LEY 38/2007, de 16 de noviembre, por la que se modifica el texto refundido de la Ley del Estatuto de los Trabajadores, aprobado por el Real Decreto Legislativo 1/1995, de 24 de marzo, en materia de información y consulta de los trabajadores y en materia de protección de los trabajadores asalariados en caso de insolvencia del empresario

This Spanish law modifies the Workers' Statute to update rules regarding how employees are informed and consulted by their employers. It also strengthens the legal protections and financial safeguards for salaried workers in the event that their employer becomes insolvent or goes bankrupt. The law primarily affects employees and employers in Spain, ensuring workers have better access to company information and guaranteed payments during business failure.