AMENDMENT OF THE LIMITATION PERIOD FOR PERSONAL ACTIONS

The first final provision of Law 42/2015, dated October 5th, for the amendment of Civil Procedure Law 1/2000, dated January 7th, sees the introduction of an important reduction to the limitation period for the exercising of personal actions for which no special limitation period is established. Thus, the general limitation period of 15 years as established by the Civil Code was reduced to 5 years, as from 7th...