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Measures in the area of bankruptcy and pre-bankruptcy. Royal Decree-Law 16/2020, of April 28.

29/04/2020

Measures in the area of bankruptcy and pre-bankruptcy. Royal Decree-Law 16/2020, of April 28.

Royal Decree-Law 16/2020, of April 28, on procedural and organizational measures to deal with COVID-19 in the field of the administration of Justice establishes new measures in the procedural field and, especially, in bankruptcy and corporate law,  taking new measures and clarifying others approved by Royal Decree 463/2020, of March 14, declaring the state of alarm for the management of the health crisis situation caused by COVID-19 and by Royal Decree -Law 8/2020, of March 17, of extraordinary urgent measures to face the economic and social impact of COVID-19. 

Likewise, the regulation established in article 43 of Royal Decree-Law 8/2020, of March 17, regarding the suspension of the duty to request the contest during the validity of the state of alarm, is replaced and, consequently, repealed. 

We turn to a global summary, on strategic measures in the field of bankruptcy and pre-bankruptcy law.

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