Newsletter USA 3/2012

Garrigues is pleased to present its ninth issue of “News”. Prepared by our New York office, “News” highlights Spanish legal and tax issues that may be of interest to you or your clients. In this issue, we take special attention to the new measures adopted to restructure and reorganize the Spanish credit institutions, new regulations in commercial, public and tax legislation to ensure budgetary stability and encourage competitiveness, the creation of the new international covered bonds and the temporary short sale ban on securities admitted to trading in a Spanish regulated market, and the revised measure to support unemployed individuals.

For further discussion regarding any of these topics, please call Garrigues New York or your usual Garrigues contact.