JuanFerré

Partner

Madrid + 34.91.520.3904

Juan Ferré has represented creditors, debtors, directors, shareholders, and distressed investors in some of the largest and more complex restructurings and insolvency proceedings in Spain in the gaming, aviation, manufacturing, automotive, real estate, and construction sectors.

Some of Juan's recent experience includes advising a group of shareholders and directors in litigation, arbitration, corporate governance, and restructuring matters related to Codere, a Spanish-listed gaming company; representing a U.S.-based aluminum company with respect to a troubled Spanish subsidiary; acting for the board of directors of a Spanish airline in connection with the restructuring of its financial indebtedness; and assisting a group of junior lenders in relation to the debt restructuring of a large Spanish-headquartered steel manufacturer.

Prior to joining Jones Day, Juan acted as insolvency officer of more than 100 companies operating in a variety of sectors, such as construction, real estate, automotive, retail, health care, pharmaceutical, food and beverage, and renewable energy.

For more than 12 years he was an adjunct professor of commercial and insolvency law at the University of Barcelona, where he earned a Ph.D with a thesis on equitable subordination of claims. He also served as a member of the expert group advising the European Commission on the reform of the European Insolvency Regulation.

Juan is a member of CERIL (Conference on European Restructuring and Insolvency Law), INSOL (International Association of Restructuring, Insolvency & Bankruptcy Professionals), TMA (Turnaround Management Association), and ABI (American Bankruptcy Institute).

