EY Abogados > Madrid, Spain > Firm Profile

EY Abogados
CALLE DE RAIMUNDO FERNÁNDEZ
VILLAVERDE 65, TORRE AZCA
28003 MADRID
Spain

Spain > Tax: The Big Four Tier 1

EY 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 specialistEduardo Verdún; and Manuel Paz.

Practice head(s):

Rocio Reyero; Ramon Palacín

Other key lawyers:

Manuel Paz; Araceli Sainz; Eduardo Verdún; Alberto García Valera

Testimonials

‘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.’

Key clients

Iberdrola

Telefónica

Másmovil

Patrizia

Air Europa

Puig

Mubadala

Helia Renovables

Amundi

Cubico

TPG

Allfunds Bank

TPG

Hines

Brookfield

Cain International

Starwood

Work highlights

  • 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.

Spain > Commercial, corporate and M&A Tier 3

EY Abogados' team includes Susana Gómez Badiola, who is well versed in due diligence procedures, as well as Simeón García-Nieto, who focuses on the Catalonia market. Other key names include renewables sector specialist Pablo Tramoyeres and José Carnerero, who is especially active in the life sciences, audiovisual, retail and consumer fields. Since publication, Francisco Aldavero left the firm.

Testimonials

‘Professionals, very close and committed to helping their client.’

‘Rigorous when showing, explaining and writing the reports.’

‘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.’

Key clients

Fielmann AG

Jakala S.p.a.

SCP Sintersa

Gens Aurea S.p.A.

VASS Consultoría de Sistemas, S.L.

Lácteas Garcia Baquero, S.A.

Intelligence Partners

Cellnex

Iberdrola

Repsol

Mobius Group

Fielmann AG

Jakala S.p.a.

SCP Sintersa

Gens Aurea S.p.A.

VASS Consultoría de Sistemas, S.L.

Lácteas Garcia Baquero, S.A.

Intelligence Partners

Cellnex

Iberdrola

Repsol

Mobius Group

Work highlights

  • 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 3

According 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.

Practice head(s):

Other key lawyers:

Testimonials

‘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.’

Key clients

Grupo MásMóvil

Axpo Iberia

Evolutio Cloud Enabler (formerly, BT)

Lyntia Networks (formerly, Ufinet Telecom)

ZTE

Ingeniería y Técnica del Transporte (TRIA)

Association of Publishers/Asociación de Medios de Información (AMI)

Grupo Prensa Ibérica

Entertainment One (eOne)

Work highlights

  • 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 4

Praised 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. Since research concluded, Isabel Merenciano left the firm, in July 2022.

Practice head(s):

Raúl García

Other key lawyers:

José María Goerlich; Eva Sainz; Miguel Prado; Nicolás Chacon

Testimonials

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.’

‘José María Goerlich (of counsel, very practical, positive and looking for solutions).’

‘The personal treatment with the team of lawyers was very positive. In this sense, I’d highlight the lawyer Nicolás Chacón.’

Key clients

Royal Caribbean

Henry Schein

Caixabank

Ford España

Cuetara

Sony Mobile

Cores

Trox España

Honeywell

Saint Gobain

Abaceria de Monasterio

Thyssenkrupp

HReis

Gaes

Anjac

B&B Trends

Investindustrial

Abac Capital

Asabys Partners

Niro Ceramica

Loxin

Banco Sabadell

Renfe

Work highlights

  • 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 4

Ana 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.

Practice head(s):

Ana López Muiña

Other key lawyers:

Key clients

PARQUES REUNIDOS, S.A.

GESTAN MEDIOAMBIENTAL

ECOVIDRIO

COEXPAN

COMISIÓN GESTORA NUEVO APD8 LAS MARÍAS

ARIMA REAL ESTATE SOCIMI, S.A.

ENGEL & VÖLKERS

GROSVENOR GROUP LIMITED

GI INVESTMENTS

ARDIAN

ZETLAND

KNOWMAD REAL ESTATE

DEA CAPITAL

Work highlights

  • 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 4

At 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. Since publication, Francisco Aldavero left the firm.

Other key lawyers:

Susana Gómez Badiola; Simeón García-Nieto; Pablo Tramoyeres

Key clients

PORTOBELLO CAPITAL

NEXXUS IBERIA

ARDIAN

VESA Equity Investments

MIURA PARTNERS

ZETLAND CAPITAL

FORMENTOR CAPITAL

CORPFIN CAPITAL

PROA CAPITAL

SPRINGWATER CAPITAL

ABAC CAPITAL

INCUS CAPITAL

Work highlights

  • 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 4

Barcelona-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.

