News

New Bankruptcy Law

The project for the Reform of the Consolidated Text of the Bankruptcy Law, recently returned to the Congress of Deputies due to the admission of an amendment in the Upper House, regulates a new procedure that will have great implications for micro-enterprises. The difference with the previous regul...

Patrimonial responsibility of the State in the implementation of anti-covid measures

The art. 3 of LO 4/1981, which regulates the state of alarm, establishes that people who suffer any damage as a result of the implementation of this state of alarm will have the right to be compensated. This responsibility is also included in art. 32.3 of Law 40/2015 that regulates the Public Secto...

Corporate solidarity with our Egyptian colleague Mohamed el-Baqer

Mohamed el-Baqer is a human rights lawyer and director of the Adalah Center for Rights and Freedoms, which promotes civil and political rights in Egypt. As a lawyer, he has represented human rights defenders, minorities and civilians tried by military courts and who was recently sentenced to 4 years...

MAHESHWARI & CO: The Monthly Digest

STOCK EXCHANGE BOARD OF INDIA (SEBI) SEBI ADVISES MUTUAL FUNDS TO STOP SUBSCRIPTIONS TO FUNDS OVERSEAS: The Securities and Exchange Board of India (SEBI) has advised mutual fund (MF) houses to stop underwriting schemes that intend to invest in the securities abroad. MINISTRY OF CORPORATE AFFAIRS ...

Patrimonial responsibility of the State

The patrimonial responsibility of the Administration derived from the pandemic, be it state, regional and / or local, can be pursued for different causes and also by different means. We will refer in a very summarized and practical way to those that our Firm is developing with all its clients, also ...

Towards a modernization of the Administration of Justice

The crisis caused by COVID - 19 has further accentuated the congestion that the Administration of Justice had been suffering for some years; For this reason, seeking to solve this situation, the draft Law on Procedural Efficiency Measures of the Public Justice Service has come to light, which places...

The Supreme Court establishes that it is not appropriate to issue an injunction when an administrative appeal is pending resolution

The Judgment of May 28, 2020 (cassation rec. No. 5751/2017, rapporteur Mr. Navarro Sanchis), establishes a new and important doctrine on the enforceability of administrative acts according to which the Administration cannot issue an injunction order when an administrative appeal or challenge is pend...

PAJARES & ASOCIADOS ABOGADOS SUPPORTS YOUR CAUSE

Kurdish lawyer Ebru Timtik dies on hunger strike Ebru Timtik, a Turkish-Kurdish lawyer, was part with Aytaç Ünsal of a group of eighteen lawyers arrested in September 2017 who were accused of terrorism crimes and therefore imprisoned in Turkey. All of them are members of either the Progr...

Mortgage Expenses and Opening Commission on a mortgage loan signed by consumer

The Sentence of the Court of Justice of the European Union of July 16, 2020 has resolved issues raised by two Spanish Courts, on abusive clauses included in mortgage loan contracts with consumer, in short:Regarding the "opening commission": It may cause, to the detriment of the consumer, a significa...

Wolf Popper Journal

On May 4, 2020, Wolf Popper LLP filed an amended class action complaint  alleging breaches of fiduciary duty arising from the 2018 buyout of the publicly held shares of GGP, Inc. by GGP’s controlling stockholder, Brookfield Property Partners L.P.  The complaint alleges, amo...

Regulation of the Accelerated Bankruptcy Refinancing Procedure (PARC)

Through Supreme Decree N0.102-2020-PCM, the Regulation of Legislative Decree No.1511 was approved, which created the Accelerated Insolvency Refinancing Procedure (PARC) so that companies and other legal entities can reschedule their unpaid obligations avoiding their insolvency and bankruptcy , refin...

LEGAL ALERT N ° 14 Modifications to the Law of Control of Mergers and Acquisitions

Through Legislative Decree No. 1510, provisions are modified and incorporated into Emergency Decree No. 013-2019, which in November 2019 established the prior control of business concentration operations, better known as the “Law of Prior Control of Mergers & Acquisitions - LCPF ”....