Esperienze

  • Macquarie subsidiary successfully completes acquisition of large parking portfolio from insolvent entityJones Day advised Empark, a subsidiary of Macquarie, in connection with the purchase of a large parking portfolio from Isolux Corsán Aparcamientos, an entity that belongs to a large construction and infrastructure conglomerate that started insolvency proceedings in 2017.
  • Private equity sponsor restructures debt of one of its portfolio companiesA cross-practice team of finance and restructuring lawyers of Jones Day advised Portobello Capital, a leading Spanish private equity fund manager, in relation with the rescheduling of debts owed by one of its portfolio companies to a syndicate of domestic lenders.
  • Convertible lenders of Celsa obtain approval of first non-consensual restructuring planJones Day advised a group of clients as lenders under a junior debt instrument advanced to the Celsa group, a family-owned business and one of the largest manufacturers of long steel products in Europe.
  • Global manufacturer of wind turbines takes part in restructuring plan proceedings of key supplierJones Day advised the client, a leading global manufacturer of wind turbines, in relation with a restructuring plan of one of its key suppliers that was challenged by certain lenders.
  • Diebold Nixdorf obtains $1.25 billion senior secured exit credit facilityJones Day represented Diebold Nixdorf, Incorporated, a multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing systems), point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets, in connection with a new $1.25 billion senior secured term loan facility as part of it’s emergence from chapter 11 bankruptcy and other domestic and foreign court-supervised restructuring proceedings.
  • Diebold Nixdorf successfully restructures over $2.7 billion in funded debt and completes the first-ever dual proceeding under the U.S. bankruptcy code and Dutch restructuring law in 71 daysIn the first-ever cross border restructuring involving dual main proceedings under chapter 11 of the U.S. Bankruptcy Code and a scheme of arrangement (the "Dutch Scheme") under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord ("WHOA")), and the first-ever chapter 15 recognition of Dutch Scheme proceedings and a sanctioned WHOA reorganization plan (the "WHOA Plan"), Jones Day represented Diebold Nixdorf, Incorporated ("Diebold") and certain of its U.S. and Canadian subsidiaries (the "Debtors") in connection with (i) the prepackaged chapter 11 cases of In re Diebold Holding Company, LLC, et al., (Case No. 23-90602-DRJ) commenced on June 1, 2023, in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"); (ii) the Dutch Scheme, commenced on June 1, 2023 by Diebold Nixdorf Dutch Holding B.V. (the "Dutch Issuer") in the District Court of Amsterdam (the "Dutch Court"), and (iii) the chapter 15 proceedings before the Bankruptcy Court commenced by the foreign representative of the Dutch Issuer, wherein the Bankruptcy Court recognized the Dutch Scheme proceeding as a foreign main proceeding and recognized and extended comity to the WHOA Plan that was sanctioned by the Dutch Court.
  • Key stakeholders of Spanish-listed company advised on financial restructuringJones Day advised certain board members and some of the largest shareholders of a Spanish-listed company in the restructuring of its financial liabilities.
  • Leading automotive components and systems supplier obtains $100 million senior secured term loan facilityJones Day represented a leading automotive components and systems supplier in connection with a $100 million senior secured term loan facility.
  • Shareholder of Spanish-listed company deliberates impact of corporate reorganizationJones Day advised a multi-billion investment manager in its capacity as shareholder of a Spanish listed real estate company on potential corporate reorganization, valuation, and urban planning issues.
  • Spanish securitization fund acquires distressed debt of Spanish motorway concessionairesJones Day represented a Spanish securitization fund sponsor in the acquisition of the distressed debt of a bankrupt Spanish motorway concessionaires.
  • Group of Spanish-issuer shareholders enter into arbitration proceedingsJones Day advised a group of shareholders on arbitration proceedings of a Spanish listed company.
  • Guardian Europe S.à r.l. sold Guardian Automotive glass business to PARTER Capital Group AGJones Day advised Guardian Europe S.à r.l., a subsidiary of Koch Industries, Inc., in the sale of its Guardian Automotive aftermarket glass fabrication and distribution business to PARTER Capital Group AG.
  • Ad hoc group of senior secured lenders advised in landmark restructuring of the syncreon groupJones Day acted for the ad hoc group of senior secured lenders in the landmark restructuring of the global logistics syncreon group which was implemented via English Schemes of arrangement, with chapter 15 recognition in the U.S. and CCAA recognition in Canada.
  • London-based special situations fund acquires luxury residential building in Marbella (Spain)Jones Day advised a London-based special situations fund in its acquisition of a luxury residential building in Marbella (Spain) out of insolvency proceedings.
  • Banco Santander, Bankia, and Caixabank-led syndicate refinances Tranche A for €445.6 millionJones Day represented a syndicate of lenders including, among others, Banco Santander, S.A.; Bankia, S.A.; and Caixabank, S.A. in connection with a refinancing agreement with Grupo Isolux Corsán, S.A. and other companies of its group of the Tranche A provided by the syndicate of lenders under the refinancing agreement executed on December 16, 2016 for an amount of €445.6 million.
  • International Automotive Components Group completes refinancing of Senior Secured NotesJones Day advised International Automotive Components Group, S.A., a leading global supplier of automotive components and systems, in connection with the issuance of $215 million of Senior Secured Notes due 2023 to Gamut Capital Management, L.P. in a private placement.
  • Bankia, Banco Santander, and Caixabank provide term loan to engineering and construction firmJones Day represented Bankia, S.A., Banco Santander, S.A. and Caixabank, S.A. in connection with a term loan provided to an engineering and construction firm.
  • Bankia, Banco Santander, and Caixabank provide term loan to construction services companyJones Day represented Bankia, S.A., Banco Santander, S.A., and Caixabank, S.A. in connection with a term loan provided to a construction services company.
  • Syndicate of lenders led by Banco Sabadell and Bankia provide debt restructuring to Grupo SeguriberJones Day advised a syndicate of lenders led by Banco Sabadell and Bankia in connection with the debt restructuring of the Spanish entity Grupo Seguriber which included advancing new money and creating a quasi equity instrument.
  • Spanish real estate investment and development management group executes purchase option for plots located in PAI "Parque Empresarial Circuito de Cheste" (Valencia)Jones Day assisted a Spanish real estate investment and development management group to execute a purchase option for plots with a surface area of 1,000,000 sqm located in the PAI "Parque Empresarial Circuito de Cheste" (Valencia) for €40 million ($43 million).
    • April 25, 2017
      New European Tools for Business Restructuring
    • 25 de abril, 2017
      Nuevas herrramientas europeas para la reestructuración empresarial
    • October 30,2014
      Eurozone Update 2014, panelist, International Insolvency & Restructuring Symposium American Bankruptcy Institute
    • March 24, 2014
      Assessing Investment Opportunities in Spain: An Outlook for 2014
    • October 16, 2013
      Navigating Global Risk
    • 23 de abril, 2013
      Implicaciones de Derecho de la Competencia en operaciones de adquisición de empresas en dificultades