Spain: Can equity be crammed down?

  1. Aldana, Ignacio
  2. Buil Lucena, José Luis
Revista:
International financial law review

ISSN: 0262-6969

Año de publicación: 2015

Volumen: 34

Número: 1

Tipo: Artículo

Otras publicaciones en: International financial law review

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.