Firm Profile > Latham & Watkins LLP > Madrid, Spain

Latham & Watkins LLP
Plaza de la Independencia, 6
Madrid 28001

Capital markets: Debt Tier 2

Acting for multinationals, global venture capital companies and large financial institutions, Latham & Watkins LLP is experienced in a range of transactions, including IPOs, bond issuances and tender offers. The firm also has expertise in special situations and distressed investments transactions. Ignacio Gómez-Sancha leads the practice and advised Hyatt Hotels Corporation on the potential acquisition of all the shares of Spain-based hotel company NH Hotel Group, listed in the Madrid Stock Exchange.

Capital markets: Equity Tier 2

The ‘competent and experiencedLatham & Watkins LLP provides ‘knowledge of the subject and flexibility’ in the equity capital markets field. Experienced in acting for corporates and financial institutions, Ignacio Gómez-Sancha leads the team and advised photovoltaic systems company Solarpack on the listing of its ordinary shares on the Bilbao, Madrid, Barcelona and Valencia stock exchanges; the initial offering represents 38.5% of the company’s capital and gives Solarpack €100m in proceeds.

Practice head(s):


‘Good professionals, with experience and good disposition’

Commercial, corporate and M&A Tier 2

The ‘diligent, committed and resilientLatham & Watkins LLP specialises in cross-border work for multinational corporations, global private equity houses and large financial institutions. Manuel Deó leads the practice and is proficient in large M&A buyouts, as well as increasingly experienced in the Latam region. Notable in the team is Ignacio Pallarés, who excels in commercial operations, from M&A to restructurings and capital markets. In a recent highlight, the department advised Telefónica in the sale of its subsidiary in El Salvador to América Móvil, a Latam telecoms operator based in Mexico.

Practice head(s):


‘They are very knowledgable and provide quick, accurate and dynamic advice’

Private equity Tier 2

Cross-border specialist Latham & Watkins LLP brings to its private equity practice expertise in finance, capital markets, regulatory matters, employment, competition and tax. The firm primarily advises global private equity houses, as well as providing a domestic advisory capability. Manuel Deó leads the team and is known for private equity Spanish buyouts work. In a recent example, his department advised the Carlyle Group on the acquisition of Spain-based wine and cava producer Codorníu.

Practice head(s):


‘Professionalism, technical expertise, adaptability to complex regulatory enviroment and capacity to foresee and anticipate problems’

‘Miguel Oural is one of the best professionals I have ever met. His results have been outstanding in every matter I have assigned to him during the last ten years. Definitively a lawyer of the future’

Banking and finance Tier 3

Latham & Watkins LLP is experienced in advising financial institutions and corporations in a range of business lending transactions, including asset-based and acquisition financings. The firm is known for its expertise in complex financings and multi-jurisdictional matters. Fernando Colomina leads the practice, which advised The Carlyle Group on financing issues related to its acquisition of a minority shareholding in Compañía Española de Petróleos, based on an enterprise value of $12bn.

Practice head(s):

Environment Tier 3

Rosa Espín heads the ‘exceptional’ environmental practice at Latham & Watkins LLP, which deals with transactional, regulatory and contentious matters. Key areas of work include advising on brownfield land, product regulatory issues, emissions trading, and energy and renewables issues, with clients drawn from the water, mining and recycling sectors. Associate Leticia Sitges is experienced in litigation and public law.

Practice head(s):

Key clients


Platinum Equity

Restructuring and insolvency Tier 3

Latham & Watkins LLP provides a team of Spanish and international lawyers with expertise in a range of restructuring matters, in and out of Spain. The firm has experience from the creditor and debtor standpoints in leveraged buyouts and high-yield debt transactions, including the restructuring of highly leveraged companies experiencing financial difficulties. In addition to the practice’s Spanish insolvency law expertise, it is also involved in cross-border restructuring and insolvency. The team is co-led by Ignacio Pallarés, who focuses on Spanish corporates and financial institutions; capital markets specialist Ignacio Gómez-Sancha; and Fernando Colomina, who is experienced in advising on banking transactions, notably restructuring situations.

