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FACEBOOK LIBRA ¿CURRENCY OR DIGITAL ASSET?

Recently, Facebook announced its intention to launch a “cryptocurrency” called Libra in spring of 2020. This is not really ground-breaking news given that currently many so-called cryptocurrencies (in our opinion, digital asset units) already exist and circulate in the market, which are based upon blockchain technology. However, Facebook’s announcement has aroused much interest as well as concerns of a diverse…

THE PROTECTION OF “DESIGN STYLE” AND UNFAIR COMPETITION (the MR. WONDERFUL V. CIAL LAMA/DCASA case)

In a recent judgment of the Community Design Court number 1 of Spain (Judgment 106/2019 of 6th May 2019 issued by the Commercial Court number 1 of Alicante), which is the relevant court for hearing such matters since it is also the location of the offices of the  Intellectual Property Office of the European Union (EUIPO), the question arises as…

COMPULSORY TRANSMISSION OF MEMBERSHIP INTERESTS (SHARES)

Article 109 of the Spanish Capital Companies Act (SCC), contains various provisions regarding the compulsory transmission of membership interests: (1) Firstly, the obligation on the part of the Company, upon notification by the courts or administrative authority decreeing the seizure, to note the seizure in the members registry book and to immediately send the notification received to those partners free…

AGREEMENTS ON SUPPLY OF DIGITAL CONTENTS AND SERVICES

EU Directive (EU) 2019/770 concerning contracts for the supply of digital content and digital services was published recently on 22nd  May. It is a set of regulations on the requisites which contracts between traders and consumers for the supply of digital content or digital services must contain. These rules apply to contracts between traders who supply digital contents or services…