Corporate

Changes to directors´ pay rules – Linklaters

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

Employment

New criteria for redundancy – pbbr

A new legal framework applicable to employees’ selection criteria with regard to individual redundancy and maladjustment procedures came into force on 1 June, 2014. Law no. 27/2014 is a consequence of the Constitutional Court’s Ruling no. 602/2013 which