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NEW DRAFT BILL – SPANISH PATENT ACT

On the 24th of July 2015 the Parliament approved the new Spanish Patent Act (24/2015), consisting of a complete revision of the current system, which shall substitute the existing act, dating back to 1986. The main purpose of this Law is to assimilate the regulations into international legislation, updating them in line with current context and changes. It also aims…

CROWDFUNDING IN SPAIN (II)

This note has been published as a follow up to our previous information note CROWDFUNDING IN SPAIN. On this occasion, we are going to concentrate on who may invest and what limits may be imposed upon the investor. In the first place, it must be noted that the law on collective funding separates investors into two types: (i) accredited; and…