Author Archives: Andres Monereo


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Impact of reform on sale of corporate assets

The recently-enacted Law 31/2014 of 3rd December 2014, which reforms the Corporate Enterprises Act, reserves to the General Meeting of members or shareholders powers in relation to the acquisition, disposal or transfer to another company of “essential assets” (article 160, paragraph f). An asset is deemed to be essential when the amount of the transaction […]