Sustainability Report 2024
DOWNLOAD
Right of separation due to change in corporate purpose
The Provincial Court (AP) of Madrid considers that the lack of coincidence between the corporate purpose and the activities actually carried out by a company does not allow a shareholder to separate from the company. In its judgment no. 46/2025 of February 7, 2025, the AP analyzes the challenge to a shareholders’ meeting agreement regarding […]
Joint account agreement or irregular partnership
The Provincial Court (AP) of Jaén confirmed the nullity of a joint account agreement signed in August 2015, on the grounds that it concealed an irregular partnership whose purpose was to circumvent an express legal prohibition on administrative concessions for tobacco shops. Two individuals signed a contract, which was nominally classified as a joint account […]
Merger by absorption: When to file corporate income tax?
In the context of a merger by absorption registered in the Commercial Registry during the 2025 fiscal year, the absorbing entity assumes the obligation to file corporate income tax returns for both its own activity and that of the absorbed entity for the current fiscal year. The income generated by the absorbed entity will be […]
Guidelines for setting the remuneration of directors
The Supreme Court confirms that the remuneration of directors must be proportional to the importance and economic situation of the company, in accordance with article 217.4 of the Capital Companies Act (LSC). The Supreme Court has ruled on an appeal against a judgment of the Provincial Court that had upheld the challenge to the shareholders’ […]
Employment advisory in Spain: What your company needs to know
DOWNLOAD
Our Beckham Law Guide
DOWNLOAD
Guide for the Relocation of Employees to Spain
DOWNLOAD
Our guide to ETVEs
DOWNLOAD
Validity of testamentary provisions for the disassociation of voting rights from shares
The Provincial Court of Madrid reaffirms that testamentary provisions can establish the disassociation of voting rightsof shares without violating corporate public policy. Facts of the case In his will, Mr. Alfredo bequeathed the bare ownership of shares in Aceites Toledo S.A. to his sons, Mr. Evelio and Mr. Cándido, while his wife, Mrs. Evangelina, received […]
