Garrigues innovates in Restructuring & Reorganization
Wednesday, October 5, at the ‘Innovative Lawyers 2016’ awards ceremony held in London and organized by the Financial Times, the restructuring of Jofel Industrial, on which Garrigues acted as advisor, was included among the most innovative legal deals in Europe in the ‘Commended’ category.
The firm restructured Jofel Industries during insolvency proceedings and in the face of dissenting creditors, combining restructuring tools meant for different scenarios and new to Spain.
According to the Financial Times, in 2016, Garrigues advised on and closed the most innovative restructuring deal in Spain from among those submitted to the awards.
The team was led by Juan Verdugo.
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