Nadja Vietz, Author at Harris Bricken

Nadja Vietz

Spain Tightens FDI Rules as COVID-19 Support Measure for Domestic Companies

On November 17, 2020, Spain issued Royal Decree-Law 34/2020, which extends extraordinary measures that provide protection for Spanish companies at risk of takeover or acquisition by foreign investors due to the economic impact of COVID-19. The legislation is aimed especially at protecting Spanish companies operating in sectors the government deems strategic, e.g. critical technologies, “essential

Will Your U.S. Judgment Be Enforced Abroad?

My law firm is frequently contacted by U.S. lawyers with judgments they are seeking to enforce overseas. The lawyer is seeking our assistance to enforce its U.S. court judgment against a foreign company that did business with the lawyer’s U.S.-based client. The procedural history is nearly always the same. The litigator served the defendant and,

Investing Successfully in Spain after Coronavirus

After I discussed here the pros and cons of setting up a Spanish subsidiary instead of just opening a branch office, I then explained here what it takes, and most importantly, how long it takes to set up your company in Spain. I now want to shed light on the regulatory framework for investments in

Advice for Creditors: Seek Seizure and Sale of Debtor’s Shares in Spain

Co-Authors: Marta Arroyo Vazquez + Nadja Vietz Creditors seeking to collect judicial debts from Spanish companies often neglect an effective enforcement measure: the seizure (or attachment) of shares. The attachment of a debtor’s shares can be claimed in Spain with an enforcement action. (See Litigation in Spain.) When the judge issues the enforcement order, the

State of Alarm in Spain: New Rules for Businesses

On March 14, 2020, the Spanish Government declared a 15-day “state of alarm” for all of Spain. This state of alarm was then extended three times for another 15 days each and is now in place until May 9, 2020. Spain and all administrative and judicial activity has been on hold for over a month.

No More Anonymity: Money Laundering Prevention Undermines Spanish Corporate Law

I initially discussed here the pros and cons of setting up a Spanish subsidiary instead of just opening a branch office. I later explained here what it takes and, most importantly, how long it takes to set up your company in Spain. If you consider putting down roots in Spain, either by opening your own local business

Coronavirus Crisis · Spain – Urgent, Extraordinary Employment Measures

Following the appearance on March 17th of the President of the Spanish Government, the Official State Gazette (BOE) published Royal Decree-Law 8/2020, of 17 March, on urgent, extraordinary measures to deal with the economic and social impact of the coronavirus. We have prepared a summary for you of the measures granted by the government to

Coronavirus Crisis · Spain Royal Decree-Law – Measures Applicable to Companies

On March 18, 2020, The Official State Gazette published Royal Decree-Law 8/2020, of March 17, 2020, on urgent, extraordinary measures to deal with the economic and social impact of COVID-19 was published. Below we briefly explain the extraordinary measures applicable to companies and other legal persons in private law (associations, cooperatives and foundations). These measures

How to Set Up a Company in Spain as Fast as Possible

We talked here about the pros and cons of setting up a Spanish subsidiary instead of just opening a branch office. Once you have made up your mind to form a subsidiary in Spain to run your local activities, you might find you need to get that project started faster than you predicted. Your new

A Primer on Doing Business in the United States

As the country with the world’s largest economy, the United States offers some of the best business opportunities in the world. To assist businesses in taking advantage of those opportunities, this guide provides an overview of the US legal system and some of the laws relevant to doing business in the US United States Legal