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City scape of Madrid during the day
City scape of Madrid during the day

Spain

Allen & Overy opened the Madrid office in 1991, at a time when the sophistication of the Spanish market, which reflected a simultaneous growth in the country's economy, required a quality focus, with national excellence and international reach.

Over the last 25 years, Allen & Overy has become one of Spain’s leading legal practices, providing high quality and innovative advice to steer complex transactions to a successful conclusion.

Based in Madrid and Barcelona, our lawyers have both international experience and an in-depth knowledge of the local market. We can leverage the resources and skills of a highly integrated worldwide network. Our office is led by 15 top-tier partners, each of whom has an exceptional track record of success and achievement across a range of industry sectors, supported by a dedicated team of experienced lawyers.

Our clients are our top priority and they include financial institutions, public entities, high profile Spanish companies and international corporations with interests in Spain and beyond.

As a global elite practice, Allen & Overy is at the cutting edge of international legal and commercial insights. Our teams are able to offer our clients the support and advice needed to succeed in the changing national and global markets.

Our experience

Antitrust and European Law

Antitrust and European Law

Telefónica on its appeal before the General Court of the European Union against an European Commission decision by which a EUR66.8m fine was imposed for an alleged non-compete arrangement with Portugal Telecom.

Banking/Finance and Capital Markets

Banking/Finance and Capital Markets

Bank of America Merrill Lynch as arranger in respect of EUR600m facility to fund a convertible loan from Primefin S.A. to El Corte Inglés S.A.

Corporate

Corporate

Banc Sabadell on the public takeover offer for TSB Banking Group, the British-based bank.

Employment

Employment

One of the main international players in the aluminium sector on the collective dismissal processes linked to the closure of two factories and on a temporary collective suspension of employment process in another manufacturing plant. Our advice has included, among others, enquiries, preparation of the required documentation, assisting on the negotiation with the works councils and trade unions, communication with the public authorities and judicial proceedings before courts.

Litigation and Arbitration

Litigation and Arbitration

Numerous international investors in solar, thermal, wind and hydro projects worth several billion Euros in ICSID and UNCITRAL claims under the Energy Charter Treaty arising from changes in Spain’s regulation of renewable energy.

Public Law

Public Law

One of the largest operators of telecommunications on all regulatory matters including access and connection conflicts, radio-electrical public domain, media, and other areas. Our advice includes consultations, administrative proceedings before the CNMC and the Ministry and contentious administrative proceedings before the courts.

Tax

Tax

UBS/SNB on the tax aspects related to the competitive process under which this company sold a portfolio of instruments of the mortgage market, real estate and other assets to the international fund Centerbridge.

Our offices

Barcelona
Madrid

News & insights

Publications: 27 NOVEMBER 2019

New remuneration for renewable energy in Spain

More favourable treatment seeks to avoid the initiation of new arbitration proceedings and to terminate existing ones

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Silvertown tunnel

News: 26 NOVEMBER 2019

Financing of approximately GBP1 billion for Silvertown Tunnel reaches financial close

Allen & Overy has advised a consortium involving Aberdeen Standard Investments, BAM PPP PGGM, Cintra, Macquarie and SK Group in connection with the design, building, financing, maintenance and operation of the Silvertown Tunnel, a twin-bored tunnel under the River Thames between the Greenwich peninsula and Silvertown. Through the ownership by the consortium of RiverLinx Limited, Silvertown is being developed as a public-private partnership with TfL.

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Green plugs

Publications: 26 NOVEMBER 2019

New remuneration regime for renewable energy production in Spain

Approval of the Royal Decree-law 17/2019 setting out the new remuneration parameters for the electric system

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Publications: 22 OCTOBER 2019

It will be easier to prove Tax Residency: amendment to the Spanish Non-Residents Income Tax Regulation

Last 19 October the Spanish Official Gazette published the Royal Decree 595/2019, of 18 October, which amends the Spanish-Non-resident Income Tax (hereinafter, NRIT) Regulation, passed by the Royal Decree 1776/2004, on 30 July. This amendment entered into force on 20 October.

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We provide a broad range of sophisticated legal services, while being fully integrated within the Allen & Overy network to meet the global needs of our clients.

Media contact

Patricia Rasquin
Patricia Rasquin

Head of Marketing, BD and Comms

Madrid

Madrid