Some international companies still have concerns that arbitrators in Spain are not impartial and that there are problems with corruption
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If judges are given a lot of discretion then the concept of “legal certainty” – which is what clients want – is difficult to achieve, Joaquín García Bernaldo de Quirós, partner at Ramón
Courts are doing more to alleviate the troubles of debtors, the result of which has been that, with the real estate market in decline, banks own a lot of property with little value
Despite the fact that clients may prefer arbitration over litigation for the flexibility, independence and specialism it offers, it has traditionally been considered the more expensive option, according to Paulo de Moura Marques, founding partner
EU regulations on recognising member state judgments in other countries represent progress, but there is still uncertainty
Arbitration could increase as new companies and joint ventures – involving local businesses and international partners – are established in Spain
Recent years have seen profuse regulation of Portugal and Spain’s ADR systems, with a clear target of boosting these methods and offloading cases from the Courts and Tribunals. But there is still a long
Spain has made access to its Supreme Court much tighter to ease the case burden on the country’s most senior legal institution
Forensic accountants are seeing an increased focusing on implementing preventative mechanisms to manage and avoid conflicts from the very beginning
Clients considering arbitration weigh up numerous factors, such as cost, duration and preferable outcome. One element that causes many companies to refrain using it is the independence of arbitrators in certain jurisdictions, according to Luí
