The remuneration of the directors of the company First of all, it should be noted that the position of administrator can be paid or not, the Capital Companies Law (hereinafter, LSC) establishes in its article 217 that the position of administrator is free, unless the bylaws of the company stipulate that it must be remunerated, […]
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Archaeological deposit as an asset of cultural interest In my previous article, Protection of movable or immovable property of artistic, cultural or historical value, I described Situation C, which was raised by my client in the Firm: “The family of a friend (more than a client, but also), had and still has a family farm
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What is unfair competition? Unfair competition is illegal behavior by which a company, professional or natural person distorts or may distort the behavior of the consumer or of a specific market. Unfair competition is normally defined as the act that seeks to obtain a competitive advantage through irregular behavior that does not meet the general
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What are syndicated loanss Introduction to syndicated loans What is a syndicated loan? The syndicated loan (“syndicated loan”) or creditors union, is a loan contract by which several creditors agree to lend to a client. The syndicated loan is aimed at satisfying significant financing needs, and involves pooling the efforts of several creditors, federated or
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Introduction to syndicated loans Syndicated loans are loan contracts in which several lenders agree to issue a loan for a client. Syndicated loans are devised to satisfy extensive capital needs, and put together several lending parties, sometimes arranged by one of those parties. This sets the difference with other classical loan agreements, where one or
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Formulation of the Rebus Clause in the execution of leases This comment does not intend to analyze the content and regulation of the Rebus clause, an issue that has been extensively discussed for months. We focus on the best way to obtain judicial protection under the aforementioned clause for those who have the right, or
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New consequences derived from the lack of deposit of the annual accounts In Spain, the Mercantile Registry estimates that there are close to 1.5 million inactive companies and, until now, not depositing the Annual Accounts in the Mercantile Registry did not entail legal consequences or for the company, nor for its administrators or liquidators. However,
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Temporary suppression of the right of separation of the partner The legislation enacted during the state of alarm has substantially affected the right of separation provided for in ARTº 348 BIS LSC. First was RDL 8/2020: Artº 40.8. Even if there is a legal or statutory cause, in capital companies the partners will not be
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Nullity of usurious interest on microloans, consumer loans and cards revolving At JLCasajuana Abogados we are specialists in claims against microloan companies, consumer loans and revolving cards. We have obtained the annulment of several of these loans, significantly reducing the amount that the client must return to the financial institution. At the same time, if
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Improper inclusions in asset solvency files Compensation of up to 10,000 euros for improper inclusions in asset solvency files What are asset solvency files? Equity solvency files, also known as delinquency records, are privately owned credit information systems whose main purpose is to provide information on non-compliance of consumer and user debts. One of the
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