- What is the Corporate Counsel 100?
- How to nominate in-house counsel
- Top 100: Africa
- Top 100: Asia Pacific
- Top 100: Deutschland
- Top 100: Ireland
- Top 100: Latin America
- Top 100: Middle East
- Top 100: Russia
- Top 100: Switzerland
- Top 100: Turkey
- Top 100: United Kingdom
- Top 100: United Kingdom - Rising Stars
- Top 100: United States
- Top 100: United States - Rising Stars
- How do the awards work?
- The Legal 500 United Kingdom Awards 2014
- The Legal 500 United States Awards 2014 - In-house winners
- The Legal 500 United States Awards 2014 - Law firm winners
- The Legal 500 Latin America Awards (coming soon)
- The Legal 500 Germany Awards (coming soon)
- Frequently asked questions
- Editor's Letter
- Inside GC: Executive Summary
- A dangerous game of bluff
- From client to colleague
- Harvard thinking
- How to be Chief Executive of your own career
- Rules of engagement
- The 5-minute financial analysis
- The third way
- The world's greatest management thinker: Clayton Christensen
- What I wish I'd known: moving in-house
- What's your IP strategy?
- Where are all the lawyer-CEOs?
- Whistleblowers and the in-house lawyer
- Legal market overview
- Banking and finance
- Capital markets
- Capital markets (US law)
- Corporate and M&A
- Dispute resolution
- EU and competition
- Intellectual property
- Projects and energy
- Real estate
- Restructuring and insolvency
- Tax: The Big Four
- Bosnia and Herzegovina
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- Cayman Islands
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- Czech Republic
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- Faroe Islands
- Hong Kong
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- Ivory Coast
- Latin America: International firms
- Netherlands Antilles
- New Zealand
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- Sao Tome E Principe
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- St Barts
- St Vincent
- United Kingdom
- United Arab Emirates
- United States
Legal market overview
The legal market in Spain is displaying resilience despite the country’s debilitated economy, and saw significant movement in 2013. Among the headlines, Baker & McKenzie strengthened its corporate and finance teams with the hire of a nine-partner team from Ramón y Cajal Abogados; Clyde & Co and White & Case LLP made striking entrances to the market, capturing talent from DAC Beachcroft LLP and Latham & Watkins LLP respectively; and Irwin Mitchell sold its Spanish offices to Cremades & Calvo-Sotelo. International mergers saw Salans become part of Dentons, and SJ Berwin become part of King & Wood Mallesons SJ Berwin.
The market saw the emergence of a number of boutique firms set up by senior practitioners, some fleeing the managerial burdens and conflicts of interests to be found within larger structures. Notable launches include the corporate-focused J. Almoguera y Asociados and GTA Villamagna Abogados; dispute resolution boutique Arias SLP; niche environment and energy firm Del Pozo & De La Cuadra; and specialist competition firm DelaCalle Abogados SLP.
For yet another year, restructuring, insolvency and employment work towered above other practice areas, with M&A and real estate deals still hindered by the low level of liquidity in the market. The Spanish IPO market remained closed to issuers, and companies increasingly turned to debt capital markets for financing.
Uría Menéndez, Garrigues and Cuatrecasas, Gonçalves Pereira continue to spearhead the Spanish market, and are progressively diversifying their focus on Latin America. Gómez-Acebo & Pombo Abogados, Baker & McKenzie and Clifford Chance are their nearest challengers.
Legal Business: country analysis
Breaking new ground – advisers hope shale revolution can restart CEE market
Weighed down by political unrest and slowing economies, energy and infra projects look like one area to be driving
the CEE economy. Can the shale revolution power up
Click here to read the feature.
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Spain has recently been referred to as one of the "hottest" European countries in terms of debt sales, specifically of non-performing loans. This should not come as a surprise in a scenario in which independent audits as of June 2012 revealed a EUR 62 billion capital shortfall in Spanish banks and in which the Spanish rate of non-performing loans stayed above eight per cent of all loans.
On October 11, the Official State Gazette published Law 38/2011 on the reform of Law 22/2003 of July 9 on Bankruptcy that entails a broad and ambitious procedure to modify bankruptcy legislation.
