October 24

Entrepreneur Support Act: Frequently Asked Questions

  In response to the many doubts caused by the new Entrepreneur Support Act (Ley de Emprendedores), we offer the following answers to frequently asked questions about the fifty euro flat rate to be paid to Social Security under the new legislation, along with practical examples of it´s application.   1) Who can benefit from.

October 22

Latest Judgement about Preferential Shares

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.

October 15

New “Entrepreneur Support Act”. Law 14/2013

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.

June 9

Overwhelming judgment against bank activity

Sevilla Appeal Court (Civil Division) handed out an overwhelming judgment against abusive bank activity. The judgment contains a declaration of nullity of a contract “swap” (called “Clip Bankinter”) and condemn the bank to refund the client in 52.000,00 € and pay all the costs. The AC judgment includes many interesting pronouncements as we summarize below:.