Practice head(s):

Other key lawyers:

Laura de Pedro; Beatriz Ruiz

Testimonials

‘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.’

Key clients

COMPASS GROUP

ACCIONA

JEALSA RIANXEIRA

FUNDACIÓN BANCARIA UNICAJA

AGENCIA AGUA AUTONOMOUS GOVERNMENT OF CASTILLA-LA MANCHA

GICAMAN

ANCED

RÚSTICAS

RÚSTICAS

EMAYA

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

Work highlights

  • 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.

Spain > Real estate and construction Tier 4

The real estate and urban planning team at EY Abogados assists international real estate and investment management companies involved in high-end transactions. The group’s service extends to acquisitions, portfolio and single-asset transactions, sales and leaseback deals, construction and development, due diligence and engineering agreements. The team is led by urban planning head Ana López Muiña, refinancing expert Iván Azinovic Gamo and construction specialist Ignacio Saenz de Santamaría. The team is supported by senior manager Natalia Tova Cobo, who advises on matters in the renewable, hospitality and logistics sectors, and manager Susana Orgillés Mañas, who brings experience in administrative proceedings.

Testimonials

‘Business vision.’

‘Ana López Muiña – a lot of availability, initiative and client orientation.’

Key clients

Arima Real Estate Socimi, S.A.

Engel & Völkers

GI Investments

Ardian

Zetland

Knowmad Real Estate

Dea Capital

Kronos Investment Group

Grosvenor Group Limited

Via Celere

Zambal Spain Socimi

IBA Capital Partners

Drago Capital

Global Switch

Atom Hoteles Socimi

Único Hotels & Real Estate

SCI Elialys

Engel & Völkers

AIG Asset Management (Europe) Limited

Work highlights

  • 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 5

Praised 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:

Testimonials

‘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.’

Key clients

ACCIONA ENERGÍA

EOLIA RENOVABLES DE INVERSIONES, S.R.C.

ENGASA EÓLICA, S.A.

VIESGO PRODUCCIÓN

JEALSA ENERGÍA, S.A.

KIRA RENOVABLES, S.A.

SAMPOL INGENIERIA Y OBRAS S.A.

ENERGÍA DE GALICIA, S.A.

CAPITAL ENERGY

AXPO IBERIA S.L.

MAGTEL ENERGÍA SOSTENIBLE, S.L.

GRUPO T-SOLAR GLOBAL, S.A. (CUBICO)

PETRONOR

FUNDACIÓN ACCIONA

ALTEN GLOBAL 4 S.L.U

Work highlights

  • 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 7

The ‘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.

Practice head(s):

Gonzalo Martín de Nicolás

Other key lawyers:

Andrés Lorrio; Guillermo Crespo Gómez

Testimonials

‘Practical and commercial. Always acting in the best interest of the client. Efficient and responsive.’

Key clients

Incus Capital

Abanca Corporación Bancaria

Quaero Capital

Minoryx Therapeutics

Resilience Partners

Abac Capital

Nupik

Banco de Crédito Social Cooperativo

Bankinter

Work highlights

  • 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.

Spain > Insurance

The insurance practice at EY Abogados sits within the firm’s financial services department, and is equipped to advise insurance-sector clients on regulatory, commercial and corporate matters; Enrique Fernández Albarracín is the practice head.

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

DepartmentNameEmailTelephone
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
PhotoNamePositionProfile
Iván Azinovic photoMr Iván AzinovicHead of the Real Estate practice
Blanca Escribano photoMrs Blanca EscribanoHead of Digital Law
Raúl García photoMr Raúl GarcíaHead of Labour and Employment
Simeón García-Nieto photoMr Simeón García-NietoLeading Partner of the M&A practice in Barcelona
Ramón Palacín photoMr Ramón PalacínManaging Partner and Head of the International Tax and Transfer Pricing practice
Félix Plasencia photoMr Félix PlasenciaLegal Managing Director and Head of the Energy practice at EY Abogados.
Araceli Sáenz de Navarrete photoMrs Araceli Sáenz de NavarreteLeading Partner of the Tax & Law Financial Services practice
Partners : 71
Professionals : Over 900
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