Spain

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.

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.

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

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.

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.

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.

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.