Spain: : Can equity be crammed down?

• Autores: Ignacio Buil Aldana, José Luis Lucena
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 1, 2015
• Idioma: inglés
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• Resumen

  • The article offers information on public debt problem in Spain. Topics discussed, include Spanish insolvency law, Spanish debt-for-equity swaps, new insolvency liability regime for shareholders and administrators, statutory refinancing agreements to decrease the majority required to approve a share capital increase and debt-for-equity swaps and the position of shareholders in restructurings.