Firm Profile > EY Abogados > Madrid, Spain

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

Tax: The Big Four Tier 1

EY Abogados combines local technical knowledge with a global capacity in tax, legislative and administrative matters. The multi-disciplinary practice has expertise in the energy, real estate and TMT sectors, in addition to its ‘strong specialisation in the financial sector’. The firm’s broad experience covers transfer pricing, blockchain, business tax, indirect tax, global compliance, reporting and private client matters. International tax specialist Ramón Palacín has experience in assisting multinationals in international tax and transfer pricing matters, supply chain solutions and controversy procedures. He co-leads the team with Rocío Reyero, who is head of the firm’s international and transactional tax services for Europe, Middle East, India and Africa. Other key names in the area include Araceli Sáenz de Navarrete, who handles corporate income tax advice, tax due diligence and structuring advisory services, and indirect taxation expert Eduardo Verdún.

Practice head(s):

Ramon Palacin; Rocío Reyero

Other key lawyers:

Eduardo Verdún; Araceli Saenz de Navarrete; Sonia Díaz; Javier Seijo Pérez

Testimonials

They have a strong specialisation in the financial sector, always attentive to news and relevant circumstances in the sector.’

‘They are active and close in dealing with the client.’

The team is integrated into the inhouse team and strives to understand the reality of the client’s business and seeks the best way to create value in the projects in which we have collaborated.’

‘They contribute competitive ideas and create value in the projects in which they collaborate.’

Very large team, with a vast international network and almost immediate response capacity. Very committed, very proactive, with a very balanced team in knowledge and skills.’

‘Regarding VAT, Eduardo Verdún stands out. As a former Treasury Inspector, he held the position of Deputy Director responsible for VAT in the General Directorate of Taxes and his experience and his vast knowledge, his ability to anticipate the tax administration and his versatility when facing problems are noted. Solid, reliable and very safe, he is a reference in the sector.’

‘In terms of corporate taxation (Corporation Tax) Araceli Saenz de Navarrete Crespo stands out without a doubt. She is a deep expert in the financial sector, with an encyclopedic knowledge of national and international taxation. To this must be added a special sensitivity to deal with delicate matters and a simply extraordinary capacity for work. She is an excellent and highly efficient team leader.’

Key clients

Iberdrola

Telefónica

Másmovil

Patrizia

Air Europa

Puig

Mubadala

Helia Renovables

Amundi

Cubico

TPG

Allfunds Bank

Hines

Brookfield

Cain International

Starwood

Commercial, corporate and M&A Tier 3

The active and sizeable corporate team at EY Abogados has been particularly active in deals in the technology, healthcare, consumer and agribusiness sectors recently; it is particularly focused on M&A, though it also advises on restructuring and corporate governance. José Carnerero Álvaro was promoted to partner; the department also grew with the arrival of Francisco Silván from another law firm in 2020. Simeón García-Nieto and Francisco Aldavero are also highly regarded.

Practice head(s):

Francisco Aldavero

Other key lawyers:

José Carnerero Álvaro; Susana Gomez Badiola; Francisco Silván; Simeón García-Nieto; Pablo Tramoyeres

Testimonials

‘They do not have a very marked hierarchy with which the entire team participates and is knowledgeable about the things that happen in the transaction, which makes it easier to be able to advance or discuss issues with one or another person on the team without having to wait for the partner to be available. This allows agility in buyers who close several acquisitions a year.’

Close, pragmatic treatment, without egos, looking for the best for the client and not only showing superiority over other lawyers.’

José Carnerero is recommended.’

Simeón Garcia-Nieto, a very complete lawyer with great negotiation skills and who understands the whole of the transaction well. He makes it easier for principals to focus on relevant topics and separate them from the more formal ones.

Very good professionals, close and very decisive.’

I think Francisco Aldavero is one of the best commercial / M & A lawyers in Spain. That is the strength of EY. ‘

Francisco Aldavero has a long professional career in transactions with private equity funds, families and corporates. He has enough experience to know how to differentiate the critical legal points and fight for them. It gives a lot of security to the client. And that’s why those who work with him repeat.

Key clients

Repsol, S.A.

Sabadell

Caixabank

Illinois Tool Works Inc

Comsa Emte

Desigual

Asturiana de Aleaciones

Abantia

Caser Seguros

Synlab

Hijos de Rivera

Camper – Renovis

Conservas Garavilla

Goldcar

TomTom

Indra Sistemas, S.A.

