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Garrigues

Finance 2011

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Rankings at a glance
Award levelHighly Commended
InnovationAccelerating restructurings in Spain
Originality6
Rationale7
Impact7
Total20
DescriptionConvinced a court to agree a restructuring plan for Bestin before any subordinate proceedings were brought, vastly accelerating the process and saving the company. Established a precedent that a court must try to minimise exposure of insolvent companies.