Restructuring/Insolvency: Insolvency - Spain
What the team is known for
Simmons & Simmons is an international firm with an established Madrid insolvency team that attracts attention for work predominantly on the creditor side of major insolvency proceedings. The team assists with the defence of Spanish banks' and international lenders' positions in insolvent Spanish companies operating in the real estate, construction and manufacturing sectors. The firm has notable experience in distressed debt trading, clawback actions and the enforcement of mortgages.
Work highlights
Simmons & Simmons advised SAREB on its EUR200 million claims in the insolvency proceedings of three companies.
Notable practitioners
Andrés Mochales is a popular choice for banks and regularly defends their interests in significant insolvency proceedings. "Andrés has a lot of experience."