In view of the dissolution of the Spanish Parliament as a result of the call for general elections on 23 July, the Government has opted to transpose the European Union Directives on the structural modifications of commercial companies via Royal Decree-Law, which has not, therefore, been presented as a draft law for approval by the Spanish Parliament. Thus, Royal Decree-Law 5/2023, of 28 June, among many other extensions and novelties, transposes the European Union Directive 2019/2121 on the structural modifications of commercial companies (transformation, merger, spin-off and global transfer of assets and liabilities), both internal and cross-border, repealing Law 3/2009, of 3 April, on structural modifications of commercial companies.
REVIEW – New Legal Regime for Structural Modifications of Commercial Companies
