INCREASED RISK TO PERSONAL LIABILITY

We provide specialised expertise in managing directors’ personal liability claims.

Directors in Spain face increased risk to personal liability under the provisions of the new Companies Act of 2008, directors’ common-law liabilities have been codified and the statutory provisions under which directors may be held personally liable have been extended. Claimants who believe that directors have acted improperly, and should be held personally liable, are assisted by remedies that are now easier to implement.

Our team has conducted insolvency inquiries and worked with both creditors and liquidators in reviewing the actions of directors and their liability.