Dentons > Madrid, Spain > Firm Profile

Dentons
Paseo de la Castellana, 53 8ª
28046 Madrid
Spain

Spain > Banking and finance Tier 3

The ‘truly versatile‘ banking and finance practice at Dentons in Spain comes recommended by clients as ‘very knowledgeable across a wide range of fields‘. Structured finance and debt restructuring are two areas that the team excels in, with practice co-head Jabier Badiola recently advising MUFG on the transfer of financing transactions between its Spanish and Dutch subsidiaries. Fellow co-practice head Jesús Mardomingo is an experienced advisor to financial institutions on corporate matters, while counsel Luis Belart is ‘an outstanding professional‘, highly praised by his clients.

Practice head(s):

Jabier Badiola; Jesús Mardomingo

Other key lawyers:

Fernando Gutiérrez; Luis Belart; Lola Nogueras; Ignacio Fernández

Testimonials

‘In terms of technical knowledge and expertise, they are really outstanding, exceeding client expectations. Very reliable team and totally result-orientated. Key cross-departmental and multijurisdictional focus. They have a great depth of financial knowledge. The team has a terrific knowledge of the market and is brilliant technically.’

‘Luis Belart – He’s always exceeding expectations as well as anticipating issues. He controls the big picture as coordinator and team leader. Definitely an outstanding professional. Deep knowledge and extremely high thinking skills, coming up with creative solutions.’

‘The plus that I have been able to perceive is the proximity, the previous work they do to know how our company operates, knowing what our needs are and knowing how to cover them as required. They make it possible to trust a third party as an extension of the company, which we have not been able to achieve with all the firms. In my case, I must highlight Luis Belart, who for us has been the greatest exponent of the good work of Dentons.’

‘Jabier Badiola: Great involvement in the negotiation of contracts, he perfectly combines the management tasks of the firm with serving his clients. Always available to think of different alternatives to tackle complex problems. Luis Belart: Efficient and highly involved with the projects he manages. He operates with high autonomy and is a guarantee of success. Technically flawless execution.’

‘Jesús Mardomingo – apart from his astonishing knowledge and charisma, he has an extraordinary experience in the field that we work in. Honesty, transparency makes honorable to this team.’

‘The team is very knowledgeable across a wide range of fields and are a preferred advisor for international funds who are looking to do business in Spain. They have excellent cross-departmental jurisdictional coverage and are very well plugged into the local developments and regulations.’

‘It is a truly versatile team. They cover the entire spectrum of advice in financial law. They stand out especially in export finance, project finance, acquisition finance and structured finance operations in general.’

‘Dentons has a great multidisciplinary team that make everything easier. They do not pose problems for you, they always look for solutions and alternatives in order to improve the situation of their client. Its competitive advantage over other firms, which is its proximity and immediate availability for any matter that may arise.’

Key clients

Instituto de Crédito Oficial

Vector Ronda Teleport

Maxi Mobility Spain

Syndicate of Banks

Mitsubishi UFJ Financial Group

Generali and Union Investment

Gulf House Holding

Instituto de Crédito

Caixabank and subsidiaries abroad

Orange Bank, Spanish branch

Grantia Capital

Planiger

Amper

Eliance

Work highlights

  • Acted for Generali and Union Investment in the €169m bank financing and €130m shareholder financing of their acquisition of shopping centre Puerto Venecia from Intu Zaragoza Holdings.
  • Advising MUFG entities in the Netherlands and Spain on the circa €3.2bn transaction for the purposes of analysing and transferring bilateral and syndicated financings, guarantee and derivatives transactions entered into by MUFG Spain to MUFG Netherlands.
  • Advised Planiger, as borrower, on the sustainable restructuring and refinancing of the company.

Spain > Capital markets: Debt Tier 3

Dentons established its capital markets group in Spain in January 2020 and has quickly carved a foothold in the market, acting for Spanish issuers and financial institutions as well as major investment banks. Of particular strength on the debt side is the team’s support on capital markets elements of complex restructurings. Ignacio Corujo is the main contact, and is experienced across the range of capital markets issues.

Practice head(s):

Ignacio Corujo del Valle

Key clients

Cajamar Caja Rural

Sacyr

ACS, Actividades de Construcción y Servicios

Bvk Infrastructure Debt Fund

Sicav-Fis Ergo Versicherung Aktiengesellschaft

Ergo Krankenversicherung

Ergo Direkt Versicherung

Ergo Vorsorge Lebensversicherung

Dkv Deutsche Krankenversicherung

Grupo Eliance

Work highlights

  • Advised Cajamar on the registration with the Spanish regulator (the CNMV) of its registration document, as well as on the issuance of €750m covered mortgage bonds listed on the Spanish Regulated Market (AIAF Mercado de Renta Fija)
  • Assisted Eliance with the restructuring of its debt, corporate restructuring, consolidation of the entire fleet into a single operating company and acquisition of new fleet.
  • Advised Sacyr on the renewal of its EMTN programme for €500m.

Spain > Transport: Other transport Tier 3

The experienced team at Dentons is a popular choice among airlines, aircraft operators, financial institutions and asset holders involved in high-value transactions. The department is well versed across aircraft refinancing and leases, M&A, tax, repossessions, registrations and tax issues. Headed by finance expert Jabier Badiola and supported by associate Ignacio Fernandez, the group’s portfolio features key market players in the aviation and finance sectors.

Practice head(s):

Other key lawyers:

Key clients

Banco Santander, S.A.

