On 3 December, 2014, Law 31/2014 (the ‘Act’), which modifies the Corporate Enterprises Act to improve corporate governance was approved. The Act, which was published in the Official State Gazette on 4 December, became effective – with the exception of the specific instructions for certain precepts of its transitional provision – on 24 December, 2014. […]
On 24 February 2015, the Spanish National Securities Market Commission, Comisión Nacional del Mercado de Valores (CNMV), published the new Unified Good Governance Code for listed companies, drafted by a group of experts created especially for
The new Decree Law 26/2015 of 6 February, which has already entered into force, amended the Companies Code in order to update the legal regime for preference shares (PS).
On 4 December, 2014, the Spanish Official State Gazette published Ley 31/2014, de 3 de diciembre, por la que se modifica la Ley de Sociedades de Capital para la mejora del gobierno corporativo (the LSC Reform Act) which amends
M&A activity has increased dramatically with substantial growth in both deal value and volume – however, this poses new challenges for law firms, which must work out how best to serve clients as they
Financial services M&A – particularly in relation to the cajas, or savings banks, and there divestitures – has been one of the main sources of work for corporate lawyers recently, according to Antonio Sánchez
New rules for venture capital and private equity funds will reduce regulatory burdens and help struggling sectors to attract investment, but they are not perfect
Due to the economic crisis, some Portuguese public companies chose to adopt an American or British-style governance model, but these are insufficient
The dynamics of the legal market are shifting with the result that there is now a greater convergence between commercial law and public law, according to Jordi Casas, a partner at Roca Junyent in Barcelona.
