The team at Pérez-Llorca advises on a broad spectrum of restructuring and insolvency matters, covering subordinate claims, refinancings, recapitalisations, insolvency agreements, company liquidations, and asset sale transactions. It counts some of the largest Spanish banks, corporations, and financial institutions among its key clients. The practice is co-chaired by Javier García Marrero, who specialises in advising financial entities on insolvency proceedings, and the ‘excellent’ Juan Oñate, an expert in restructuring transactions, including restructuring agreements. Laura Ruiz is proficient in insolvency litigation cases, while Cosme Colmenero is praised by a client for his ‘great commercial sense’.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Appropriate presentation of the case, with efficient use of resources and with great capacity to inspire confidence in the cases.'

  • ‘The close contact of the partners and the permanent availability of the team. Laura Ruiz provides solid support.'

  • ‘I consider that Pérez Llorca's restructuring and insolvency team is a reference in everything related to company insolvencies.'

  • ‘Juan Oñate: excellent lawyer, always available and with a great capacity for effort and team leadership.'

  • 'Cosme Colmenero: very professional, great commercial sense and adaptation to change. ’

  • ‘What distinguishes this legal practice is its highly efficient management and allocation of resources. This allows excellent advice to be provided at all levels in a very cost-effective manner. In-house attorneys should know that this firm stands out for its ability to offer legal services of the highest quality with an efficiency that is difficult to match. It is a strategic choice that provides exceptional value to companies.'

  • ‘What distinguishes the partners with whom we have worked in this firm (Cosme Colmenero and Juan Oñate) is their first-class technical and business knowledge, comparable to the main firms in Spain, which is accompanied by exceptional involvement and dedication to the issues they work on, always being present and committed. Furthermore, their great commercial sensitivity is a quality that goes beyond the legal; they provide us with valuable contributions on business issues. These qualities make Cosme and Juan stand out significantly and place them in an advantageous position compared to the competition.’

  • ‘Laura Ruiz is very user friendly and experienced.'

Key clients

  • Movida Participações
  • Royal Caribbean
  • Lantania
  • Unicaja
  • Sareb
  • CaixaBank
  • ACS
  • Abertis
  • Comsa
  • Volotea
  • Serviocio, Cultura, Deporte y Recreación
  • Aptimus Capital (formerly Bespoke Capital)

Work highlights

  • Advising the Royal Caribbean Group on the insolvency proceedings of the companies of the Pullmantur Group, of which Royal Caribbean owns 49%.
  • Advising SAREB and Bankia on the framework of the insolvency proceedings of Grupo Pra, a major real estate developers in Spain.
  • Advising Volotea and the company’s current shareholders on the negotiation and execution of the financing agreement and security documents.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Javier García Marrero, Juan Oñate

Other key lawyers

Laura Ruiz, Cosme Colmenero