Firm Profile > Pérez-Llorca > Madrid, Spain

28046 MADRID

Real estate and construction Tier 1

Pérez-Llorca advises domestic and international banks and real estate investment trusts. The team assisted Banco Sabadell with a package of non-residential asset transactions valued at €246.5m. Luis Zurera, Gerard Serra and Vicente Estebaranz lead the team. Fausto Romero-Miura, Javier Muñoz  and Alejandro Osma are other key names.

Capital markets: Debt Tier 2

Pérez-Llorca advised Cortefiel on the corporate governance implications arising from the issuance of €275m of senior secured notes and €325m of floating-rate senior notes. It also advised packaging solutions company Ardagh Group on the issuance of senior notes and assisted alternative investment manager Ben Oldman Partners with the design of a securitisation structure. Julio Lujambio leads the team, in which Javier Gómez made partner in January 2018 and Pablo González Mosqueira is recommended. Carlos Pérez Dávila was a new arrival from Clifford Chance in 2019.

Capital markets: Equity Tier 2

Recently, Pérez-Llorca acted on listings on the MAB. Other work included assisting Banco Santander with the acquisition of Banco Popular, with the client completing a rights issue for a total amount of €7bn. It also advised packaging company DS Smith on all Spanish law matters relating to the voluntary tender offer for 100% of the issued share capital of Europac at an offer price of €16.80 per share. Javier Carvajal and Pablo González Mosqueira are standout practitioners in Julio Lujambio's team. Javier Gómez made partner in January 2018.

Commercial, corporate and M&A Tier 2

A Spanish heavyweight, Pérez-Llorca is regularly involved in major M&A deals. For example, it assisted packaging company DS Smith with all Spanish law matters relating to the €1.7bn voluntary tender offer for Papeles y Cartones de Europa. Within the 19-partner team, Pedro Pérez-LlorcaJulio Lujambio and Javier Carvajal are key names. Javier Gómez and Pedro Marques da Gama made partner in January 2018.

Dispute resolution Tier 2

Pérez-Llorca is best known for its arbitration practice, with noted experience in cross-border matters. The team, which is led by Félix Montero and Ana Ribó, was recently strengthened by the arrival of Javier Izquierdo, who joined from Gómez-Acebo & Pombo and boosts the department’s strength in the areas of financial institutions and bankruptcy litigation. Experienced arbitrator Fernando Bedoya was promoted to partner in 2018, and Beatriz García is acting for the MAN group of truck manufacturers in judicial proceedings initiated by truck dealers, claiming damages caused by the truck manufacturer cartel. In another highlight, the team is representing Comuto in a complex case initiated by the Confederación Española de Transporte en Autobús, seeking to stop Comuto’s activity in Spain.

Employment Tier 2

Pérez-Llorca is particularly active in employment issues in the banking sector and has a particular expertise in collective negotiations. Luis Enrique Fernández Pallarés leads the practice and is experienced in complex transactions, corporate restructurings and cross-border projects. The team advised Avis on changing the labour conditions related to the delivery and collection of cars out of ordinary service hours; Daniel Cifuentes led on this matter. In another recent highlight, the firm assisted Virgin Active with the contract termination of its management team in Spain. Other key clients include Banco Santander, Airbus, HP and Bankia.

Private equity Tier 2

Pérez-Llorca advised CVC Capital Partners and PAI Partners on the acquisition of retail group Cortefiel, and handled acquisitions for ADM Capital and Oaktree Capital. Senior partner Pedro Pérez-Llorca, Julio Lujambio, Carmen Reyna and Pablo González Mosqueira all have private equity expertise. Javier Gómez made partner in January 2018.

Projects and energy Tier 2

Pérez-Llorca's practice is experienced in regulatory advice, transactions and litigation, as well as project finance. The team is led by regulatory expert José Ramón de Hoces; European Union law specialist Juan Manuel Rodríguez CárcamoAnder Valverde, who focuses on banking and finance; and Alejandro Osma, who is experienced in project finance. In a recent highlight, the department assisted Gas Natural Fenosa with the transformation of several distribution and supply points in Galicia from a LPG distribution network to a natural gas distribution network.

Public law Tier 2

Pérez-Llorca frequently advises on EU regulation. On the contentious side, the group is representing four construction companies in judicial proceedings concerning the requested termination of a public works contract for the construction of road accesses to the port of Barcelona. José Ramón de HocesJuan Manuel Rodríguez Cárcamo and newly made-up partner Beatriz García are recommended.

White-collar crime Tier 2

Pérez-Llorca handles both cross-border and domestic cases on behalf of companies and top-level management. It successfully defended the president of savings bank CAM in a trial concerning alleged accountancy fraud. Adriana de Buerba is a leading lawyer in the area who can count on the assistance of associate Juan Palomino.

