For many around the world, Bernardo Cremades is the most public face of Spain's arbitration community. At home he promoted the reform of what was then an outdated arbitration regime and supported the launch of the Club Español del Arbitraje. As he marks his 40th year in practice, the man who is often seen as the godfather of international arbitration in Spain is clearer than ever about the challenges ahead for arbitration.
For a managing partner, Hugo Écija exudes rare confidence in these times. The reason being that his firm Écija is about to enter a bold new stage. It has felt relatively little impact from the finance-led economic crisis, he says, and in the face of which the firm continues to grow, is about to expand internationally – to Miami – and has begun building a new kind of international legal network.
The international focus and reach of Miranda Correia Amendoeira continues to make it stand out among its peers, even though many other Lisbon-based firms are looking to copy its lusophone strategy, says managing partner Rui Amendoeira.
Ashurst’s pre-emptive emphasis on distressed debt and refinancing issues has helped shape not only its response to the global downturn in M&A and leveraged transactions, but also strengthened the firm’s focus towards the domestic Iberian market, says Madrid managing partner Gonzalo Jiménez-Blanco.