Munich Ergo Asset Management

Eliance Holding, S.A.

China Minsheng Bank

Bain Capital, L.P.

Carlyle Aviation Partners

Jackson Square Aviation, LLc

MUFG Bank Ltd

Castelake, L.P.

Norddeutsche Landesbank

Avolon Aerospace Leasing Limited

Wamos Air, S.A.

Rolls-Royce, Plc

Novobanco, S.A.

Bank of China Aviation

Natixis Singapore Branch

Goshawk Aviation

Abanca Corporación Bancaria, S.A.

Banco Cooperativo Español, S.A.

CAIXABANK, S.A.

Goal Aviation

Evelop Aviation

Work highlights

  • Advised Eliance Holding and the whole Eliance Aviation group in the restructuring and reorganisation of its fleet.
  • Advised GOAL Aviation on the acquisition and lease of three Airbus A320 aircraft to be bought from Air Asia and transferred from Malaysia to Spain to be leased to Volotea.
  • Advised a syndicate of banks led by Natixis (which is a lender under the syndicate) on the $122m pre-delivery financing in relation to three Boeing 787-9 aircraft to be leased to Air Europa.

Spain > Commercial, corporate and M&A Tier 4

Dentons, one of the largest firms globally, is well equipped to advise on all aspects of major transactions, providing specialist expertise in the energy, infrastructure, financial services, TMT and real estate sectors. Practice head Jesús Durán handles a mixture of M&A, buy-outs and divestment strategy matters, and has also carved out distinct expertise in the field of transactional insurance.

Practice head(s):

Jesús Duran

Other key lawyers:

Israel de Diego; Diego Pol; Nieves Briz; Natalia Ontiveros

Testimonials

Great professionalism and proximity, in addition to great availability.’

‘The ability to abstract and communicate the issues to be dealt with in a dynamic and proactive way, looking for the best scenarios for the purposes of results.’

‘The know-how of Diego Pol Longo is a differential point that gives a plus to the office.’

‘The team strength is about their expertise, and to their level of execution and excellence, with a global view always, but giving confidence as they look through every single detail with the proper diligence.’

‘I would mention that Nieves Briz and Natalia Ontiveros make the difference as per their ability to coordinate and collaborate internally and with the client. They are able to deliver a state of the art support and advice and they align internally to be coordinated constantly. You feel you have one only advisor in front of you.’

‘Competent, commercial, user friendly.’

‘Nieves Very is very practical, a deal maker.’

‘They are responsive, patient and capable of listening to clients.’

Key clients

Idealista

Imperial Brands

Statkraft

Kaisserwetter

Grupo Naturener

Hromatka Group

NexTracker

Sumitomo Corporation

Shanghai Electric Power Co.,

Applus

Sellers of Numintec Comunicaciones, S.L.

Apple

Vitrolife

Archroma

Idealista

Imperial Brands

Statkraft

Kaisserwetter

Grupo Naturener

Hromatka Group

NexTracker

Sumitomo Corporation

Shanghai Electric Power Co.,

Applus

Sellers of Numintec Comunicaciones, S.L.

Vitrolife

Archroma

Work highlights

  • Advised the management of Idealista on the €1.32bn sale of the company to EQT, a Swedish-based global investment company.
  • Advised private equity purchasers on the acquisition of Imperial Brands’ £1.1bn hand-rolled cigar business.
  • Advised Vitrolife – a Sweden-headquartered multinational focused on medical devices for in vitro fertilization (IVF) – on the acquisition of 100% of the share capital in Igenomix for €1.25bn.

Spain > Private equity Tier 4

Dentons stands out for its combination of fund formation and transactional expertise. With a broad practice, the firm covers acquisition structuring, exit strategy and secondary sale matters, among other matters. Other points of differentiation include Jesús Durán’s specialist knowledge of transactional insurance, as well as the expertise that Fernando Gutierrez has developed on the regulatory front; the pair jointly lead the team, which is especially knowledgeable of the infrastructure, energy and real estate sectors.

Practice head(s):

Jesús Durán; Fernando Gutiérrez

Testimonials

‘They have a very detailed approach but at the same time are aware of the latest market trends and use their time for important negotiations.’

‘Its knowledge of the sector. Jesús Durán and Fernando Gutiérrez.’

‘Extraordinary legal knowledge, client focus, and pro operation.’

‘I would highlight Jesus Duran without a doubt.’

Key clients

Idealista

Allied Cigars Corporation

Gemstone Investment Holding

BeAble Capital SGEIC, S.A.

Gesconsult, S.A., SGIIC

Horos Asset Management SGIIC, S.A.

Work highlights

  • Advised the management of Idealista on the €1.32bn sale of the company to EQT, a Swedish-based global investment company.
  • Advised Allied Cigar Corporation and Gemstone Investment Holding on the acquisition of Imperial Brands’ premium hand-rolled cigar business for £1.1bn.
  • Advised Gesconsult on the formation of its first private equity fund of funds (an alternative investment fund in accordance with the Spanish implementation of AIFMD).

Spain > Public law Tier 4

Demonstrating ‘solid technical expertise’, Dentons' public law practice assists clients from a wide range of sectors, and boasts a good level of expertise in the handling of public procurement matters and litigation. ‘Outstanding professionalDaniel Vázquez García heads the department and is closely supported by senior associate Natalia Palomar, who joined the firm in January 2021 from BROSETA Abogados.

