The practice group at Herbert Smith Freehills Kramer LLP is equipped to handle corporate and debt restructuring, debt rescheduling, bond restructurings, the acquisition of distressed debt, disposals and insolvency proceedings. The team is a trusted resource for domestic and international financial lenders alike. Leadership is shared between corporate law specialist Nicolás Martín; finance-focused Armando García-Mendoza; and Jaime de San Román, who specialises in pre-insolvency and insolvency matters within a transactional and contentious framework. Also noted are Javier de Carvajal, who is active in dispute resolution and insolvency matters; and Marta Rey, who focuses on litigation, restructuring, pre-insolvency and insolvency law.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘They possess a strong combination of financial and procedural expertise, enabling them to conduct specialised restructuring litigation. Jaime de San Román is a promising young partner with growing market visibility due to his technical knowledge and excellence.’
- ‘Technical knowledge, experience, tailored to the client. Marta Rey and Javier de Carvajal stand out.’
- ‘Multidisciplinary team, agile, practical and flexible to the client's needs. Strong technical expertise in insolvency and financial law.’
- ‘Long-term vision with the ability to assess innovative solutions aimed at changing court trends.’
- ‘In-depth technical knowledge and up-to-date case law.’
- ‘Full availability and high qualifications. Agility and flexibility in approaching different problems.’
Key clients
- Banco Santander
- Nozar
- CaixaBank
- Exterior Plus
- Oaktree
- Bankinter
- Industrias Cárnicas Castellanas
- Magnum Industrial Partners
- Waterfall Asset Management
- Famosa
- Bain Capital
- Actividades Logísticas Centralizadas
Work highlights
Advised Banco Santander and Banco Sabadell on their position as dissenting lenders in the court-driven restructuring process of Naviera Armas, a leading company of the maritime sector in Spain.
Advised Nozar on negotiations with Banco Santander and Natwest (formerly RBS), connected to a restructuring agreement in the context of the Nozar insolvency proceedings.
Advised a pool of banks led by CaixaBank, Banco Santander and BBVA on the c. €63m restructuring of the short-term and long-term indebtedness of the PEVASA group.
Lawyers
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Nicolás Martín; Armando García-Mendoza; Jaime de San Román
Other key lawyers
Javier de Carvajal; Marta Rey