The ECJ allows Spanish courts to preserve mortgage foreclosure proceedings in the event of early termination of consumer mortgage loans
A judgment of the Court of Justice of the European Union (ECJ) confirms the possibility of replacing an unfair early termination clause in a loan agreement by the application of article 693.2 of the Spanish Civil Procedure Rules (LEC), declaring valid and not unfair to start mortgage foreclosure in the event of default of at least three monthly instalments.When facing a fake news crisis, the communications strategy and the legal strategy must go hand in hand
When responding to a fake news crisis, the communications strategy and the legal strategy must go hand in hand. This was one of the conclusions reached during the event How to handle a fake news crisis - Legal and communications strategies, organized by Garrigues and Estudio de Comunicación.The stamp tax base on mortgage loan modifications is limited to the value of the modified aspect
Certain novations of mortgage loans are exempt from stamp tax, particularly those cases where only the interest rate and/or the repayment period are modified. However, where other financial clauses are amended, stamp tax does apply.The law that will protect trade secrets has been approved
New Trade Secrets Law 1/2019, of February 20, 2019 (TSL, available here) has been published in the Official State Gazette. The Law will come into force on March 13, 2019. It transposes into Spanish law, Directive (EU) 2016/943 of 8 June 2016, on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure (available here).Garrigues’ new corporate website wins the 2018 Fundacom Award
Garrigues’ new corporate website took home the 2018 Fundacom Award for the best Multimedia & Digital initiative. Fundacom is an Ibero-American foundation supporting and creating value for strategic communication in Spanish and Portuguese throughout the world. The Fundacom Awards recognize excellence and best practices in public relations and communication, showcasing the best projects produced and distributed in Spanish and/or Portuguese worldwide. Along with Garrigues, other finalists included the Argentina Telefónica Foundation, the Renault Group and Montepio Geral - Associação Mutualista.Alejandro Padín: “Spain has a chance to be at the front-line in developing data technologies"
Alejandro Padín, counsel in the Commercial Department and head of Privacy and Data Protection, when he spoke on Tuesday 6 March to the Congress of Deputies Justice Commission, in view of the imminent application of the new GDPR on 25 May.