Press release

The Spanish Federation of Food Banks (FESBAL) honored Garrigues with the 2020 Espiga de Oro award for Commitment at an event held at CaixaForum in Madrid, which was presided over by Luis Planas, Minister of Agriculture, Fisheries and Food. Garrigues’ executive chairman Fernando Vives collected the award from FESBAL President Pedro Llorca.
G-advisory, Garrigues’ consulting arm offering technical, economic and strategic advice on energy and ESG matters has rebranded its visual identity to align with new market demands. The new image, heavily centered around the color green, seeks to convey the values of the brand, with a clear sustainable commitment.
The Ministry of Equality has decided to extend Garrigues’ certification as an Equal Opportunity Employer (EOE), a mark of excellence that acknowledges companies “that notably and significantly excel in the application of equal treatment and equal opportunity policies” through equality measures and plans.
Garrigues has been awarded first prize as the best Latam Local Legal Adviser of the year by the publication specializing in project and infrastructure finance IJ Global, which acknowledges the work of legal advisers in large transactions every year in North and Latin America. Five projects advised by Garrigues in the transport and power sectors were also awarded prizes.
Garrigues was named the Team of the Year for the Andean States in banking and finance law by the International Financial Law Review (IFLR), which each year selects the best deals carried out in the Americas. In choosing the winners, the IFLR Editorial Committee takes into account the cross-border element, as well as innovation and the valuation of the companies involved.
Garrigues posted revenues of €386.9 million in 2020. Its growth – 1.4% in euros compared with 2019 – was curbed by the sharp fall in the exchange rate in the Latin American countries where the firm is present due to the pandemic’s impact on their economies: at a constant exchange rate and scope, the firm’s revenues grew 3.6% in 2020.
Garrigues has boosted the tax department in Portugal by taking on Miguel Pimentel to coordinate the Portuguese international taxation practice. Pimentel joins partners Pedro Miguel Braz, department director and coordinator of the Portuguese tax litigation practice, and Fernando Castro Silva, in charge of the tax advisory practice, on the task of leading a team with more than thirty practitioners. Garrigues tax department has in this way strengthened its positioning in the Iberian market: today it was recognized for another year running as Tier 1 in the Chambers Europe directory for both Portugal and Spain. 
‘Becoming Net Zero’, Garrigues’ initiative for energy efficiency and sustainability, has been chosen by Comunidad #PorElClima to form part of the 101 examples of actions implemented by businesses to combat the climate emergency. Comunidad #PorElClima is a multi-stakeholder alliance focused on implementing the Paris Agreement in Spain and recognizing the commitment and ambition by Spanish companies to bring about climate change. In this, the third edition, 62 large companies and 39 small and medium-sized companies from over 20 different business sectors have been chosen. Garrigues is the only law firm singled out in the legal sector.
Garrigues has launched the anti-trust, economic regulation and intellectual property practice in Lima, bringing on board lawyer Ivo Gagliuffi and economist Javier Coronado. With more than twenty years’ experience in the public and private sector, the pair will coordinate the practice and provide an integrated approach, from both a legal and economic standpoint, giving it a competitive advantage in the Peruvian market.