The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Pérez-Llorca

PASEO DE LA CASTELLANA, 50, 28046 MADRID, SPAIN
Tel:
Work +34 91 436 04 20
Fax:
Fax +34 91 436 04 30
Email:
Web:
www.perezllorca.com
Barcelona, London, Madrid, New York

Spain

Banking and finance
Banking and finance - ranked: tier 3

Pérez-Llorca

Pérez-Llorca has a strong reputation advising major domestic and international financial institutions, and is abreast of current developments and market trends. In one notable highlight, it acted for BBVA and Bankia as creditor of Dominum Dirección y Gestión (the SPV through which Esther Koplowitz holds her stake in FCC) on FCC’s share capital increase for the amount of €700m; the team has also assisted the Slim and Koplowitz families with matters concerning this investment process. Fausto Romero-Miura, Ander Valverde and Fernando Quicios lead the practice.

[back to top]

Commercial, corporate and M&A
Commercial, corporate and M&A - ranked: tier 2

Pérez-Llorca

A respected name in the corporate and M&A arena’, Pérez-Llorca is well-known for handling complex, big-ticket, cross-border M&A transactions. Highlights included advising Banco Santander on its acquisition of Banco Popular, in a deal valued at €5.5bn. The team is led by Pedro Pérez LLorca, who is ably supported by Julio Lujambio and Fernando Quicios. Javier Carvajal joined from Cuatrecasas.

Leading individuals

Pedro Pérez Llorca - Pérez-Llorca

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 2

Pérez-Llorca

Pérez-Llorca is strong in international arbitration; Félix Montero and Ana Ribó head the practice while Adriana de Buerba leads on white-collar crime disputes. Recent highlights include representing investment vehicles managed by Voigt & Collegen (which has solar power plants in Spain) in a dispute with the state regarding guaranteed feed-in tariffs applicable to photovoltaic plants.

[back to top]

EU and competition
EU and competition - ranked: tier 2

Pérez-Llorca

Pérez-Llorca’s team is active in cartel cases, handling important cases involving domestic competition authorities and the European Commission. On the merger control front, the firm acts for Acciona and Agbar (the Spanish subsidiary of Suez Group); it also provides advice to cables manufacturer Nexans Iberia on cartel matters. Oriol Armengol leads the competition division and Juan Rodríguez Cárcamo heads the European law practice. Juan Jiménez-Laiglesia was a new arrival from Pérez-Llorca.

Pérez-Llorca’s team is active in cartel cases, handling important cases involving domestic competition authorities and the European Commission. On the merger control front, the firm acts for Acciona and Agbar (the Spanish subsidiary of Suez Group); it also provides advice to cables manufacturer Nexans Iberia on cartel matters. Oriol Armengol leads the competition division and Juan Rodríguez Cárcamo heads the European law practice. Juan Jiménez-Laiglesia was a new arrival from Pérez-Llorca.

Leading individuals

Juan Jiménez-Laiglesia - Pérez-Llorca

[back to top]

Employment
Employment - ranked: tier 3

Pérez-Llorca

Pérez-Llorca acts for clients in a wide range of sectors, including retail, energy, construction and banking. Practice head Luis Enrique Fernández Pallarés recently led advice to Endesa (part of Enel) on the negotiation of a collective bargaining agreement affecting more than 9,900 employees. Other highlights include acting for Expedia on the implementation of its restructuring process.

[back to top]

Environment
Environment - ranked: tier 3

Pérez-Llorca

Pérez-Llorca is experienced in complex environmental issues such as noise pollution, soil contamination and waste management. Vicente Estebaranz leads the environment and planning department, advising clients such as airport management company Aena on environmental matters, including contamination analyses, regarding the €1.3bn development of Barcelona’s El Prat airport.

[back to top]

Private equity
Private equity - ranked: tier 2

Pérez-Llorca

Pérez-Llorca’s strong team advises on complex matters. Highlights included acting for Northwood Investors on the sale of its interest in three Spanish corporations that have a combined interest ownership of 80.37% in Diagonal Mar Shopping to Deutsche Bank. Senior partner Pedro Pérez-Llorca, Julio Lujambio, Carmen Reyna and Pablo González head the practice.