Tax Tier 3

The 'dedicated' and 'practical' tax team at Latham & Watkins LLP is particularly well known for its complex and high-value cross-border work. Team head Jordi Domínguez, a recognised expert in a wide range of transactional work (in particular M&A, real estate, finance and capital markets matters), regularly advises on the tax aspects of some of the largest transactions on the Spanish market. In a recent highlight, he advised Enagás on its €1.5bn partnership with Blackstone Infrastructure Partners and GIC to acquire a significant stake in Tallgrass Energy, a matter which evidenced the team's 'in-depth knowledge of the tax system in the US'.

Practice head(s):


The team has in-depth knowledge of the tax system in the US and great experience in how to structure investments from Spain to be more efficient.’

‘Jordi Dominguez demonstrated a detailed knowledge of the operation and total availability to solve our problem.

Key clients





Sun European P.





Värde Partners

Partners Group


Projects and energy Tier 4

Latham & Watkins LLP specialises in advising on the regulatory and commercial aspects of the energy sector. Antonio Morales left to join Baker McKenzie in 2019.

EU and competition Tier 5

Well known for litigation before the Spanish courts, Latham & Watkins LLP has particular expertise in antitrust enforcement and advisory matters, as well as cross-border cases. Practice head José María Jiménez-Laiglesia joined from DLA Piper in 2018 and focuses on competition litigation. His team includes associate Carlos Betoret Leuba, who joined from Freshfields Bruckhaus Deringer in 2018 and advises national and international clients on cartels, abuse of dominant position, and horizontal and vertical agreements, as well as merger control-related matters.


‘Very good team with a very high degree of knowledge and experience’

‘Latham & Watkins’ Madrid team includes one of the best competition law specialists’

‘We value their capacity to analyse and quickly see the real issues, come up with excellent arguments and find useful solutions for clients’

‘We value their capacity to deal with and convince the competition authority’

‘José María Jiménez-Laiglesia has great knowledge of competition law and a great capacity to understand the nature and particularities of the activities carried out by his clients’

Key clients

The Carlyle Group

Votorantim Group



Singapore Airlines







Real estate and construction Tier 6

As well as advising on traditional real estate matters, Latham & Watkins LLP is known for its expertise in multi-disciplinary work, particularly real estate capital markets deals, REO and NPL portfolios, M&A, financing and restructurings. Practice head Rafael Molina joined from Linklaters in 2018 and has experience advising domestic and international investors, investment banks and financial institutions on a range of corporate and real estate investments. His team includes real estate specialist Javier Colino, who joined as an associate from Uría Menéndez in 2018.

Practice head(s):


‘Rafael Molina’s team is the market-leading reference’

‘Super-smart, experienced, hardworking and responsive’

‘Rafael Molina is probably the most talented adviser in his sector. He is the definitive go-to person for us’

‘The engagement and the dedication they have are the main strengths’

‘Rafa Molina is very pro-deal, always looking to help us and give us his own view of how to protect ourselves’

‘Javier Colino finds the route to reach the agreement and simplify discussions’

Key clients



Bank of America Merrill Lynch


Goldman Sachs


JP Morgan


Neuberger Berman

Oak Hill Advisors

Odyssey Infrastructure Partners

Pictet Alternative Advisors

Round Hill Capital

The firm: Latham & Watkins is a leading international law firm serving multinational companies, start-ups, investment banks, private equity funds, venture capital firms, sovereign wealth funds, governments and other organisations. The firm’s global platform spans Asia, Europe, the Middle East and the US, and consists of internationally recognised practices across a wide spectrum of transactional, litigation, corporate and regulatory areas. Latham’s lawyers offer unrivalled legal resources and strategic commercial thinking to provide clients with innovative solutions to complex business and legal matters.

