Debt Collection
10 keys about the dividend distribution you must not ignore.
1) Within three months of the end of the financial year the administrative body must formulate: the annual accounts; the management report; and the proposal for the application of the…
Termination of contracts in the Bankruptcy Procedure
When is a contract terminable if one of the parties is in bankruptcy ?: When there is damage to the active mass of the bankruptcy
Parent Company, Subsidiaries and Bankruptcy Procedure
Can a decision by the parent endanger the viability of one or more subsidiaries, and does the parent need to compensate it in any way?
Lifting the corporate veil
The lifting of the veil is a limitation of the legal personality of the companies. Its final objective is to prevent the infringement of the rights and interests of third…
The dissolution of a Company due to the paralysis of its corporate bodies.
What’s the dissolution of a Company ? It is the legal act that opens the process of liquidation that will lead to the extinction of the company.
The acquisition of the Production Unit in the Bankruptcy Procedure
The acquisition of the Productive Unit in the Creditors' Contest can be an excellent investment opportunity. Although, not without risk.
Are Simulated contracts null and void?
Simulated contracts are bound to be declared void, regardless of their relative or absolute simulation character. The difference is that, in relative simulation, the simulated business will still be valid.…
Execution and Garnishment
The embargo is the judicial act by means of which, the debtor's assets and rights are used for the payment of the credit
A Practical Guide to Directors Liability
The company’s director will be held responsible of the company's debts to the company’s owners and to its creditors. He must therefore respond with his personal assets for the company's…
The direct action of art. 1597 CC. (2020)
The art. 1597 of the Civil Code, provides for a special regime for the protection of credits derived from a work contract. It is what is called "direct action"
