Restructuring/Insolvency: Barcelona | Europe

Cuatrecasas has a leading restructuring and insolvency team in Barcelona. The firm is regularly instructed by Spanish debtors or their private equity owners to handle formal insolvency processes, including those that require judicial approval for the sale of production units. The firm advises Spanish corporates on negotiations with bank lenders for the refinancing or restructuring of debt. The team also has demonstrable experience on the creditor side of debt restructuring, acting both for bank lenders and for hedge funds on high-value mandates.

Garrigues is an outstanding Spanish firm with the proven capacity to handle diverse restructuring and insolvency mandates from the Barcelona office. The lawyers advise debtors on court-approved schemes of arrangement in order to secure the pre-insolvency restructuring of debt. The team has experience acting in insolvency and foreclosure proceedings on behalf of international corporates. The firm has additional experience enforcing creditor interests against Spanish debtors, with a client list that comprises major asset managers and banks.

AUGUSTA ABOGADOS rises in the rankings on the basis of a strengthening practice in the area of insolvency. The lawyers are regularly appointed as administrators and receivers in regional and national insolvency cases. The firm also assists smaller Spanish corporates with debt restructuring. It offers additional expertise in M&A transactions relating to insolvent entities.

Uría Menéndez acts for major banks on the restructuring of debt in Spanish infrastructure and construction companies. It assists companies with amendments to existing loan agreements, and it negotiates new loans to refinance corporate debt. Key lawyers have further experience in the sale of production units on behalf of insolvent companies. The team has experience working with banks and investment funds, as well as clients in the hospitality industry.

RocaJunyent is an important Catalan firm with experience on the debtor and creditor sides of significant insolvency proceedings. Key individuals possess additional experience acting as court-appointed bankruptcy administrators. The firm has experience advising clients from the manufacturing, construction and hospitality industries.

AGM Abogados enters the rankings this year on the basis of a strong practice in restructuring and insolvency. The law firm stands out for its practice as insolvency administrators, with extensive experience in insolvency proceedings, as well as distressed M&A and debt restructuring. The law firm has experience working with clients in several industries, such as manufacturing, real estate and technology.

Baker McKenzie assists international investors with the acquisition of distressed assets or with issues arising from the insolvencies of global companies. The firm has experience on the debtor side of court-sanctioned restructuring processes. The firm advises clients from the healthcare industry, as well as the hospitality and automobile industries.

Key lawyers in Fieldfisher's Barcelona office accept appointments as administrator and also act as debtor counsel on Spanish insolvencies. The firm has advised on cases that require the implementation of collective redundancies and it has handled cases in which business activities are preserved through the sale of production units.