The Legal 500

Within Banking and finance, Perez-Llorca is a third tier firm,

Perez-Llorca advised Air Lease Corporation, Deutsche Bank and Credit Suisse on the Spanish aspects of a $1.5bn financing and leasing transaction for Airbus aircraft. Other instructions came from MSX International and Barclays. The four-partner team includes Fernando Quicios.

Within Capital markets, Perez-Llorca is a third tier firm,

Perez-Llorca advised Banesto and GVC Gaesco on the MAB listing of Spanish TV company Secuoya Grupo de Comunicación. Vicente Conde is recommended.

Within Corporate and M&A, Perez-Llorca is a second tier firm,

Perez-Llorca is a medium-sized firm, but often appears on large transactions. Recent highlights include advising Banco Pastor on Banco Popular’s €1.5bn takeover bid, and advising Swissport on its €135m acquisition of Flightcare and its Belgian subsidiary. Other clients include BNP Paribas and Telefónica. Pedro Pérez-Llorca and Iván Delgado are key members of the eight-partner practice.

Within Dispute resolution, Perez-Llorca is a second tier firm,

Perez-Llorca is regularly instructed in multi-jurisdictional disputes, and its client roster includes Abengoa, Barclays, CBRE, Isolux, Prosegur, Técnicas Reunidas, and Total. Founding partner José Pedro Pérez-Llorca and David Arias have extensive experience in international arbitration and litigation. The firm also handles white-collar criminal cases.

Within EU and competition, Perez-Llorca is a third tier firm,

Perez-Llorca recently represented Vodafone’s Spanish subsidiary against a claim alleging that it, Telefónica and Orange colluded to abuse their collective dominance of the SMS and MMS markets. The team also represented Imperial Tobacco subsidiary Altadis before the Supreme Court in an abuse of dominance case, and advised Banco Pastor on merger control issues pertaining to its merger with Banco Popular. Oriol Armengol is recommended.

Within Employment, tier 4

Perez-Llorca’s key contact is Luis Fernández Pallarés. The firm provides day-to-day advice to Hewlett-Packard, and recently advised it on a collective bargaining agreement. Other mandates included advising Adidas on employment issues relating to a licensing agreement with Real Madrid FC.

Within Projects and energy, Perez-Llorca is a third tier firm,

Perez-Llorca’s highlights included advising Ence on all aspects of a new 20MW biomass plant in Mérida, Spain, and representing various photovoltaic plant owners in litigation arising from cuts to renewable energy tariffs. ACS instructed the group to act on its acquisition of a 50MW solar thermal plant. José Ramón de Hoces, Fausto Romero-Miura and Juan Rodríguez Cárcamo are recommended.

Within Real estate, Perez-Llorca is a second tier firm,

Perez-Llorca has ‘a very good quality team’ with ‘excellent lawyers’. It recently advised Telefónica on the €45m deal to transfer 500 mobile telephone masts to Abertis; BNP Paribas on its €200m acquisition of the Nueva Condomina shopping centre, part of the debt restructuring of Nueva Condomina Group; and BNP Paribas on purchasing a shopping centre and retail park in Murcia from British Land. The team regularly provides restructuring advice to clients such as Barclays and La Caixa, and also has planning expertise. Luis Zurera and Gerard Serra lead the teams in Madrid and Barcelona, respectively.

Within Restructuring and insolvency, Perez-Llorca is a third tier firm,

Perez-Llorca’s robust real estate practice is regularly instructed on related restructuring matters. The practice includes banking and finance partner Fernando Quicios and head of dispute resolution Félix Montero.

Within TMT Other recommended firms

Within Tax, tier 4

Perez-Llorca is ‘very good in tax’. It recently advised Banco Pastor on the tax aspects of Banco Popular’s takeover bid. Clara Jiménez and Javier Fernández Cuenca are the key names to note.