Skip to content

Javier Castresana

Partner

Madrid

Castresana Javier
Javier Castresana

Partner

Madrid

Javier focuses his practice on restructuring and insolvency. Javier has participated in a wide range of restructurings and insolvencies globally. He has taken part in major insolvency proceedings in Spain, such as Martinsa-Fadesa, Marme, Isolux, Habitat, Mediapro, Nozar, Marsans, Noriega, Alteco-Mag Import or Aifos, with an active participation in all of them representing al types of creditors and group of creditors. He is also specialized in the enforcement of all types of securities (with a special focus on financial collateral) and defence of derivative instruments within the context of a preinsolvency or insolvency.

During the last years, Javier has been deeply involved in Spanish Schemes and debt restructuring, where he has also defended at Court the validity of the cram-down vis-a-vis dissenting lenders.

He has also wide experience on civil and commercial litigation regarding financial instruments and documentation.

He usually collaborates, as probono work, with the Spanish DEC.

Javier lectures in insolvency and litigation in the University of Navarre, Universidad Complutense de Madrid and Esade.

Javier is recommended for his excellent work in Chambers & Partners. In 2019 Javier was awarded as Lawyer of the Year in Litigation in the Iberian Lawyer’s Forty under 40 Awards. 

News & insights

Abstract graphic

Publications: 29 MAY 2020

Covid-19 Update: Impact of Spanish Legislation on NPL transactions

The Covid-19 pandemic and its associated economic crisis have triggered a large number of laws and regulations to protect individual and corporate borrowers in Spain that will have an impact on the…

Read more
Exterior of modern high-rise office buildings

Publications: 19 MAY 2020

The Recast Insolvency Law: beyond a mere consolidation

 The Spanish Government passed last week the Recast Insolvency Law. During the last financial crisis, the Spanish Insolvency Law was subject to a very significant number of amendments.

Read more
Allen & Overy graphic

Publications: 01 MAY 2020

Covid-19: Spain unveils urgent insolvency measures to tackle the economic crisis that is to come

New Royal Decree-Law 16/2020, dated 28 April, on procedural and organizational measures for the Administration of Justice after Covid-19.

Read more
Allen & Overy graphic

Publications: 24 MARCH 2020

Covid-19 coronavirus: impact on Spanish commercial lease agreements

Royal Decree 463/2020 (Covid-19 Spanish RD), came into force on Saturday 14 March 2020 and will initially be in force until 28 March 2020 (subject to extensions, which are very likely to take place).…

Read more

Office

Madrid

Allen & Overy
Serrano 73
Madrid
28006

View office →

Qualifications

Professional

Admitted as abogado, Spain, 2005

Academic

Degree, Universidad de Navarra, 2001

Published work

"Refinanciación y Restructuración de Deuda Corporativa en España. Reforma de la Ley Concursal". Revista de Derecho Bancario y Bursátil, April-June 2014.

"La progesiva pérdida del principio de relatividad de los contratos". Diario La Ley, 23 April 2014.

'¿Funcionará la homologación para la refinanciación prevista en la reforma de la ley concursal?'. Expansión, 22 August 2011.