As the financial crisis shows signs of subsiding, companies are again looking to explore investment opportunities in Latin America. However, there is some concern that some political leaders in the region may seek to use the recent crisis to advance protectionist policies that could diminish the value of such investments. This article considers political risk […]
Despite the introduction of reforms in March 2009 aimed at encouraging out of court agreements between debtors and creditors in Spain, pre-insolvency processes remain far too rigid for practical application, says Agustín Bou, Head of
Limits may have been recently established surrounding the liability of Directors in insolvency situations in Portugal but the threat nonetheless remains
Dos años después del comienzo de la crisis financiera, los abogados son mucho más conscientes de la complejidad de la regulación de la reestructuración y la insolvencia y los principales
Labour restructurings are still being seen in Spain albeit the volume of activity may be down on last year, but companies remain apprehensive about what 2010 may bring
The issues being presented by clients to Iberia’s restructuring and insolvency lawyers remain consistent, but as the financial crisis evolves their relative weight in the equation might have changed, say many. Significant also has
The inflexibility of Spanish insolvency law is leading companies to look internationally for new jurisdictions from which to restructure their operations
Practical barriers have so far prevented signficant distressed debt sales in Spain but this may change over the coming months
The secretary plays a key role in the proper functioning of the Board. In principle, unless otherwise stated in the corporate by-laws or in the contract between the company and the secretary, the secretary’s
Given the current economic climate we have seen an increase in the concerns of shareholders, in particular parent companies or majority shareholders, to limit their liability for the debts of their subsidiaries and to ensure