Shanghai Kaichuang Deep Sea Fisheries co. Ltd

Grupo Hospitalario Europeo

Río Tinto Fruits

Corporación Hijos de Rivera

Loomis

Parcesa

Travelgenio

Pesquera Santa Cruz

Premo, S.A.

Roselata Servicios y Gestiones, S.L.U.

Sistemas Informáticos Abiertos, S.A.

ABAC CAPITAL

NORINVEST CONSUMO, S.L. (GRUPO COBEGA)

ENREACH HOLDING, B.V. (a portfolio company of Waterland Private Equity Investments)

GRUPO URIACH

MINERVA STUDENT HOUSING, S.L.

COLLBLANC STUDENT HOUSING, S.L.

ALTA LIFE SCIENCES SPAIN I, F.C.R.

HOLALUZ-CLIDOM, S.A.

AURICA CAPITAL DESARROLLO, S.G.E.I.C., S.A.U. (Banco Sabadell)

UNICO HOTELS

Environment Tier 3

Waste management and the environmental elements of urban planning projects are the standout strengths of EY Abogados' environment team, which sits within the firm's wider public law department. The expansion plans of a theme park in Madrid and the implementation of a waste treatment plant in A Coruña were two standout matters advised on by the firm in 2020, led by department head Ana López Muiña.

Practice head(s):

Ana López Muiña

Other key lawyers:

Susana Orgillés Mañas

Testimonials

‘The differential factor for us is knowledge of the environment and coordination in the office of the assigned partner with other areas that can fundamentally affect our commercial and labor activity.’

‘Our relationship is fundamentally with Ana López Muiña, due to her knowledge of the legislation on waste management and especially of the operational processes of recycling, transportation and storage of waste. Understanding of our activity, predisposition and participation in the face of challenges.’

‘In the past, we have worked with the professional who leads the practice, demonstrating a solid knowledge of our operations as well as those issues that concern us most. We are dealing with a team that studies the client’s business in depth, which allows a better analysis of legal risks and more efficient advice.’

‘We are before a team with an exquisite treatment and absolute availability to comment on the development of the work and review the final result.’

Key clients

PARQUES REUNIDOS

GESTAN MEDIOAMBIENTAL

ECOVIDRIO

COEXPAN

CONTENUR

INTACTA GESTIÓN AMBIENTAL

COMISIÓN GESTORA NUEVO APD8 LAS MARÍAS

CLH GROUP

ARIMA REAL ESTATE SOCIMI

ENGEL & VÖLKERS

GROSVENOR GROUP

GI INVESTMENTS

COPASA

KNOWMAD REAL ESTATE

Industry focus: TMT Tier 3

EY Abogados covers the full range of TMT and has a particular focus on digital transformations and the implementation of new technologies, with recent examples being AI and blockchain. Blanca Escribano heads the practice and has over 20 years' experience advising clients in the three TMT sectors on commercial, regulatory and litigation mandates. Counsel Sofía Fontanals is also a key contact, with experience drafting and negotiating commercial agreements, and advising on regulatory and compliance issues.

Practice head(s):

Blanca Escribano

Other key lawyers:

Sofía Fontanals

Testimonials

‘Good team. Good knowledge. Quick in execution.’

‘Blanca Escribano, very good, available, with criteria, close, person who always tries to find solutions.’

Key clients

Grupo MÁSMÓVIL

Evolutio Cloud Enabler (formerly BT España)

Liga Española de Fútbol Profesional (LaLiga)

Association of Publishers (AMI)

Decathlon

Axpo Iberia

Ingeniería y Técnica del Transporte, TRIA

Illy Caffè

Wakopa Eagle

Grupo Prensa Ibérica Media

Public law Tier 3

The multi-disciplinary team at EY Abogadosstands out for the quality, both human and professional, of its members’. As well as handling disputes over administrative concessions and construction contracts, the firm has broad knowledge of regulatory matters, in day-to-day advice and representation before the courts or regulatory authorities. The ‘very competent, serious, accessible and hardworking’ team is co-led by Barcelona-based Pilar Fernández Bozal, whose broad experience includes public contracts, zoning, sanctioning procedures, licenses, environmental issues and accounting liability, and Félix Plasencia Sanchez, whose ‘dedication to work is comparable only to his high level of knowledge’.

