Jones Day > Madrid, Spain > Firm Profile

Jones Day
PASEO DE RECOLETOS 37-41
PLANTA 5a
28004 MADRID
Spain

Spain > Banking and finance Tier 3

Leveraging its global presence, Jones Day‘s Madrid office frequently advises domestic and international financial institutions, funds, and corporate clients on complex cross-border financing transactions across sectors such as energy, telecoms, food and beverage, healthcare, and hospitality. The team is particularly distinguished for its expertise in energy transition and infrastructure deals and has seen notable activity in real estate finance. Co-head Javier López Antón specialises in leveraged, project, real estate, corporate, and asset-backed financings, acting for both lenders and borrowers. Complementing the team’s transactional capabilities, co-leader Iván Martín-Barbón offers further knowledge of financial services regulations, fintech, and ESG-related issues. Elvira Coloma is another key figure, recognised for her work in bilateral and syndicated lending. José Luis Pita da Veiga joined from RocaJunyent in April 2025.

Practice head(s):

Javier López Antón; Iván Martín-Barbón

Testimonials

‘Very much “on the ball”. Technically superb.’

‘Iván Martín-Barbón was lead counsel on the transaction and I was very impressed by his command of the matter and his keen sense of what the client needed and when.’

‘Great focus on achieving results.’

‘Direct involvement of partners.’

Key clients

Greystar Real Estate Partners

Orange, S.A.

Sacyr Group

CaixaBank, S.A.

Banco Santander, S.A.

Banco de Sabadell, S.A.

Bankinter, S.A.

Banco Bilbao Vizcaya Argentaria (BBVA)

Work highlights

  • Advised Greystar Real Estate Partners on Project El Dorado, a financing subject to Spanish law granted by Aareal Bank AG to refinance the acquisition debt of a residential portfolio in Madrid, which included 2,500 units in three buildings (at the time of the acquisition) under development, located in Madrid.
  • Advised Greystar Real Estate Partners on the financing for the development of a student residence located in Cantoblanco, Madrid.
  • Advised Orange, S.A. (Orange) on the financial regulatory issues arising from the creation of its joint venture with Lorca JVCo Limited for the combination of Orange and Masmovil’s telecoms businesses in Spain.

Spain > Dispute resolution Tier 3

Noted for its ‘extensive experience in highly complex legal matters,’ the dispute resolution practice at Jones Day is a good choice for clients seeking assistance with antitrust litigation, shareholder disputes, and disputes arising from the financial sector. The team is capable of litigating and arbitrating before the Supreme Court and various Courts of Arbitration in matters related to the construction, infrastructure, real estate, and energy sectors. Antonio Canales leads the practice following Mercedes Fernández ‘s retirement, and stands out for his aptitude across a range of disputes including commercial and investment arbitration and civil and commercial litigation proceedings. Civil and commercial litigator Pablo Doñate joined the firm in October 2024 from Andersen in Spain.

Practice head(s):

Antonio Canales

Other key lawyers:

Testimonials

‘They are conscientious in preparing matters and are available to meet the needs of clients.’

‘The Jones Day team has a high legal capacity to anticipate solutions to potential problems that arise in the company’s daily business practice. They promote the internal training of in-house lawyers in top-level matters in the company, especially litigation and arbitration in potential ESG conflicts.’

‘They have a high availability and the matters are dealt with first-hand by the partners who are best specialised in the problem in question. In particular, Antonio Canales Aracil has an excellent capacity for legal analysis and resolution of the issues that are raised.’

‘The involvement of partners is one of the strengths of the practice alongside the in-depth knowledge the team acquires of the matter at hand, and the knowledge they have of the energy market in Spain.’

‘Antonio Canales is a superb partner. He covers every single angle which removes some of the pressure and boosts the confidence of the team before going into a hearing.’

‘Antonio Canales inherits the leadership position from Mercedes Fernández with great commitment and dedication.’

‘A team with extensive experience in highly complex legal matters that are novel in the field in question. It requires being constantly up to date with new legal developments and having the ability to analyse them for their eventual application in the cases they handle.’

‘A very cohesive team, available to discuss any aspect of the process. Communication is easy and they know how to convey complex issues in language that is understandable to non-experts in certain legal matters.’

Spain > Projects and energy Tier 3

Jones Day’s energy team offers major multinational clients longstanding experience within Spain’s renewables sector, assisting across development, transactional, and regulatory mandates. With ‘great business acumen and an ability to anticipate next steps and client needs’, Fernando Lillo acts for sponsors and investors on the development and financing of renewable energy projects. Raimundo Ortega brings longstanding expertise across the energy and infrastructure sectors and regularly assists energy developers and investors in complex regulatory and antitrust matters.

Practice head(s):

Raimundo Ortega; Javier López Antón; Antonio Canales; Fernando Lillo

Testimonials

‘The Jones Day team is completely client-oriented and very fast and decisive, which is especially attractive in the market.’

‘The Jones Day team takes special care to get to know its customers so that work and performance are optimised, making it very easy and comfortable to work with them.’

‘Jones Day, in addition to having in-depth knowledge of the sector, is always concerned with providing agile responses to the business and commercial needs of our company. They are able to anticipate the needs of the business in order to offer precise and accurate advice.’

‘Creativity, efficiency and deep industry knowledge.’

‘Greatly experienced, honesty, strong communication skills.’

‘With quick and complete responses, absolute availability, and extensive knowledge of regulation and business, they give maximum experience.’

‘Fernando Lillo brings great business acumen and an ability to anticipate next steps and client needs.’

‘Javier Lopez Anton has always been efficient, commercial and very responsive.’

Key clients

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

CaixaBank, S.A.

Banco Santander, S.A.

Bankinter

OX2

Banco de Sabadell, S.A.

