Checking date: 12/05/2022

Course: 2022/2023

Commercial Practice
Master in Access to practice of Law (Plan: 348 - Estudio: 271)

Coordinating teacher: LASTIRI SANTIAGO, MONICA

Department assigned to the subject: Private Law Department

Type: Compulsory
ECTS Credits: 4.0 ECTS


Basic responsibility: Be qualified to understand the basic knowledge or opportunity to be innovative in the development and/or application of ideas, commonly found in an investigation context. Students must be able to apply the acquired knowledge and the solving of problems in new environments or not common within a wider range (or be multidisciplinary) related to their area of study. (CB7) Students must be able to integrate their knowledge and face the complexity of formulating opinions based on certain information which, whether incomplete or limited, includes reflections on social and ethical responsibility related to the application of their knowledge and opinions. (CB8) Students must be able to communicate their conclusions, knowledge and analysis supporting the same, to an audience, whether expertise or not, in a clear and unambiguous way. (CB9) Students must have a learning ability which allows them to continue studying in a self-directed or autonomous way. (CB10) General responsibility (CG Nº): Students shall be able to: CG1. Recognize the importance of team work and show adaptation and integration capacity to different work groups, keeping fluent relations and communications, respecting other¿s ideas and solutions with an attitude of support and tolerance, sharing responsibilities and know how to give and receive instructions. CG2. Accept the need of a constant self-learning and continuous training as a mechanism to easily adapt to judicial, technological and organization innovations. CG3. Value the handiness in being able to select the professional itinerary that copes best to their personal circumstance, considering self employment as a feasible possibility of professional inclusion. CG4. Ability to search, organize and plan professional projects which allow for growth whether personal or within the company they work for. CG5. Value hard and well done work when planning, organizing and carrying-out all activities, showing initiative, creativity and sense responsibility, keeping interest during the whole process, and feel personally satisfied with the results. CG6. Recognize the importance to establish a fluent communication within the professional legal activity in order to reach personal goals as well as the company¿s. CG7. Evaluate personal and collective progress, identifying positive and negative things, and argue and provide alternatives to improve process and results. CG8. Show a high sense of personal responsibility and code of ethics when exercising professionally, and knowing the effect of an inadequate management of personal conflicts. CG9. Apply all acquired knowledge and have the capacity to solve problems. CG10. Integrate knowledge, make judgment, communicate conclusions and the know-how and reasoning to support the same, to specialized and non-specialized audiences in a clear manner and without ambiguities. Know the main mercantile and civil institutions, in particular contract and corporate regimes, without prejudice to acquire a more detailed knowledge of specialized credits in Corporate Law. Have the ability to choose the proper tools and procedures, whether in legal proceedings or extrajudicial, in order to have the best defense of the client¿s interests from a corporate or civil process. Know how to evaluate the risks in order to choose the best strategy of the client¿s rights. Know how to write corporate or civil documents, as well as the writs for each type of procedure. Know commercial or civil courts, their functioning as well as other mercantile conflict resolution systems.
Skills and learning outcomes
Description of contents: programme
