• The 2014/2015 Gradual Reform of Spanish Insolvency Act: How it Affects the Business of Investors in Distressed Debt
  • April 29, 2015
  • Law Firm: Dentons Canada LLP - Toronto Office
  • We are witnessing an unprecedented review of Spanish Law 22/2003 on Insolvency Proceedings (Spanish Insolvency Act or “IA”). With the recent approval of three Royal Decree-Laws (“RDLs”), namely RDL 4/2014, of 7 March, RDL 11/2014, of 5 September and RDL 1/2015, of 27 February), the Spanish legislator seeks to achieve three main goals.