Restructuring/Insolvency: Insolvency
Europe Guide 2024 : Spain
Band 4
About
Provided by Deloitte Abogados y Asesores Tributarios, S.L.U.
Deloitte Legal added value comes from our general understanding of the insolvency and restructuring law. We believe a company in crisis will need different services adapted to its particular situation, thus, we are present in every moment of such process: the decision agreement, through assessment and negotiation, we act in preliminary crisis’ status, during restructuring or insolvency processes, we help companies reach creditors’ agreements and, in liquidation phases.
Deloitte´s Legal Restructuring and Insolvency team with more than 10 lawyers, led by Cruz Amado, provide multidisciplinary advice, as the following:
1. For the company in distress
2. For the purchaser of a company in distress
3. For the creditor of a company in distress
4. For the shareholders/directors
5. Acting as bankruptcy trustee/s
6. Issuing certificates for approval of refinancing agreements
Chambers Review
Deloitte Legal has an established team standing out for its regular appointment as insolvency administrator in high-profile cases. The law firm also acts as counsel on a range of transactional and contentious matters, including the filing of claims for trade creditors and advice to the board members of companies in distress. Its client base includes prominent Spanish companies from the travel, healthcare and agriculture sectors.
María de la Cruz Amado de la Riega heads the department and is a key contact for this practice area.
Work Highlights
- Deloitte Legal assisted Triodos Bank in its role as creditor of several companies entering restructuring to avoid insolvency.
Strengths
Provided by Chambers
"They are very strong in understanding and focusing on objectives."
"They have a great team and knowledge for especially complex matters. The team with which we collaborated was perfectly sized for the project."
"In complex and challenging insolvency cases, their ability to devise innovative solutions has been instrumental in reaching resolutions that benefit us as clients."
"They are always there when you need them. They have a clear vision, powerful execution, and extensive knowledge."
"They have outstanding knowledge and proactivity in assessing risks and exploring possible outcomes. They are excellent for availability."
"They are very strong in understanding and focusing on objectives."
"They have a great team and knowledge for especially complex matters. The team with which we collaborated was perfectly sized for the project."
"In complex and challenging insolvency cases, their ability to devise innovative solutions has been instrumental in reaching resolutions that benefit us as clients."
"They are always there when you need them. They have a clear vision, powerful execution, and extensive knowledge."
"They have outstanding knowledge and proactivity in assessing risks and exploring possible outcomes. They are excellent for availability."
Members
Provided by Deloitte Abogados y Asesores Tributarios, S.L.U.
Cruz Amado
Head of Department
Francisco Mayor
Ignacio Echenagusia
Sharon Izaguirre
Silvia García