Kepler-Karst advises ADC on a strategic alliance in the international football industry
Kepler—Karst has advised Asesores Deportivos Canarios (ADC) on the formalisation of a professional collaboration agreement with a leading international sports management agency for the representation of football players, including internationally active athletes. The transaction, structured in compliance with FIFA regulations, further strengthens Kepler-Karst’s expertise in sports and corporate law, consolidating its position as a leading […]
Over-indebtedness v. Over-spending
Defining the Boundaries: Debt vs. Expenditure Ceilings Over-indebtedness and over-spending are closely related concepts and often cause certain confusion, occasionally interchangeably misused, as both involve government actions that exceed planned financial limits. Understanding the distinction is important as one may directly affect the debt sustainability assessment of the country (i.e., over-indebtedness) while the other may […]
Extended Collective Licences in the Age of AI: A Prudent Withdrawal or a Missed Opportunity?
Extended collective licences return to the centre of legal debate in the context of artificial intelligence and the large-scale use of protected content for the training of models. The tension between technological innovation and the effective protection of copyright requires a rigorous analysis of the instruments available within the European framework. In particular, this mechanism is […]
Personal Insolvency Proceedings: Abuse, Fraud and Proposals for Reform
Personal insolvency proceedings have become a key pillar of the Spanish insolvency framework following the 2022 reform, particularly in connection with the second chance mechanism. Their proper application requires a rigorous technical analysis of their effects, limits and risks, both from the perspective of the good-faith debtor and the adequate protection of creditors. This debate […]
Tax Settlement (Conformity): Similarities and Differences in Administrative and Criminal Proceedings
Tax compliance has emerged as a particularly relevant mechanism in the relationship between tax authorities and taxpayers, especially in scenarios characterised by sanctioning pressure and the risk of criminal liability. Its proper use requires a precise technical assessment of its scope and consequences, both in administrative and criminal proceedings. In this context, doctrinal analysis plays a […]
Debt-for-development swaps: the Spanish response aimed at debt relief and sustainable development
External debt, largely originating from bilateral loans intended to finance productive and social development, may become a structural constraint on economic growth when external shocks occur—such as economic crises, abrupt changes in the financial environment, or climate-related events—that disrupt the balance of the contracts originally agreed upon. In this context, debt-for-development swaps emerge as a […]
The appealability of “provisional dismissal” orders
Paloma Crespo, associate at Kepler-Karst Law Firm, publishes at El Derecho an article about the cassation appealability of orders declaring provisional dismissal—an issue of particular relevance in current legal practice. The article examines the distinction between final and provisional dismissals, as well as the legal effects arising from each. While a final dismissal operates as […]
The liquidity of €33 billion guaranteed by the ICO during the pandemic, set to expire in 2028, complicates restructurings
The €33 billion in ICO-backed loans expiring in 2028 have become one of the main challenges for corporate restructurings in Spain. The inability to extend these maturities without express authorisation from the Spanish Tax Agency (AEAT) is complicating many refinancing and restructuring processes, particularly for companies with high post-pandemic debt exposure. As reported by Cinco Días, law firms […]
Is Banksy stirring controversy again? The debate over the protection of Street Art
Banksy has once again sparked discomfort with his work — only this time, he chose the wall of the High Court of Justice in London. The scene brings to the forefront questions about copyright law, the protection of heritage-listed buildings, and, of course, freedom of expression.A few weeks ago, an image appeared on the façade […]
Who buys the jewelry stolen from the Louvre? The mystery of an illegal market that is growing unchecked
The recent theft of the jewels of Napoleon III and Empress Eugénie de Montijo from the Louvre has once again highlighted the significant legal risks surrounding the trade of cultural property. As Laura Villarraga, Of Counsel at Kepler—Karst Law Firm, explains, buyers of such pieces face civil liability if the original owner claims restitution, as […]