OPINION - ON DATA IN THE CLOUDS OR DIGITAL PHOTOCOPIERS
Chapter IV, Title III of the Bankruptcy Act (hereinafter, the "BA") regulates the filing of actions against the activity of debtors declared bankrupt in order to return to the bankrupt estate certain assets which the legislator considers should never have been taken away.
The employer has the possibility to contest the candidate lists in the event that a candidate does not comply with the conditions for eligibility. The Supreme Court recently confirmed that this is only possible within the strict terms provided in the social elections procedure.
Urgent Measures for the reform of collective bargaining.
Commercial …………………………. Strengthening Financial System Law on a Sustainable Economy
(1) Mercantile: Liberalizing actions in the tax and labor areas in order to encourage investment and create employment. (2) Litigation: Reform of the Penal Code (Organic Law 5/2010 of June 22). (3) Labor: Paternity Leave. Maintenance of employment and professional training. IPREM and SMI for 2011. Self Employed Workers. Pensions. Placement Agencies. (4) Tax: Changes: personal income tax, company tax, income tax for non residents, tax on patrimony transfers and documented legal acts, VAT.
We live in a globalized world where people, goods and money can move freely between national borders. It is perfectly possibly to buy a computer manufactured in Tokyo from a sales company established in Bangladesh, while sitting outdoors on a terrace in Rome. In this context, with transnational commerce and business relations constantly expanding, it is logical that international litigation is becoming increasingly commonplace.
VEGAS LEX, InfraONE take part in meeting of Transport Ministry Taskforce on Extending Moscow Air HubOn November 27, 2014, the Transport Ministry Investment Coordination Council's** Taskforce on Extending the Moscow Air Hub (MAH) Experience to Regional Airports* led by VEGAS LEX Partner Albert Eganyan , chairman of the InfraONE Board of Directors, held its first meeting.
Russian rating of law firms Pravo.Ru-300 recognizes VEGAS LEX as one of Russia's leading law firms, ranking us among top-tier law firms in various categories.
The VEGAS LEX Volga Directorate has organized a roundtable on important theoretical and practical aspects of challenging transactions during bankruptcy proceedings.
VEGAS LEX experts have discussed personal and corporate fraud risk management with business executives
Extended session of the Russian Union of Industrialists and Entrepreneurs' Committee for promotion oVEGAS LEX's managing partner Alexander Sitnikov held an extended final session of the Russian Union of Industrialists and Entrepreneurs' Committee for promotion of competition dedicated to the critical issues of antitrust regulation with participation of representatives of the Federal Anti m onopoly Service of Russia and the Ministry of Economic Development of the Russian Federation
On 31 October 2014, Hella KGaA Hueck & Co., one of the world's leading suppliers of lighting and electronic components for the automotive industry, announced its going public in an innovative and tailored structure. Read more...
ImmobilienScout24 expands its activities in the field of Customer Relation Management systems (CRM) and acquires FLOWFACT AG, headquartered in Cologne. FLOWFACT AG is a leading provider of software in the real estate sector in Germany. The company was founded in 1985 and has more than 120 employees at the location in Cologne. Read more...
Siemens sells its Audiology Solutions business to the Swedish investor EQT and the German entrepreneurial family Strüngmann as co-investor for €2.15bn plus an earn-out component. Due to the very attractive offer made by the two investors, Siemens has decided not to further pursue preparations for the public listing it announced in May. Siemens will invest €200m in preferred shares in the equity capital of the audio solutions business and will thereby be able to participate in the future success of the business. Read more...
Rabo Real Estate Group ("Rabo"), the real estate division of Rabobank with headquarters in the Netherlands, has sold the PalaisQuartier in Frankfurt am Main to funds managed by Deutsche Asset & Wealth Management. ECE is participating in the acquisition with a 10 % stake and will manage the "MyZeil" shopping centre. Read more...
Hengeler Mueller advises Axel Springer SE on repurchase of minority share in online classified businAxel Springer and US growth investor General Atlantic have reached a binding agreement on increasing Axel Springer's share in Axel Springer Digital Classifieds GmbH from 70% to 85% with the option to purchase the remaining 15% share. Axel Springer Digital Classifieds GmbH is a strategic partnership in which Axel Springer SE currently holds a participation of 70% and General Atlantic currently holds a participation of 30%. Read more...