This episode features a conversation with José Carles, a III member, a Spanish lawyer, chartered economist, and court-appointed insolvency practitioner, as well as co-founder of the legal boutique CARLES | CUESTA, on the recent reforms to the Spanish’s insolvency framework for MSEs. The discussion highlights the peculiarities of the Spanish corporate framework, and the innovations introduced by the new law. During the conversation, José highlights the controversies surrounding the introduction of the new system, and particularly the lack of any involvement from insolvency practitioners. He also discusses the difficulties in using the new digital platform created for MSE insolvencies, but also mentions some of the benefits associated with the Spanish simplified liquidation and restructuring framework.