Enforcement of Judgments 2020
Once a judgment has been passed, Spanish procedural legislation requires that the defendant discloses to the court that its assets are sufficient to satisfy the claim. Failure to comply with such requirement will result in the imposition of fines and may give rise to a criminal offence. Should the defendant persist in this conduct, the claimant may request that the court requires any bank, public body and registry and any natural or legal persons he or she designates to disclose whatever goods, money or assets belonging to the defendant of whose existence they may be aware. In its request, the claimant must succinctly justify the reasons that lead him or her to believe that the required person or institution may have information relating to the asset position of the defendant....