Pérez-Llorca is regularly engaged by credit institutions, debt funds and domestic and international companies to assist with restructurings, insolvency agreements, company liquidations and distressed transactions. The practice is led by Javier García Marrero, who is well regarded for his work representing financial institutions in insolvency scenarios. Additional key contacts include Laura Ruiz, who focuses on pre-insolvency advice and insolvency litigation, and Cosme Colmenero, who assists with restructuring and refinancing transactions. Former co-head Juan Oñate left the firm in June 2026.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘Within the firm, Cosme Colmenero is an exceptional lawyer. His resume and experience are impressive, and this solid foundation is clearly evident in the way he handles even the most demanding cases. He stands out for being approachable and accessible, always ready to provide efficient support. His technical knowledge is extraordinary, and what truly sets him apart from other lawyers in the competition is his active and thorough involvement in cases.'
- ‘Pérez-Llorca's practice is distinguished by its large and highly skilled team of excellent lawyers, enabling them to handle highly complex matters with great expertise. This capability positions them as a leading firm in both large-scale transactions and the mid-market segment, where they offer the same level of service as in large-scale cases.
- ‘Full involvement of the practice partners, beyond what is typical in other firms. These are teams in which the partner leads and mentors, in a master-apprentice relationship.’
- ‘Javier García Marrero - excellent command of insolvency proceedings in particular and procedural law in general, with outstanding skills in oral trials.’
- ‘Exceptional service, both professionally and personally.'
- ‘The professionalism and specificity of the subjects in which they have intervened, as well as the speed in addressing the issues to be discussed.’
- ‘Laura Ruiz is a highly skilled professional who has been involved throughout the entire project process, contributing various alternatives to enhance the professional strategy.’
- ‘A dedicated and fully available team. Excellent technical quality, proactive approach, and immediate responsiveness.’
- Alignment with the client's needs and objectives. Knowledge of and adaptation to the specifics of the client's operation and scope of action. Constant availability and attention. Pragmatism: seeking solutions/alternatives to achieve the established objectives.
- The areas where you can gain the most added value from external teams or offices lie in ensuring smooth coordination that strengthens cohesion between internal and external teams, as well as in integrating technology to streamline processes and enhance team performance.
Key clients
- Royal Caribbean
- Acciona
- Abertis
- Inapa Distribución de Papel
- Aareal Bank
- Deutsche Bank AG
- JCS Spain Triple Net Beta SL (Grupo Cojab)
- Globalcaja
- Travis Capital
- Comsa
Work highlights
Provided legal advice in connection with restructuring the financial debt of Famosa Holdings, S.L. and its subsidiaries, in parallel with the restructuring transaction initiated in Italy by its shareholder.
Advising the Royal Caribbean Group on the insolvency proceedings of the companies of the Pullmantur Group, of which Royal Caribbean owns 49%.
Acted as legal counsel to Tikehau Capital in connection with the restructuring of certain senior notes issued by Yaba, an aggregator company for digital-native brands that sell via Amazon.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Javier García Marrero
Other key lawyers
Laura Ruiz; Cosme Colmenero; Isabel Villa; Javier Celorio