Practice head(s):

Other key lawyers:

Testimonials

‘The team demonstrates solid technical expertise in the matter and brings a great experience when advising large clients of different types of business, knowing the risks of each industry. This experience is key to analyzing the risks well.’

‘My experience has been mainly with the partner of the Public Law practice Daniel Vázquez in several complex operations both by the industry and by the structure and requirements of the project. In addition to Daniel’s technical knowledge and experience, it has been a pleasure to work with him because of his direct contact and availability. He is always proactive and explains things clearly and easily for the customer.’

‘They work on issues in depth, in multidisciplinary teams. In urgent cases they have great availability. Magnificent expertise in environmental issues.’

‘Daniez Vázquez is an excellent professional who combines deep knowledge in the administrative and environmental area with the ability to manage complex issues, with various derivatives.’

‘Daniel Vazquez: he seems to me to be the most competent person I have encountered in environmental law. In addition to his empathy and availability.’

‘I work with Dentons in Spain. Their team is not too big, which gives it flexibility and makes it easy to access the right people.’

‘I work mostly with Daniel Vazquez, an outstanding professional.’

Key clients

Unilabs

Acco Brands Corporation

Globalia

Roche Diagnostics

Ramboll

Engie

Minera Los Frailes (a subsidiary of Grupo Mexico)

AIG

BASF

TEDi GmbH

Work highlights

  • Advised Globalia on several claims against the Spanish Government for damages incurred in the three business lines operated by the client in Spain (airlines, hotels and cargo) due to Covid-19 restrictions.
  • Advised BASF in a variety of regulatory matters related to the different manufacturing sites the client operates in Spain.
  • Advised Roche Diagnostics on potential liabilities under public procurement law associated to the replacement of a device to measure sugar in blood procured to regional health authorities.

Spain > Real estate and construction Tier 4

Backed by the bench strength of a global network covering over 200 locations, the real estate team at Dentons takes a multidisciplinary approach to advising domestic and international investors, institutional clients and alternative lenders across the office, retail, residential and logistics sectors. In a major development in early 2022, Roberto Tojo Thomas de Carranza and a team including senior associate Francisco Jiménez Alarcón joined the firm from Ramón y Cajal AbogadosItxaso López is another name to note. Bárbara Hernández Mora left the firm in March 2022.

Practice head(s):

Roberto Tojo Thomas de Carranza

Testimonials

‘Knowledge and intervention in the client’s business, advising with a comprehensive vision of the business. Response time management combined with pro-deal solutions.’

‘Itxaso López did an exceptional job in preparing a complex contract. He answers quickly, responds to calls, and has a deep understanding of the subject. Very satisfied with their work.’

‘It is our office of reference for its impeccable work. The team is close and knowledgeable about our work philosophy. Its strengths are knowledge of the market and our portfolio. Its international profile is of great help to us.’

‘Itxaso Lopez is also an outstanding lawyer with exceptional in depth legal knowledge, being at the same time highly business oriented and pragmatic.’

‘It is a very young team and therefore very eager and very involved in the projects. They also have excellent technical quality with proven experience.’

Key clients

UBS Real Estate GmbH

Spearvest SA

RS Lender III, S. àr.L

Sächsische Ärzteversorgung

Oaktree Capital Management

GIC

Blackstone

Starwood Capital Group

Bankinter Investment

Colonial

Grupo LAR

TPG

Work highlights

  • Advised Oaktree Capital Management on the acquisition of the real estate development arm of Banco Sabadell.
  • Advised UBS Real Estate on the sale of an office building in Madrid.
  • Advised Sächsische Ärzteversorgung, German professional pension fund, on the financing for the acquisition by Wellsville, S.L.U. of the office building located in Virgen del Puerto nº55 (Madrid).

Spain > Projects and energy Tier 5

Dentons‘ three-strong Spanish practice advises on a wide range of cross-border transactions and renewable energy projects, and earns plaudits for its ‘deep knowledge of the energy sector’, as well as for its ‘extensive experience and market know-how’. The department has seen some changes, with the arrival in April 2021 of Fermín Garbayo, who boosted the team’s capabilities in the financing of renewable projects, but the departure of former department head Javier Lasa.

Practice head(s):

Other key lawyers:

Testimonials

‘Firm with highly qualified professionals and deep knowledge of the energy sector, with extensive experience and market know-how that undoubtedly contributes to perceive and understand the transmitted needs’.

‘Making it available to professionals from other countries without prejudice to time differences. Special mention to Fermin Garbayo, partner of the energy area of the Spain Office, for his extensive experience and knowledge and the great capacity to react to any query and request for means, always making other fellow partners and associates available to the company. in order to solve and attend to the needs while giving a personalised service.’

‘Strong commercial understanding of the rules and regulations of the solar development market, particularly in regard to the interpretation and execution of Royal Decree 1183/2020.’

‘Iñigo Olarte Garay stands out. He is a creative, responsive and diligent senior associate who has helped structure unique co-development agreements, creating value for our firm.’

Key clients

Statkraft

Novaluz Energía

Nextracker

Shanghai Electric Power

Kaiserwetter Energy Asset Management

Sev.en Energy

Ente Vasco de la Energía – EVE

Suncor Energy inc.

Work highlights

  • Advised Statkraft on the acquisition of a large solar PV plant portfolio held by global developer Solarcentury in several jurisdictions, including Spain.
  • Advisings Novaluz Energía on an ongoing basis on matters related to power supply agreements.
  • Assisting Nextracker Spain on a day-to-day basis with all the legal corporate, regulatory and labour matters.

