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REFORM OF BANKRUPTCY LAW 22/2003

1.- Introduction The Reform of Bankruptcy Law 22/2003 was published on 4th October. Said reform shall enter into force on 1st January 2012, however, certain provisions shall enter into force immediately following the publication of the Law. The report below focuses on the articles of the Bankruptcy Act, which entered into force on 5th October 2011, by way of an…

THE SPANISH GOVERNMENT REFORMS THE EMPLOYMENT FRAMEWORK IN ORDER TO ALLEVIATE YOUTH UNEMPLOYMENT

1.- Introduction: After the initial uncertainty existing with the new employment reform and the deep hostility, which it has raised amongst the social agents and in certain political parties, the government has gone ahead with the Royal Decree Law 10/2011 of 26th August in Parliament, in order to promote stable employment. The new Royal Decree Law contains several modifications to…