Jones Day > Madrid, Spain > Firm Profile

Jones Day
28004 MADRID

Spain > Projects and energy Tier 2

Drawing on its strong network of offices across Europe, America, Asia Pacific and the Middle East, Jones Day offers clients a ‘global presence’ while ‘maintaining management and coordination from Madrid’. Particularly well placed to handle cross-border work, the group fields strong capabilities in financing, regulatory and contentious matters involving the infrastructure and energy (most notably renewables) sectors. Raimundo Ortega is a first point of contact for regulatory and antitrust matters in the infrastructure and energy spaces. Javier López Antón and Fernando Lillo are well versed in project finance, while Mercedes Fernández’s focus lies on disputes involving construction contracts and large projects. Sergio Cires is no longer at the firm.

Practice head(s):

Raimundo Ortega; Javier López Antón; Mercedes Fernández; Fernando Lillo

Other key lawyers:

Antonio Canales


‘The energy practice is very complete and has a lot of experience. They are always updated and provide great support for national and international investments. Their advice is always complete, up-to-date and always has a very commercial approach which is very useful. They stand out both in advising national and international clients.’

‘Deep knowledge of the subject.’

‘Jones Day’s reasonable and fair judgment can be relied upon when negotiations get complicated.’

‘The firm’s global presence, with different offices in regions across Europe, the USA, the Middle East and Australia, makes it a reference point to go to in those locations while maintaining management and coordination from Madrid. ’

‘Fernando Lillo – a lawyer who can be trusted to advise on a deal, providing knowledge of the market, problem-solving and skills in resolving disputes.’

Key clients

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA)

CaixaBank, S.A.

Banco Santander, S.A.

Aer Soleir LLC


Athos Solar GmbH

Coöperatieve Rabobank U.A

Work highlights

  • Advised Aer Soléir on one of the first hybrid (PV and wind) projects in Spain and its first investment in the Spanish Market.
  • Advised Banco Santander, S.A. as leader of a lenders’ syndicate on the restructuring of the Villanueva wind farms’ financing for the hybridisation of the projects.
  • Advised OX2 Holding New Markets AB as purchaser of a 151,54 MWp photovoltaic portfolio from Modus Energy International BV., a Lithuanian developer.

Spain > Banking and finance Tier 3

Noted for its ‘professionalism‘ and ‘great knowledge of the financial market‘, Jones Day is singled out for its strong credentials in the financing of large-scale renewable energy and infrastructure projects. In addition to project finance, the team has remained busy advising domestic and international financial institutions on refinancings, debt restructuring, acquisition and real estate finance. Practice head Javier López Antón often acts for lenders, underwriters and borrowers on an array of financing matters, including leveraged, project and asset-backed finance. Iván Martín-Barbón marries extensive experience in cross-border financing deals with in-depth knowledge of financial regulatory matters. Project finance is a key specialism for Fernando Lillo, who excels in transactions involving the energy and infrastructure sectors in Spain and Latin America. Sergio Cires is no longer at the firm.

Practice head(s):

Javier López Antón

Other key lawyers:

Iván Martín-Barbón; Fernando Lillo; Elvira Coloma; Patricia Vela


‘Full availability, without skimping on resources and empathy with client and counterparty that facilitates negotiations.’

‘The partners are very involved in the day-to-day operations and are always available. ’

‘The closeness and professionalism of its lawyers, and their great knowledge of the financial market set the firm apart.’

‘Proximity and total availability.’

‘Experience, technique and knowledge of the sector and our company.’

‘Javier López Antón is recommended.’

Key clients

Banco Santander

Banco Bilbao Vizcaya Argentaria (BBVA)

Portobello Capital

CaixaBank, S.A.

Autopista del Guadalmedina, Concesionaria Española, S.A.

Banco de Sabadell, S.A.

GED Iberian Private Equity, S.A., SGEIC.


Coöperatieve Rabobank U.A.


