This paper explores the evolution of municipal debt restructuring in the Spanish Crown of Aragon between 1732 and 1742, focusing on the widespread concordias, negotiated agreements between municipalities and their creditors. These were mechanisms for avoiding municipal insolvency and bankruptcy through negotiated debt settlements, sometimes involving the mediation of royal judges. In the early eighteenth century, overdindebtedness triggered intense disputes over the legality, legitimacy, and impact of these pacts. The paper reconstructs a jurisdictional conflict involving municipalities, creditors, and royal courts and councils, culminating in King Felipe V’s 1738 decree prohibiting judicial intervention in concordias. Drawing on underused archival sources, the paper reveals how notions of public good, legal equity, and political power shaped debt policy.
Pyrenean Institute of Ecology, Spain - ORCID: 0000-0001-9077-4306
Titolo del capitolo
From «util y combeniente, y aun necesario» to «perjudicialissimas, injustas, y contra todo fundamento legal»: redefining municipal debt restructuring in the Spanish Crown of Aragon (1732-1742)
Autori
Íñigo Ena Sanjuán
Lingua
Inglese
DOI
10.36253/979-12-215-0963-2.11
Opera sottoposta a peer review
Anno di pubblicazione
2026
Copyright
© 2026 Author(s)
Licenza d'uso
Licenza dei metadati
Titolo del libro
Gestione del rischio, insolvenza e bancarotta nel mondo premoderno (secc. XIII-XVIII) / Risk management, insolvency, and bankruptcy in the pre-modern world (13th-18th centuries)
Curatori
Angela Orlandi
Opera sottoposta a peer review
Numero di pagine
568
Anno di pubblicazione
2026
Copyright
© 2026 Author(s)
Licenza d'uso
Licenza dei metadati
Editore
Firenze University Press
DOI
10.36253/979-12-215-0963-2
ISBN Print
979-12-215-0962-5
eISBN (pdf)
979-12-215-0963-2
eISBN (xml)
979-12-215-0964-9
Collana
Datini Studies in Economic History
ISSN della collana
2975-1241
e-ISSN della collana
2975-1195