Real estate purchase and state of insolvency

Real estate purchase and state of insolvency

What effect does a state of insolvency of a real estate developer have on the property purchase and sale contracts signed prior to its declaration of insolvency? Buyers of properties may be affected at any given time by the insolvency situation that the real estate developer may experience, and it will be necessary to follow its process and see whether…

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Declaring Money In Border

Declaring Money In Border

The Court of Justice of the European Union (CJEU) rejects the Spanish fines for those who do not declare the cash that they take out across the border. The sanctions of Spain for this practice can reach double the amount that has not been declared before the customs authorities. The ruling, issued yesterday, emphasizes that “Spanish legislation is disproportionate, since…

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German Judgment Enforcement In Spain

German Judgment Enforcement In Spain

The first instance Court No. 80 of Madrid has ruled in favour of a German client from Baño Leon Law Firm and therefore the inscription in the Spanish Civil Registry of a favourable divorce claim obtained in Germany has been approved. Enforcement. The couple had got married in Germany and the divorce was also made there. After this, the client asked…

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