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Blog, business, company, sales contract
Fondo oscuro

The Rebus Sic Stantibus clause and rent reduction.

The crisis due to Covid-19 has generated a very important economic problem derived from the drop in turnover, clientele loss, capacity limitations, commercial establishments opening and closure hours’ limitation. Many of the establishments are not owned by the activity holder, they are rented with different contract’s term duration and with an established rent in a […]
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Blog, Commercial Law, compraventa, mercantil, sales contract
Fondo oscuro

How to distinguish between the civil and commercial nature of a sales contract and what does this distinction imply.

Although there is currently no single line of jurisprudence and doctrine, it is certain that, following the conditions of Article 325 of the Code of Commerce – which must be put in connection with Article 1. 445 of the Civil Code, which defines the contract of sale – the nature of the sale contract’s differentiation […]
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Blog, business, company, legal, mercantil, Trade
Fondo claro

The Golden Share (or how to guarantee State control in privatized companies).

When the State decides to dispose of its shareholdings and leave them – totally or partially – in private hands, there is no guarantee that the services of public interest that these companies offered will be sufficiently protected. For this reason, several of the States that privatized their public companies (energy, gas, telecommunications, electricity, airlines, […]
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Blog, Commercial Law, Company Law, mercantil
Fondo oscuro

What is a “drag along” clause?

In today’s blog post for Devesa & Calvo Abogados Alicante and Valencia, I am going to refer to the “drag along” clause, also known as drag along right. This type of clause is often used in our professional practice to protect those clients who wish to have the possibility of closing a good business deal […]
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Blog, business, economy, mercantil
Fondo oscuro

Warrant. Concept and types.

Warrants and listed companies. For those new to capital markets, this concept will at least be familiar relating  to economic press news about listed companies on markets such as the continuous Spanish Stock Exchange market (Bolsa Española)  in Madrid, the Alternative Stock Market (MAB) or EURONEXT in Paris. Indeed, shares or shares portfolios are one […]
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Blog, Company Law, corporate law, societies
Fondo oscuro

Zombie Companies: Implications of corporate inactivity.

It is not unknown that some businessmen have opted over the years to leave their companies “inactive” when, in fact, they should have opted for their dissolution and liquidation before they became the so-called “Zombie Companies”. The purpose of this decision was none other than to avoid considerable dissolution and liquidation costs (basically, the formal […]
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