The New Spanish Late Payments Act

47 Pages Posted: 3 Nov 2011 Last revised: 7 Nov 2011

See all articles by Carlos Gómez Ligüerre

Carlos Gómez Ligüerre

Universitat Pompeu Fabra - Department of Law

Date Written: October 2011

Abstract

The Spanish Late Payment Act (Ley 3/2004, de 29 de diciembre, de medidas de lucha contra la morosidad en las operaciones comerciales) has been recently modified by Act 15/2010. The new legal regime imposes mandatory payment terms that have to be observed by the parties engaged in a commercial contract. The paper analyzes the problems derived from the new regulation in contracts between private parties.

Note: Downloadable document is in Spanish.

Keywords: Late Payment, Commercial Contracts in Spain

Suggested Citation

Gómez Ligüerre, Carlos, The New Spanish Late Payments Act (October 2011). InDret, Vol. 4, 2011, Available at SSRN: https://ssrn.com/abstract=1953893

Carlos Gómez Ligüerre (Contact Author)

Universitat Pompeu Fabra - Department of Law ( email )

Ramon Trias Fargas 25-27
Barcelona, 08005
Spain

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