Noticias y Newsletters

VAT and the insurance distribution business

1.- Introduction Insurance distribution activity is currently regulated in Articles 127 to 211 of Royal Decree-Law 3/2020, of February 4th , by which Spanish regulations have been adapted to Directive (EU) 2016/97 of the European Parliament and of the Council -the “Directive“-, of January 20th  2016, on insurance distribution (the “Royal Decree-Law 3/2020“). Pursuant to

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Where is the limit for claiming interests by the insured while invoking Article 20 of the LCS?

1.- Introduction Recently, the First Civil Chamber of the Spanish Supreme Court ruled by ruling no. 473/2020 of September 17th, on the feasibility of exercising the direct action of Article 76 of the Insurance Contract Law (“LCS”) against an insurance company, not being a claim of the principal amount that is already fixed and satisfied,

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Kennedys Abogados Spain organised an informative online breakfast.

On Wednesday 2 December, the webinar on “The management of recovery actions for insurance companies”, organised by the managing partner Jesús Vélez and his colleague Ilse-Marie Dames, head of the international department of the firm, took place. The event was attended by a select and small group of guests, all experts in claims management, representing

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Do business interruption policies cover damages caused by COVID-19?

1.- Introduction:  After ten months of fighting the devastating social, economic and health consequences of the pandemic caused by the Covid-19, questions arise about the possible coverage of loss of profits and business interruption policies. In addition, the recent decision of the UK High Court in the test case initiated by the Financial Conduct Authority

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Kennedys Abogados continúa su expansión y amplía su red internacional en Latinoamérica

Kennedys Abogados continúa su expansión y amplía su red internacional en Latinoamérica Jesús Vélez, José Arauz y Javier Goizueta, los socios actuales de Kennedys Abogados, trazan una red de alianzas única en el mundo del seguro. El despacho especializado en seguros y reaseguros, Kennedys Abogados, continúa su proceso de internacionalización gracias a nuevas alianzas con

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Jesús Velez explains his vision on the application and practice of Law 50/1980 for the future in the magazine Actualidad Aseguradora

On the occasion of the 40th anniversary of the Spanish Insurance Contract Law 50/1980 of 8th October, our Managing Partner Jesús Velez explains his vision on the application and practice of this law for the future,  in the following article published in the 14th edition of the magazine Actualidad Aseguradora. https://editorial.inese.es/2020/10/08/reportaje-ley-de-contrato-de-seguros/pugpig_index.html

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Delimiting clauses vs. limiting clauses: the surprise continues

1. Introduction Recently, the First Civil Chamber of the Supreme Court, in Judgment No. 421/2020, of July 14, has ruled on the “surprising clauses” – clauses already predisposed in the contract that surprisingly restrict the coverage of the insured, and that are within the delimiting clauses of risk coverage, considering them as restrictive clauses of

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VI Seminar on Claims in Spain and Latin America

Last Thursday 24 September, the “VI Seminar on Claims in Spain and Latin America”, took place. The online event, organised by our office, served as a meeting point for (re)insurers, brokers, adjusters and the network of collaborators in Latin America. Under the coordination of Jesús Velez, managing partner of KENNEDYS ABOGADOS Spain, our different collaborators

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