The Government predicts that the courts will save some 14,000 bankruptcy proceedings thanks to the implementation of the mediation for SMEs and the self-employed. It is a tool to promote the negotiation of debts between small companies and their creditors, with the mediation of a professional who articulates this negotiating process.
The new Entrepreneurs Law outlines the figure of the bankruptcy mediator
The bankruptcy field, according to the new regulations for entrepreneurs, will incorporate mediation and the figure of the mediator within the extrajudicial payment agreements. Although Law 14/2013 to support entrepreneurs and their internationalization was published on September 28 and is already in force... Read more