Lawyers here represent Spanish companies, private equity firms and financial institutions in inbound and outbound transactions and disputes, as well as acting for international companies conducting business throughout Spain and the Iberian Peninsula. The Spanish practice, primarily focusing on M&A, private equity, capital markets, litigation, administrative and regulatory, tax, and antitrust and competition, plays a critical role in Latham’s ability to serve clients worldwide.

The Spanish practice not only draws its strength from the expertise of the lawyers in Spain, but also includes the experience of lawyers based in offices around the world who have significant experience representing entities with Spanish interests. In addition, the Spanish team works closely with the firm’s Latin American practice group to facilitate transactions throughout Latin America.

Areas of practice: Lawyers in Latham’s Spanish M&A and finance practice have broad experience in cross-border M&A transactions involving Spanish companies and non-Spanish companies doing business in Spain, including company acquisitions, advice on excluding tender offers and/or extending European-based tender offers to the US market and arranging public financing. The private equity team has broad experience advising on a full range of transactions, from seed and early-stage capital situations to leveraged buyouts, PIPEs, growth equity investments, spin-outs, rollups, take-privates of established companies, and lately, restructurings and other distress-related transactions, in national or cross-border deals.

Latham & Watkins’ Spanish capital markets lawyers advise on domestic and international aspects of capital markets transactions, as well as on regulatory and corporate governance issues. This is an advantage for their clients when advising on international transactions, and the ability to play a dual role distinguishes the firm from most others in Spain.

Latham & Watkins has one of the strongest litigation and regulatory practices in Spain. Lawyers in this practice have vast experience in litigation and dispute resolution, as well as experience advising clients in national and cross-border arbitration proceedings. They have worked on projects and transactions related to public and administrative law, including matters such as energy, water regulation, transport, telecommunications, administrative proceedings, environmental and, in general, all matters where public administration is involved.

Latham & Watkins’ Spanish tax practice includes a team of highly regarded lawyers specialising in transactional tax, international tax, tax planning and tax structuring of cross-border M&A, capital markets offerings and restructuring transactions. Latham’s Spanish tax lawyers regularly advise companies listed in the Ibex 35 index, Spanish companies and multinational groups, private equity funds, investment funds, venture capital firms and financial institutions on a wide range of domestic and cross-border transactional tax matters.

Department Name Email Telephone
Corporate M&A
Capital markets
Antitrust and competition
Photo Name Position Profile
 José María  Alonso  photo José María  Alonso José María Alonso is a counsel in Latham & Watkins´ Madrid office.…
 Fernando Colomina  photo Fernando Colomina Fernando Colomina Nebreda is a partner in Latham & Watkins’ Madrid office…
 María José Descalzo  photo María José Descalzo María José Descalzo is a partner in Latham & Watkins’ Madrid office…
 Jordi Domínguez  photo Jordi Domínguez Jordi Domínguez, Chair of the Tax Department in Madrid, concentrates his tax…
 Ignacio Domínguez  photo Ignacio Domínguez Ignacio Domínguez is a counsel and member of the Corporate Department in the…
 Óscar Franco  photo Óscar Franco Óscar Franco is a partner in Latham & Watkins’ Madrid office and a…
 Ignacio Gómez-Sancha  photo Ignacio Gómez-Sancha
 Ana González-Linares  photo Ana González-Linares Ana González-Linares is a counsel in the Corporate Department of Latham &…
 José-Maria Jiménez-Laiglesia  photo José-Maria Jiménez-Laiglesia
 Luis Manuel Lozano  photo Luis Manuel Lozano Luis Lozano is counsel in the Corporate Department of Latham & Watkins’…
 Rafael Molina  photo Rafael Molina
 Ignacio Pallarés  photo Ignacio Pallarés Ignacio Pallarés, a partner in the Corporate Department, advises private equity funds…
 Iván Rabanillo  photo Iván Rabanillo Iván Rabanillo is a counsel and his practice focuses on transactional tax…
 Naiara Rodriguez-Escudero  photo Naiara Rodriguez-Escudero
 Jose Antonio Sánchez Dafos  photo Jose Antonio Sánchez Dafos
Number of lawyers : 2,600+
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