Restructuring/Insolvency: Insolvency
Europe Guide 2024 : Spain
Band 3
Email address
[email protected]Contact number
+34 91 451 9300About
Provided by CMS
CMS Albiñana & Suárez de Lezo is recognised by Chambers Europe as a leading firm in insolvency law and restructuring in Spain, specialising in the handling of insolvencies and providing advice to both debtors and creditors on restructuring and insolvency proceedings.
Our team comprises experts on insolvency law and other areas of practice which have an impact on restructuring (tax, corporate and administrative law), who stand out due to their vast knowledge on the particular features of key economic sectors. This enables us to understand how the company works, providing an essential element to drive success in restructuring or insolvency proceedings.
When the client is the debtor, we analyse their financial situation and design the most pertinent legal strategy to help them achieve their goals and guide them throughout the entire proceedings, from the petition for insolvency (voluntary or involuntary) to the proposal of arrangements, insolvency cases or, where applicable, liquidation and defence against the ruling of liability for insolvency.
Moreover, we advise clients such as creditors in insolvency proceedings, ensuring efficient communication and executing the corresponding securities where required.
The CMS Insolvency and Restructuring department is present in 34 countries and 60 cities, advising both domestic entities and international groups in complex cross-border issues.
Chambers Review
CMS routinely assists Spanish companies and their creditors with litigious issues arising from insolvency situations. The team is well-placed to represent debtors in both compulsory and voluntary insolvency proceedings. It assists banks and trade creditors with the presentation of claims against insolvent companies. CMS also defends creditors against cases brought by insolvency administrators.
Work Highlights
- CMS advised ITEK on its EUR260 million debt restructuring.
Strengths
Provided by Chambers
"They are excellent and following up throughout the process. They have a large number of qualified professionals and are very agile in response and action. The client always has the priority and they help you see more of a business vision."
"The immediacy of response is characteristic of this firm. They have a lot of knowledge and ability."
"They are excellent and following up throughout the process. They have a large number of qualified professionals and are very agile in response and action. The client always has the priority and they help you see more of a business vision."
"The immediacy of response is characteristic of this firm. They have a lot of knowledge and ability."
Notable Practitioners
Juan Ignacio Fernández Aguado has extensive experience in the insolvency field. He offers substantial experience in contentious insolvency issues, with particular activity on debtor-side mandates.
Ranked Lawyers at
CMS
Spain
Members
Provided by CMS
Elisa Martín
Head of Department
