Convenio arbitral y concurso de acreedores. Reflexiones sobre el art. 52.1 de la Ley Concursal a la luz de su próxima modificación - Iurgium [previously Spain Arbitration Review] View Convenio arbitral y concurso de acreedores. Reflexiones sobre el art. 52.1 de la Ley Concursal a la luz de su próxima modificación by - Iurgium [previously Spain Arbitration Review] Convenio arbitral y concurso de acreedores. Reflexiones sobre el art. 52.1 de la Ley Concursal a la luz de su próxima modificación 2010 7

Under Spanish Insolvency Law, any arbitration clause binding an insolvent company becomes automatically ineffective until the termination of the insolvency proceedings. This rule appears to be far too restrictive, especially if compared to other countries’ regulation. On this basis, there seems to be an upcoming amendment of the Insolvency Law that would recognize the validity of the arbitration agreements even during the insolvency proceedings. This paper aims to address the pros and cons of this amendment, both from an arbitration law perspective and an insolvency law perspective.

Iurgium [previously Spain Arbitration Review]