Banking and finance Tier 3

Pérez-Llorca has a strong client portfolio including Bankia, CaixaBank, Citibank and BNP Paribas. Recent work includes assisting the DE Shaw group with the acquisition of a €550m NPL portfolio, and advising a pool of banks on refinancing the indebtedness of Zodiac Pool Solutions and Fluidra. Fausto Romero-Miura and practice head Ander Valverde are recommended. Pedro Marques da Gama made partner in January 2018 and Ildefonso Arenas joined from DLA Piper LLP in September 2018. Marcel Enrich, who is based in the Barcelona office, was a new arrival in 2020.

Environment Tier 3

Pérez-Llorca specialises in the area of public law and the development of projects with an environmental element. The firm has particular expertise in industrial waste and water discharge matters. Expert in planning Vicente Estebaranz leads the practice, which recently advised CVC Capital Partners on drafting a legal environmental report on waste management companies in Europe, relating to the potential acquisition of Befesa. In another highlight, the firm assisted Aena with the environmental implications of a plan for the expansion of the second biggest airport in Spain, Barcelona-El Prat.

EU and competition Tier 3

Pérez-Llorca focuses on cartel and merger control matters. The practice was boosted by the arrival of new team leader Juan Jiménez-Laiglesia, who joined from EY Abogados in 2018. Also notable is specialist in EU litigation Juan Manuel Rodríguez Cárcamo. In recent highlights, the department advised Banco Santander on merger control aspects concerning the acquisition of Banco Popular Español, and acted for Deutsche Bahn in an investigation by the Spanish competition authority related to the alleged infringement of certain agreements entered into with Renfe.

Industry focus: Healthcare and life sciences Tier 3

Pérez-Llorca specialises in the regulatory and administrative aspects of the health sector. In addition, the firm has experience in intellectual property disputes and competition-related advice. Health regulatory and litigation specialist Juan Manuel Rodríguez Cárcamo leads the practice and his work focuses on the pharmaceutical industry. In recent highlights, the practice is advising Mylan on the change in prescription of its medicine Bucometasana, and is also defending the Valencian Board of Official Pharmaceutical Colleges in proceedings arising from various instructions related to pre-filled syringes.

Industry focus: TMT Tier 3

Pérez-Llorca has particular expertise in public law and regulatory issues relating to the technology, media and telecoms sector. Public law specialist José Ramón de Hoces leads the practice with Juan Manuel Rodríguez Cárcamo, who is experienced in the regulatory aspects of the telecoms industry. Also noteworthy is Beatriz García, who was recently promoted to partner and advises clients internationally on audiovisual and broadcasting rights. The team advised Eurona Wireless Telecom on the €46.8m corporate financing granted by Magnetar Capital for the expansion of the company. In another highlight, the department is assisting Abertis with a number of data protection issues.

Restructuring and insolvency Tier 3

Pérez-Llorca recently advised the lenders, including BBVA and Bankia, on the refinancing of debt in the context of Carbures Europe's insolvency. Another highlight was assisting CaixaBank with Grupo Isolux Corsán's insolvency proceedings. Disputes head Félix Montero is the key name and Javier Izquierdo joined from Gómez-Acebo & Pombo in April 2018.

Tax Tier 3

Pérez-Llorca has cross-border experience in tax matters arising from international transactions, and also represents clients in interactions with the Spanish tax authorities. Tax legislation expert Clara Jiménez leads the team and focuses on litigation and tax audits. M&A and real estate specialist Norma Peña i Bagés is head of the firm’s Barcelona practice. Also notable is tax litigation expert José Suárez, who was promoted to partner in 2018. The firm advised Banco Santander on the structuring of the transfer of Banco Popular’s 49% stake in WiZink to Värde and the acquisition of WiZink’s Banking Business. In another highlight, the department is assisting Adigital and its members with a legislative matter relating to the proposal of a directive on the taxation of digital services, made by the European Commission.

Pérez-Llorca is a pre-eminent law firm in Spain. The firm provides high-end advice to international and domestic clients in connection with the largest and most complex transactions and disputes in Spain or matters with a Spanish component. Pérez-Llorca prides itself on offering unrivalled quality, service and commitment to clients. The majority of the firm’s work is cross-border and often involves several jurisdictions. As an independent law firm, Pérez-Llorca approaches multijurisdictional work by providing turnkey solutions together with other leading independent firms from Europe, the Americas or Asia. Pérez-Llorca offers full-service advice on Spanish law and operates from its offices in Madrid, Barcelona, London and New York.

