Last Updated December 21, 2018

Law and Practice

Contributed By Pérez-Llorca

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Pérez-Llorca Pérez-Llorca has a Litigation & Arbitration practice in both its Madrid and Barcelona offices. The team is composed of eight partners, two counsel and 35 other qualified lawyers. Lawyers act for clients before all legal forums throughout Spain, and focus on both commercial litigation and international and domestic arbitration. The firm has extensive experience in defending clients’ interests before the Public Administrations, and before the CJEU (Court of Justice of the European Union). The lawyers have broad experience in complex cases relating to corporate issues, shareholders’ disputes, directors’ liability, contractual disputes, unfair competition, intellectual property, energy, construction, engineering, insurance, banking, tort liability, privacy and personal image, and restructuring and insolvency.

Legal actions expire by the running of the statute of limitations by the mere lapse of the time set forth in the law. The statute of limitations is specified in the Spanish Civil Code and the Catalan Civil Code for the territory of Catalonia and varies depending on the legal action that is being sought.

For instance, actions in rem relating to immovable property are barred by statute of limitations after thirty years. On the other hand, mortgage remedies become barred by statute of limitations after twenty years. Personal remedies for which no special statute of limitation has been provided are barred after ten years in Catalonia and five years in the rest of Spain.

The time required for the barring of all kinds of actions by statute of limitations is counted from the day on which they could be exercised, unless provided by a specific provision.

The statute of limitations on actions is interrupted by the filing of such actions before the courts, by an out-of-court claim issued by the creditor and by any act of acknowledgment of the debt by the debtor.

Pérez-Llorca

Paseo de la Castellana, 50
28046 Madrid

+34 91 436 04 20

+34 91 436 04 30

info@perezllorca.com www.perezllorca.com
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Authors



Pérez-Llorca Pérez-Llorca has a Litigation & Arbitration practice in both its Madrid and Barcelona offices. The team is composed of eight partners, two counsel and 35 other qualified lawyers. Lawyers act for clients before all legal forums throughout Spain, and focus on both commercial litigation and international and domestic arbitration. The firm has extensive experience in defending clients’ interests before the Public Administrations, and before the CJEU (Court of Justice of the European Union). The lawyers have broad experience in complex cases relating to corporate issues, shareholders’ disputes, directors’ liability, contractual disputes, unfair competition, intellectual property, energy, construction, engineering, insurance, banking, tort liability, privacy and personal image, and restructuring and insolvency.

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