Practice head(s):

Félix Plasencia Sanchez; Pilar Fernández Bozal

Other key lawyers:

Raul Luis Garcia Gonzalez; Ana García-Ferrer; Lucía Freire Fernández; Nicolas Chacon Gonzalez; Francisco Javier Perez De Sevilla Cantos; Luis Ques

Testimonials

‘One of the strengths of the team is the ability to collaborate with in-house attorneys, improving work synergies and the result thereof.’

‘The technical qualification and work capacity, as well as his ability to integrate into the structure of the entity, highlighting the work of Felix Plasencia as partner and director of the team.’

‘As a strong point, it is worth noting that we have a good relationship and with a lot of trust, which means that they can understand us better and the advice is more real and sincere.’

‘Very professional team with remarkable flexibility and adaptation to the needs of its clients.’

‘Effort and dedication in each contracted service and enthusiasm for achieving joint successes thanks to their advisory work.’

‘EY has a highly qualified multidisciplinary team that allows us to address any matter that is presented to the company.’

‘A plus that differentiates them from other lawyers would be defined in their qualification, permanent availability and knowledge of the immediate needs of the client.’

‘The EY ABOGADOS Public Law area stands out especially for the quality, both human and professional, of its members. Headed by Partner Félix Plasencia, whose dedication to work is only comparable to his very high level of knowledge, the Department is made up of a group of highly competent, serious, accessible and hard-working lawyers.’

Key clients

COMPASS GROUP

ACCIONA

JEALSA RIANXEIRA

UNILABS

FUNDACIÓN BANCARIA UNICAJA

AUTONOMOUS GOVERNMENT OF CASTILLA-LA MANCHA

AGENCIA DEL AGUA

RÚSTICAS

EXCAVACIONES VIUDA DE SÁINZ

EXES

Employment Tier 4

The growing employment group at EY Abogados hired Isabel Merenciano in December 2019 to further strengthen its 'very professional' offering. The team's client base covers the healthcare, transport, retail and finance industries, among others. Its recent work in this diverse range of industries has been dominated by instructions stemming from the Covid-19 lockdown, with a number of ERTEs and restructurings led by practice head Raúl García. Director of the firm's labour department in Barcelona, Ana Riera is also a key contact.

Practice head(s):

Raúl Garcia

Other key lawyers:

Isabel Merenciano; Ana Riera; Miguel Prado

Testimonials

‘They are very professional in the preparation of judicial matters and in court later. Very open to understanding how the company works, despite its complexity.’

‘They are very good at technical knowledge, very approachable, and can handle issues that affect multiple fields of law at the same time.’

Key clients

ROYAL CARIBBEAN

HENRY SCHEIN

CAIXABANK

FORD ESPAÑA

GENESIS CARE

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 Ceramic Industry

Loxin

Private equity Tier 4

EY Abogados advises its private equity clients on a range of matters, including growth capital transactions, LBOs, restructurings, exit strategies and portfolio sales. The firm has adopted digital tools to improve efficiency and fields a team of engineers in its Center of Excellence in Artificial Intelligence and Data Analytics in Madrid; the Spanish team also benefits from support from engineers based in the firm's Global Delivery Center in India. Francisco Aldavero is the practice head.

Practice head(s):

Francisco Aldavero

Other key lawyers:

Simeón García-Nieto; Pablo Tramoyeres; Susana Gomez Badiola

Key clients

PORTOBELLO CAPITAL

QUAERO CAPITAL

MINERVA CAPITAL

NEXXUS IBERIA

ARDIAN GROWTH

MIURA PRIVATE EQUITY

BRIDGES FUND MGMT

FORMENTOR CAPITAL

CORPFIN CAPITAL

PROA CAPITAL

NAZCA CAPITAL

ABAC CAPITAL

SPRINGWATER CAPITAL

INCUS CAPITAL

Projects and energy Tier 4

With 'encyclopaedic knowledge of the regulation of the sector', EY Abogados is often instructed by clients on regulatory matters, and also collaborates with the firm's M&A team in acquisitions of energy projects and assets. Firm-wide, the acquisition of legal managed services (LMS) provider Pangea3 further enhanced its tech-enabled LMS in contract life cycle management, regulatory risk and compliance and investigations. The highly regarded Félix Plasencia heads the energy department from Madrid; Pablo Tramoyeres is a key contact in the Valencia office.

Practice head(s):

Félix Plasencia; Pablo Tramoyeres

Other key lawyers:

Luis Ques; Laura de Pedro; Beatriz Ruiz

Testimonials

‘Encyclopaedic knowledge of the regulation of the sector, very good knowledge of the business and the client, strong commercial vision and oriented to the needs of the client, creativity when seeking solutions to new problems. Excellent availability.’