Department Name Email Telephone
Commercial, corporate and M&A Javier Carvajal
Commercial, corporate and M&A Iván Delgado
Commercial, corporate and M&A Pablo González Mosqueira
Commercial, corporate and M&A Alfredo Lafita
Commercial, corporate and M&A Pedro Pérez-Llorca
Commercial, corporate and M&A Alejandro Alberte
Commercial, corporate and M&A Francisco Iso
Commercial, corporate and M&A Dídac Severino
Capital markets Javier Gómez
Capital markets Julio Lujambio
Capital markets Carlos Pérez Dávila
Commercial, corporate and M&A Pedro Marques da Gama
Banking and finance Ander Valverde
Banking and finance Ildefonso Arenas
Private equity Carmen Reyna
Private equity Álvaro Ramírez de Haro
Venture capital Pedro Fernández
Real estate Javier Muñoz
Real estate Alejandro Osma
Real estate Fausto Romero-Miura
Real estate Luis Zurera
Dispute resolution Fernando Bedoya
Dispute resolution Guillermina Ester
Dispute resolution Félix J Montero
Dispute resolution Mercedes Romero
Dispute resolution Javier Izquierdo
White-collar crime and investigations Adriana de Buerba
White-collar crime and investigations Juan Palomino
Competition Juan Jiménez-Laiglesia
EU law Juan Manuel Rodríguez Cárcamo
Administrative and regulatory José Ramón de Hoces
Dispute resolution Beatriz García
Administrative and regulatory Juan Manuel Rodríguez Cárcamo
Administrative and regulatory Elena Veleiro
Restructuring and insolvency Félix J Montero
Land planning Vicente Estebaranz
Tax and wealth management José Suárez
Tax and wealth management Clara Jiménez
Tax José Azqueta
Employment Daniel Cifuentes
Employment Luis Enrique Fernández Pallarés
Employment Fernando Ruiz
Employment Laura Pérez
Photo Name Position Profile
Mr Alejandro Alberte  photo Mr Alejandro Alberte
Mr Ildefonso Arenas  photo Mr Ildefonso Arenas
Mr José Azqueta  photo Mr José Azqueta
Mr Fernando Bedoya  photo Mr Fernando Bedoya
Mr Javier Carvajal  photo Mr Javier Carvajal
Mr Daniel Cifuentes  photo Mr Daniel Cifuentes
Mr Rafael Díaz  photo Mr Rafael Díaz
Ms Adriana De Buerba  photo Ms Adriana De Buerba
Mr Marcel Enrich photo Mr Marcel Enrich
Mr Vicente Estebaranz  photo Mr Vicente Estebaranz
Ms Guillermina Ester  photo Ms Guillermina Ester
Mr Pedro Fernández  photo Mr Pedro Fernández
Mr Luis Enrique Fernández Pallarés  photo Mr Luis Enrique Fernández Pallarés
Mr Javier Gómez  photo Mr Javier Gómez
Ms Beatriz García  photo Ms Beatriz García
Mr Javier García Marrero  photo Mr Javier García Marrero
Mr Pablo González Mosqueira  photo Mr Pablo González Mosqueira
Mr Alberto Ibort  photo Mr Alberto Ibort
Mr Francisco Iso  photo Mr Francisco Iso
Mr Javier Izquierdo  photo Mr Javier Izquierdo
Mrs Clara Jiménez  photo Mrs Clara Jiménez
Mr Juan Jiménez-Laiglesia  photo Mr Juan Jiménez-Laiglesia
Mr Alfredo Lafita  photo Mr Alfredo Lafita
Mr Julio Lujambio  photo Mr Julio Lujambio
Mr Pedro Marques da Gama  photo Mr Pedro Marques da Gama
Mr Félix J Montero  photo Mr Félix J Montero
Ms Isabel Moya  photo Ms Isabel Moya
Mr Javier Muñoz  photo Mr Javier Muñoz
Mr Juan Oñate  photo Mr Juan Oñate
Mr Alejandro Osma  photo Mr Alejandro Osma
Ms Laura Pérez  photo Ms Laura Pérez
Mr Carlos Pérez Dávila  photo Mr Carlos Pérez Dávila
Mr Pedro Pérez-Llorca  photo Mr Pedro Pérez-Llorca
Mr Juan Palomino  photo Mr Juan Palomino
Mr Fernando Quicios  photo Mr Fernando Quicios
Ms Carmen Reyna  photo Ms Carmen Reyna
Mr Juan Manuel Rodríguez Cárcamo  photo Mr Juan Manuel Rodríguez Cárcamo
Ms Mercedes Romero  photo Ms Mercedes Romero
Mr Fausto Romero-Miura  photo Mr Fausto Romero-Miura
Mr Fernando Ruiz  photo Mr Fernando Ruiz
Mr Dídac Severino  photo Mr Dídac Severino
Mr José Suárez  photo Mr José Suárez
Mr Ander Valverde  photo Mr Ander Valverde
Ms Elena Veleiro  photo Ms Elena Veleiro
Mr Luis Zurera  photo Mr Luis Zurera
Mr José Ramón de Hoces  photo Mr José Ramón de Hoces
Number of lawyers at Pérez-Llorca : 260
Pérez-Llorca Madrid : 215
Main Contact : Pedro Pérez-Llorca (senior partner)
Other offices : Barcelona
Other offices : London
Other offices : New York

A global environment and a society that aims at equality and cultural, gender, geographical and generational diversity only enriches the project we are creating.

Pérez-Llorca is made up of professionals from more than 15 different nationalities across three continents. 58% of our workforce are women, as are 24% of the firm’s partners, which is far above the average of 16% in the sector as a whole (According to 2017 data published by Iberian Lawyer).

These diverse working teams enable us to produce the best and most innovative results.