N&C represents shareholders group in Abengoa´s restructuring

Navas & Cusí is representing Abengoa´s shareholders group Abengoa Shares against the company´s restructuring plan

The Abengoa Shares platform, which represents some 800 shareholders in the Andalusian company that account for almost 10 per cent of the shares, has hired law firm Navas & Cusí to defend its interests in the recent restructuring plan presented by Abengoa.

According to the agreement reached between Abengoa and the creditor banks, with the participation of the government through the ICO (Official Credit Institute), there will be a dilution of the current shareholders from the current 77 per cent to 2.7 per cent of the new Abengoa, called Abenewco1. The platform considers the share dilution excessive, unjustified and unfair with respect to the efforts made by Abengoa’s investors in recent years.

Navas & Cusí Abogados is helping Abengoa Shares with a team led by founding partner Juan Ignacio Navas Marques (pictured left), including lawyer Fernando Navas (pictured right), and the participation of all the teams from their Brussels and Madrid offices.

N&C represents shareholders group in Abengoa´s restructuring

Desire Vidal


Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram