EY Abogados > Madrid, Spain > Firm Profile
EY Abogados Offices
CALLE DE RAIMUNDO FERNÁNDEZ
VILLAVERDE 65, TORRE AZCA
EY Abogados > The Legal 500 Rankings
Spain > Tax: The Big Four Tier 1EY Abogados is a ‘great tax firm’, with a ‘very solid’ practice that operates in all areas of taxation, with particular expertise in transfer pricing and multi-jurisdictional matters. The department is jointly led by managing partner Ramón Palacín, who has broad experience assisting multinationals in international tax and transfer pricing matters, supply chain solutions and controversy procedures; and Rocío Reyero, the firm's regional tax leader for Western Europe. Other key practitioners in the team include Araceli Sáenz De Navarrete, who according to a client has ‘an all-encompassing view of tax issues and an exceptional knowledge of the financial sector’; ‘VAT specialist’ Eduardo Verdún; and Manuel Paz.
Rocio Reyero; Ramon Palacín
‘EY’s tax team is made up of attorneys with deep knowledge of tax matters and extensive experience in their application. Its availability and advice tailored to the client’s needs stands out.’
‘Its high knowledge and experience in the management of the issues stands out, together with its accessibility.’
‘The team is excellent in many respects. I would emphasize its ability to carry out comprehensive tax analyses involving several jurisdictions and in which direct, indirect and international tax issues are mixed. Technically they are very solid and prudent.’
‘Araceli Saenz de Navarrete is, in short, a machine of working with an all-encompassing view of tax issues and an exceptional knowledge of the financial sector. I would highlight her ability to analyze very complex problems and the alternatives she is able to put on the table.’
‘Eduardo Verdun is a VAT specialist with a deep knowledge of the financial sector and the functioning of the Spanish and European Tax Administration, which allows him to anticipate any possible problems with his advice. Absolutely reliable.’
‘A team with magnificent professionals who have diverse and rich experience (in the private field, in the Tax Administration and in the Government), passion to face the challenges of their activity and international vocation. In addition to its technical rigor, I would highlight its alignment with the client’s interests and for its broad vision and creative approach when solving problems.’
‘Araceli Saenz de Navarrete is one of the most complete, efficient and hard-working professionals that I know. Indefatigable, meticulous, with extraordinary attention to detail, prudent and rigorous. Her ability to coordinate teams of diverse advisers and respond in a timely manner stands out.’
‘I would highlight Ramón Palacín and Alberto García Valera.’
- Advised Schwarz on the acquisition of Ferrovials’ environmental business in Spain and Portugal for €1.13bn.
- Advised Permira on the acquisition of German/Spanish pharmaceutical company Neuraxpharm from UK private equity firm Apax Partners for €1.6bn.
- Advised on the sale of Grupo T-Solar to Cubico by I Squared for $1.8bn.
Other key lawyers:
‘Professionals, very close and committed to helping their client.’
‘Rigorous when showing, explaining and writing the reports.’
‘Francisco Aldavero is one of the best M&A lawyers in Spain.’
‘Francisco Aldavero is outstanding in M&A / Private Equity.’
‘They have very profound and sound M&A experience and are very good and level-headed negotiators.’
‘Very dedicated team that was always on top of things with exremely short respone time.’
Gens Aurea S.p.A.
VASS Consultoría de Sistemas, S.L.
Lácteas Garcia Baquero, S.A.
Gens Aurea S.p.A.
VASS Consultoría de Sistemas, S.L.
Lácteas Garcia Baquero, S.A.
- Advised the shareholders of Angulas de Aguinaga on the sale of a majority stake in the company to Pai Partners and the partial reinvestment in the vehicle set up by Pai Partners.
- Provided advice to Czech EP Corporate Group and VESA Equity Investment on the acquisition of 50% interest in the supermarket and consumer goods chains Caprabo and Cecosa from Eroski.
- Advised Fielmann on the acquisition of an 80% equity ownership stake in Óptica & Audiología Universitaria.
Spain > Industry focus: TMT Tier 3According to a client, EY Abogados’ practice head Blanca Escribano and counsel Sofía Fontanals ‘are a reference in the digital law sector and, in particular, in telecommunications law’. These two fields are core strengths of the department, which also covers the full TMT offering, advising on commercial, regulatory and litigation matters. The team also acts for clients regarding their digital transformations and the enforcement of new technologies.
