Spain: Can equity be crammed down?
- Aldana, Ignacio
- Buil Lucena, José Luis
ISSN: 0262-6969
Ano de publicación: 2015
Volume: 34
Número: 1
Tipo: Artigo
Outras publicacións en: International financial law review
Resumo
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.