Canosa Abogados Newsletter on responses from countries around the world to the COVID-19 pandemic

We want to keep you informed so that you can make the best decisions in these difficult times. Therefore, we would like to share with you this month's edition of I.T.S.G. Global Tax Journal, dedicated to the responses of countries around the world to the COVID-19 pandemic.This document includes 26 a...

Patrimonial responsibility of the State for the damages produced as a consequence of the governmental measures

Article 32 of Law 40/2015, of the Legal Regime of the Public Sector; determines the right to be compensated by the State for any damages or injuries caused to property and rights due to the normal or abnormal functioning of public services. However, article 34 provides: "damages arising from events...

Express Entry Update

On April 9th 2020, Immigration Refugees and Citizenship Canada (IRCC) issued two rounds of invitations to apply for permanent residence under the Express Entry system. These draws targeted candidates who have either received a nomination from a province or territory, or who have completed on...

Recent Updates to Government of Canada’s COVID-19 Response

In response to the evolving COVID-19 situation, the Government of Canada continues to update its policies and regulations relating to travel and immigration to Canada. The most recent set of changes aim to contain the spread of COVID-19 while also recognizing the important contributions that immigra...

Newsletter Canosa Abogados on the emergency unleashed by Covid19

We are living in new times, VICA times (volatile, uncertain, complex and ambiguous). We want to keep you informed so that you can make the best decisions in these difficult times.We have prepared this work with a digest of all the regulations related to the emergency unleashed by Covid19. We will ke...

Informative note: Change in the alarm state

The state of alarm has also changed company regulations extraordinarily and temporarily, among others, the following:1. The meetings of the Board of Directors or similar may be held by videoconference, which ensures authenticity and connection in real time with image and sound to remote attendees.2....

Canada Continues to Process Applications for Permanent Residence

While border closures due to the coronavirus have temporarily affected travel, Immigration, Refugees and Citizenship Canada continues to accept and process applications for permanent residence in Canada. In the last week, Immigration, Refugees and Citizenship Canada held two new draws inviting candi...

The request for a moratorium on the payment of a mortgage for the acquisition of a habitual residence as a consequence of the COVID-19 crisis.

Summary of Articles 7 to 16 of 12 Royal Decree-Law 8/2020, of March 17, on extraordinary urgent measures to face the economic and social impact of COVID-19.You can request the moratorium on a loan or credit guaranteed with a real estate mortgage for the acquisition of the habitual residence, if you ...

Informative note on the declaration of the state of alarm

"The declaration of the state of alarm in Spain, and the correlatives that have been declared and will undoubtedly be declared in the rest of Europe and other affected countries in the world, represents an extraordinary alteration, an exorbitant and unpredictable disproportion in relation to relatio...

Travel Ban Update: Additional Clarifications from the Canadian Government

The Government of Canada continues to provide updates on the measures to combat the spread of the COVID-19 virus in Canada. We will continue to provide updated information as it becomes available, and we recommend that you monitor official Government of Canada releases for the most up-to-date inform...

Canosa Abogados Newsletter

Argentina legal news.Suspension of the Regime for the Promotion of the Knowledge EconomyCOMMUNICATION "A" 6869 "Flexibility of the Foreign Exchange Market"COMMUNICATION "A" 6885 "Payment Service Providers Offering Payment Accounts"

INVALIDATION OF SALE OF LOW PREMISES INTENDED FOR HOUSING FOR HUMIDITIES APPEARED AFTER THE GRANTING OF THE WRITING

The final judgment dated November 28, 2019, of the Court of First Instance no. Fifteen of Zaragoza, estimates the claim declaring the nullity of the contract of sale of a low premises intended for housing, with recovery of the property by the seller who condemns to return to the buyer the total amou...