COVID-19: Insolvency Reform Package adopted by the Spanish Government: Duty to File for Bankruptcy and Duty to Promote the Winding-up or Recapitalization of the Company
On April 28, the Spanish Government approved Royal Decree-Law 16/2020 (‘RDL 16/2020’), passing a series of insolvency, refinancing, corporate and procedural measures. The purpose of the legislation, expressly set out...