Generali’s Iberian corporate reorganisation: advisors
Clifford Chance advised Generali on the corporate reorganisation of its group in Spain and Portugal following the acquisition of Liberty Seguros, with Morais Leitão involved on Portuguese law matters. The reorganisation was implemented, among other transactions, through the merger of its two insurance companies in Spain and a crossborder partial division of the Portuguese branch business of one of these companies in favour of Generali’s Portuguese insurer (Generali Tranquilidade).
Clifford Chance’s advice covered all legal and regulatory aspects of the reorganisation, including corporate steps and the relevant authorisation or non-opposition procedures before the competent regulatory authorities. The reorganisation incorporated innovative mechanisms, such as the crossborder division.
The Clifford Chance team advising Generali on this transaction was led by counsel Miguel Barredo and
associate María Viñas (both pictured), with support from senior associate Juan Valcárcel and of counsel Javier García de Enterría. Counsel Fernando Escribano provided tax advice.
The Morais Leitão team was led by partner Margarida Torres Gama and managing associate Marta Pereira Rosa, with support from partner Eduardo Paulino, principal associate Nuno Sobreira and associate Maria Lobo Vilela. Partner Maria Gouveia advised on Portuguese tax law matters and partner Rita Ferreira Vicente on real estate matters.
On the picture, Miguel Barredo, María Viñas, Margarida Torres and Marta Pereira.
