B. Cremades & Asociados is a specialist arbitration practice operating exclusively out of Madrid, with a strong focus on Spanish and Latin American disputes. The team is experienced in handling commercial arbitrations in a wide variety of sectors, such as energy, oil, gas and construction, in addition to acting as lead counsel in investor-state disputes against Latin American sovereigns, including Venezuela and Honduras. Founding partner Bernardo Cremades has vast experience acting as both counsel and arbitrator in various Latin American matters. Bernardo M. Cremades Jr., who co-manages the firm, is a multi-qualified (Madrid, New York and the District of Columbia) partner and focuses his practice on both investment treaty and commercial arbitrations. Ángel Tejada and José López Useros are very experienced members of the team, while Patrick T. Byrne continues to grow his practice.
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Key clients

  • Inversiones Continental (Panamá)
  • Mr. Raimundo Santamarta Devis
  • Comercializadora Mediterránea de Viviendas
  • Dunor Energía
  • Banreal Holding
  • Eurofinsa
  • Proyecto CCC Empalme I

Work highlights

Representing Comervi (f/k/a Marina d'Or Loger S.A.) in an ICSID arbitration against the Moroccan State concerning the loss of real estate investments in Morocco.
Acting as counsel for Inversiones Continental (Panamá) in an ICSID dispute against the Republic of Honduras regarding the forced liquidation of Banco Continental.
Acting as counsel for Banreal Holdings, a Spanish investment group, in an ICSID arbitration against Venezuela over the expropriation of an insurance company and a bank.

Practice head

Bernardo Cremades; Bernardo M. Cremades Jr.

Other key lawyers

Ángel Tejada; José López Useros; Patrick T. Byrne