Ius+Aequitas and Accuracy create joint venture to lead restructuring in Spain
The international financial and strategic consulting firm Accuracy, which has carried out the restructuring of large European companies such as Atos, Conforama or Korian, and the legal boutique Ius+Aequitas Trial Lawyers, recognized for having led numerous emblematic insolvencies in Spain such as Dentix, Ausbanc, the mining company NMR, Vértice 360º; have announced the creation of a joint venture to act jointly in the area of restructuring in Spain.
Image: IUS+Aequitas and Accuracy team. Eliseo M. Martínez, managing partner of Ius+Aequitas Trial Lawyers (third from top) and Eduard Saura, managing partner of Accuracy in Spain (bottom center).
Accuracy Ius Aequitas Restructuring SLP
The new vehicle, ‘Accuracy Ius Aequitas Restructuring SLP’, will be focused on offering advisory services in corporate restructuring, in particular as a “Restructuring Expert”, a newly created figure included in the revised text of the Insolvency Law in force since September 2022.
Eliseo M. Martínez, managing partner of Ius+Aequitas Trial Lawyers, highlights the strategic value of this new partnership: “This exciting alliance reinforces our ability to offer even more robust solutions in the pre-bankruptcy and restructuring fields. By combining Accuracy’s deep economic knowledge, not only in Spain but also in most of the most relevant jurisdictions worldwide, with our two decades of experience acting in the insolvency field, we are confident that we can offer companies and institutions an innovative approach based on the rigor, objectivity and mediating approach to the different stakeholders that the insolvency reform seeks. With this, we want to continue to be a reference in a constantly evolving market”.
Eduard Saura, managing partner of Accuracy in Spain, points out that “after the reform of the Insolvency Law, there is a need for firms with experience, independence and reputation to facilitate the restructuring process of companies in difficulty, offering a 360º solution that seeks the optimal solution for all stakeholders. Our alliance with Ius+Aequitas allows us to enter with a first class partner in a sector in which our firm has great expertise at an international level. At Accuracy we have a long track record advising companies in restructuring processes in other global markets and for us it is a very important milestone to launch this service in Spain”.