Spain > Tax Tier 6

Dentons' tax team in Madrid has carved a niche in advising insurance companies on warranty and indemnity (W&I), special tax policies and transactions. Practice head María Cortizas has been particularly active in cross-border work in those areas, often collaborating with the Dentons international network. Other strong areas include tax litigation and advising international funds during the repossession phase of the underlying assets securing their NPL portfolios.

Practice head(s):

María Cortizas

Testimonials

‘They have great technical knowledge but at the same time they are very commercial and understand the needs of clients.’

‘Maria Cortizas shows great experience in the field and is very commercial. She is also very aware of legislative developments and market trends.’

Key clients

UBS Real Estate

Sacyr

Spearvest

Veolia

Oaktree Management

Naturener

Work highlights

  • Advised UBS Real Estate on the tax consequences of the early termination of the lease agreement relating to the acquisition of a building located in Madrid.
  • Assisting Oaktree Capital Management with its Spanish repossessions.
  • Advised Veolia on the tax aspects of its takeover of a major competitor, water and waste French group Suez.

Dentons is the world’s largest law firm, connecting talent to the world’s challenges and opportunities in more than 75 countries. Dentons’ legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons’ polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com

DepartmentNameEmailTelephone
Energy and Natural Resources Javier Lasajavier.lasa@dentons.com+34 914 322187
Banking and Finance Jabier Badiola Bergarajavier.badiola@dentons.com+34 914 323225
Banking and Finance Jesús Mardomingojesus.mardomingo@dentons.com+34 914 321 370
Public Law, Environment Daniel Vázquez Garcíadaniel.vaquez@dentons.com+34 914 324 730
Corporate and M&A, Dispute Resolution Alejandro Alonso Dregialejandro.alonso@dentons.com+34 914 320 715
Corporate and M&A, Private Equity, Investment Funds Jesús Duránjesus.duran@dentons.com+34 914 322 905
Tax Jose Ramon Vizcainojoseramon.vizcaino@dentons.com+34 914 322 461
Real Estate Jesús Varelajesus.varela@dentons.com+34 914 322 188
Litigation, Dispute Resolution; Restructuring and Insolvency Julio Parrillajulio.parrilla@dentons.com+34 914 322 601
Corporate and M&A; Dispute Resolution José Maria Buxedajosem.buxeda@dentons.com+34 914 322 365
María CortizasMaria.cortizas@dentons.com+34 913 356 812
PhotoNamePositionProfile
Jabier Badiola photo Jabier BadiolaJabier Badiola is a partner of the banking and finance department in…
Arancha Barandiaran  photo Arancha Barandiaran Senior Associate
Luis Belart  photo Luis Belart Counsel
José María Buxeda  photo José María Buxeda José María Buxeda is partner at Dentons Madrid and co-heads the Corporate…
María Cortizas photo María CortizasMaría Cortizas is a partner in the Tax department of Dentons’ Madrid…
Ignacio Corujo photo Ignacio CorujoPartner
Israel de Diego photo Israel de DiegoPartner
Jesús Durán  photo Jesús Durán Jesús Durán is Partner in Dentons’ Madrid office. He is a member…
Fermín Garbayo photo Fermín GarbayoPartner
José María García Santos photo José María García SantosPartner
Fernando Gutierrez  photo Fernando Gutierrez Partner
Bárbara Hernández-Mora  photo Bárbara Hernández-Mora Counsel
Javier Lasa  photo Javier Lasa Javier Lasa is a partner in the Madrid office and Head of…
Itxaso López  photo Itxaso López Counsel
Jesús Mardomingo photo Jesús MardomingoJesús is a partner and Head of the Banking and Finance practice…
Mario Sáez photo Mario SáezSenior Asociate
Roberto Tojo photo Roberto TojoPartner
Daniel Vázquez photo Daniel VázquezDaniel Vázquez is a partner in the Madrid office and Head of…
José Ramón Vizcaíno  photo José Ramón Vizcaíno José Ramón Vizcaino is Partner of the Tax department in Dentons’ Madrid…
Risteard de Paor photo Risteard de PaorPartner
- Number of lawyers: 9,800+ :
At this office: 48 :
70+ languages including:
Arabic
Afrikaans
Azerbaijani
Bulgarian
Czech
English
French
Georgian
German
Hungarian
Italian
Kazakh
Mandarin
Polish
Romanian
Russian
Slovak
Spanish
Turkish
Ukrainian
Uzbek

Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Referral Network. Dentons’ polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.
With 170+ offices in over 70 countries, Dentons’ global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size.

DepartmentNameEmailTelephone
Barcelona Managing Partner; Corporate and M&A Nieves Briznieves.briz@dentons.com+34 934 452 914
Corporate and M&A; Dispute Resolution Juan Ignacio Alonsojuanignacio.alonso@dentons.com+34 934 455 779
Compliance Diego Poldiego.pol@dentons.com+34 934 452 922
Number of lawyers: : 9,800+
At this office: 11 :
70+ languages including:
Arabic
Afrikaans
Azerbaijani
Bulgarian
Czech
English
French
Georgian
German
Hungarian
Italian
Kazakh
Mandarin
Polish
Romanian
Russian
Slovak
Spanish
Turkish
Ukrainian
Uzbek

About Dentons: Dentons is the world’s largest law firm, connecting talent to the world’s challenges and opportunities in more than 75 countries. Dentons’ legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons’ polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com

Dentons Spain: With 10,500+ lawyers and professionals in 200 locations in 79 countries, Dentons is the largest law firm in the world and has more people in more places than any of our competitors.

