The economic pressures impacting on Spain are helping to change the focus of administrative and public law issues facing many investors and to concentrate more decision-making on the capital, says Jesús Avezuela, Managing Partner
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The economic downturn has put pressures on law firms few Managing Partners could have imagined in the summer of 2007 when the first tremors of the sub-prime crisis emerged. Practice growth has been restricted or non-existent
The downturn affecting Spain and Portugal is not the only driver of the current international expansion of Iberia’s major business, but it is certainly encouraging them to look more carefully at foreign markets, say
A lack of trust is the recurring issue affecting current and planned infrastructure projects across Spain, says Antonio Navarro, finance partner with Broseta in Madrid.
Among the initial responses to the financial crisis in Portugal and Spain was a strong emphasis on project and construction schemes, intended to inject liquidity and momentum into the national economies. New or long-awaited project
The levels of activity in the private equity arena may be down significantly but funds are still being raised and transactions done, says Julio Veloso, partner with Broseta
The issues being presented by clients to Iberia’s restructuring and insolvency lawyers remain consistent, but as the financial crisis evolves their relative weight in the equation might have changed, say many. Significant also has
Despite reports of green shoots in the Spanish economy, many of Madrid’s law firms remain sceptical, but nonetheless optimistic that they can weather the economic storm.
The opening of the Madrid office of Broseta Abogados in 2007 meant a significant strategic leap for the Valencia-based firm, but which has already taken it into new directions says the office Managing Partner, Jesús
As the Jury of the Iberian Lawyer 40 under Forty Awards we are pleased to announce the 2007 Awards winners, presented below, and which were recognised formally at a ceremony in Madrid on 26 September. The Awards recognise