Spanish Insolvency Law reform extends to composition agreements
    2014-09-26

    Latham & Watkins operates worldwide as a limited liability partnership organized under the laws of the State of Delaware (USA) with affiliated limited liability partnerships conducting the practice in the United
    Kingdom, France, Italy and Singapore and as affiliated partnerships conducting the practice in Hong Kong and Japan. The Law Office of Salman M. Al-Sudairi is Latham & Watkins associated office in the

    Filed under:
    Spain, Insolvency & Restructuring, Latham & Watkins LLP, Limited liability partnership
    Location:
    Spain
    Firm:
    Latham & Watkins LLP
    Máximo salarial e indemnizatorio en proceso concursal cuando la masa activa resulta insuficiente
    2014-09-30
    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).
    Filed under:
    Spain, Employment & Labor, Insolvency & Restructuring, Litigation, Gomez-Acebo & Pombo Abogados
    Authors:
    Lourdes López Cumbre
    Location:
    Spain
    Firm:
    Gomez-Acebo & Pombo Abogados
    Cómputo de las mayorías para la aceptación del convenio concursal tras el RDL 11/2014
    2014-09-30
    1. El RDL 11/2014, de 5 de septiembre, de medidas urgentes en materia concursal, ha venido a modificar, entre otros extremos, el régimen de las mayorías necesarias para la aceptación de propuestas de convenio.

    El corazón de la nueva disciplina está constituido por el nuevo apartado 1 del art. 124 LC, que ha quedado redactado como sigue:

    Filed under:
    Spain, Insolvency & Restructuring, Gomez-Acebo & Pombo Abogados
    Authors:
    Alberto Díaz Moreno
    Location:
    Spain
    Firm:
    Gomez-Acebo & Pombo Abogados
    El artículo 146 bis de la Ley Concursal no elimina la autorización administrativa requerida por las normas sectoriales para la transmisión de instalaciones
    2014-09-30

    El Real Decreto-ley 11/2014, de 5 de septiembre, de medidas urgentes en materia concursal, añade un artículo 146 bis a la Ley Concursal que elimina obstáculos a la transmisión de la actividad en la fase de liquidación del concurso pero que no excluye la autorización administrativa de la transmisión en aquellos casos en los que la normativa sectorial lo requiere.

    EL NUEVO ARTÍCULO 146 BIS DE LA LEY CONCURSAL

    Filed under:
    Spain, Insolvency & Restructuring, Gomez-Acebo & Pombo Abogados
    Location:
    Spain
    Firm:
    Gomez-Acebo & Pombo Abogados

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