Transactions on works of art of great value, though lucrative, are often a source of concern for all parties involved, who may not be sure if their efforts will come to fruition. In response to certain irregularities in these operations, a legal figure has appeared at the international level whose presence is increasingly desired in.
As one of the few Spanish law offices that specialises in Art Law, we can confirm that the intervention in the complex world of Works of Art and Cultural Goods necessarily requires expert advice. In this field of expertise, several areas of practice are involved: Criminal Law (smuggling, crimes against Historical Heritage and crimes against.
The record achieved on November the 13th by a work of Francis Bacon, Three Studies of Lucian Freud (1969), in an auction held at Christie’s, New York, has caused widespread astonishment, featuring on the front pages of newspapers, and, above all, it has revealed to the public just how juicy the art business has become.
In response to the uncertainty existing in international transactions, the European Union has issued two legal instruments of great interest. In 1984, Spain issued the General Law for the Defence of Consumers and Users; a law that was intended to establish a set of measures able to resolve the various conflicts that could arise in.
As you may already know, on the 20th of September a draft for a reform of the Spanish Penal Code was published, which, according to Minister for Justice, Alberto Ruiz-Gallardón, promises to “transform” this branch of the Spanish legal system. The text covers a multitude of facets of criminal law, although its most distinctive feature.
The European Court of human rights (ECHR) ruled on October 10 that an Estonian court was correct when it condemned Delphi, a news web site featuring anonymous comments, as a result of the offensive nature of some of the comments that could be found there. Delphi had published a story about a ferry company that.
Again the highly controversial “Preferential shares” (or preferentes), are a subject of debate in all public forums, this time as a consequence of a judgement of the Provincial Audience of Vizcaya with regard to the bank “Santander”. For those who are not aware of the evolution of these shares, perhaps it is convenient to sum.
Businessmen and the self-employed who undertake a business venture in Spain have reason to rejoice. The highly anticipated “Entrepreneur Support Act” has finally arrived, a legislative reform that promises to revitalize those sectors of the Spanish economy most affected by the economic crisis and facilitate both the day to day existence of entrepreneurs who are.