Legislative and Case Law Update

22 April 2003 - International Law Office 22 April 2003

Andrés Monereo Velasco Abogado
Andrés Monereo Velasco passed away on 2 April 2021.
As co-founder, he was a member of the firm since its inception in 1989.

A new bill aims to increase the transparency of corporations and reinforce the rights of shareholders. In other news, the Supreme Court has declared a shareholders resolution invalid because a special public debenture bond was omitted from the financial statement, and the annual accounts thus did not give an accurate picture of the company’s financial situation.