1. Commercial and corporate legal advice: the lawyer and commercial practice. Legal advice on operations and their formalization. 1.1. Introduction to the company¿s commercial practice. Different ways of acquiring a business (purchase-sale of shares and assets, among others). 1.2. Letters of intent (LOI) within the purchase-sale operations. What are they and what are they for? Solve a case study. 1.3. Concept of Due Diligence (legal audit) and its importance in the purchase-sale agreement. Seller¿s responsibility. Solve a case study. 1.4. Share¿s purchase-sale agreement. Solve a case study. 1.5. Continue case study of a purchase sale agreement. Contract between shareholders. Solve a case study. 1.6. Formalize a purchase sale operation: signature, closing, post closing. Most relevant aspects. Solve a case study. 2. Specialized Commercial Courts. 2.1. Theory and practical issues on applying public or private antitrust trade practices. 2.2. Applying public or private antitrust trade practices. Solve a case study. 2.3. Theory and practical issues on Bankruptcy Law. 2.4. Bankruptcy judges. Solve a case study. 3. Corporate practice. 3.1. Choosing the type of corporation and its regulations according to partner¿s interests. By-laws and parallel shareholder¿s agreements. 3.2. Proceeding to constitute a company: physical and electronic constitution. Solve a case study. 3.3. Governing bodies ¿ how they work. The Secretary to the Shareholder¿s Meeting. Handling of corporate books. Solve a case study. 3.4. Administrator¿s duties and responsibilities. Solve a case study. 3.5. Modification of by-laws. Solve a case study. 3.6. Dissolution of a company. Solve a case study. 4. National and international commercial arbitration. 4.1. Introduction to arbitration. Arbitration agreement: drafting of an agreement, forms and pathologies. Types of arbitration. Sources of arbitration and general principles. 4.2. Arbitration of controversies, and applicable law by arbitrators. 4.3. Peculiarities of arbitration proceedings: jurisdiction, procedural authentication, nomination of recusal arbitrators, financial cover. Case study. 4.4. Arbitration procedure: procedural calendar, bifurcation of the procedure, precautionary measures and responsibility. 4.5. Writs of the parties, sue, allegations, etc. 4.6. Arbitration evidence. Cross examination of witnesses and experts. 4.7. Annulment of ruling and warrant of execution. Other possible remedies on the ruling. 4.8. Request for execution of foreign judgments.
Learning activities and methodology
Training activities: Considering that students have acquired a solid education in theory during their schooling as well as within the base unit, during the specialty credits they may do without the traditional on-site class, and going to more case studies, which will be provided with specific information for easier referral and solution. This will allow the students to solve real problems in the different areas of specialization, since it will always be necessary to go back to the theory content, as the solving of cases has to have a meticulous study of each discipline by the students in order to surpass the different courses within the evaluation criteria. Teaching methodology: For each course student will receive a summary of case studies to be solved as scheduled. Each lesson will have specific reading material (doctrinal documents, case-law or administrative resolutions); without prejudice that the professor will provide an introduction of the theory at the beginning of each session in order to find the basic problems and put them within the unit¿s content in each of the cases.
Assessment System
  • % end-of-term-examination 40
  • % of continuous assessment (assigments, laboratory, practicals...) 60
Basic Bibliography
  • PAZ-ARES, Cándido. ¿Fundamento de la prohibición de los pactos de voto para el consejo¿. InDret. 2010
  • A. MENÉNDEZ y A. ROJO . Lecciones de Derecho Mercantil. Civitas.
  • A. ROJO y E. BELTRÁN (dir.), . Comentarios a la Ley de Sociedades de Capital (Tomos I y II). Civitas.
  • ARANZÁBAL, Gonzalo; PUIGDELLIVOL, Cristina; CLAPERS, Sonia. La compraventa de empresas: distintas fases de ejecución. Anuario mercantil para abogados. Los casos más relevantes en 2008 de los grandes despachos. ·La Ley. 2009
