Restructuring/Insolvency: Restructuring
Europe Guide 2024 : Spain
Band 1
Email address
[email protected]Contact number
+34 932 905 500About
Provided by Cuatrecasas
Please visit our website to find out more about how we work in this field: http://www.cuatrecasas.com/practice_areas/restructuring_and_insolvency.html
Chambers Review
Cuatrecasas has an extremely active department that acts on both top-tier and mid-market matters, with a large, experienced team that has proven its capability in assisting numerous clients with diverse mandates. The lawyers handle all stages of distressed mandates, from initial refinancing through to debt restructurings and the eventual rescue or liquidation of companies via formal insolvency proceedings. The law firm has an excellent track record advising on the debtor side of restructuring and insolvency mandates, with a varied client list that includes multinational corporate clients and smaller domestic companies. Cuatrecasas has a network of offices throughout Spain, including key teams in Madrid and Barcelona.
Work Highlights
- The team advised a group of investment funds led by Sculptor Capital Management in a debt-equity conversion transaction as part of Celsa's EUR2.8 billion restructuring.
Strengths
Provided by Chambers
"They bring a magnificent combination of bankruptcy and commercial knowledge. They have adaptability and the capacity for negotiation."
"They are top-tier: hard-working and in tune with the market. They can deliver in good time and they have a great bench."
"They gave good advice on all fronts. They were able to link the different angles of a restructuring: employment, tax implications and corporate structures. We had specialists from each area working with us, each one providing deep knowledge on their area. They were fast and very responsive. They were always available when needed."
"The Cuatrecasas team is very comfortable handling complex and novel matters. They have the breadth and experience to pull in experts that can cover virtually all situations."
"They are practical and decisive."
"They bring a magnificent combination of bankruptcy and commercial knowledge. They have adaptability and the capacity for negotiation."
"They are top-tier: hard-working and in tune with the market. They can deliver in good time and they have a great bench."
"They gave good advice on all fronts. They were able to link the different angles of a restructuring: employment, tax implications and corporate structures. We had specialists from each area working with us, each one providing deep knowledge on their area. They were fast and very responsive. They were always available when needed."
"The Cuatrecasas team is very comfortable handling complex and novel matters. They have the breadth and experience to pull in experts that can cover virtually all situations."
"They are practical and decisive."
Notable Practitioners
Leading practitioner Fedra Valencia is instructed by creditors, debtors and insolvency administrators to advise on substantial insolvency mandates in the market.
"She has a lot of experience and is on top of developments."
"Fedra has a perfect command of her area of expertise. She is fast, attentive and very decisive."
"She is an ace. She's technical and commercial. She's a negotiator. She's great."
Francisco Pérez-Crespo has a strong track record assisting clients with the notification and management of pre-insolvency processes as well as with insolvency litigation and bankruptcy proceedings. He also advises on distressed M&A mandates.
"Francisco counsels on complex cases. He is brilliant and super technical."
"He's sensible, experienced and clairvoyant."
Ignacio Buil is the head of the restructuring, insolvency and special situations practice. He has experience handling multi-jurisdictional mandates often involving the US and UK. He routinely advises on complex refinancing, credit line and debt restructuring matters.
"Ignacio is a legal master and he's very practical."
"Ignacio not only knows the law, but he also understands the client's commercial objectives and he proposes creative ideas to achieve those objectives. His business vision is very good."