Application of force majeure and hardship under Spanish law

Download the PDF document here The purpose of this memorandum is to address the impact of Covid-19 Coronavirus on the performance of contracts under Spanish law. In particular, we will address (i) force majeure principles, (ii) hardship rules, and (iii) MAC clauses in acquisition agreements and finance documents. 1. Context On 30 January 2020, […]
Does the new early termination legal regime really impact on NPL’s transactions?

In principle, it may be believed that the new early termination legal regime provided for in Law 5/2019 of 15 March, regulating real estate credit agreements (“Ley de Contratos del Crédito Inmobiliario” or “LCCI”) could have a major impact on the sale of real estate portfolios and non-performing loans (“NPLs”). Indeed, with the new early […]
Araoz & Rueda partner, Francisco Solchaga, awarded in the ‘Client Choice Awards 2020’

Araoz & Rueda partner, Francisco Solchaga, has been recognized as a Client Choice winner in the category of Energy & Natural Resources in the ‘Client Choice Awards 2020’ organised by the International Law Office (ILO), in collaboration with Lexology. These awards recognize those law firms and partners around the world that stand apart for the […]
Araoz & Rueda appoints Laura Vintanel as a new partner of the firm

Araoz & Rueda has appointed Laura Vintanel as a new partner of the Corporate Department. Laura advises national and multinational companies on legal and corporate matters, focusing mainly on the energy sector. In this field, she advises on all kinds of corporate and commercial issues as well as those directly related to the regulatory aspects […]
IFLR1000 2020 – Araoz & Rueda featured in new rankings
The prestigious IFLR1000 guide highlights one more year Araoz & Rueda as a leading firm in Europe in 2020. The ranking highlights the firm in the following areas of practice: Corporate / M&A, Banking & Finance, Capital markets: Debt, Capital markets: Structured finance and securitisation, Capital markets: Equity and Restructuring and Insolvency. The following partners are recommended: […]
Not only bad news from the United States

While we have been bombarded almost daily with the unfair increase in custom duties on olive oil and wine products to the United States (“US”), we have also received good news from the US. On 16 July 2019, the US Senate finally ratified (after years of suspension by the US Senator Rand Paul) the protocol […]
Pedro Rueda, among the 50 best Spanish lawyers of the year according to the ranking of Iberian Lawyer

Our partner Pedro Rueda has been recognized among the 50 best lawyers of the year by the publication Iberian Lawyer, which has elaborated for the first time a ranking with the most outstanding lawyers of the market during 2019. The publication –one of the most relevant sources of legal information for the Spanish and Portuguese […]
Rafael Bazán, author of the Spanish chapter of the new Lending & Secured Finance Country Comparative Guide published by The Legal 500
Our Banking and Finance partner, Rafael Bazán, has participated as author of the Spanish chapter of the Comparative Lending & Secured Finance Country Guide 2019 published by the prestigious legal directory The Legal 500. Designed to give the in-house community greater insight to the law and regulations in unfamiliar jurisdictions, each country chapter is written […]
Araoz & Rueda, recognized in Expansión ranking among the main national firms
Araoz & Rueda ha sido reconocido por el Ránking de Despachos de Abogados de Expansión Jurídico, que hoy publica el diario económico Expansión, entre los bufetes más importantes del país. En la clasificación general de despachos españoles por volumen de negocio, el bufete se ha situado en 31ª posición de un total de 63 firmas. […]
The Legal 500 2019 highlights Araoz & Rueda in eight areas of practice
The prestigious international legal directory The Legal 500 recognizes Araoz & Rueda as a leading firm in Europe in 2019. The Legal 500 has included Araoz & Rueda as a recommended firm in the following areas of practice: Banking & Finance, Corporate and M&A, Dispute Resolution, Employment, Private Equity, Real Estate, Projects and Energy and […]