Sacyr Group

Spain > Dispute resolution Tier 3

With demonstrable experience in the construction, energy, and infrastructure sectors, Jones Day‘s dispute resolution practice is well equipped to represent clients in proceedings at all levels of the Spanish court system, as well as in international arbitration cases before major tribunals, including ICSID and ICC. The team operates on a global scale, regularly liaising with the firm’s offices across Europe, Asia, Latin America, and the US. Mercedes Fernández , lauded as ‘an authority in construction arbitration' spearheads the group, and her litigation experience includes disputes involving construction contracts, civil engineering projects, and energy projects. Also of note is Antonio Canales, an ESG expert who assists clients with a range of judicial and arbitration proceedings.

Practice head(s):

Mercedes Fernández

Other key lawyers:

Antonio Canales; Carlota Domínguez; Gonzalo Hierro


‘They truly pay attention to detail and show great availability and mastery of the facts of the case.’

‘Jones Day dispute resolution attorneys are in charge of developing an effective strategy. This is an exceptional team at managing the client’s expectations and establishing the type of evidence that is necessary to provide in each case. Virtual project management is exceptional, providing the tools for meetings to flow even though attendees are not in the same room.’

‘The personal treatment is simultaneously very professional and close. From my last collaboration with Mercedes Fernández, Antonio Canales and Gonzalo Hierro, I would highlight their understanding and dedication to the methodologies used in expert reports. Always with time to clarify doubts and align the strategy. ’

‘An excellent team, very outstanding at the level of the partners that make it up.’

‘Mercedes Fernández is an authority in construction arbitration and also brings extensive experience in managing conflicts in their pre-arbitral stage. Antonio Canales is a great expert in the subject of infrastructure in its contentious side.’

‘Mercedes Fernández and Antonio Canales are excellent people, with great finesse and legal solidity and great work capacity.’

‘Jones Day has a great dispute resolution team in Madrid. The strategic vision of the team and the involvement of the partners in the issue is especially interesting. From the point of view of diversity, technology and collaboration, it is at the highest standard of international arbitration with which we have been able to work. ’

‘Mercedes Fernández is surely one of the most brilliant and dedicated lawyers we have been able to work with in international arbitration. She is firm, clear, writes very well and her performance in court is forceful. Senior Associate Carlota Domínguez is impeccable.

Spain > Real estate and construction Tier 3

Jones Day fields a ‘specialist’ team equipped to advise on a breadth of real estate assets, including offices, senior living and infrastructure projects. Practice head Luis Jiménez-Diaz manages a busy workload where planning and construction matters feature alongside administrative proceedings. Luis Pérez Casas, a trusted adviser to domestic and international companies, is called upon to advise on multijurisdictional real estate portfolio deals, while Cristina de Andrés Blanco is best known for her knowledge of urban planning developments as well as renewable energy projects.

Practice head(s):

Luis Jiménez-Díaz

Other key lawyers:

Luis Pérez Casas; Cristina de Andrés Blanco; Ángel Magdaleno Vázquez


‘Professionalism, knowledge and risk detection.’

‘Extraordinary ability to work and proactively find solutions to any obstacle.’

‘There is exhaustive monitoring of the status of the projects. The team’s availability is constant. Different points of view are shared and different proposals are put forward to resolve complex points, highlighting the strengths and weaknesses of each alternative.’

‘Extraordinary knowledge of real estate matters from a practical and business point of view.’

‘Very good availability. High quality of work. Quick execution.’

Key clients

Mark Capital

Greystar Real Estate Partners LLC

Montepino Logística

Merlin Properties

Hines Interests Limited Partnership


Work highlights

  • Advised Greystar Equity Partners Europe Fund I on its joint venture with Via Célere and the related forward-purchase of a 22 rental housing units portfolio in Madrid, Malaga, Valencia, Sevilla and Bilbao from Via Célere.
  • Advised MARK Capital on its € 1.585bn sale of Crossbay, its specialised pan-European last-mile logistics platform, to Prologis European Logistics Fund.

