Iñigo Erlaiz highlights the results achieved in 2025 | El Confidencial

The fiduciary nature of the managed investment relationship supports the view that the bank should be liable for the loss of the pledged item because there would not have been such loss had the client’s order been executed prior to the bank’s resolution — but not for the reason given in the judgment.

The Supreme Court (Judgment no. 881/2026 of 9 June) has held that Article 234(2) of the Companies Act is applicable by analogy in a case where a company director disposed of essential company assets without the required authorisation from the shareholders in general meeting (Art. 160‌‌(f) of the Companies Act).

Emails sent by a company to its staff during a negotiation process do not, in and of themselves, constitute anti-union interference or unlawful pressure, provided they fall within the scope of the company’s freedom of expression and the legitimate defence of its business interests.

Is a set-off agreement enforceable against a purchaser seeking to collect new lease payments? Although the answer is not clear-cut, ultimately the lessee will not leave without compensation for the improvements

Summary of legislative and jurisprudential developments relating to the automotive sector.

The Court (Grand Chamber) defines the scope of derogations from the principle of supervision in the home Member State for information society services on grounds of public policy, security and safety, clarifying the distinction between general prohibitions and individualized measures directed at specific providers. It also provides important criteria regarding the liability of digital platforms, holding that control exercised by means of algorithms may preclude the application of the exemption from liability provided for data hosting services.

UN Convention on the International Effects of Judicial Sales of Ships establishes a mechanism to ensure that judicial sales of ships which confer clean title in the State Party in which they are conducted produce the same effect in other State Parties without bureaucratic obstacles that hinder trade in this sector.

The matter at issue is whether the shipowner, which provides a passenger transport service as part of package travel organised and sold by a travel wholesaler or retailer, may invoke the limitations of liability specific to maritime transport against the tourist and against the organiser; but, above all, whether the organiser may also invoke them against its client.