Finance Monthly M&A Awards 2015 Winners Edition

Armando L. Betancor Alamo & César J. Cervera Cantón Alas Abogados S.L. C/ Ayala 27 – 4º izq. 28001 Madrid – SPAIN Phone +34 91 781 96 24 | Fax +34 91 781 96 25 administracion@alasabogados.es Armando L. Betancor Alamo - betancor@alasabogados.es César J. Cervera Cantón - cervera@alasabogados.es FIRM PROFILE Alas Abogados is an independent Law Firm with different areas of expertise and practice, being specifically prominent in the areas of restructuring, M&A and insolvency proceedings. We advise companies with a dedication for service, as well as a proactive and pragmatic approach to the issues raised. Alas Abogados offer to its clients a solid team of legal professionals. Each case is dealt with by numerous lawyers who communicate in the language of the respective client and bring their individual views to the case in order to achieve the most adequate solution or proposal. In the international business environment, time is money. This matter is always present in our work and we are proud to offer fast and efficient response times, production of legal documents, always within the required time frame. The circumstances of each case change depending on many unexpected elements. We follow the evolution of each case very closely, adapting our strategies and timing to changing ever- changing conditions. Client matters are treated with great care, with the same dedication and confidentiality that we would apply to our own personal matters. We know that results are only achieved with determination and effort; thus we provide the means to obtain them. The size of our firm allows us to be very agile in handling our cases, reacting with the speed expected from us and desired by the client. We bring an objective vision to the matters raised and pragmatism to their resolution. Alas Abogados has two main Partners, Armando L. Betancor and César J. Cervera and our experience as receivers during more than 10 years provides us a deep technical knowledge in those areas related with restructuring and insolvency proceedings. We have acted as receivers in more than 100 Insolvency Proceedings and participating in many important debt restructuring operations during the crisis. Particularly, we want to point out our expertise and assistance in following operations. 1. Assistance in Insolvency Proceedings and debt restructuring operations Alas Abogados is a solid squad prepared to face any crisis or insolvency situations. The experience of our professionals, with whom we have participated and worked in over a hundred insolvency procedures, already allows us to solve any problem related to but not limited to high debt positions and complex corporate structures. We operate in a very personal manner in order to obtain the best result for our clients. The main sectors of assistance are Real Estate promotion and building, commercial distribution, hotels, and telephony companies. Alas Abogados has assisted, among others, in following debt restructuring and insolvency proceedings operations: • Mrs. Esther Koplowitz: (indirect owner of the 51 % of the Spanish building company FCC in the process of refinancing her personal debt related with the ownership of the 51% of FCC and the SPV (B 1998) which has the control of FCC ; • Mag Import S.L. / Alteco Gestión y Promoción de Marcas S.L.U.: SPV owners of the 31% of the French Real Estate company Gecina until the execution of the pledge; • Ploder Uicesa: 7th Largest building Company in Spain; • Becara: Largest commercial distributor of home products in Spain; • 4U móviles España (20:20 Group): telephony Company. The total passive of the operations assisted amounts to more than € 5,000 MM. 2. Administrators in receivership proceedings We have been appointed as receivers in more than hundred receiverships proceedings since 2004 by the mercantile Courts of Spain. The most important companies under receivership proceeding, which have been or are still being administrated by us, among others, are: • Petersen Energia (owner of the 25% of Repsol YPF andwhich indemnification rights have been partially sold recently); • Cerep Gran Via (Carlyle Group) which include the liquidation and sale of its real estate assets. We have leaded a sale process with more than 100 candidates including foreigner family offices and hedge funds. • Nozar - Nz Patrimonio which include the sale of the building of Rios Rosas 26 to WPP, being the second largest Real Estate operation in Spain this year. 3. Our specialization in Insolvency and debt restructuring has allowed us to participate in many process of: • Assets Liquidation; • Sale of Productive Units; • Advanced Creditors Agreements; • Bank debt refinancing’s; • M&A; • Special sale of assets. Finance Monthly M&A Awards 2015 www.finance-monthly.com 31 M A & AWARDS 2015 SPAIN Turnaround Management Firm of the Year