Linklaters regularly advises creditors, investors, portfolio companies, distressed debtors, and administrators on a wide range of restructuring and insolvency matters. Co-leading the practice are Francisco Sainz Trápaga, who handles financing transactions, refinancings and debt restructuring; global banking and finance department co-head Ben Crosse; banking specialist Juan Barona, who is also noted for his experience in the restructuring of financial debt of companies; Begoña Martínez, a contact for refinancings and financial debt restructurings; Borja Fernández de Troconiz, who excels in bank litigation and insolvency proceedings; and Alex Ferreres. Luis Valdenebro left the firm in June 2025.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®

Testimonials

Collated independently by Legal 500 research team.

  • ‘Linklaters not only provides practical experience, but is also capable of creating tailored solutions as required by the restructuring/operation in each case. They understand the business's red lines, invest time in understanding the details of the transaction to best advise their client, and make their international offices available to the client.’
  • ‘The closeness, the experience in real operations around the world, the empathy and the local knowledge they have of each client set the team apart.’

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Ben Crosse
Ben Crosse
Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Francisco Sáinz-Trápaga
Francisco Sáinz-Trápaga
Practice head

Francisco Sainz-Trápaga; Ben Crosse; Juan Barona; Begoña Martínez; Borja Fernández de Trocóniz; Alex Ferreres