  • Aguayo Juan. Las manifestaciones y garantías en el Derecho de contratos español. Madrid. 2011
  • BINDER, Peter. International Commercial Arbitration and Conciliation in UNCITRAL Model Law Jurisdictions. Sweet & Maxwell, 2010, 3rd edition.. 2010
  • CASADO VALDERRÁBANO, José Ramón. La obligación de saneamiento por vicios o defectos en la cosa vendida en las operaciones de adquisiciones de empresas. . Comentario al Laudo de 24 de diciembre de 2010.. 2010
  • DUQUE DOMÍNGUEZ, Justino F en en ALONSO UREBA, Alberto, Derecho de sociedades anónimas. Escritura, estatutos y límites a la libertad estatutaria en la fundación de sociedades anónimas.. Civitas. 1991
  • EMBID IRUJO, José Miguel y MARTINEZ SANZ, Fernando. ¿Libertad de configuración estatutaria en el derecho español de sociedades de capital. Revista de Sociedades, No 7. 1996
  • FELIU REY, Jorge. Los pactos parasociales en las sociedades de capital no cotizadas. Marcial Pons . 2013
  • FERNÁNDEZ DE LA GÁNDARA, Luis, GARRIGOS JUAN, Antonio y SÁNCHEZ ÁLVAREZ, Manuel Ma. ¿Sindicato de voto y de bloqueo¿. Revista de Derecho de Sociedades, no 5. 1995
  • Folguera J., Massaguer J y otros. Comentarios a la Ley de Competencia. Thomson Civitas. 2012
  • García Cruces, J.A. Tratado de derecho de la Competencia y de la Publicidad. Tirant Lo Blanch. 2014
  • MARTÍNEZ NADAL, Apolónia. Las prestaciones accesorias en la sociedad de responsabilidad limitada. Barcelona: José María Bosh Editor. 1997
  • MORALES BARCELÓ, JUDITH. pactos parasociales vs estatutos sociales: eficacia jurídica e impugnación de acuerdos sociales por su infracción, Revista de Derecho de Sociedades núm. 42/2014. Aranzadi.
  • PAZ-ARES, Cándido. ¿¿Cómo entendemos y cómo hacemos el derecho de sociedades?, en Paz-Ares, Cándido (coord.), Tratando de la Sociedad Limitada, Madrid: Fundación Cultural del Notariado,. Tratando de la Sociedad Limitada, Madrid: Fundación Cultural del Notariado. 1997
  • PAZ-ARES, Cándido. ¿El enforcement de los pactos parasociales¿. ctualidad Jurídica Uría y Menéndez, nº5. 2003
  • Perales Viscasillas, Pilar. La Reforma de la Ley de Arbitraje (Ley 11/2011, de 20 de mayo). Revista de arbitraje e inversiones. 2011
  • Perales Viscasillas, Pilar. Convenio arbitral tipo elaborado por la comisión para estudio del arbitraje societario del club español del arbitraje. Revista de derecho de sociedades. 2013
  • ROJO, A. Y BELTRÁN M. Comentario de la Ley Concursal, (2 vols.. Thomson Civitas. 2014
  • SÁNCHEZ CALERO, F./ SÁNCHEZ-CALERO GUILARTE. Instituciones de Derecho Mercantil. Aranzadi. 2015
  • ÁLVAREZ ARJONA, José María; CARRASCO PERERA, Ángel (Directores), . Régimen jurídico de adquisición de empresas. Aranzadi. 2013
  • ÁLVAREZ ARJONA, José María; CARRASCO PERERA, Ángel (Directores).. Régimen jurídico de adquisición de empresas. Aranzadi. 2013
Additional Bibliography
  • FERNÁNDEZ DEL POZO, L.. Aproximación a la categoría de operaciones sobre activos esenciales cuya decisión es competencia exclusiva de la Junta [arts. 160 f) y 511 bis LSC. La Ley Mercantil·Febrero. 2012
  • Paz Ares Cándido. La cuestión de la validez de los pactos parasociales. Diario la Ley. no 7714, Sección Tribuna, 13 de octubre de 2011, Año XXXII.. 2011, Año XXXII.
  • PÉREZ MORIONES, Aránzazu,. Los sindicatos de voto para la Junta General de Sociedad Anónima. Valencia, Tirant lo Blanch. 1996
  • RECALDE CASTELLS, A. en JUSTE MENCÍA, J. ¿Comentario de la reforma del régimen de las sociedades de capital en materia de gobierno corporativo (Ley 31/2014)¿. Thomson Reuters. 2015
  • ROJO FERNÁNDEZ-RÍO, Ángel. ¿La sociedad anónima como problema¿. Revista de Derecho Mercantil, no 187-188, enero-junio . 1988, pp. 7-33.
  • SÁEZ LACAVE, Ma Isabel y BERMEJO GUTIERREZ, Nuria,. ¿Inversiones específicas, oportunismo y contrato de sociedad. A vueltas con los pactos de tag- y de drag- along¿. , InDret,, enero. 2007
  • ÁLVAREZ-ROYO VILLANOVA, S. y SÁNCHEZ SANTIAGO, J. La nueva competencia de la junta general sobre activos esenciales: a vueltas con el artículo 160 f) LSC. LSC·Diario la Ley Nº 8546, 25 de mayo de 2015.. 2015

The course syllabus may change due academic events or other reasons.