Spain > Commercial, corporate and M&A Tier 4

‘Always focused on finding practical solutions’, Jones Day oversees a diversity of M&A – including mid-cap and large-scale deals – for sellers, buyers, investors and financial advisors. The department, which showcases particular strength in the real estate, infrastructure, energy, industrial and technology sectors, is also well versed in corporate governance issues, distressed deals and business restructurings. Miguel Bermúdez de Castro ‘is singled out for his great technical skills‘ in the context of M&A, PE deals and corporate restructurings. Blanca Puyol is a reference for cross-border transactions.

Practice head(s):

Miguel Bermudez de Castro

Other key lawyers:

Blanca Puyol; Priscilla Rojas; Carolina Naranjo


‘Miguel Bermudez de Castro and Blanca Puyol stand out.’

‘They are always willing to help with any obstacle encountered along the way with proactivity and without the need to push them.’

‘Great ability to relate in a cordial and constructive way with any profile of the counterpart. Miguel Bermúdez De Castro stands out.’

‘Always focused on finding practical solutions.’

‘Miguel Bermúdez de Castro is singled out for his great technical skills and availability. ’

‘Jones Day always stands out for its quality of lawyers, speed and quality in service that is difficult to beat.’

Key clients


Web Financial Group

EagleTree Capital

The Timken Company

Ahlstrom Capital B.V.


FleetCor Technologies, Inc.

Alantra Capital

Renewable Energy Holdings

J.M. Huber Corporation

Geely Holding Group

Work highlights

  • Advised Orange on the combination of its telecom business in Spain with Masmovil.
  • Advising Geely Holding Group (Geely Holding) and Geely Automobile Holdings Limited (Geely Auto HK.0175) on the creation of a 50/50 joint venture with Renault Group.

Spain > EU and competition Tier 4

Leveraging the international strength of the firm’s M&A and global disputes teams, the Madrid-based competition group at Jones Day boasts domestic and cross-border capabilities which make it particularly well positioned to advise on merger control proceedings and follow-on damages claims. Raimundo Ortega, a key name for antitrust and regulatory matters in the energy, infrastructure and telecoms sectors, jointly oversees the team with Marta Delgado Echevarría, who is regularly called upon by multinationals to act before the national and EU courts.

Practice head(s):

Raimundo Ortega; Marta Delgado Echevarria


‘Raimundo Ortega has extensive experience and excellent knowledge of our industry as well as the legal aspects of his jurisdiction.’

‘Rigorous handling of the issues that the project in question requires. Working with Raimundo is highly efficient and a guarantee of success.’

‘Knowledge of the industry and the complex regulatory framework.’

‘The field of competition law is very broad and constantly evolving, which makes it essential to be up to date with new developments and possible practices. Jones Day brings us continuous updates.’

‘Closeness, knowledge, availability, responsibility and reliability.’

‘Jones Day is a firm that can be trusted and always offers cutting-edge solutions.’

‘The Jones Day competition and EU law team brings together two characteristics that make it stand out from the rest: excellent and up-to-date knowledge of the subject and an approach that is always appropriate for business interests. Added to this is a constant dedication that translates into always agile responses. Raimundo Ortega and Marta Delgado Echevarria stand out.’

‘Very good understanding of the energy business and constant search for legal solutions to business challenges.’

Key clients



Spain > Restructuring and insolvency Tier 4

The team at Jones Day takes an interdisciplinary approach to provide insight and advice on both consensual and litigious restructuring and insolvency matters, collaborating closely with the firm’s banking, corporate, litigation, and real estate teams. It excels in cross-border proceedings and counts major investment banks, credit funds, and private equity firms among its clients. Juan Ferré leads the practice and is a restructuring and insolvency expert; he represents clients from a range of sectors, including aviation, automotive, real estate, and construction.

Practice head(s):

Juan Ferré

Other key lawyers:

Nora de Miguel

The firm: Jones Day is a global law firm with more than 2,400 lawyers in 40 offices across five continents. The firm is distinguished by: a singular tradition of client service; the mutual commitment to, and the seamless collaboration of, a true partnership; formidable legal talent across multiple disciplines and jurisdictions; and shared professional values that focus on client needs.