Dentons’ coverage matches with a significant number of our clients. Where we do not yet have a required presence, we team with referral law firms through our Nextlaw Referral Network, an award-winning global legal network created by Dentons that connects us with other law firms and secures the best legal talent worldwide. With 700+ member law firms in 200+ countries across multiple time zones, member law firms cover more countries in the world than any other global legal network.

Our global strategy has focused on greater geographical coverage. Through opening our own offices and by consolidating special alliances throughout the world, we have become more global in both geography and outlook. Our geographic coverage has greatly increased in recent years and we will continue to expand and enhance our capabilities so that we can provide businesses with multi-jurisdictional and multi-disciplinary services, to efficiently support all their global legal requirements.

Uniquely in the legal services market, Dentons does not have a single headquarters or dominant culture. As a law firm we are inclusive of geographies, nationalities and languages, and recognise and encourage the unique talents and potential of our people.

Further, our global size and scale means that when we develop best practices and invest in new technologies in different countries and regions, we share them across geographies for the benefits of all our clients

Since 2007, and after the merger with two renowned national law firms, Dentons has had a leading presence in Spain. Through our offices in Madrid and Barcelona, we offer a world-class legal service with a practical and commercial approach for our clients in Spain and abroad through our international network.

DepartmentNameEmailTelephone
Banking and Finance Jabier Badiolajabier.badiola@dentons.com+34 638 516 766
Public Law and Environment Daniel Vázquezdaniel.vazquez@dentons.com+34 663 376 611
Employment Eduardo Gómez de Enterríaeduardo.gomezdeenterria@dentons.com+34 620 054 156
Banking and Finance Fernando Gutiérrez-Rizaldosfernando.gutierrez@dentons.com+34 635 350 185
Energy Fermín Garbayofermin.garbayo@dentons.com+34 91 4323325
Capital Markets Ignacio Corujoignacio.corujo@dentons.com+34 683 493 935
Energy Javier Lasajavier.lasa@dentons.com+34 696 822 547
Corporate and Private Equity Jesús Duranjesus.duran@dentons.com+34 628 555 836
Banking and Finance Jesús Mardomingojesus.mardoming@dentons.com+34 670 227 018
Corporate and M&A José María Buxedajosem.buxeda@dentons.com+34 619 233 972
Litigation José María Garcíajosemaria.garcia@dentons.com+34 648 082 136
Arbitration Risteard de Paorristeard.depaor@dentons.com+34 682 207 359
Compliance Diego Poldiego.pol@dentons.com+34 934 452 922
Corporate and M&A Nieves Briznieves.briz@dentons.com+34 934 452 914
Partners : 15
Lawyers : +70
Spanish
English (fluent)

Singapore Big Five Law Firm Dentons Rodyk Boosts Corporate Practice with Two Senior Lawyer Hires

Singapore, 1 July 2022 – Singapore’s Big Five Law Firm Dentons Rodyk are today announcing the arrival of senior corporate lawyers Evelyn Ang and Emily Low. Together with six other lawyers, they join Dentons Rodyk from Big Four accounting firm EY’s Singapore law practice, Atlas Asia Law Corporation (AALC). The news follows Dentons' recently launched combination with leading Vietnamese law firm LuatViet, as the Firm pursues its goal of being the leading pan-ASEAN law firm.

Dentons launches combination with LuatViet in Vietnam

Dentons has launched its previously announced combination with leading Vietnamese law firm, LuatViet, which has more than 40 legal professionals serving clients from offices in Ho Chi Minh City and Hanoi.

Former Deputy Director of Attorney-General’s Chambers Navin Naidu joins Big Five Law Firm Dentons Rodyk

Big Five Law Firm Dentons Rodyk & Davidson LLP is pleased to announce the arrival of Attorney-General’s Chambers’ former Deputy Director Navin Naidu to the firm’s White Collar and Government Investigations practice.

How Singapore’s Big Five law firm Dentons Rodyk is embracing the future of work and ditching its traditional office for good

Visions for the future of work have never been bolder. The COVID-19 pandemic changed notions on how many felt a work environment should be. The world was rushed into accelerating technology adoption, increasing digital connectivity and embracing virtual collaboration. As we usher in a new and dynamic decade, Dentons Rodyk envisions the future of work by ditching its traditional office for good and introducing a permanent hybrid work model.

Dentons secures final victory for ICT on European patent infringement case against ESSITY

Global law firm Dentons is pleased to announce that the Paris Court of Appeal, the Higher Regional Court of Karlsruhe and the Barcelona Provincial Court have all issued final decisions dismissing Essity’s claims of patent infringement in regards to Industrie Cartarie Tronchetti’s (ICT) three ply toilet paper. With Dentons’ counsel, ICT successfully demonstrated beyond a doubt that its branded and private label products are produced based on its own proprietary process, and patented under European patent 2 353 859. 

Dentons has been advising Industrie Cartarie Tronchetti S.p.A since 2016. Based in Lucca, ICT is a leader in the category of high quality tissue paper products for domestic use, and has subsidiaries in Italy, Spain, Germany, France and Poland.

The Paris decision, which is the most recent, ends a long-running patent infringement litigation with Essity and affirms ICT can continue to produce and distribute absorbent paper based on its own proprietary technology. The three courts in France, Germany, and Spain have confirmed ICT’s argument that it is using its own novel technology, also patented. Essity’s claims of infringement were based on a patent originally filed by Georgia Pacific, and subsequently becoming Essity’s.

