Legal500

Herbert Smith LLP

PASEO DE LA CASTELLANA, 66, 28046 MADRID, SPAIN

Tokyo, Singapore, Shanghai, Paris, Moscow, Madrid , and 8 more

What we say about this firm…
What the firm says…

What we say about the firm's legal practice in Spain

Banking and finance

Within Banking and finance Other recommended firms

Capital markets

Within Capital markets, Herbert Smith LLP is a third tier firm,

Making its debut in the Spanish ranking, Herbert Smith LLP’s expertise extends to debt and equity transactions, securitisation and structured finance. Recent highlights include advising both Barclays and Société Générale on Fomento de Construcciones y Contratas’ €450m convertible bond issue. It is also acting for the Spanish shareholders – Val, Telco and Grupo Multitel – in connection with ONO’s €200m payment-in-kind bonds. Álvaro Sáinz adopts a global perspective and is ‘a remarkable communicator’.

Corporate and M&A

Within Corporate and M&A, tier 4

Since establishing itself in 2009, Herbert Smith LLP’s Spanish practice has made a considerable impression and it advised Grupo Netco on financing for the acquisition of shares in Coca-Cola distributor Refrescos Envasados del Sur. Álvaro Sáinz ‘always adds value to transactions’.

Dispute resolution

Within Dispute resolution , tier 5

‘Litigation guru’ Ignacio Díez-Picazo heads Herbert Smith LLP’s recently formed Spanish practice, working with a team that ‘complements him seamlessly’. It has been particularly active in energy and natural resources.

EU and competition

Within EU and competition, tier 4

Herbert Smith LLP’s recently established competition practice is one to watch, following a successful first year. Recent work includes representing a leading Spanish payments company in an investigation over interchange fees. Senior associate Pedro Suarez is well respected for his ‘accuracy, efficiency and friendly attitude’.

Employment

Within Employment Other recommended firms

Environment

Within Environment, Herbert Smith LLP is a third tier firm,

Ignacio Paz heads the environment practice at Herbert Smith LLP’s recently opened Spanish office. Miguel Riaño is also part of this ‘very professional and client-focused’ team, which has particular expertise in renewable and alternative energy.

Legal market overview

Within Legal market overview,

Spain is dominated by the historical ‘Big Three’ domestic firms – Cuatrecasas, Gonçalves Pereira, Garrigues and Uría Menéndez. The UK firms of Clifford Chance, Linklaters SL and Freshfields Bruckhaus Deringer follow closely, particularly when competing for top-end transactions, and newcomer Herbert Smith LLP has made a good first impression in the market.

Projects and energy

Within Projects and energy, Herbert Smith LLP is a third tier firm,

Herbert Smith LLP is ‘really good at working to tight timeframes and closing complex deals in different jurisdictions’. Miguel Riaño heads the department, which has considerable experience in power, mining, natural resources and renewable and alternative energy. Clients recommend Ignacio Paz and David Wyles, who transferred from London and brought with him significant experience in energy and project finance.

Real estate

Within Real estate Other recommended firms

Restructuring and insolvency

Within Restructuring and insolvency, Herbert Smith LLP is a third tier firm,

Herbert Smith LLP recently advised Yell Group on its refinancing, and represented Grupo Empresarial Ence in a major insolvency proceeding. Other clients include Banco Espirito Santo, Barclays Capital, BBVA and La Caixa. Ignacio Díez-Picazo and Álvaro Sáinz are recommended.

Tax

Within Tax, tier 5

Herbert Smith LLP’s ‘strong team’ offers ‘deep knowledge, experience and excellent response times’. Recent highlights include advising on Magnum Capital’s acquisition of Teknon Healthcare. Practice head Nicolás Martín is recommended.

What we say worldwide

Please choose another Herbert Smith LLP office to view full details of what we say in that region, or choose from this list to view a specific editorial reference in context.

United Arab Emirates

Offices in Dubai and Abu Dhabi

Belgium

Offices in Brussels

China

Offices in Beijing and Shanghai

Algeria

Foreign firms : Foreign firms

Spain

Offices in Madrid

France

Offices in Paris

Hong Kong

Offices in Hong Kong

Indonesia

Offices in Jakarta

India

Foreign firms : Foreign firms

Japan

Offices in Tokyo

London

Offices in London

Libya

Legal market overview : Legal market overview

Morocco

Foreign firms : Foreign firms

Russia

Offices in Moscow

Singapore

Offices in Singapore

Thailand

Offices in Bangkok

Tunisia

Foreign firms : Foreign firms

Search News and Articles

Legal Developments in Spain

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

Spanish Bankruptcy Act reform

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.

- Adarve Corporación Jurídica
Contesting the candidates is only possible during the social elections procedure

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.

- Claeys & Engels, member of Ius Laboris
RIVERO & GUSTAFSON ABOGADOS September Newsletter

Commercial

- Rivero & Gustafson Abogados
COLLECTIVE BARGAINING AGREEMENT AND COLLECTIVE BARGAINING

Urgent Measures for the reform of collective bargaining.

- Rivero & Gustafson Abogados
Newsletter May 2011

Commercial …………………………. Strengthening Financial System Law on a Sustainable Economy

- Rivero & Gustafson Abogados
Newsletter January 2011

(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.

- Rivero & Gustafson Abogados
The evidence of foreign law: The Spanish Supreme Court’s Judgment of 24 June 2010

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.

- PEREZ-LLORCA
Special Labor Reform Newsletter

LAW 35/2010, OF SEPTEMBER 17, ON URGENT MEASURESFOR THE REFORM OF THE LABOR MARKET

- Rivero & Gustafson Abogados
CHANGES IN THE REGIME GOVERNING RESTRICTIONS ON VOTING RIGHTS AT SPANISH LISTED COMPANIES

On June 17, 2010, following a rough and eventful passage through Parliament, the Lower House of the Spanish Parliament finally approved a transcendental amendment to the Spanish Corporations Law (to article 105.2) affecting only listed corporations: a prohibition on voting ceilings for a same shareholder (or companies in the same group), regardless of the number of shares they own.

- Garrigues
REORGANIZATIONS OF BIOTECH FIRMS

In spite of the M&A downturn both globally and in the healthcare industry in particular, 2008 saw a twofold increase in the volume of deals involving biotech firms. Judging from the news that emerged during 2009 and in light of recent surveys, this trend looks set to continue and the outlook is undoubtedly rosy, above all in pharmaceutical R&D.

- Garrigues