Real Decreto Legislativo 1/2020, de 5 de mayo, por el que se aprueba el texto refundido de la Ley Concursal. | BOE-A-2020-4859 — Spain law | Esheria

Real Decreto Legislativo 1/2020, de 5 de mayo, por el que se aprueba el texto refundido de la Ley Concursal.

This article says bankruptcy proceedings can apply to any debtor, but public-sector entities cannot be declared bankrupt.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Spain
Instrument
Decree law
Citation
BOE-A-2020-4859
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
IT controls acciones accountability accounting accounting compliance accounts approval accumulated proceedings acquisition costs acreedores actos procesales telemáticos acuerdo con acreedores adhesion administración concursal administration administration concursal administration of debtor assets administration of insolvent debtor administration powers administration remuneration administrative proceedings administrator acceptance administrator accountability administrator appointment administrator compensation +921 more

Statute overview

About this statute

La administración concursal puede pedir al juez que se aplaze el pago de la indemnización del alto directivo hasta que la sentencia de calificación sea firme. Changes to conditions in applicable collective agreements are allowed only for matters permitted by labor law and, in any case, require agreement from the workers’ legal representatives. The effects of a bankruptcy declaration on administrative contracts made by the bankrupt party with public administrations are governed by special legislation. If there is no specific rule, the effects of insolvency on private contracts made by the debtor with public administrations or other public-sector entities are governed by this law. The bankruptcy estate includes all assets and rights in the debtor’s estate at the date of the bankruptcy declaration, plus those recovered or acquired before the procedure ends. Legally unattachable assets and rights are excluded.