Dentons partner David Masson served as lead partner and represented ICT in France. Dentons partner Dr. Constantin Rehaag represented ICT in Germany, and PwC partner Alejandra Matas Brancós represented the client in Spain, with the support of Dentons partner Juan Ignacio Alonso.

David Masson, lead lawyer on the case, commented: “It has been very interesting to understand ICT’s own technology and work closely with different teams, including ICT’s R&D department, which has been part of all strategic and technical decisions throughout the case”.

Constantin Rehaag, who represented the client in the German court hearings and coordinated the work with the client’s patent attorneys, said: “This is an outstanding success of a great team formed by the client, who provided us with invaluable technological insight, the team of patent attorneys and, finally, by the Dentons teams in France, Spain and Germany.”

The patent litigation began in 2016 when Essity sued ICT in France, Germany and Spain for the alleged infringement of its patent related to the technical solution for the bonding of three layers of tissue for paper products such as high quality, soft and bulky, toilet paper.

In France, Essity claimed that ICT had breached the French part of its European patent 1 081 284 and that the toilet paper marketed as Foxy Soie Plus, and also certain other private labels produced by ICT France, had infringed on their patent. Essity demanded that all production operations be halted. The rolls of toilet paper were carefully analyzed and there were no findings of infringement. The two French courts - in first instance and appeal - rejected the claims and ordered Essity to pay compensation for the legal fees to ICT Italy and ICT France.

In Germany, the case was first taken to the Mannheim District Court, which is well reputed in patent matters. The lawsuit mainly focused on the complex questions regarding the construing of the claims of Essity’s patent. The court ruled in favour of ICT, and Essity filed an appeal. In August 2019, the Higher Regional Court of Karlsruhe also ruled that the German subsidiary of ICT did not infringe the German part of the patent 1 081 284.

In Spain, after a first decision in favor of Essity in the lower court, the Barcelona Provincial Court clearly stated in a written appeal that ICT’s products - and in particular, Foxy Seda, Foxy Bouquet, certain three-ply private label products - did not infringe the Spanish part of the patent 1 081 284.

About ICT

Industrie Cartarie Tronchetti (ICT) was founded in 1976 in Italy, in the Lucca province, to operate in the tissue sector, producing high quality paper exclusively from virgin fibre. The first production facility was opened in 1978 in Piano della Rocca, Lucca, and over the years new plants and facilities have been set up in Piano della Rocca, Diecimo and Piano di Coreglia. The Foxy brand, one of the leading brands in the European market, was launched in 1982. ICT is an example of excellence in the paper industry, in full harmony with the tradition of the Lucca region, where the most important Italian papermaking hub is located, on a par with those of Green Bay (USA) and Fuji (Japan). In Lucca in particular, great expertise has been nurtured in the field of paper for household use, and the city is in fact known as the world tissue capital. Today, ICT SpA boasts an annual production capacity of about 160,000 tonnes.

About Dentons

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.


Dentons advises Snam on US$10.1 billion consortium investment in ADNOC Gas Pipelines

Global law firm Dentons advised Italian-based multinational energy infrastructure operator Snam in relation to its agreement, in consortium with several international investment funds, to purchase a 49 percent share of ADNOC Gas Pipelines from The Abu Dhabi National Oil Company (ADNOC). ADNOC Gas Pipelines is valued at approximately US$20.7 billion (US$10.1 billion for 49%).

The transaction is one of the most important in the global energy infrastructure sector, as well as Snam’s first acquisition outside Europe.  ADNOC Gas Pipelines holds the tariff-based rights for the 38 pipelines that connect ADNOC’s upstream activities to Abu Dhabi’s consumption points and the export and interconnection terminals to neighboring Emirates.

The transaction was financed by a pool of international banks for approximately $8 billion, plus an equity contribution from each of the consortium members.  In addition to Snam, the other consortium members included Global Infrastructure Partners, Brookfield Asset Management, GIC, Ontario Teachers’ Pension Plan, and NH Investment & Securities.

Dentons acted with a cross-border team from Italy and UAE, coordinated by partner Sara Biglieri in Milan.  Partners Luca Pocobelli (Rome) and Mhairi Main Garcia (Dubai), counsel Claudio Segna (Milan), senior associate Craig Hughson (Abu Dhabi) and associate Stephanie Hawes (Dubai) advised on corporate and M&A aspects. Partners Alessandro Fosco Fagotto (Milan) and Stephen Knight (Abu Dhabi), counsel Franco Gialloreti, senior associate Tommaso Zanirato and junior associate Giulia Caselli Maldonado (all Milan) advised on financing aspects. Partner Michele Carpagnano (Rome) and associate Giulia Giordano (Rome) advised on the competition and antitrust aspects.

Snam’s internal legal team was led by General Counsel, Marco Reggiani - assisted by Michela Schizzi, Senior Vice President Regulated Assets Legal Affairs - and included senior legal counsels Rosanna Pallotta and Claudia Jolanda Fanelli.  The legal aspects related to the financing were handled, together with Marco Reggiani, by Gloria Bertini, Head of Finance and Capital Market Legal Affairs and Roberta Di Mauro, legal counsel.


