Juan Verdugo

Associate , Hughes Hubbard & Reed LLP
[email protected]

Juan Verdugo is a partner in the firm’s restructuring and insolvency department. He advises hedge funds, investors and banks on the buy-side and sell-side of the foremost non-performing loan (NPL) and real estate-owned asset deals marketed in Spain, successfully closing a number of them. He has amassed a wealth of experience in refinancing distressed businesses, the acquisition of debt from banking syndicates, the purchase of distressed companies and assets and defending clients in asset clawback actions. He also has experience in the area of cross-border insolvencies and in advising foreign investors on bids to acquire a controlling stake in distressed companies through loan-to-own tools

According to the Financial Times, a Garrigues team led by Juan advised on and closed the most innovative restructuring deal in Spain (2016 FT Innovative Lawyers Awards). More recently, the Financial Times recognised Juan’s work (2019 FT Innovative Lawyers Awards) for creating a new standard that speeds up recovery of NPLs, thus improving competition and the appeal of the Spanish NPLs market. Clients have appraised Juan as ‘amazing, the man-to-go when we have a problem in Spain’, assessing his work as ‘excellent’ (IFLR1000 2020). His strengths are his ‘vast knowledge and track record, as well as his creativity and problem-solving approach’ (IFRL1000 2019). Chambers and Partners 2020 outlined that Juan (Band 2) is a firm favourite for Spanish banks and other creditors, who endorse him as ‘very talented, firm, serious and pragmatic’.

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