The bill to amend the Spanish Companies Act to improve corporate governance introduces major changes that affect directors’ pay. These changes relate to transparency, proportionality and stipulate that pay must adhere to market practices and standards. The system of directors’ remuneration must be set out in companies’ articles of association and pay must be reasonably […]
The regime for directors´ duties is under review and will be reinforced both from the corporate law duties and criminal law perspectives. In order to improve the corporate governance of Spanish entities, the legislator is
When it comes to corporate crime, companies need to be aware of the best models to ensure compliance and avoid charges, and advisers can help
The last year has again been characterised by a tough economic environment. The difficulties to access bank financing persist and ‘shadow banking’ and alternative financing are on the rise. Mergers have been scarce, and companies
The recent drop in asset prices in Spain has caught the attention of foreign investors that are eager to snap up bargains, says Adolf Rousaud, Managing Partner at Rousaud Costas Duran, which recently marked its
This end of the market has much transactional potential, and to play a role, law firms need to determine the definition of an SME
Buyers and sellers are increasingly turning to these agreements for M&A transactions, but there are pros and cons to fixing the purchase price of an asset
While big companies such as multinationals and banks have been doing it since the 1990s, the economic climate is now forcing the mid-market, across all sectors, to internationalise for survival, says Jordi Casas, Head of
Corporate activity may be slow in Portugal, but new sources of equity are promising to push investments forward