Dentons advises Investitionsbank Berlin (IBB) on the establishment of the EU Malaria Fund

The EU Malaria Fund was initiated by the kENUP Foundation, a not-for-profit organization promoting research-based innovation with public and societal benefit. The fund is managed by the IBB Group. The target volume of the fund amounts to €280 million, with a first closing of €70 million on June 3, 2020.A Dentons team from Berlin, Frankfurt, Dusseldorf and Munich provided comprehensive advice to IBB Group on the establishment of the EU Malaria Fund. This included the development of the legal and tax conception of the fund, regulatory advice, corporate law support on the setup of the fund, and the negotiation of the financing agreements with the EIB, the Bill & Melinda Gates Foundation and other investors.Berlin-based partner Dirk-Reiner Voss and Frankfurt-based partner Arne Klüwer jointly led the Dentons team, with support from partners Stephan Busch, Matthias Santelmann and senior associates Holger Hölkemeier and Bernd Düsterbeck in Berlin; counsel Verena Etzel and Oda Elmoutaouakil in Frankfurt; partner Axel Schlieter in Dusseldorf, and partner Richard Fagerer in Munich.About DentonsDentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com

Dentons advises on ACS Group’s €500 million NEU-CP Program

Dentons, the world’s largest law firm, has advised Spanish-based multinational construction group, Actividades de Construcción y Servicios, S.A. (ACS), on the renewal of its €500 million Negotiable European Commercial Paper (NEU-CP) Program. The NEU-CP program is registered with the Central Bank of France, with the involvement of BNP Paribas, BRED Banque Populaire, Crédit Agricole Corporate and Investment Bank, ING Bank N.V. and Natixis, as dealers for the Notes.Headquartered in Madrid, the ACS Group is a worldwide leader in construction and services. It is currently the only non-financial issuer with a NEU-CP Program registered with the Central Bank of France.Dentons’ Capital Markets group in Madrid advised ACS on all aspects of the transaction. Partner Ignacio Corujo led and coordinated the transaction with the support of junior associate Ana Artola.Ignacio Corujo joined Dentons in January this year to establish and lead the Capital Markets group in Spain. In addition to this most recent deal for ACS, he has closed several high-value debt capital markets deals since his move, including most notably, Grupo Cajamar’s €1 billion issuance of mortgage bonds, as well as Sacyr’s renewal of its €500 million EMTN Program.About DentonsDentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com 

Dentons advises UniCredit on a €450 million secured sustainability-linked financing for Gunvor Gro

Global law firm Dentons has advised UniCredit Bank AG as Mandated Lead Arranger, (Sustainability) Coordinator, Bookrunner, Facility Agent and Security Agent as well as the lenders on a €450 million secured sustainability-linked borrowing base facility agreement with Gunvor Group. Gunvor Group will use the funds to cover the working capital requirements of its Ingolstadt refinery.The innovative financing model is tied to the borrower's achievement of predetermined ESG key performance indicators (Sustainability KPIs) and provides for a sustainability discount or premium in case the company overachieves or underperforms the predefined targets. An independent sustainability auditor will report on the performance of the Sustainability KPIs on an annual basis. The ESG-based scoring of certain key performance indicators provides a unique way for borrowers and lenders to communicate their commitment to sustainability and incentivizes sustainable corporate measures.Participating banks included DZ Bank, KfW IPEX-Bank, Raiffeisen Bank International, Erste Group Bank, Commerzbank, Industrial and Commercial Bank of China, CA Indosuez (Switzerland), Bank of China and First Abu Dhabi Bank.Gunvor Group is one of the world’s largest independent commodities trading houses by turnover, creating logistics solutions that safely and efficiently move physical energy from where it is sourced and stored to where it is demanded. With strategic investments in industrial infrastructure – refineries, pipelines, storage and terminals – Gunvor Group further generates sustainable value across the global supply chain for its customers. UniCredit is one of the pioneers in sustainable loans in the German market.Düsseldorf finance partner Dr. Axel Schlieter fully advised the bank on the drafting and negotiation of the loan agreement. The Dentons team further comprised Julia Heitmann (senior associate, Banking and Finance, Düsseldorf) and Eike Hinrich Pradt (associate, Banking and Finance, Frankfurt). Axel Schlieter is a core member of Dentons’ Sustainable Finance group in Europe and is regularly involved around the topics of issuance of green bonds and on sustainable financing.Advisors to UniCredit: Dentons (Düsseldorf): Dr. Axel Schlieter, (lead partner), Julia Heitmann (senior associate, both banking and finance, Düsseldorf), Eike Hinrich Pradt (associate, banking and finance, Frankfurt am Main)UniCredit inhouse lawyers: Carina Engelhardt, Alexander Strigin, Christian HentrichAbout DentonsDentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com

Dentons advises Qair on refinancing of the acquisition of Rzepin and Linowo wind farms in Poland

Dentons’ Banking and Finance practice team advised Qair SAS, Qair International and Qair Polska Sp.z o.o. in connection with the refinancing of two wind farms under operation, Rzepin (58 MW) and Linowo (48 MW). The financing institutions are BNP Paribas and EBRD.The two wind farms are part of Qair’s larger portfolio of almost 200 MW of renewable energy sources, which also includes 93 MW of new capacity from three wind farms – Udanin (50 MW), Parzeczew (9 MW) and Września (9 MW) – and 25 MW of solar photovoltaic.The project was supervised by Mateusz Toczyski, Head of the Europe and Co-Head of the Global Banking and Finance practice, and led by Tomasz Zwoliński, counsel, with assistance from lawyers Klaudia Szymańska-Rutkowska, Katarzyna Mazur, Katarzyna Kaptur and Jakub Walawski. Supporting the Warsaw team were counsel Surbhi Malhotra-Trenkel in Munich and partners Jean-Marc Allix and Olivier Genevois, and associates Djésia Meziani, Philippine de Fouchier and Hugo Casasnovas in Paris. Dentons’ London team consisting of partner Matthew Sapte and associate Annreika Ray advised on the hedging documentation.“We are very pleased and honored to have had this opportunity to assist Qair in yet another wind power project the company has undertaken in Poland,” said Mateusz Toczyski.“We would like to congratulate Qair on this financing and to wish every success with further developments and investments in Poland and elsewhere in the world,” added Tomasz Zwoliński.About DentonsDentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com

