A senior associate in the litigation practice and qualified to practice in Spain and in the State of New York, Mr Ara specialises in cross-border restructuring and insolvency (both out-of-court workouts and judicial proceedings). He is an expert in European and Spanish insolvency law, with extensive experience in advising lenders, debtors, directors and bidders in high-profile cases across almost all industries.
He regularly collaborates on structuring transactions to address potential litigation and insolvency issues. Recent work includes loan-to-own transactions and cross-border rescue financings, to tackle new money privileges, as well as clawback and automatic stay risks. As a litigator, Mr Ara also has experience in security interests, directors’ fiduciary duties and corporate and M&A-related disputes.