Other key lawyers:
‘I would highlight Sofía Fontanals and Blanca Escribano, for being a reference in the digital law sector and, in particular, in telecommunications law, as there are very few firms with specific knowledge in this matter.’
‘Its strength in my opinion is that EY are not only lawyers but they have consultants and technical people, which makes it a very suitable firm for large projects that require a multidisciplinary approach.’
‘I have worked with Blanca Escribano, whom I consider to be a very good professional and very up-to-date with all the technical news.’
‘A great level of cooperation and cohesion. Proven effectiveness in a highly competitive digital environment.’
‘It is a choral team with a lot of and very solid experience, especially in the media and telecommunications (data protection) side.’
‘Blanca Escribano: reference in media and telecommunications. 20 years of experience. She is practical and close. Combines the experience with a fresh and modern approach. Sofía Fontanals: Blanca Escribano’s right-hand: she is a first-rate complement.’
‘The E&Y TMT team develops a best-in-class practice in Spain, they have the most developed knowledge and competence in the sector. They provide information and experience when required.’
‘Experience, knowledge of the Spanish sector as well as European regulation. Blanca Escribano has the information on the future of the regulatory packages, follows the regulatory process throughout its processing, is a great partner of the firm, of course. Sofía Fontanals is also a prominent member of the team.’
Evolutio Cloud Enabler (formerly, BT)
Lyntia Networks (formerly, Ufinet Telecom)
Ingeniería y Técnica del Transporte (TRIA)
Association of Publishers/Asociación de Medios de Información (AMI)
Grupo Prensa Ibérica
Entertainment One (eOne)
- Provided telecoms regulatory advice to a client in Spain and coordinated a related international regulatory project involving 13 additional jurisdictions.
- Advising an international tech provider and smart hardware manufacturer on commercial/contractual and regulatory matters.
- Provided regulatory advice for an Asian state-owned infrastructure operator with regard to the deployment of a 5G network.
Spain > Employment Tier 4Praised by a client as ‘a great team with great support from the other departments of the firm’, EY Abogados' employment practice assists with day-to-day contentious and advisory matters, collective reorganisations or dismissals, international contractual matters, and M&A. Practice head Raúl García has over 20 years’ experience and is particularly strong in labour disputes, while Isabel Merenciano, the key contact in the Valencia office, has ‘extensive experience' and is praised as a ‘very good litigator'.
Other key lawyers:
Isabel Merenciano; José María Goerlich; Eva Sainz; Miguel Prado; Nicolás Chacon
‘EY’s legal team stood out for its total availability, for meeting the deadlines and commitments acquired, and for maintaining close contact once the project was completed. They also demonstrated resource capacity in areas other than those initially contracted. In times of pandemic with limited mobility, they proved to have flexibility and offices in different geographical points that allowed us to move forward with the projects.’
‘Clear and certain legal language.’
‘It is a great team with great support from the other departments of the firm.’
‘Isabel Merenciano (very practical, very good litigator), José María Goerlich (of counsel, very practical, positive and looking for solutions). They form a magnificent duo.’
‘Isabel Merenciano has extensive experience and knows how to adapt to the needs and profile of each client. Great professional.’
‘The personal treatment with the team of lawyers was very positive. In this sense, I’d highlight the lawyer Nicolás Chacón.’
Abaceria de Monasterio
- Assisted Banco Sabadell with restructuring the top management.
- Advising Saint Gobain on day-to-day ongoing issues.
- Acting for Henry Schein in the collective suspension of labour contracts of the group’s companies.
Spain > Environment Tier 4Ana López Muiña leads EY Abogados‘ planning and environment department, which fields multidisciplinary teams to assist clients in climate change, sustainability, urban planning, corporate, real estate and tax matters. Recently, the team has been particularly active advising on the environmental law aspects of real estate, industrial and infrastructure projects. Susana Orgillés Mañas is a key associate.
Ana López Muiña
Other key lawyers:
PARQUES REUNIDOS, S.A.
COMISIÓN GESTORA NUEVO APD8 LAS MARÍAS
ARIMA REAL ESTATE SOCIMI, S.A.
ENGEL & VÖLKERS
GROSVENOR GROUP LIMITED
KNOWMAD REAL ESTATE
- Provides legal advice to Gestan Medioambiental on the environmental authorisation process for the implementation of a waste treatment plant with a capacity of 1,000,000 tonnes in A Coruña.
- Provided legal advice to Coexpan to obtain all the required environmental authorisations for the implementation of an industrial project in Alcalá de Henares, Madrid.
