Lupicinio International boosts its international practice

Lupicinio International Law Firm, international and multidisciplinary law firm, announces 2 new incorporations to strengthen its International Operations Department. It incorporates the lawyer Ana M. Camacho, specialized in commercial and corporate law. Camacho has a long career in multinational firms and companies, such as Sanitas, S.A. Insurance (Bupa Group) and Alcoa. She has also intervened […]

Title III of the Helms Burton Act: How to protect yourself

What does Title III establish? Title III of the Helms-Burton Act allows former US persons who were affected by the nationalizations of the Cuban Revolutionary Government, to claim compensation for damages against those who “traffic” with property and assets confiscated as of January 1, 1959. The concept of “trafficking” includes, among others: Investing in confiscated […]

Minor Contracts in the Public Sector

INSTRUCTION 1/2019 OF THE INDEPENDENT OFFICE OF REGULATION AND SUPERVISION OF THE CONTRACT. On March 6th, 2019 the Instruction 1/2019 was published in the Official State Gazette, from February 28th, on minor contracts by the Independent Office of Regulation and Supervision of Contracting, given the confusion and uncertainty (sic) that the new Law on Public […]

Changes in the Criminal Code: How am I affected?

Changes in the legal responsibility of legal persons in the field of market abuse and corruption Implementing European Union regulations, LO 1/2019, of February 20, amendment of the Criminal Code, which came into force on March 13, 2019 has been approved. This modification of the Criminal Code significantly affects the financial markets and corruption. Consequently, […]

Taxation in the indemnification of high-leading contracts

Companies should not consider that there is any exempt compensation amount Since the special employment relationship of the Senior Executives is expressly excluded from the application of the Workers’ Statute, the specific regulation of Royal Decree 1382/1985 to that effect establishes in Article 11.1 that the Senior Executive is entitled, in case of termination of […]

Modifications in the maximum term for the payment of dividends

The new wording of Article 276 of the Capital Companies Law On the 29th December, 2018, Law 11/2018, of the 28th December, was published in the Official State Gazette, with entry into force on the day following its publication, which modifies, amongst other things, the Companies Law of Capital in the sense of modifying Article […]

Countries at risk of money laundering

New List of Risk Countries Identified by The European Commission On 13th February, 2019, the European Commission, complying with the obligations established in the fourth and fifth anti-money laundering directives, published a new update of the countries that in this matter should be considered high risk. As you know, the first list was published in […]

Guide to new labour measures

Legislative novelties in social-labor matters In the last few days of March, new regulations on social and labor issues have been published. We will summarize in a brief practical explanation the main novelties that have arisen, both the publication of Royal Decree-Law 6/2019, of March 1, of urgent measures to guarantee equality of treatment and […]

The EU prohibits to comply with the Helms Burton Law

Havana, Cuba, 1st April 2019.- The Partner and International Operations Director of Lupicinio International Law Firm, José María Viñals, gave the lecture “How Investors Affect Changes in Title III of Helms Burton”, organized this past Friday in Havana, Cuba, by the Association of Spanish Entrepreneurs in Cuba. Viñals stressed that Cuba is making efforts to […]