Tax Department

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What the team is known for Garners significant praise from both peers and clients for its work on transactional tax matters. Handles global mergers, energy sector M&A transactions and private equity investments. Advises on the tax aspects of both equity and debt capital markets mandates for underwriters and major Spanish corporates. Engages in considerable matters regarding debt or asset acquisitions in the real estate sector. Also handles tax litigation matters, representing international companies in administrative and criminal proceedings.

Strengths"They are committed and efficient," states one client, adding: "They are business-oriented without losing sight of the legal and technical parts."

Clients also laud the firm for its problem-solving abilities. One client notes: "When there is any obstacle or issue in the process, they always try to find a balanced solution." Another source says: "They are able to put themselves in the shoes of an investor and structure deals in a way that makes them commercially viable."

Work highlights Acted for Cerberus on structuring its acquisition of a significant part of BBVA's real estate business. The firm assisted with the acquisition of an 80% stake in joint venture company Divarian Propiedad.

Notable practitioners

Alejandro Meca is a well-respected practitioner who has experience advising private equity houses, financial institutions and domestic and international corporations. He acts on the tax aspects of cross-border M&A, capital markets and real estate transactions. One client notes: "He provides clear advice and is solution-oriented." Another interviewee says: "He gets what the client is looking for and is very personable."

Department head Javier García-Pita is well versed in the structuring of corporate transactions and financial products. He also leads the firm's contentious tax mandates. Clients appreciate that his considerable experience gives him the "ability to assess alternatives based on the outcomes of previous inspections or previous solutions provided."