- Advised Parques Reunidos on obtaining the environmental authorisations and urban planning licences regarding the enlargement of Warner Park in Madrid, with a strong environmental impact from the archaeological point of view.
Spain > Private equity Tier 4At EY Abogados, the team is equipped to guide funds from inception all the way through to dissolution or disposal. Its services include advice on alternative investment funds, crowd funding, debt and infrastructure fund and real estate law, in addition to a range of transactions such as MBOs, divestments and buy-outs. Practice head Francisco Aldavero is cited as a lawyer with a ‘wealth of experience’, and is active on both the domestic and cross-border fronts.
Other key lawyers:
Susana Gómez Badiola; Simeón García-Nieto; Pablo Tramoyeres
‘Francisco Aldavero is a lawyer with a wealth of experience in private equity operations, very decisive and with a very practical and commercial approach. In particular, I would highlight his proactivity, knowledge of our business, negotiation skills and the control he has at all times of the operation.’
VESA Equity Investments
- Advised Portobello Capital and the rest of the shareholders of Angulas de Aguinaga on the sale of a majority stake in the company to Pai Partners and the partial reinvestment in the vehicle set up by Pai Partners.
- Advised Czech EP Corporate Group and VESA Equity Investment on the acquisition of a 50% interest in the supermarket and consumer goods chains Caprabo and Cecosa from the Basque retail group Eroski.
- Advised Miura Partners on the creation of a ceramics group in Europe by integrating Equipe Cerámicas into Italcer, which is backed by Mandarin Capital Partners.
Spain > Public law Tier 4Barcelona-based practitioner Pilar Fernández Bozal heads EY Abogados' public law team, which according to a client, ‘always exceeds expectations’. The department is known for its knowledge on regulatory matters, providing both day-to-day advice and representation before the courts and regulatory authorities, and is frequently involved in disputes related to construction contracts and administrative concessions.
Other key lawyers:
Laura de Pedro; Beatriz Ruiz
‘Technical capacity of the team, training and communication skills in the matters discussed.’
‘The experience. They have a 360 view of the market, not limiting themselves to merely legal knowledge. They also take into account commercial or business aspects. Beatriz Ruiz stood out.’
‘A great human team that technically always exceeds expectations’
‘As strong points to review, the EY Public Law team is a very professional team, with high dedication to its clients, who at all times try to understand the problem in order to provide the best solutions, with a high level of participation.’
‘They are very professional lawyers, with whom we work very comfortably, because there is a very high level of client-lawyer trust, where we understand each other quite well, which makes everything very dynamic and easy at the time of work. They have managed to understand the difficulties or problems of our sector and our company and they have known how to adapt, always providing the best solutions for us. All great lawyers.’
FUNDACIÓN BANCARIA UNICAJA
AGENCIA AGUA AUTONOMOUS GOVERNMENT OF CASTILLA-LA MANCHA
EXCAVACIONES VIUDA DE SAINZ
FUNDACIÓN ABADIA DE MONTSERRAT 2025
CONSELL COMARCAL D’OSONA
AUTORITAT PORTUARIA DE TARRAGONA
CONSORCI DE TURISME DE BARCELONA
PGA EUROPEAN TOUR
ASOCIACIÓN CARBONERÍA CULTURA SIGLO XXI
- Advised Compass on public contracts subscribed with public administrations and public entities, including Moncloa Palace, Congress of Deputies, Madrid’s Fair Institution and Club de Campo.
- Provided advice to Emaya regarding questions related to non-tax-public property benefits and fees.
- Advised Fundación Bancaria Unicaja on the functioning of the foundation, and specific public legislation.
‘Ana López Muiña – a lot of availability, initiative and client orientation.’
Arima Real Estate Socimi, S.A.
Engel & Völkers
Knowmad Real Estate
Kronos Investment Group
Grosvenor Group Limited
Zambal Spain Socimi
IBA Capital Partners
Atom Hoteles Socimi
Único Hotels & Real Estate
Engel & Völkers
AIG Asset Management (Europe) Limited
- Provided Grosvenor Group with legal advice, drafting a legal and urban planning due diligence report in relation to the acquisition of buildings located in Madrid.
- Provides legal advice to Via Celere, which holds the Presidency of the Junta de Compensación Huerta Grande, a non-profit organisation created by landlords with the aim of carrying out the urban planning development.
- Advised the Presidency of the Comisión Gestora Las Marías (on behalf of Kronos Investment Group), a non-profit organisation created by landlords with the aim of carrying out the urban planning development of land in Torrelodones, Madrid.