Aream GmbH

NetOn Power

Grupo Enhol

Work highlights

  • Advised Banco Santander on the restructuring of the project financing of the waste treatment plant located in the municipality of Quart de Poblet, Valencia.
  • Advising Grupo Enhol the €47m financing of a 105 MW portfolio of two photovoltaic plants in Navarra.

Spain > Real estate and construction Tier 3

Jones Day's real estate team has extensive experience in transactions involving all real estate asset classes - residential, offices, retail, logistics and flex-living, to name a few - and is also well placed to assist with development, planning, regulatory, construction and environmental matters. Co-leading the practice are planning and real estate project specialist Luis Jiménez-Díaz Egoscozábal and transactional expert Javier Muñoz Méndez; Egoscozábal concentrates on construction contracts, urban planning and administrative proceedings, while Méndez regularly advises on sale-leasebacks, M&A deals, and refinancings, with a particular focus on retail and industrial properties.

Practice head(s):

Luis Jiménez-Díaz Egoscozábal; Javier Muñoz Méndez

Other key lawyers:

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

Testimonials

‘The team stands out for the absolute detailed knowledge of the subjects, maximum excellence in service, and promptness.’

‘They are willing to answer calls at any time and exhibit kindness, closeness and, when we require it, care in explaining technical issues that are well known to them in accessible language.’

‘The firm has the ability to provide comprehensive and strategic legal advice.’

‘Their deep understanding of the industry and global network are invaluable in navigating complex legal challenges. I particularly appreciate their collaborative approach and their commitment to delivering results.’

‘Their focus on diversity and innovation sets them apart from other firms.’

‘Deep sense of responsibility and honesty, direct and concise way of dealing with problems, and provide thorough suggestions.’

Key clients

Greystar Real Estate Partners

CBRE Investment Management

Mark Capital

Crossbay

Montepino Logística

Merlin Properties

Hines Interests Limited Partnership

Acciona Inmobiliaria

Pictet

P3 Logistic Parks

Swiss Life

Trammell Crow Company

Atitlan

Blue Valley Limited

Fomento de Inversiones y Proyectos Residenciales

Work highlights

  • Advising Greystar Real Estate Partners, LLC on the acquisition of a plot of land in Madrid intended for the subsequent development of a flexible accommodation development integrated by serviced-apartments from BWRE .
  • Advising Merlin Properties on the refurbishment and modernisation project of the Plaza de los Cubos.
  • Advising Mark Capital on the construction and development-related matters arising from the sale of Crossbay to Prologis European Logistics Fund.

Spain > Commercial, corporate and M&A Tier 4

Noted for its ‘great ability to convince the counterparty and unblock complicated situations', Jones Day's corporate and M&A department in Spain is particularly active in the energy, real estate, infrastructure, financial services, industrial and telecoms sectors. The group is proficient in M&A deals, business restructurings and corporate governance matters. These are all key areas of expertise for Miguel Bermúdez de Castro, while Blanca Puyol is noted for her expertise in advising domestic and multinational companies, financial investors, and private equity funds on cross-border transactions.

Practice head(s):

Miguel Bermudez de Castro

Other key lawyers:

Blanca Puyol Martínez-Ferrando; Priscilla Rojas; Carolina Naranjo

Testimonials

‘The team stands out for its social skills and empathy with both sides of the table, which greatly facilitates any type of negotiation. In addition, its accessibility, flexibility and easy-going manner make everything seem easier for all parties involved. All of this, obviously, as additional factors to its deep technical knowledge and extensive experience. It certainly compares favourably with teams from other firms.’

‘High degree of pragmatism when solving problems and great ability to convince the counterparty and unblock complicated situations. Miguel Bermúdez de Castro stands out.’

‘I have had excellent experience with the Jones Day corporate and M&A practice. Attorneys are extremely skilled at providing strategic advice that is based on substantive knowledge that is both deep and broad, listening to and hearing the particular needs and goals of the business and strategic considerations in a transaction or negotiation. Most importantly to me (as an in-house attorney running a business), Jones Day attorneys have an excellent practical business sense.’

‘Blanca Puyol (Partner, Madrid) – expertise in M&A, provides concise and understandable advice on Spain-specific legal considerations as well as practical business considerations and specific business goals. ‘

Key clients

Orange

Greystar Real Estate Partners

Euroclear

Societe Generale

OX2 AB

Entravision Communications Corporation

Iberdrola

EagleTree Capital

Athos Solar

Dunas Capital

Vibrantz Corporation

Aberdeen Infrastructure

Work highlights

  • Advised Orange on the combination of its telecoms business in Spain with Masmovil, which is owned by buyout funds KKR, Providence and Cinven, for an enterprise value of €18.6bn.
  • Advising Euroclear in connection with its acquisition of Banco Inversis, a credit institution 100% held by Banca March.
  • Advised OX2 AB on the sale of Modus Solar Andalusia, S.L., a photovoltaic project in Spain, to Green Genius.

Spain > EU and competition Tier 4

Jones Day, led by seasoned partners Marta Delgado Echevarría and Raimundo Ortega, offers extensive expertise in EU and competition law. Ortega is particularly skilled in applying antitrust principles within highly regulated industries, while Delgado brings over 25 years of experience representing clients in complex competition disputes before national and EU courts and authorities. Iratxe Rueda is a key name for merger control, cartel behaviour, and abuse of dominance matters.

Practice head(s):

Raimundo Ortega; Marta Delgado Echevarria

Other key lawyers:

Iratxe Rueda

Testimonials

‘Raimundo Ortega can lead on competition issues and other related lawsuits. He has a 360-degree view of the matters and can lead procedures at all times and design strategies as required.’

 

 

Key clients

Orange

Geely

Work highlights

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