Articles
No More Lifetime Guarantees – The Importance of a Balanced Return Policy

In February 2018, L.L. Bean made the tough decision to change its lifetime return policy, which had been in existence for over a century. Following the policy change, the company received backlash from its customers.
Important Judgment in Relation to the City Tax on the Value of Urban Land

Recently the law firm Manubens Abogados, has obtained the first judgment in Spain upholding the appeal against of the City Tax on the Increase in the Value of Urban Land in case of a property transfer with capital gains for the seller.
Bankruptcy Lease Auctions – Landlords Can Play Too

Toys “R” Us filed for bankruptcy in September 2017, with hopes that a strong holiday season would facilitate a successful reorganization.
Bringing Residential Uses to Existing Shopping Centers- A Win Win

Tenant curation, experiential retail, and social media-based marketing are thriving trends in today’s brick-and-mortar shopping center industry. Retail is not the only real estate asset class susceptible to trends.
Settlement Opens Door For Outer Borough Outlet Centers

Radius restrictions are very common provisions in retail leases. They protect a landlord’s investment in its property and in a particular lease by preventing tenants from operating additional stores within a set area.
MAPIC 2017

For the 5th consecutive year, Manubens Lawyers were once again in attendance in Cannes, France at MAPIC – the leading International Retail Property Market Exhibition
Artificial Intelligence in Brick and Mortar Retail

Headlines about brick and mortar retail tend to be dominated by how these establishments are in decline. Fortunately, their demise is not preordained since tools from the online retail universe may also help them succeed.
The MIPIM 2017 Experience

Manubens Lawyers had a successful 3 days this year at MIPIM, the world’s leading property market. Every year, international property players descend to MIPIM to engage with professionals from the real estate world.
When in Rome: Our Take on the ICSC OAC (Open Air Summit)

We know that public shopping centers have been around since the days of the Roman Empire, if not before. As we heard at this month’s ICSC OAC conference in Miami, the industry is seeing a return to days long ago.
After Mortgage Floor Clauses and Mortgage Expenses ... Now Comes the Increase in the Value of Urban Land

The constitutionality of the Tax on the Increase of the Value of Urban Land has been called into question for several years now. Many of these lawsuits will depend on the decision of the Constitutional Court.
Analysis of Royal Decree-Law 1/2017, of Urgent Measures of Consumer Protection in Terms of Soil Clauses

The Royal Decree-Law 1/2017, was published in the BOE of urgent measures of consumer protection in terms of land clauses, which regulates the extrajudicial channel to solve the claims of the consumers derived from the last judicial judgments and the tax consequences of the same.
The Directorate General of Taxes Admits the Deductibility of the Expenses of Buildings

The criterion of the Directorate General of Taxes in relation to the deductibility of the expenses linked to immovable properties in expectation of rent is very clear in the scope of the Tax on the Income of the Physical Persons. The criterion of the General Directorate of Taxes, until October 3, 2016, has been more ambiguous.
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