Spooked businesses shift headquarters out of Catalonia

Attorney Blogs

As separatists in Catalonia jockeyed Friday to elude court rulings and find ways to deliver on their promise to declare independence, business giants hit back with plans to relocate their headquarters elsewhere in Spain amid the increasing political uncertainty.

Caixabank, Spain's third lender in global assets, said Friday that it was moving from Barcelona to the eastern city of Valencia, "given the current situation in Catalonia." It said it wants to remain in the eurozone and under the supervision of the European Central Bank — two things that would not happen if Catalonia did manage to secede.

The region's separatist government has vowed to use a pro-independence victory in a disputed referendum last weekend to go ahead with secession, while calling for Spain's central government to accept a dialogue.

But the government of Spain's conservative Prime Minister Mariano Rajoy has rejected any negotiations unless the separatists drop their secession bid. Rajoy urged Puigdemont to cancel plans for declaring independence in order to avoid "greater evils."

"In order to dialogue, you must stay within the legal framework," Spanish cabinet spokesman Inigo Mendez de Vigo told reporters Friday, blaming the secessionists for breaking Spain's constitutional order.

"Coexistence is broken" in Catalonia, he said, warning Catalans that a parliamentary declaration of independence "is not enough" and that the international community needs to recognize independent nations.

Related listings

  • Challenge to $225M Exxon settlement to be heard in court

    Challenge to $225M Exxon settlement to be heard in court

    Attorney Blogs 09/10/2017

    Environmental groups arguing New Jersey's $225 million settlement with Exxon Mobil short-changed taxpayers are getting their day in appeals court. The Appellate Court is set to hear arguments on Monday in Trenton. New Jersey sued Exxon Mobil for natu...

  • Military parts dealer guilty in plot to steal Army equipment

    Military parts dealer guilty in plot to steal Army equipment

    Attorney Blogs 09/04/2017

    A military equipment dealer was convicted Thursday of scheming with soldiers at Fort Campbell, Kentucky, to steal sensitive material for sale to buyers in Russia, China and Mexico. John Roberts, of Clarksville, Tennessee, was found guilty of conspira...

  • Court: DirecTV owes $15M to South Carolina in tax dispute

    Court: DirecTV owes $15M to South Carolina in tax dispute

    Attorney Blogs 09/03/2017

    A court has ruled that pay-television giant DirecTV owes South Carolina nearly $15 million because of the way the company calculates its tax bill in the state. The Post and Courier of Charleston reports the South Carolina Court of Appeals found that ...

Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.

Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.

Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:

• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements

For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.

Business News

New York & New Jersey Family Law Matters We represent our clients in all types of proceedings that include termination of parental rights. >> read