Restructuring/Insolvency

Clifford Chance is consistently instructed on major restructuring and refinancing operations in Spain. The law firm acts for an impressive range of creditors, including top local and international banks. It also wins instructions to act for debtors, notably Spanish companies looking to refinance corporate debt. The team is well-versed in complex insolvency proceedings occurring under Spanish law, with a track record advising local and international creditors on high-value and high-profile Spanish insolvencies.

Interviewees note that "the Clifford Chance team has high technical skills and manages relationships in a great way."

Acted for Codere on a restructuring agreement with a committee of bondholders.

Market commentators remark that Iñigo Villoria "has a very profound knowledge of restructuring and litigation." He is well placed to advise on complex contentious insolvency mandates, also handling acquisitions of distressed assets, liquidation processes and pre-insolvency homologation procedures.

Rodrigo Uría draws on his extensive banking and finance experience to advise on substantial debt restructuring and refinancing mandates. He acts for prominent financial institutions as well as for distressed local companies.