Claim for the price of the house not delivered There are many Spaniards who agreed to purchase a home off-plan, paying the corresponding reserve price, and subsequently have been left without receiving said promised home or recovering the amounts delivered back in the day. Many developers and construction companies have gone bankrupt, entering bankruptcy proceedings, […]
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What is Project Finance Pproject Finance is a legal figure that allows the financing of a project through the cash flows that such project will generate in the future. The financing of these operations is supported by the same project assets, from fixed assets and machinery to future economic exploitation rights. Through Project Finance, the
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Relevance of Political Risk Insurance in the Russia-Ukraine conflict Relevance of Political Risk Insurance (pri – political risk insurance) in light of the armed conflict between Russia and Ukraine Definition of political risk and alternatives for its mitigation Since the global financial crisis of 2008, political risk and socioeconomic instability have been two of the
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The responsibility for damages of the Community of owners There are numerous matters that reach the Civil Law departmentin relation to the responsibility of the Communities of Owners, so in this publication I am going to make a concise outline of their obligations, origin and limits. Before delving into the substance, clarify that the Communities
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Owners’ right to information in a neighborhood meeting Limits on the right to information of owners in a neighborhood meeting A client raises the following question regarding the Meeting of Owners where the change of elevators in his building was agreed. In the call it was indicated, within the items on the agenda, that the
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A ruling declares the price review formula used by Gas Natural null and void Comentamos a continuación la solución que hemos obtenido actuando este despacho como defensa a un problema que afecta a múltiples Comunidades de Propietarios. Concretamente nos vamos a referir a contratos acordados por parte de Comunidades de Propietarios con Gas Natural, que
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Neighbourhood communities are consumers when signing service lease contracts In a new Judgment of April 13, 2021, the Supreme Court has recognized that the neighborhood communities are consumers in relation to the lease contracts for services that may formalize such as maintenance of facilities and elevators, cleaning of common areas, garbage collection, concierge services, etc.
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The merger of companies: classes and procedure In previous articles, such as the one by Joint Agreements Venture, we identify the merger of companies as a business growth operation in which two or more registered commercial companies are integrated into a single company through the block transfer of their assets and the attribution to the
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Letter of intent in purchase and sale operations Letter of intent or Letter of intent in business purchase and sale operations The letter of intent in sales operations constitutes the embodiment on paper of a will to buy by the interested buyer, and a will to sell by the owner of the company in question.
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Factoring contracts as a means of financing for companies By means of this type of contract, a Factoring company (commonly called a “factor” company) acquires the credits that a company or businessman holds against its clients They are a short-term financing alternative aimed at small and medium-sized companies that convert credit sales into practically cash
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