Pérez-Llorca advised investment firm Blackstone Group on the acquisition of a majority stake in real estate investment trust (or Socimi in Spanish) Testa Residencial.
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Though major firms in Spain and Portugal are implementing artificial intelligence (AI), doubts persist about the technology, with some managing partners saying it performs like a ‘bad associate’
Significant M&A activity in the infrastructure, real estate and energy sectors means confidence among lawyers regarding deal flow for the next 12 months is high
Though major firms in Spain and Portugal are implementing artificial intelligence (AI), doubts persist about the technology, with some managing partners saying it performs like a ‘bad associate’
Pérez-Llorca has recruited competition partner Juan Jiménez-Laiglesia from EY Abogados.
Surge in corporate and litigation work, as well as drives to increase efficiency, results in corporate law firms in Spain and Portugal experiencing revenue increases of up to 20 per cent
Uría Menéndez and Clifford Chance acted for private equity fund Advent International on the sale of a 45 per cent stake in Maxam to fellow private equity firm Rhône Capital.
Freshfields Bruckhaus Deringer is advising Hochtief – a major shareholder in Abertis Infraestructuras (Abertis) – on the sale of Abertis’ 29.9 per cent stake in Cellnex Telecom to Edizione for €1.5 billion.
The issue of technology will mould the future of law firms as many struggle to innovate – indeed, some will look for mergers as a way of effectively adapting to the digitalisation of the economy
Investors are battling for the best assets in Iberia and this is generating plenty of work for lawyers, but such work is not always as profitable as law firms would like
