Corporate
First demand guarantees
The guarantee on first demand (on first demand) has been the best possible guarantee for many years. Another surprising Judgment questions it now.
Debt restructuring and refinancing, differences and concepts
The purpose of refinancing is to replace an existing loan with a new loan. Refinancing is carried out to obtain more favourable conditions. Restructuring is usually associated with short-term cash…
Penalty clause and its moderation in Courts
The criminal clause is a provision established in a contract to guarantee the fulfillment of a main obligation. Notwithstanding the agreement, the Judge has the ability to modulate the sentence
Imbalance as a cause of dissolution
An asset imbalance as cause of dissolution arises when, company’s losses within a financial year reduce equity below the company's share capital value.
Self-contracting
Typically, powers include this mention "even if it is self-contracting." But what is self-contracting? How is it regulated?
Security rights in debt refinancing
In this article we will discuss what the usual security rights provided in a debt restructuring process are. Specifically, we will focus on security rights such as the mortgage and…
Company Dissolution: Directors’ Duties and Liabilities
The responsibility of administrators for the non-dissolution of the Company is an objective responsibility. There is not much scope for interpretation.
Defects of consent: Brief concept, consequences.
Is there a defect of consent in the sale of a company if these financiers do not respond to the faithful image of the Company's assets? What if there was…
Corporate Law in Bulgaria
Highlights if you want to know more about Corporate Law in Bulgaria. This collaboration is a brief step-by-step guidance. Learn about the regulations and rules, types of companies and management.
Financial Assistance
Financial Assistance is commonly provided in finance. Also in Spain. However, SA are only partially allowed to provide such assistance whilst SRL (SRL) are banned to do so.
