Spain | Global Insolvency

Newsletter - Restructuring - February 2015 - Barcelona Provincial Court (Division 15) of June 19, 2014, No. 44/2014: default interest secured with a mortgage is a privileged claim

06 February 2015

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Barcelona Commercial Court No. 7 order of August 28, 2014, appeal 666/2014, and Barcelona Commercial Court No. 3 ruling of July 29, 2014, appeal 566/2014: court-sanction of refinancing agreements subsequent to royal decree-law 4/2014 and extension of the effects to dissenting entities

31 October 2014

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Spain

Newsletter - Restructuring - February 2015 - Madrid Provincial Court (Division 28) ruling of July 18, 2014, No. 229/2014: rescission of the contextual guarantee for third-party debt

06 February 2015

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Spain

Act 17/2014, of September 30, on urgent measures for refinancing and restructuring corporate debt (from Royal Decree-Law 4/2014, of March 7)

31 October 2014

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Madrid Commercial Court No. 1 ruling of June 10, 2014, proceedings No. 595/2013: the inefficacy of the composition agreement due to non- fulfillment renders the debt relief agreed void of effect

31 October 2014

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Spain

Royal Decree-Law 11/2014, of September 5, on urgent measures in insolvency matters

31 October 2014

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Spain

Supreme Court ruling of July 10, 2014, No. 192/2014: credit arising from an interest swap is against the insolvency estate if the agreement is terminated in the interest of the insolvency

31 October 2014

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Spain

Barcelona Commercial Court No. 9 ruling of September 8, 2014: classification of the remaining credit after the cancelation of a second- ranking mortgage through an assignment in lieu of payment (dación en pago) in respect of the creditor of the first mortgage

31 October 2014

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Antibioticos S.A.U.: authorization of sale of production unit

31 October 2014

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Spain

Mortgages under siege

12 November 2014

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Spain