Kepler-Karst’s Legal Expertise in Zimbabwe’s Sovereign Debt Process
Kepler-Karst is currently providing legal advisory services to the Government of Zimbabwe in connection with its ongoing sovereign debt restructuring process. As mentioned in a recent article published by Bloomberg, this assignment is part of a national initiative to address and resolve over $21 billion in external debt that has kept Zimbabwe out of being […]
Tax Prescription and Civil Liability for Tax Crime
In this article published by El Economista, Paloma Crespo provides an in-depth analysis of how Supreme Court jurisprudence clarifies the scope of civil liability in cases involving prescribed tax debts, as well as the implications of this criterion in criminal proceedings for tax fraud. You can read the full article here. Access the Spanish version here.
A 5% VAT in Italy? Spain’s 21%: a comparative disadvantage for the art market
Laura Villarraga, Of Counsel at Kepler-Karst, offers an in-depth analysis in El Confidencial of the VAT regime in Spain’s art market, comparing the country’s tax framework with that of other EU member states. In her article, she analyzes how Italy’s recent reduction of VAT on art sales to 5% puts the country at the forefront […]
Multilateralism 2.0: Seville as an Opportunity to Expand Global Access to Finance
Within the framework of the Fourth International Conference on Financing for Development, currently taking place in Seville, El Español publishes today an article authored by Rosario Bustillo, Associate in the Sovereign Advisory area at Kepler-Karst Law Firm. The article examines the role of multilateral development banks and highlights the importance of innovative financial mechanisms, such […]
Who Protects Art in the Metaverse? The Legal Dispute Between Mango and the Artists Miró, Tàpies, and Barceló
We share the analysis by Laura Villarraga Albino, Of Counsel and Head of our Art Law practice, on a landmark case in Spain: the Barcelona Court of Appeal has ruled against Mango for the unauthorized use of works by Miró, Tàpies, and Barceló in the digital environment. This is the first Spanish decision to recognize […]
Historic decision: US judge orders Argentina to hand over majority stake in state-run oil company YPF to its creditors
Kepler-Karst Law Firm is proud to share a legal milestone of great significance in the field of sovereign litigation, asset recovery and international insolvency. The U.S. District Court for the Southern District of New York has ordered the Republic of Argentina to transfer 51% of its shares in YPF S.A., the Argentine national oil company, […]
Communication of the Opening of Negotiations in Insolvency Law: How Many Extensions Are Possible?
Miranda Gonzalez, Associate in the Restructuring and Insolvency Department, has published an article in El Derecho in which she examines the number of possible extensions to the notice of commencement of negotiations under Spanish insolvency law. The general framework of the Spanish Insolvency Law provides that, after notifying the court of the commencement of negotiations […]
What Are Debt Pause Clauses and Why Can They Save Lives?
Rodrigo Olivares-Caminal, head of Kepler-Karst’s sovereign advisory practice, explains in this article published in El Español how debt pause clauses allow vulnerable countries to temporarily suspend debt payments after natural disasters or severe emergencies, freeing up resources for recovery without affecting investor confidence or triggering a default. With real examples such as Barbados and Grenada […]
The Role of the Expert in Restructuring
Our Of Counsel, Juan Manuel de Castro Aragonés, analyzes in his latest article for vLex the role of the restructuring expert, as incorporated into Spanish law through Law 16/2022, which transposes Directive (EU) 2019/1023 on preventive restructuring frameworks. An essential read to understand how this key figure is being shaped and the implications it holds for professional practice. […]
Powers of Argentine Provincial States Regarding Social Security
We share the article by Fabián Medizza, Associate at Kepler-Karst Law Firm and expert in Constitutional Law, published in La Ley, where he explores the complex issue of who holds authority over pensions and retirement systems in Argentina: the national government or the provincial governments? As a federal country established by the will of its provinces—who […]