Dentons advises Sev.en Energy on aacquisition of US-based Blackhawk Mining

Dentons has advised international energy group Sev.en Energy on its strategic acquisition of US-based metallurgical coal producer Blackhawk Mining, LLC. C. The transaction comes on the heels of Sev.en Energy’s acquisition of a 17% ownership interest in Corsa Coal in May 2020, further reinforcing its access to the metallurgical coal mining industry in the US market.Blackhawk Mining is one of the largest metallurgical coal producers in the US. With annual production capacity of seven to eight million tonnes of metallurgical coal among its five underground and open pit mining complexes in West Virginia and Kentucky, Blackhawk Mining is an important supplier of metallurgical coal both locally and internationally. It also owns three thermal coal mine complexes producing three to four million tonnes per annum. In 2019, Blackhawk Mining had $1bn revenues and $120m EBITDA. Commenting on the acquisition, Dentons partner Petr Zákoucký, said: “Having worked for Sev.en Energy for many years, I am inspired by their sustained dynamism, and by this bold strategic move, even during these difficult market conditions. We were delighted to have opportunity to play our role in this success.” Alan Svoboda, Executive Director of Sev.en Energy who leads the Group’s international expansion added: “Once again, the Dentons team exceeded our expectations and delivered the transaction within a tight time frame of less than a month, nailing both the complexity of the deal and challenges created by the current worldwide pandemic. What was really outstanding was the dedication and flexibility that the entire team showed.” Dentons’ cross-border team was composed of partners Petr Zákoucký (Prague, Energy/M&A), Ilan Katz (New York, M&A), Lee Smith (New York, Finance), Christopher Van Bever (Lexington, Mining) and John Rhine (Evansville, Mining) Robert E. Richards (Chicago, Insolvency), Managing Associate Gregory DiBella (New York, M&A) and Associate Barbora Obračajová (Prague, Energy). Alvarez & Marsal advised Sev.en Energy on financial due diligence and Weir on technical due diligence. About Sev.en EnergySev.en Energy owns significant coal and energy production assets in the Czech Republic, the United Kingdom, Australia and the USA. It is the largest private operator of coalmines and conventional power plants in the Czech Republic, and employs more than 3,500 people. In 2019, Sev.en Energy acquired additional power generation assets from Swiss energy group Alpiq and a 50% stake in the multinational energy company – InterGen N.V., which is one of the leading independent power generators with gas-fired power plants in the UK and coal-fired power plants and coal mines in Australia. When pro-forma aggregated with the financial results of InterGen and Alpiq CZ, Sev.en Energy group combined revenues in 2019 were EUR 1,4 billion and EBITDA of EUR 319 million. About DentonsDentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com

Dentons supports German subsidiaries of the Recylex Group in restructuring

Global law firm Dentons is assisting Weser-Metall GmbH and Harz-Metall GmbH, both subsidiaries of the French-German Recylex Group, with their restructuring through ‘self-administration’ proceedings. In addition, Dentons restructuring lawyers Andreas Ziegenhagen and Dirk Schoene and their team are advising the German management of the Recylex Group within the scope of its self-administration.As a result of the COVID-19 pandemic and the dramatic decline in metal prices, the German subsidiaries of Recylex have each applied for protective shield proceedings under German insolvency law. The aim of the protective shield is to allow the companies to continue their individual restructuring measures and to return to economic stability after the pandemic - if necessary, in a new shareholder structure.Weser-Metall produces about 100,000 tons of lead per year at its headquarters in Nordenham (Lower Saxony), making it the third largest lead smelter and the second largest lead recycler in Europe. Harz-Metall has its headquarters in Oker in the Harz Mountains and is one of the leading European recycling companies for lead and zinc contaminated waste.The Recylex group has a total of eleven operating units and two administrative sites in France and Germany. In addition to the companies supported by Dentons, two other companies in the group, Norzinco GmbH and PPM Pure Metals GmbH, have also submitted applications for protective shield, whilethree other German subsidiaries requested self-administration under creditor protection. The Group's French companies are not affected.Andreas Ziegenhagen, Head of the Europe and German Restructuring practice, said: "With the filing for protective shield proceedings, we are making use of the most restructuring-friendly court proceedings in the interest of all stakeholders of the companies”.Advisor to Harz Metall / Weser Metall / German management of Recylex:Dentons (Berlin): Andreas Ziegenhagen (Partner, Restructuring, Berlin/Frankfurt), Dirk Schoene (Partner), Dr. Jan Seelinger (Counsel), Dr. Benjamin Kurzberg (Counsel), Judith Schmid (Senior Associate), Dr. Jakob Pickartz (Senior Associate), all Restructuring and InsolvencyAbout DentonsDentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic. www.dentons.com