![Manuel Echenique](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2019/04/MAN.png)
Commercial, corporate and M&A
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
![Manuel Echenique](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2019/04/MAN.png)
Hall of fameClifford Chance LLP
Jaime Velázquez specialises in M&A and corporate finance, mainly focused in regulated sectors such as financial, infrastructure, telecoms or energy sectors. Jaime has been the Legal Counsel for the Spanish Inland Revenue in Cataluña, Secretary of the Board of Directors and Legal Counsel for the State-owned Bank (ICO), Secretary of the Board of Directors of a private equity house (Axis S.G.E.C.R., S.A.) and General Secretary and Secretary of the Board of the Telecommunications Market Commission. Jaime leads the Clifford Chance Industrial and Financial Institutions groups in Spain.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
![Ignacio Aparicio](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/07/24953_1178302.jpg)
![Javier Carvajal](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/07/13017_1128383.jpg)
Pérez-Llorca
Javier Carvajal specialises in takeover bids, M&A transactions, private equity, corporate restructurings, joint ventures and IPOs. He advises national and international groups on transactions in the energy, infrastructures, financial and industrial sectors.
![Iván Delgado](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/07/13017_1099047.jpg)
Pérez-Llorca
Iván Delgado advises national and international clients on corporate, M&A and private equity transactions. He advises on acquisitions of minority and controlling shareholdings, leveraged acquisitions on secondary buyout proceedings, and public to private transactions.
![Guillermo Guardia](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2024/04/Guardia_Guillermo_publication.jpg)
Clifford Chance LLP
Guillermo Guardia has broad experience in international mergers and acquisitions, private-equity and joint-venture transactions.
Guillermo has also advised several national and international financial institutions and corporations on acquisition finance, corporate financing and project finance transactions both in the energy and in the infrastructure sector.
![Ignacio Pallarés](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/07/18634_1188103.jpg)
Latham & Watkins LLP
Ignacio Pallarés advises private equity funds and leading Spanish companies on all aspects of corporate law, with a particular emphasis on complex, cross-border M&A.
Mr. Pallarés draws on a sophisticated understanding of the local market and long-standing client relationships spanning multiple industries to execute:
Private equity investments in Spanish targets
M&A transactions in Spain involving Spanish companies
Cross-border transactions for Spanish multinational clients
He approaches client relationships with an eye toward long-term growth and crafts strategic solutions that resonate across markets. Mr. Pallarés leverages his commercial pragmatism to help clients anticipate and address issues that may arise during negotiations.
![Pedro Pérez-Llorca](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/07/13017_1144420.jpg)
Pérez-Llorca
Pedro Pérez-Llorca's corporate practice has a strong international dimension, focusing on public and private M&A, large private equity investments, public takeovers and finance matters. He has been involved in the most significant transactions in Spain and those with a Spanish component, including the largest public takeover, the largest cross-border merger and the largest privatisation and IPO in Spain.
![Javier Villasante](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2024/02/JVF_word.jpg)
![Rafael Suárez de Lezo](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/07/10430_1212640.jpg)
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
![María José Descalzo](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/07/18634_1215059.jpg)
Latham & Watkins LLP
María José Descalzo is a partner in Latham & Watkins’ Madrid office and a member of the firm's Corporate Department. Ms. Descalzo has extensive experience representing domestic and international companies, investors, and private equity firms on a variety of energy-related M&A, joint ventures, IPOs, and project finance matters.
![Carmen Reyna](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/07/13017_1144421.jpg)
Pérez-Llorca
Carmen Reyna is an expert in mergers and acquisitions and private equity. She advises national and international clients on all types of private equity deals. She has participated as a legal advisor, in minority and majority share acquisitions (MBOs, MBIs and BIMBOs) and in settled acquisitions (LBOs, LBIs and LMBOs).
Leading associates
Rising stars with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
![Jorge Martín](/cdn-cgi/image/width=256/https://www.legal500.com/wp-content/uploads/sites/13/2023/10/Jorge-Martin-CV.png)
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