Garrigues
Client SatisfactionWith a robust and comprehensive practice in restructuring and insolvency, the team at Garrigues provides advice on insolvency proceedings from both a debtor and a creditor’s perspective. The group is adept at pursuing solutions both in and out of court, handling various aspects such as debt rescheduling, asset sales in distressed scenarios, security enforcements, DIP financings, debt trades, and distressed M&A transactions, among others. The client base includes banks, private equity and hedge funds, corporates, boards of directors, and insolvency practitioners. Clients also commend the team for its ‘excellent knowledge of the new bankruptcy law’. Adrián Thery leads the practice and brings considerable experience in advising on restructuring processes for entities across diverse industries, including shipping, real estate, banking and finance, hospitality, and healthcare. Juan María Jiménez and Borja García-Alamán are both recognised for their ‘excellent technical knowledge’. Juan Verdugo is noted for his proficiency in the refinancing of distressed companies, NPL deals and distressed transactions.
Testimonials
Collated independently by Legal 500 research team.
‘The team's unique approach has consistently set them apart. Their deep-rooted understanding of client needs combined with their innovative strategies provided invaluable advisory, ensuring our operations flowed seamlessly. Their dedication to the services they provide showcases Garigues as a leading force in financial advisory services.’
‘The individuals at Gariguess stand out due to their unmatched dedication to precision and client-focused solutions. What truly differentiates them is their ability to tailor strategies to each client's specific needs, backed by an in-depth understanding of the industry and evolving trends. We especially value Garrigues' innovative mindset, exceptional analytical prowess, and an unwavering commitment to continuous learning and collaboration.’
‘Knowledge and practice in all aspects of restructuring. The best team in Spain for this matter.’
‘Excellent knowledge of the new bankruptcy law. Great command of numbers and class formation in an extremely complex structure. Absolute availability in a very tight deadline process.’
‘Juan María Jiménez and Borja García-Alamán - excellent technical knowledge.’
Key clients
- SAREB or Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. (Spanish ‘bad-bank’) [re Reyal Urbis]
- SAREB or Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. (Spanish ‘bad-bank’) [re Eroski]
- Naviera Armas S.A., Bahía de las Isletas S.L.U. and other companies pertaining to their group
- Zurich Insurance PLC, Liberty Mutual Insurance, Zurich North America, Fidelity, AIG Puerto Rico, Nationwide, Atlantic Specialty Insurance Company, RLI Insurance Company, Zurich Insurance, PLC Niederlassung für Deutschland [re Abengoa]
- Metric Capital Partners LLP.
- MV Credit Partners
- Urbanizadora Constructora Nuevo Madrid, S.A. (“Urconsa”), Jigarsa, S.L. (“Jigarsa”) and Urconsa 2003, S.L. (“Urconsa, 2003”)
- Treo Asset Management
- Adveo Group International, S.A. and its subsidiaries
- Cruise Yacht Yardco Ltd (“CY”)
- Obrascón Huarte Laín, S.A (“OHL”)
- SAREB or Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. (Spanish ‘bad-bank’) [re Metropoli Burjasot]
- Corsán Corviam Construcción, S.A. (“CCC”)
- Advent International
- Oquendo IV Eltif SCA SICAV-RAIF – Oquendo IV SCA SICAV-RAIF (“Oquendo”)
- Banco Santander, S.A. [re Delforca]
- Ben Oldman European Asset-Backed Lending, S.A.
- SAREB or Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria S.A. [re-TH Hoteles]
- F2J Industry B.V
- SAREB (Sociedad de gestión de Activos procedentes de la Reestructuración Bancaria - Spanish “bad bank”) [RE: Vipei]
- Oquendo Capital (“Oquendo”)
- Svenson, S.L.U. and its board of directors
- SKF Española, S.A (“SKF”)
- Inzile AB-QEV Tecnologies
- Curlio Investments, S.L.
- Waterfall Asset Management
- Findango Finance
Work highlights
- Assisting Spanish ferry operator Naviera Armas and its group in the design and implementation of a Spanish scheme of arrangement with its lenders an ad hoc bondholder committee.
- Designed on behalf of a subsidiary of Advent an elaborate offer for the purchase of more than 80 dental clinics.
- Advised Metric on pre-insolvency matters, the early termination of a secured loan agreement and compulsory bankruptcy petition of two companies of the THC Group.
Lawyers
Practice head
The lawyer(s) leading their teams.
Adrian Thery