Clifford Chance
New insolvency reform on liquidation and arrangements of creditors
3 June 2015
On 27 May, the latest round of Spanish insolvency reforms entered into force. The Act 9/2015 of 25 May of urgent measures for insolvency matters ("the 9/2015 Act") that amends the Law 22/2003 of 9 July ("the Insolvency Act") was published in the Spanish Official Gazette last 26 May 2015.
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