Next generation lawyers

Alfredo Lafita - Pérez-Llorca

[back to top]

Projects and energy
Projects and energy - ranked: tier 2

Pérez-Llorca

Pérez-Llorca has a strong presence in the projects and energy sector. On the energy side, the team advised Gas Natural Fenosa on corporate matters connected to Global Infrastructure’s acquisition of a 20% stake in the company. Other clients include Ferrovial, Sacyr, Abengoa and BBVA. José Ramón de Hoces, Fernando Quicios and Juan Manuel Rodríguez are all noted.

[back to top]

Public law
Public law - ranked: tier 2

Pérez-Llorca

At Pérez-Llorca, José Ramón de Hoces leads advice to Selae, the public body that exclusively manages state-owned gambling businesses, on complying with new EU legislation regulating public procurements. The team also represents Aena in Supreme Court proceedings connected to the enforcement of a judgment affecting the operational capacity of Madrid’s Barajas Airport. Juan Manuel Rodríguez is also noted.

Leading individuals

José Ramón de Hoces - Pérez-Llorca

[back to top]

Real estate and construction
Real estate and construction - ranked: tier 1

Pérez-Llorca

Pérez-Llorca advises domestic and international clients active in the Spanish real estate market. Highlights included assisting Northwood Investors with its sale (via its affiliate company NW Diagonal SOCIMI) of Diagonal Mar Shopping Centre for the sum of €495m to Deutsche Bank. Luis Zurera, Vicente Estebaranz, Fausto Romero-Miura and Alejandro Osma are key names.

Leading individuals

Fausto Romero-Miura - Pérez-Llorca

Vicente Estebaranz - Pérez-Llorca

Next generation lawyers

Javier Muñoz - Pérez-Llorca

Jordi Farrés - Pérez-Llorca

[back to top]

Restructuring and insolvency
Restructuring and insolvency - ranked: tier 3

Pérez-Llorca

Pérez-Llorca acts for several high-profile banks and is strong in financing transactions. London-based Fernando Quicios advises UK-based investors on Spanish matters, recently assisting a hedge fund manager with Spanish insolvency regulations concerning its acquisition of distressed debt from gaming group Codere. Disputes head Félix Montero is the contact on the insolvency side.

[back to top]

Tax
Tax - ranked: tier 3

Pérez-Llorca

Pérez-Llorca has grown its transactional tax team through the arrival of Norma Peña from Clifford Chance, who is now the key name in the firm’s Barcelona office for tax matters. Madrid practice head Clara Jiménez advised Mohari on all tax aspects of its acquisition of a 50% stake in Centro Canalejas Madrid. The team has a solid reputation in tax audit procedures and tax litigation.

[back to top]

Spain: Capital markets

Debt
Capital markets: Debt - ranked: tier 2

Pérez-Llorca

Pérez-Llorca assisted BBVA and Bankia as creditors of Dominum Dirección y Gestión (an SPV through which billionaire businesswoman Esther Koplowitz holds her stake in Fondo de Construciones y Contratas-FCC) on its share capital increase in the amount of €700m. Javier Carvajal, who was a new hire from Cuatrecasas, Pablo González and Julio Lujambio are the leading names.

[back to top]

Equity
Capital markets: Equity - ranked: tier 2

Pérez-Llorca

Pérez-Llorca is adept at advising on regulatory capital markets work, handling IPOs and assisting with takeover bids.. Javier Carvajal, Pablo González and Julio Lujambio are the leading names.

[back to top]

Spain: Industry focus

Healthcare and life sciences
Industry focus: Healthcare and life sciences - ranked: tier 3

Pérez-Llorca

Pérez-Llorca is strong in regulatory and contentious matters; ‘excellent litigator’ Juan Rodríguez Cárcamo leads the department. The firm acts for Johnson & Johnson, Meda (now part of Mylan) and Servier.

[back to top]

Spain: Transport

Other transport
Transport: Other transport - ranked: tier 2

Pérez-Llorca

Pérez-Llorca’s transport team works closely with the firm’s corporate, public law, competition and dispute resolution departments. The group is representing leading airport operator Aena in litigation before the Spanish Supreme Court, and also acts for Vueling in connection with disciplinary proceedings initiated by national and regional authorities in Spain regarding delays and cancellations at the Prat Airport in Barcelona.

[back to top]


Legal Developments by:
Pérez-Llorca

  • SPANISH LEGAL ASPECTS OF THE TRADING OF NON-PERFORMING LOANS

    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.
    - PEREZ-LLORCA

Legal Developments in Spain

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to