Jones Day is an institutional partner for clients who seek counsel that seeks to understand them and their needs; that communicates with clients about their needs and the different tactics available for addressing those needs; that works seamlessly and impressively across offices and practices and with the client; that provides talent and expertise across subject areas and geographies; and that brings commitment and courage to the relationship and its engagements. We are formidable because every partner and every client has the entire global institution at their command and is a high priority of the Firm as a whole. We are true partners, with each other and, even more importantly, with our clients.

Regions of practice
Europe and Middle East:
Jones Day provides a significant presence in Europe that offers clients more than 575 lawyers from its European offices in Amsterdam, Brussels, Düsseldorf, Frankfurt, London, Madrid, Milan, Munich, and Paris. The firm’s lawyers counsel clients in administrative and public law, banking and finance, capital markets, competition law and regulatory, derivatives, market infrastructures, dispute resolution, and investigations.

In the Middle East, the Firm’s Dubai-based lawyers have accumulated significant experience in most of the region’s key industries and jurisdictions, advising on mergers and acquisitions and corporate transactions, projects and infrastructure, commercial transactions, real estate and construction matters, regulatory compliance, and dispute resolution.

United States: Surveys repeatedly list Jones Day as one of the most frequently engaged law firms by U.S. corporations for both transactional and disputes matters, and among the leaders in client service. Jones Day’s more than 1,500 lawyers across its 18 U.S. offices collaborate to serve clients across practices and geographies on all major matters that span time-honored practices (antitrust, mergers and acquisitions, litigation, and government regulation) to more recently established and expanded areas (cybersecurity, life sciences, energy, and technology) that specifically address the contemporary challenges of an increasingly complex global business and legal environment.

Asia-Pacific: Jones Day has committed substantial resources and capacity to serve each of Asia’s distinct markets, including China, Japan, Singapore and Southeast Asia, as well as Australia. Spread throughout ten offices in the region, the Firm’s more than 180 lawyers represent clients in practice areas including antitrust, banking and finance, capital markets, corporate and commercial, energy, global disputes, intellectual property, labor and employment, mergers and acquisitions, private equity, real estate, and several others.

The majority of Jones Day’s Asia-based lawyers are admitted to practice local law in their home jurisdictions. Most have practiced in more than one country, enabling Jones Day’s Asia team to render multijurisdictional legal services. Jones Day has been granted a Qualifying Foreign Law Practice license (QFLP) in Singapore.

Latin America: Jones Day is one of the leading global law firms serving the Latin American region through its offices in Mexico City and São Paulo, along with attorneys based in key business and legal centers such as New York, Houston, Dallas, Miami, and Madrid. Jones Day’s Latin American experience extends to mergers and acquisitions, investigations and anti-corruption, projects and infrastructure, banking and finance, energy, dispute resolution, business restructuring, private equity and capital markets.

Managing partner: Gregory M. Shumaker
Europe and Middle East offices: Amsterdam, Brussels, Dubai, Düsseldorf, Frankfurt, London, Madrid, Milan, Munich, Paris
US offices: Atlanta, Boston, Chicago, Cleveland, Columbus, Dallas, Detroit, Houston, Irvine, Los Angeles, Miami, Minneapolis, New York, Pittsburgh,
San Diego, San Francisco, Silicon Valley, Washington, D.C.
Asia-Pacific offices: Beijing, Brisbane, Hong Kong, Melbourne, Perth, Shanghai, Singapore, Sydney, Taipei, Tokyo
Latin America offices: Mexico City, São Paulo

Main areas of practice:

  • Antitrust and competition law
  • Business and tort litigation
  • Business restructuring and reorganization
  • Cybersecurity, privacy and data protection
  • Employee benefits and executive compensation
  • Energy
  • Financial markets
  • Global disputes
  • Government regulation
  • Health care and life sciences
  • Insurance recovery
  • Intellectual property
  • Investigations and white-collar defense
  • Issues and appeals
  • Labor and employment
  • M&A
  • Private equity
  • Real estate
  • Securities litigation and SEC enforcement
  • State Attorney General enforcement, investigations and litigation
  • Tax
  • Technology
Department Name Email Telephone
Managing Partner Gregory M. Shumaker