Mercantil

  • Directive on corporate sustainability reporting is published

    The new EU legislation requires companies to report regularly on the effect of their activities on people and the environment.

  • Nearshoring: Key issues for companies looking to relocate or expand business in Mexico

    Due to its unique geographic location with respect to the North American, European and Asian markets, as well as its simultaneous integration to global value chains due to international trade and investment treaties such as the USMCA and the CPTPP, Mexico has positioned itself as one of the main destinations for the relocation of companies known as “nearshoring”. In this article, we share key information about this trend in international business.

  • Publication of the EU directive on improving gender balance on company boards

    The new EU rules, which will have to be transposed into national law, promote more balanced representation on the boards of listed companies in all Member States.

  • Chilean Congress approves the Fintech Bill

    On October 12, 2022, the Chilean Congress approved the Fintech Bill (Fintech Law), which now only needs to be enacted by the president of the Republic to become a law. In this information alert we detail the highlights of this new regulation.

  • Create and Grow Law brings in new reporting obligations for combating late payment in commercial transactions

    The law requires companies to include in their annual reports and on their corporate websites significant information about invoices and payments to suppliers.

  • The European Council approves EU law to improve gender balance on company boards

    The directive lays down that at least 40% of directors of listed companies should be members of the underrepresented sex.

  • Spain: The reform which reduces the minimum capital required to set up a limited liability company from 3,000 euros to 1 euro has been published

    The new legislation, which will come into force twenty days after its publication in the Official State Gazette, amends various aspects of the Capital Companies Law.

  • Garrigues-ICADE Chair presents the book ‘Capital companies: their interests and their conflicts’ on May 24

    The book is a collective work in which renowned professors and lawyers, including several Garrigues professionals, have participated.

  • Transactional elements to be considered in relation to notifications to the competition authorities in Latin America

    In an earlier edition of our Latin American Viewpoints newsletter (see here), we analyzed the main provisions applicable to notification of mergers and acquisitions in Chile, Peru, Colombia and Mexico.  In this second part, we examine a few transactional and strategic elements that might be useful in these jurisdictions, in light of the competition legislation in each of them.

  • Royal Decree-Law 6/2022: key measures for the electricity industry and for renewable electricity generation

    The main new steps approved by the government for the electricity industry are a revision of the remuneration parameters for 2022, and measures to speed up the application handling procedures for renewable energy projects.