The Ghibli effect: the protection of the author’s style and the homogeneous world
Laura Villarraga Albino, Of Counsel at Kepler—Karst Law Firm and an expert in intellectual property and art law, analyzes in this Cinco Días article how the latest ChatGPT update—allowing users to generate images in the style of the iconic Studio Ghibli—has taken the internet by storm. However, it also raises key questions about copyright and the legal […]
Unlocking Pandora´s Box: How MDBs can Increase their Financial Firepower
Rosario Bustillo, Associate at Kepler-Karst Law Firm in the SovereignAdvisory practice, has published an entry in the Oxford Business LawBlog analyzing analysing how Multilateral Development Banks (MDBs) canoptimize their capital structures and leverage ratios to enhance their lendingcapacity without compromising financial stability. The article also examines the legal, financial, and policy challenges MDBs facein unlocking […]
Kepler-Karst included in Chambers Europe 2025 Restructuring/Insolvency
Kepler—Karst Law Firm has been recognized in the prestigious Chambers Europe 2025 Restructuring/Insolvency rankings, strengthening its position as a leader in complex cross-border restructuring and insolvency proceedings. The firm’s inclusion in this year’s prestigious ranking was as result of two key factors: 1. Participation in high-profile cases: Kepler-Karst has demonstrated expertise in some of the […]
Legal 500 ranks Kepler-Karst as one of the leading firms in Restructuring and Insolvency
The Legal 500 EMEA directory has ranked Kepler—Karst Law Firm as a leading firm in Restructuring and Insolvency in its 2025 edition. This recognition reflects the team’s track record in providing legal counsel on complex processes and reinforces our position and expertise in a key area for the business sector. Access the Spanish version here.
The payment plan as a booming alternative to debt relief.
The payment plan is a fundamental mechanism designed to obtain the exoneration of unsatisfied liabilities by individual debtors protected by the bankruptcy law. This instrument offers an alternative route for financial recovery. As provided for in article 486 of the consolidated text of the Insolvency Law (“TRLC”) in Spain, the debtor who is a natural […]
ICO Loans in Spanish Restructuring Plans: Analyzing Their Special Legal Status
The treatment of ICO (Official Credit Institute) loans in the insolvency and pre-insolvency framework has undergone significant evolution in recent years. Initially regulated by Royal Decree-Law 8/2020, of March 17, as a response to the COVID-19 crisis, their regime has been progressively refined through successive legislative measures. Law 16/2022, of September 5, which amended the […]
Sri Lanka’s Bonds Innovations
Introduction After defaulting due to a currency crisis in 2022, the Republic of Sri Lanka reached an agreement with the IMF designed to help the country to regain sustainability. According to the Extended Fund Facility (EFF) arrangement reached with the IMF, disbursements would be made available over the course of a four-year programme during which […]
Significant Increase in Economic Crimes
In the opening session of the new judicial year, the Spanish Supreme Court’s Attorney General presented their annual report for 2024, containing data and considerations that warrant some considerations. In the field of economic crime—a specialty of Kepler-Karst Law Firm—a substantial increase in the number of criminal proceedings has been noted. The report indicates that […]
Should tax claims be excluded in the acquittal of debts? The Court of Justice of the European Union opines
In view of the issues raised regarding the treatment to be given to tax claims in the acquittal process of liabilities in the context of a bankruptcy procedure, the Eighth Section of the Provincial Court of Alicante has set a precedent by requesting, by Order of 11 October 2022, the opinion of the Court of […]
Kepler-Karst successfully obtains the declaration of the necessary insolvency proceedings for Abuntia Services S.L., in the alleged scam involving Wenance and Abuntia, affecting over 1,000 victims.
Kepler-Karst achieves a new milestone in the Wenance and Abuntia case, representing over 200 affected individuals – out of a total of more than 1,000 – in an alleged scam. On April 19, 2024, the Judge presiding over Commercial Court No. 4 of Madrid ruled to declare the necessary insolvency proceedings for Abuntia Services S.L., […]