The new Royal Decree-Law 12/2018 on network security and information systems was published in the Spanish Government’s Official Gazette on 8th September 2018 and entered into force on the following day. This royal decree-law is intended for establishing mechanisms, which from a comprehensive perspective, improve protection against threats to networks and information systems by facilitating the coordination of measures taken…
The resolution of the General Directorate of Registries and Notaries (Dirección General de Registros y Notariado – “DGRN”) dated 20th July 2018 clarified the legal requirements for the registry cancellation of a mortgage established on a property before the announcement of insolvency proceedings, wherein said property was adjudicated pursuant to the judicial auction held in accordance with the approved liquidation…
Article 86.1 of the Spanish Capital companies Act (Ley de Sociedades de Capital – “LSC”) establishes that Spanish companies may establish accessory obligations other than contributions. In the case object of the recent resolution issued by the General Directorate of Registries and Notaries (Dirección General de Registros y Notariado – “DGRN”) dated 26th June 2018, the partners of a limited…
The director of a limited liability company proposed at its General Shareholder’s Meeting that the profits gained should be allocated entirely to voluntary reserves. The proposal was approved with only one vote against from a partner (shareholder) who proposed that the distribution of the totality of the profits, plus half of the voluntary reserves be put to a vote. The…
On 28th April 2018 the European Commission published a set of measures for tackling online disinformation. The recent Facebook / Cambridge Analytics revelation has demonstrated just how personal data can be exploited in electoral scenarios and are a fitting reminder that more is needed to secure strong democratic processes. The Commission has taken a step forward in the fight against…