Practice Expertise
Areas of Practice
- Banking and Finance
- Restructuring and Insolvency
Profile
Jaime is a Senior Associate in the Restructuring & Insolvency department of J&A Garrigues, which he joined as a trainee in 2013. He was promoted to Senior Associate in 2020.
He advises both investors and debtors in out-of-court restructuring proceedings as well as in legal refinancing or insolvency proceedings, whether domestic or cross-border, having participated in some of the most relevant bankruptcies in Spain defending the interests of financial institutions, investment banks, insurance companies, real estate companies, construction companies, venture capital companies and hedge-funds. He has also amassed a wealth of experience in distressed M&A transactions, acquisitions of assets and production units within distressed scenarios, and in the sale and purchase of loan portfolios.
In 2018, Jaime worked as an International Associate in London (United Kingdom) at the British law firm Travers Smith LLP where he was part of the Restructuring and Insolvency (Finance) group. He has been a lecturer of Insolvency Law to students of the law degree at Universidad Rey Juan Carlos.
Jaime's recent professional experience includes:
- Lawyer for a group of internationally renowned insurance companies with 1,400M euros in credits in the only two challenges to the approval of a refinancing agreement that have been judicially upheld by a Spanish court to date: in re Abengoa I ("Stand-Still Agreement") and in re Abengoa II ("Master Restructuring Agreement").
- Lawyer for the shipowner in the restructuring for the amount of 350M euros of a shipyard before the Commercial Court No. 3 of Pontevedra (in re Hijos de J. Barreras).
- Lawyer for the majority of banks with interests exceeding 400M euros in the first insolvency proceedings opened in Spain in relation to a cross-border infrastructure of the high-speed line between Spain and France (in re TP Ferro).
- Lawyer for Agent Provocateur Spain, a subsidiary of the world-renowned British luxury lingerie retailer, with more than 100 international points of sale located in 200 countries, in the design of a strategy that paved the way for the orderly liquidation of the company (in re Agent Provocateur).
- Lawyer for the international real estate giant VGP in the competitive process of acquisition of assets within the liquidation process of the La Naval shipyard, in Sestao (in re La Naval).
- Lawyer for certain Spanish branches of Thomas Cook, a British global travel group that employed approximately 21,000 people worldwide, within its pre-insolvency and insolvency proceedings in Spain (in re Thomas Cook).
- Lawyer for Liberty Mutual Insurance, together with other important insurance companies that held 233M euros in credits in the challenge against the approved refinancing agreement of the Isolux Group (in re Liberty / Isolux).
- Lawyer for Bain Capital Credit and Starwood Capital Group in the purchase and valuation of a series of portfolios composed mainly of non-performing loans backed by real estate (in re Proyecto Amazona [800M euros], in re Wind Project [1,300M euros], in re Project Babieca [700M euros], in re Proyecto Baracoa [800M euros], among many others).
- Lawyer for ProA Capital, one of the leading private equity firms in Spain, in the refinancing process of Rotor, the parent company of an international group which crafts and sells cutting-edge bike components (In re ProA Capital / Rotor).
Jaime belongs to the Madrid Bar Association and is a member of the Turnaround Management Association (Next Gen).
Education
Law Degree (Universidad Complutense de Madrid, 2013)
Areas of Practice
- Banking and Finance
- Restructuring and Insolvency
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