Spain

About

Our Madrid office was established in March 2013, now celebrating more than 10 years in the Spanish market.

The Spanish team offers a unique blend of domestic and cross-border expertise, especially in M&A, Capital Markets, Banking Finance, International Arbitration, Commercial Litigation and Regulatory. Our full practice capabilities are highly appreciated by the Spanish clients, and is also a key piece in cross-border multinational deals. In addition, we offer a unique combination of UK/US/Spanish M&A law counsel on the ground in Spain.

Our Spanish team plays an important role as the link between the Firm's Latin American and European practices. The majority of our practitioners are trained in more than one jurisdiction, and clients consider this a major asset. The Spanish team works on a broad range of legal matters, including complex corporate and financial transactions with cross-border aspects. We have been involved in some of the largest and most sophisticated transactions in the local market for the last 10 years.

 

AWARDS & RECOGNITION

"They know their clients and what is expected of them. It translates into a work environment that is technically demanding but always cordial and relaxed".
"White & Case understands the business needs and works closely with us to meet our expectations and outcomes".
"They can navigate complex matters and provide creative and solid solutions".
"They are truly focused on their client and would do the utmost to meet their client's needs".
Chambers Europe 2023

Experience

RECENT HIGHLIGHTS

Representation of Abu Dhabi Future Energy Company (Masdar), Abu Dhabi's leading renewable energy company on the formation of a joint venture with Spanish listed multinational electric utility company Iberdrola group to jointly develop and operate project "Baltic Eagle", a 476 MW offshore wind farm located in the German Baltic Sea near the island of Rügen and valued at approximately €1.6 billion.

CaixaBank, S.A., a leading Spanish bank listed on the Madrid Stock Exchange, as issuer in the issue of €1,250,000,000 Additional Tier 1 Preferred Securities listed on AIAF (Spain's regulated fixed-income market).

Representation of Morgan Stanley Infrastructure Partners (MSIP) on the acquisition of 100% of the shares in Valoriza Servicios Medioambientales, S.A. (Valoriza) from Spanish construction group Sacyr S.A. (Sacyr) for a total consideration (enterprise value, including debt) of €734 million.

Representation of Swiss Life Asset Managers and AXA investment Managers on the financing for the acquisition of Lyntia Networks from Antin Infrastructure Partners.

Representation of the senior lenders, including multilateral lenders, development finance institutions and a syndicate of commercial banks, BNDES (Brazil´s national development bank) in the project financing of the approximately US$ 3 billion apoSao Paulo Metro Line 6 in Brazil. This is the first-ever limited recourse financing of an infrastructure PPP project in Brazil by BNDES and is currently the larges PP project under construction in Latin America.

Representation of Univar Solutions, Inc., a portfolio company of Apollo, together with lead counsel Paul, Weiss, Rifkind, Wharton & Garrison LLP, in connection with the establishment of an asset-based credit facility consisting of aggregate commitments totaling $1.4 billion. Univar is a leading global distributor of commodity and specialty chemicals and ingredients and services customers across a wide range of diverse industries.. The financing included assets of various operating subsidiaries of the Borrower located in Belgium, Spain, Ireland, Netherlands and the United Kingdom.

Represention of Punto Fa, S.L., the company trading as Mango, in securing the dismissal of a lawsuit based on alleged breaches of intellectual property rights of pieces of art created by well-known Spanish artists.

Representation of a tech multinational company in relation to an internal investigation regarding potential internal policy and antitrust law violations by its Spanish and Portuguese subsidiaries.

Representation of a leading company in the Spanish electricity sector in a LCIA arbitration regarding the costs incurred in the shipping of liquefied natural in accordance with a New York-law governed long-term sale and purchase agreement*.

Representing Mitsui in an ICSID arbitration against the Kingdom of Spain under the Energy Charter Treaty ("ECT"), in a dispute arising out of Spain's changes to the regulatory regime for renewable energy projects. Case pending.

Representing Telefónica in an ICSID arbitration against the Republic of Colombia under the Spain-Colombia BIT, in a dispute relating to a concession agreement for mobile telephone services. Case pending.