Posts

Non-attendance of the governing body at the general meeting

While article 183 of the Spanish Companies Act (hereafter, “LSC”) allows the shareholder to delegate his representation at the general meeting to a third party, article 180 of the LSC establishes the obligation of the directors to…

AGM Abogados distinguished, once again, by the international directory The Legal 500

In its 2024 edition, the renowned international directory The Legal 500 has highlighted two areas of AGM Abogados. On the one hand, it has highlighted the Dispute Resolution area, led by Sergio López, Guillermo Bayas, Miguel Noriega and…

Safety in consumer products according to Regulation (EU) 2023/988, of May 10th, 2023, from the perspective of the manufacturer and the importer

This European Regulation, set to become mandatory in all its facets and directly enforceable across each Member State starting December 13th, 2024, primarily aims to ensure the health and safety of consumers concerning products designed…

Privacy and Data Protection Risks in the Use of Artificial Intelligence

Artificial Intelligence (AI) has revolutionized various sectors, bringing exciting innovations. However, along with its advantages, significant challenges arise, especially regarding the protection of data subjects. AI employs a variety of…

Analysis of the Mergers and Acquisitions market in Spain for 2023

The year 2023 was the scene of a number of changes and challenges in the Spanish mergers and acquisitions (M&A) market. According to TTR’s annual report, a total of 3,032 M&A transactions were carried out, with a combined value…

Receiving an inheritance from abroad: special considerations for Spain taxpayers

My habitual residence is in Spain and I receive an inheritance abroad. Do I have to pay taxes in Spain? Can I deduct inheritance tax paid abroad? The tax consequences in Spain of receiving an inheritance abroad will depend on where…

Franchise networks and the protection of personal data

Although it came into force on 25 May 2018, compliance with the GDPR still remains a challenge for many businesses, particularly franchise networks. Such commercial collaboration between companies inherently involves the processing of personal…

The Co-Investment Fund (FOCO)

In Spain, the Council of Ministers of 27 December 2023 approved the creation of the Co-Investment Fund (also known as “FOCO” in spain). The management of the Fund is entrusted to COFIDES and will have resources from the Next Generation…

“Silent bankruptcy” – Unpublicised preparation for a business failure – A new and efficient tool in the restructuring toolbox?

INADEQUACY OF JUDICIAL REORGANISATION (“PGR/PRJ”) PROCEDURES – (procedure gerechtelijke reorganisatie {PGR} / procédure réorganisation judiciaire {PRJ}) Successive crises have resharpened businesses’ focus on how to achieve…