In a sector so regulated and subject to so many legislative changes in recent years, having such in-depth knowledge plus business acumen is an extremely useful combination to support in-house attorneys.’

‘Felix Plasencia and Laura de Pedro are recommended.’

‘Highly professional team.’

‘Félix Plasencia is a magnificent highly qualified professional.’

Key clients

ACCIONA ENERGÍA

EOLIA RENOVABLES DE INVERSIONES, S.R.C.

ENGASA EÓLICA, S.A.

REDEN SOLAR SAS

JEALSA ENERGÍA, S.A.

KIRA RENOVABLES, S.A.

SAMPOL ENERGÍA

SAMPOL INGENIERIA Y OBRAS S.A.

ENERGÍA DE GALICIA, ENGASA EÓLICA, GRUPO SESTELO

ENERGÍA DE GALICIA, S.A

CAPITAL ENERGY

NOVENERGÍA HOLDING COMPANY S.A.

VIESGO PRODUCCIÓN, S.L.U

AXPO IBERIA S.L.

ENERGÍA DE GALICIA

Real estate and construction Tier 4

Well regarded for its cross-border capabilities and knowledge of real estate transactions and SOCIMIs, EY Abogados handles a range of advice related to real estate assets and construction processes. The firm’s experience includes real estate finance, technical and financial due diligence, urban planning and the hotel and leisure sector, in which it is increasingly active. Iván Azinovic Gamo leads the team and provides expertise in portfolio and single-asset transactions, financing, sale and leaseback and corporate real estate matters.

Practice head(s):

Iván Azinovic Gamo

Other key lawyers:

Ignacio Sáenz de Santa María; Ana López Muiña

Key clients

Árima Real Estate SOCIMI

IBA Capital Partners

Zambal Spain SOCIMI

Drago Capital

Silvercode Investments SOCIMI

Atom Hoteles SOCIMI

Global Switch

Immobel

Global Myner Advisors

Único Hotels & Real Estate

Banking and finance Tier 7

EY Abogados is noted for its ‘100% commitment to providing optimal service’ and its ‘great flexibility and agility'. The firm represents lenders and borrowers in a range of domestic and cross-border acquisition finance, refinancing and receivables finance matters. Other areas of expertise include real estate, travel and leisure, as well as financial regulatory and compliance issues. Practice head Gonzalo Martín de Nicolás advises banks, alternative lenders, borrowers and sponsors on the structure and implementation of finance transactions.

Practice head(s):

Gonzalo Martín de Nicolás

Testimonials

‘They are very practical in negotiations and very efficient in managing documentation.’

‘A lot of experience and a lot of knowledge, flexibility and quick responses.’

‘There is a mutual trust based on the impeccable advice they provide.’

‘The dedication of the team is unbeatable.’

‘They are great experts in their respective matters and the name of the firm and teams confer great legal security both internally and externally.’

‘The size of the office allows us to respond to different areas in the different countries with which my entity works.’

‘100% commitment to providing optimal service.’

Great flexibility and agility.’

Key clients

Azaria Rental SOCIMI

Banco Santander

IBA Capital Partners

Incus Capital

Reden Solar

Abac Capital

Abanca Corporación Bancaria

Miura Private Equity

Nexxus Iberia

Resilience Partners

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 & 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 team in the market, with a deep knowledge of the general aspects of tax litigation as well as in specialized sectors as 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 & Asset Management business.

Global Compliance & 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

Department Name Email Telephone
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
Photo Name Position Profile
Mr Francisco Aldavero photo Mr Francisco Aldavero Head of Corporate M&A and Private Equity
Mr Iván Azinovic photo Mr Iván Azinovic Head of the Real Estate practice
Mrs Blanca Escribano photo Mrs Blanca Escribano Head of Digital Law
Mr Raúl García  photo Mr Raúl García Head of Labour and Employment
Mr Simeón García-Nieto  photo Mr Simeón García-Nieto Leading Partner of the M&A practice in Barcelona
Mr Ramón Palacín photo Mr Ramón Palacín Managing Partner and Head of the International Tax and Transfer Pricing practice
Mr Félix Plasencia photo Mr Félix Plasencia Legal Managing Director and Head of the Energy practice at EY Abogados.
Mrs Araceli Sáenz de Navarrete photo Mrs Araceli Sáenz de Navarrete Leading Partner of the Tax & Law Financial Services practice
Partners : 71
Professionals : Over 900
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