Spain: National Correspondents

  1. Juan Ferré
  2. Ángel Mª Ballesteros 1
  1. 1 Universidad Pablo de Olavide
    info

    Universidad Pablo de Olavide

    Sevilla, España

    ROR https://ror.org/02z749649

Book:
Rescue of Business in Europe : A European Law Institute Instrument
  1. Bob Wessels (ed. lit.)
  2. Stephan Madaus (ed. lit.)

Publisher: Oxford University Press

ISBN: 978-0-19-882652-1

Year of publication: 2020

Pages: 1018-1021

Type: Book chapter

DOI: 10.1093/OSO/9780198826521.003.0039 GOOGLE SCHOLAR lock_openOpen access editor

Sustainable development goals

Abstract

In our opinion, the three possible proceedings established by Spanish law (namely 5bis Notice, the Judicial Homologation Process and Out-of-Court Agreement) facilitate the resolution of the restructuring of assets and the financial distress of a business debtor, even in the pre-insolvency phase.