Spain > Projects and energy Tier 5Praised for its ‘deep knowledge of the sector, excellent procedural practice and practical approach’, EY Abogados is highly focused on regulatory work, but also participates in acquisitions of energy projects and assets, where it works in collaboration with the firm’s M&A department. Senior associate Laura de Pedro is a name to note. Former practice head Félix Plasencia Sanchez left the firm in November 2021.
Other key lawyers:
‘Deep regulatory knowledge, combined with a practical approach to civil or commercial issues, with very good capacities to handle lawsuits, availability of solid equipment.’
‘The deep knowledge of the sector, excellent procedural practice and practical approach to the issues.’
‘Training and knowledge of the subject. How they turn to the issues.’
‘I’d highlight the dedication to the client. The expertise.’
‘Its support is essential for us in order to correctly understand how the new regulation affects us or how the company has to face the situations that occur within this framework.’
‘Great technical and professional capacity, and deep management of procedural skills.’
EOLIA RENOVABLES DE INVERSIONES, S.R.C.
ENGASA EÓLICA, S.A.
JEALSA ENERGÍA, S.A.
KIRA RENOVABLES, S.A.
SAMPOL INGENIERIA Y OBRAS S.A.
ENERGÍA DE GALICIA, S.A.
AXPO IBERIA S.L.
MAGTEL ENERGÍA SOSTENIBLE, S.L.
GRUPO T-SOLAR GLOBAL, S.A. (CUBICO)
ALTEN GLOBAL 4 S.L.U
- Advised Petronor on the promotion of the Basque Hydrogen Corridor, which was created by Petronor and Repsol.
- Advised Fundación Acciona on the legal and regulatory analysis of the issues that may arise as a result of the implementation of the project called “Self-consumption and reduction of energy poverty in San Pedro del Puerto”.
- Advised EOLIA on regulatory matters which could have an impact on its operational portfolio (wind farms, photovoltaic and others) and its acquisitions of projects and operational assets.
Spain > Banking and finance Tier 7The ‘efficient and responsive‘ team at EY Abogados advises debtors and guarantors on acquisition finance, refinancing and receivables finance. The team also assists both lenders and borrowers with project financing for real estate, travel and leisure developments. Gonzalo Martín De Nicolás leads the team and is now joined by Andrés Lorrio, who was hired from Jones Day in January 2021.
Gonzalo Martín de Nicolás
Other key lawyers:
Andrés Lorrio; Guillermo Crespo Gómez
‘Practical and commercial. Always acting in the best interest of the client. Efficient and responsive.’
Abanca Corporación Bancaria
Banco de Crédito Social Cooperativo
- Advised a concessionaries companies managed directly by Quaero Capital on the subrogation, amendment and assignment of the existing financing agreements due to their acquisition by Quaero Capital.
- Advised Official Credit Institute (ICO) on several international financing transactions.
- Assisting Bankinter with the financing of several technology-sector research and development projects.
EY Abogados > Firm Profile
EY Abogados advises on the development and implementation of business strategies promptly and efficiently, combining local technical knowledge with a global perspective on tax, legislative and administrative matters which translates into an agile response to the most urgent international challenges of its clients. The firm provides an integrated multidisciplinary service based on the deep knowledge of the business, the market and the industry sector in which clients operate to add value by creating effective business models and strategies.
Main areas of practice
M&A and private equity: Driven to provide client-centric solutions, guided by a deep sector focus and a multidisciplinary approach. Extensive experience advising corporations and private equity investors on all types of transactions and cross-border deals.
Banking and finance: Wide range of national and cross-border legal and regulatory solutions to financial industry players across the banking, investment services, insurance, asset management and payment services businesses. Senior multidisciplinary subject matter experts on legal and regulatory complex matters covering regulatory filings, rules of conduct, disciplinary procedures, implementation of Financial Services International Regulations and transaction law advice.
Real estate: Experienced in advising sizeable transactions of large portfolios also in asset management. Regularly retained by some of the largest players in the sector to handle some of the highest-value and highest-profile deals in recent years.
Public law and regulatory: Experienced in advising companies in all regulated sectors. Deep knowledge of public administrations procedures and their control institutions.
Employment: Top executives, contracting, collective negotiations, expatriates, outsourcing, litigation and Social Security issues.
Corporate governance: Integrated solution with a multidisciplinary nature focused on listed and non-listed companies from all economic sectors. Corporate governance matters, Directors’ remuneration, capital markets, corporate social responsibility and sustainability, risk management and regulatory and compliance.
