Contract advice

The law surrounding contracts in Spain is actually much simpler than that in the UK. Here in the UK contracts can be as simple or complicated as we choose to make them however, in Spain the law is well established and defined. The background and the context that the contract is applied in are much more complicated though, and can influence the terms of the contract. This can create a whole host of problems & generate a potential minefield.

Contract issues may not be as simple as the actual contract itself. One of the possible minefields that exist is the issue of jurisdiction and whether or not Spanish law or English law applies to the situation or contract. When contracts are drafted to cover business dealings in more than one country, these issues may become part of the picture and add to the confusion.

There several different types of contacts that as a business person you may need from supplier and distribution contracts, to the purchases of properties or companies and loan agreements (both business and personal).

Insurance and guarantees, although used globally, are a very British mind-set. Having indemnity insurance to protect you and your customers if things go wrong is common business practice in the UK. This practice has not necessarily travelled well to our business cousins in Spain, so it is very common for a business including legal practitioners to have little or no insurance or offer any warranties. This means that if a business goes under there will be few guarantees or protection for suppliers or customers alike.

As part of the Irwin Mitchell group, the team at Irwin Mitchell Abogados are able to offer sound legal advice which is supported by Irwin Mitchell insurance and indemnity policies.

The team know from the bitter experience of some of their clients when they come to us, that foresight and seeking advice before committing to a contract will save time, money and a lot of stress in the long run. So if you want to discuss an existing contract or are taking advice before entering into a contract please come and talk to the team.

Call us now on 00 34 902 150 105 to arrange a consultation, or use the links above to drop us a line.