W&I insurance keeps growing fast, facilitating transactions in the Spanish M&A space. Here are a few reflections based on recent experience advising the most active insurers in the market.
Next month, Spain's Consorcio National Guarantee Fund contribution rate reduces to 1.5% from the current 2%.
With more clients inclined to bring negligence claims against their legal advisers, lawyers need to ensure that the terms on which they accept instructions are made clear at the outset.
Clyde & Co
Under Article 43 of the Spanish Insurance Contract Act the insurer cannot exercise any subrogation rights that will prejudice the insured.
Clients in Spain are showing an increasing tendency to sue law firms, according to a reinsurer, with many now expecting firms to advise on the 'merits' of deals
In the reinsurance context, a usual query that arises in almost any single reinsurance transaction or contract where some money ...