Digital law: Legal angle of the companies’ digitization processes, including legal issues derived from the use of disruptive technologies like IoT, blockchain and AI/algorithms and legal protection of intangible assets as IP and personal and non-personal data. EY’s digital law practice is embedded in one of the greatest technology hubs in Europe.
Competition law: Legal and strategically focused antitrust advice in all sectors and industries. Practical advice for clients to stay competitive whilst complying with competition law. Merger control proceedings, sanctioning proceedings (cartels, abuses of dominant position), state aids, claim for damages and compliance programs.
Litigation: Pretrial conflicts to avoid judicial disputes, judicial proceedings and negotiation in complex civil and commercial disputes, including regulatory and corporate conflicts and bankruptcy procedures.
Legal managed services: Umbrella offering that provides technology-enabled support, including automation for high volume repetitive or event-driven legal work (where permitted by law). LMS offerings are delivered in close collaboration with professionals from across the various service lines and practices.
Transfer pricing: specializes in assisting multinationals in transfer pricing design, complex supply chain solutions, cost contribution agreements, business aligned conversions. APAs and controversy procedures.
International tax and transaction services: assistance to multinationals and industrial players in their cross-border transactions providing comprehensive tax advice, ranging from recurring tax advice to deal advice. Part of this team specialises in assisting on the execution of cross-border transactions, both on inbound and outbound projects. Our professionals work closely with the EY team in our global organization thus being able to provide complete cross-border advice on complex transactions and organizations.
Business tax services: Corporate tax advisory services throughout every stage of the tax life cycle, helping clients in the definition of their tax policies and tax strategies. The team includes a group that specializes in local and environmental taxation and a “Quantitative Services” team focused on the rendering of advice to companies on determining, reporting and managing their tax attributes using quantitative analyses and modeling to help them generate cash saving, focusing on innovation and capital incentives and tax credits.
Private client services: Team focused on compliance and business tax services associated with supporting the ownership, management and preservation of privately-owned businesses and wealth. These include personal and family tax advice, business tax advice, structuring, compliance and reporting, family and business governance, wealth transfer and succession planning, asset protection and family office advisory as well as related support services.
Tax controversy / litigation: One of the biggest teams in the market, with a deep knowledge of the general aspects of tax litigation as well as in specialized sectors of local taxation, EU controversy or energy and environmental taxation. The practice operates in three main technical segments: (i) pre-litigation activity such as settlement procedures, negotiations with Spanish Tax Authorities, (ii) litigation activities before Tax Courts, (iii) requests of rulings to solve technical problems by knowing the position of Spanish Tax Authorities before the implementation of a transaction.
Indirect tax: The team helps companies on addressing issues related to VAT and other indirect taxes, including custom and excise duties, locally and internationally. The team includes specialists in customs duties and special taxes.
Financial tax services: Tailor-made services to all type of financial organizations within the banking, insurance and wealth and asset management business.
Global compliance and reporting: The team has a deep knowledge on addressing key elements of a company’s finance and tax processes for preparing statutory financial and tax filings and outsourcing of services.
Tax technology and transformation: TTT is the architect of the connected intelligent tax function where we deliver tax technology and transformation services designed to improve the operational effectiveness of the client tax function and the efficient delivery of EY tax technical services. We cover a wide range of services, including transformation, enterprise integration, intelligent and process automation, data and analytics as well as governance and risk management
|Co-Managing Partner||Rocío Reyero|
|Co-Managing Partner||Ramón Palacín|
|Legal Managing Partner||Félix Plasencia|
|Head of Financial Tax and Legal Services||Araceli Sáenz de Navarrete|
|Mr Francisco Aldavero||Head of Corporate M&A and Private Equity||View Profile|
|Mr Iván Azinovic||Head of the Real Estate practice||View Profile|
|Mrs Blanca Escribano||Head of Digital Law||View Profile|
|Mr Raúl García||Head of Labour and Employment||View Profile|
|Mr Simeón García-Nieto||Leading Partner of the M&A practice in Barcelona||View Profile|
|Mr Ramón Palacín||Managing Partner and Head of the International Tax and Transfer Pricing practice||View Profile|
|Mr Félix Plasencia||Legal Managing Director and Head of the Energy practice at EY Abogados.||View Profile|
|Mrs Araceli Sáenz de Navarrete||Leading Partner of the Tax & Law Financial Services practice||View Profile|