EU AI Act: Prohibited practices and penalties

On 2 February 2025, the first phase of implementation of the EU AI Act came into force, setting a milestone in regulating this technology. The regulation aims to ensure the safe and ethical use of AI by establishing a number of restrictions…

Have you bought property in Spain? Protect your investment with a will

If you have bought property in Spain, you have probably considered its upkeep, taxes, and other management aspects. However, inheritance planning in Spain is a crucial matter that many foreign owners tend to overlook. Upon death, assets…

Phantom Shares and Stock Options: key tools for startups

In recent years, startups have boosted the Spanish business ecosystem, driving innovation, digitisation and job creation. They have also contributed to new corporate structuring models and incentives designed to attract talent and capital,…

Attention to Deadlines for BACEN Capital Declarations 2025

SISBACEN REGISTRATIONS (BCB Resolution No. 278, of 12/31/2022; BCB Resolution No. 348, of 10/17/2023; Joint BCB Resolution No. 13 of 12/03/2024 and Law No. 14.286, of December 29, 2021). 1. EXTERNAL CREDIT OPERATIONS – SCE CREDIT According…

AGM Abogados strengthens its prestige in Chambers Europe 2025

AGM Abogados has been recognised in the prestigious Chambers Europe 2025 guide, reinforcing its position as a leading law firm in the following areas: Dispute Resolution: For the first time, AGM Abogados has been ranked in…

New obligation to negotiate before filing a lawsuit: what you need to know

The recent Organic Law 1/2025, of 2 January, introduces a significant change in civil and commercial proceedings in Spain: before filing a lawsuit, companies must first attempt to resolve disputes through alternative dispute resolution…

When and why do you need a Data Protection Officer?

The Data Protection Officer (DPO) is a key figure at most companies. The officer’s main function is to guarantee compliance with the European Data Protection Regulation (GDPR) and the other applicable regulations, minimising risks and…

Locked box, leakage and permitted leakage in share purchase agreements

In share purchase transactions, it is essential to establish a clear pricing mechanism. There are various methods for doing this, two of the most commonly used are the completion accounts and the locked box mechanism. The locked box…

Key legal aspects of software contracts

What should you consider when entering into a custom software development contract? This is a common scenario. The issue is so widespread that we have decided to explore it in a series of articles. Let us examine the typical case:…