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PUBLICATION
Administrative liability of the members of a listed company’s audit committee for serious errors or inaccuracies in the audited annual accounts
The Supreme Court’s judgment of 8 October 2020 confirms the administrative liability of Audit Committee members for the inaccuracy or lack of veracity of consolidated annual accounts that have been externally audited
PUBLICATION
Amendment of the legal regime of the organisation and operation of the National Electricity System (Portugal)
The public consultation regarding the long-awaited draft Decree-Law that revokes the legal regulations applicable to the activities of generation, transmission, distribution and supply of electricity and the organisation of electricity markets (the “Draft Decree-law”) is underway, and contributions may be submitted until 24 November 2021 through the Consultation – National Electricity System platform (consultalex.gov.pt).
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Pharma & Healthcare No. 43
The newsletter covers the main developments in Pharma & Healthcare legislation and case law.
16 Apr, 2025 
Ángel García Vidal
Payment period and accrual of late payment interest in public contracts: latest controversial Supreme Court ruling
Supreme Court Judgment no. 5938/2024, which confirms its doctrine on the payment period and the accrual of late payment interest in public contracts, is examined. This doctrine, which establishes a general 60-day period, raises doubts as to its compatibility with Directive 2011/7/EU and with the CJEU’s case law.
15 Apr, 2025
Blanca Lozano
Supreme Court judgment on the Campelo wind farm: does it clear the path for wind energy in Galicia?
Supreme Court Judgment no. 316/2025 marks a turning point in the intense litigation surrounding wind energy projects in Galicia. While confirming its doctrine on the public consultation procedure, the Supreme Court clarifies that the fact that several wind farms share evacuation infrastructure does not, in and of itself, establish the existence of a single project for environmental purposes, contrary to what was previously held by the Galician High Court of Justice.
02 Apr, 2025
Ander de Blas, Blanca Lozano
Professional Purchasers of Non-Performing Credit: the new Law is ahead
The content of the Directive on credit servicers and credit purchasers, only of non-performing credit (NPC), has been transposed into Spanish law more than a year late. The Bill introduces the administrative regime for credit servicers and amends, among others, the Consumer Credit Act and the Real Estate Credit Agreements Act.
01 Apr, 2025
Reyes Palá
The notion of ‘pharmacological action’ in the legal concept of medicinal product
A look at the judgment of the Court of Justice in Case C-589/23, Cassella-med and MCM Klosterfrau, ECLI:EU:C:2025:173.
27 Mar, 2025
Ángel García Vidal
A first ranking mortgage does not prevent a creditor from accelerating loan maturity due to debtor insolvency
If the creditor has a secured claim (even if the debt is covered by the “value of the security”, i.e. the claim is in the money), the debtor cannot avoid the effects of the to-term forfeiture by appealing to the existence of that security because the guarantee referred to in Article 1129(1) of the Civil Code (avoiding to-term forfeiture) must then be another additional guarantee.
25 Mar, 2025
Ángel Carrasco
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