The Legal 500

Within Banking and finance, PEREZ-LLORCA is a third tier firm,

Perez-Llorca enjoys a strong reputation for borrower mandates – including €1bn refinancing for Polaris World – although it has recently increased its work for lenders. Fernando Quicios and José Luis García-Manso are recommended.

Within Capital markets, PEREZ-LLORCA is a second tier firm,

Perez-Llorca is traditionally known for its equity capital markets work, and counts Abengoa, BBVA and Caja Madrid among its key clients. It has been advising the underwriters on Ence’s rights issues. Vicente Conde heads the department.

Within Corporate and M&A, PEREZ-LLORCA is a second tier firm,

Perez-Llorca’s senior partner Pedro Pérez Llorca specialises in M&A and has been involved in a number of significant cross-border transactions. Recent highlights include advising Can-Pack on acquiring the operational assets and liabilities of Tapón Corona. On the private equity side, the team advised Aqua eSolutions on negotiating a share purchase agreement with 3i.

Within Dispute resolution , PEREZ-LLORCA is a second tier firm,

Perez-Llorca’s high-profile clients include Ahorro Corporación, BBVA and Motorola. The firm is particularly busy with restructuring and insolvency disputes, and has a prominent trade mark litigation practice. It acted for Quabit Inmobiliaria in a case concerning its corporate name and brand image and represented Técnicas Reunidas in arbitration over a breach of turnkey contract for a biodiesel plant. David Arias is ‘a rising star’.

Within EU and competition, PEREZ-LLORCA is a second tier firm,

Perez-Llorca counts Imperial Tobacco and Schweppes among its key clients. It advised Ecoasfalt and Extraco on an investigation into a bid-rigging cartel, and advised the Spanish Toiletry and Perfumery Association on two separate investigations into an alleged exchange of confidential information and price-fixing agreements. The practice also acted for CEPSA in an appeal against the sanction imposed on it for participating in the Spanish bitumen cartel. Oriol Armengol heads the department.

Within Employment Other recommended firms

Within Projects and energy, PEREZ-LLORCA is a third tier firm,

Perez-Llorca’s comprehensive energy practice provides domestic and cross-border services including recently advising E.ON Renewables on a complaint filed against it for alleged breaches of environmental rules at a wind farm. Other key clients include Abengoa, Gas Natural and Sonatrach. José Ramón de Hoces heads the department, which also includes Fausto Romero-Miura.

Within Real estate, PEREZ-LLORCA is a second tier firm,

Perez-Llorca represents clients from across Europe including Abengoa Bioenergía, Deka, Bouygues, and Alpha Real Capital. Recent work includes advising Inmobilaria Colonel on restructuring as well as spinning off its land bank business. The practice also advised Inmobilaria Urbanitas on the urban planning of Pegaso Business Park. Luis Zerera heads the department.

Within Restructuring and insolvency, PEREZ-LLORCA is a third tier firm,

Perez-Llorca acted for Banco Pastor regarding a claim filed by a bankrupt debtor, and acted on the refinancing of Alimentos Naturales, a Spanish vegetable producer with subsidiaries in four jurisdictions. Fernando Quicios and Félix Montero co-head the practice.

Within TMT Other recommended firms

Within Tax, tier 4

Perez-Llorca’s key clients include Alpha Tiger, Bunzl, Foster Wheeler and Telefónica. Recent highlights include advising E.ON on the Spanish tax aspects of the reorganisation of assets acquired from Endesa. Javier Fernández Cuenca and Clara Jiménez are recommended.