Insights
Partners and agreements
Shareholders' agreements, majorities, a partner's exit and directors' liability: what decides who runs a company and what happens when the partners disagree.
How much does a shareholders' agreement cost? What you pay for and what you save
The question almost always comes up in the first call, and it is a fair one. The honest answer is not a figure, but knowing what drives it, what you are paying for and what it costs not to have one on the day you need it.
Richard Edo · 6 min read
Setting up a Spanish limited company with partners: what to decide before the notary
The deed is signed in a morning. What is decided before signing it, or left undecided, stays with the company for years and surfaces on exactly the day the partners stop agreeing.
Richard Edo · 7 min read
50/50 shareholders: how to avoid deadlock, and how to get out of it once it arrives
Splitting a company in equal halves seems fairest on signing day. On the day the two partners disagree, it means nobody can decide anything.
Richard Edo · 7 min read
How to remove a shareholder from a Spanish SL, and when you simply cannot
It is the question we are asked most often on a first call. The short answer is that Spanish law protects the shareholder far more than people expect, and that what the caller actually wants is usually something else.
Richard Edo · 8 min read
Director liability for company debts in Spain: the four doors
A Spanish limited company limits the shareholder's liability, not the director's. These are the four routes by which a creditor reaches the personal assets of whoever signs, and what can be done before they do.
Richard Edo · 8 min read
The minority shareholder rights almost nobody exercises
Owning 20 % of a company and feeling like a guest in your own house is more common than it sounds. Spanish law gives the minority seven concrete tools, and most of them lapse for want of using them in time.
Richard Edo · 7 min read
The four clauses in a shareholders' agreement that decide who is in charge on the day of the disagreement
A shareholders' agreement is not measured by how well it works while everyone gets along. These are the four clauses that, when that changes, actually decide the outcome.
Richard Edo · 6 min read
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