{"id":268709,"date":"2023-10-02T08:21:29","date_gmt":"2023-10-02T06:21:29","guid":{"rendered":"https:\/\/ga-p.servidortemporal.net\/noticia\/the-celsa-case-and-the-first-court-rulings-encourage-restructurings-el-economista\/"},"modified":"2026-06-30T16:32:19","modified_gmt":"2026-06-30T14:32:19","slug":"celsa-restructuring-court-rulings","status":"publish","type":"noticia","link":"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/","title":{"rendered":"The Celsa case and the first court rulings encourage restructurings | El Economista"},"content":{"rendered":"<div id=\"ColumnaMasSidebar-block_ae77aa22527f4e2b9e1e0aa463a1e402\" class=\"ColumnaMasSidebar v1\">\n    <div class=\"container\">\n                <div class=\"hero-inner-blocks\">\n<div id=\"ColumnaIzquierda-block_a528d0e87d058f94e6a08858a9ed3cbe\" class=\"blanco ColumnaIzquierda\">\n    <div class=\"acf-innerblocks-container\">\n\n<p class=\"wp-block-paragraph\">The Celsa restructuring has become one of the first major references for economic and legal operators seeking greater certainty under the new legal framework. According to Miguel Lamo de Espinosa and Rodrigo L\u00f3pez, many operators had been waiting for the first judicial precedents, especially the Celsa case, before making their move with a clearer view of the interpretation and possibilities offered by the new rules.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Celsa restructuring and the impact of first court rulings<br><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In their view, these first court rulings are helping to define the practical scope of the framework and may encourage new company restructuring processes. They explain that \u201ceconomic and legal operators have been waiting for the first judicial precedents, especially Celsa\u201d. This has allowed them \u201cto make their move with a little more certainty about the interpretation and possibilities offered by the new legal framework\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Celsa restructuring is particularly relevant because it has contributed to clarifying how creditors may act in complex situations. This is important for companies, shareholders and creditors, as judicial precedents can provide greater confidence when assessing the viability of restructuring alternatives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, Miguel Lamo de Espinosa and Rodrigo L\u00f3pez add that \u201cthe general consensus is that the certainty provided by the judicial precedents will contribute to encouraging the launch of new company processes\u201d. Therefore, they consider that it is not out of the question that more creditors may enter into the capital of their debtors in future restructuring scenarios.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a result, the Celsa restructuring and the first judicial precedents may mark an important step in the development of restructuring practice in Spain. They offer legal operators a clearer framework for action and may contribute to the launch of new processes in the coming months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br><br><br><a href=\"https:\/\/ga-p.com\/wp-content\/uploads\/2023\/10\/El-caso-Celsa-y-las-primeras-sentencias-judiciales-alientan-las-reestructuraciones.pdf\">Read the full article<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><p style=\"margin-top: 20px;\"><\/p><\/p>\n\n<\/div>\n<\/div>\n\n\n<div id=\"ColumnaSidebar-block_9ed918597194f3de6f1e6d94520c6640\" class=\"blanco ColumnaSidebar\">\n    <div class=\"acf-innerblocks-container\">\n\n\n<div id=\"NoticiaPublicacionInformacion-block_eeaaac5e23ac6fe46cbc2d5f55036b01\" class=\"NoticiaPublicacionInformacion\">\n\n    <div class=\"personal_office\">\n        <div class=\"personal\">\n\n            \n                            <div class=\"abogados\">\n                    <div class=\"titleCategoria\">Lawyer mentioned<\/div>\n                    <div class=\"out itemCont\">\n                                                                                    <p class=\"item\">\n                                    <span class=\"rectangleBlu\"> <\/span>\n                                                                        <a href=\"https:\/\/ga-p.com\/en\/person\/miguel-lamo-de-espinosa\/\" class=\"nameAuthor\">Miguel Lamo de Espinosa<\/a>\n                                                                        <span class=\"charge\"> &#8211; Partner<\/span>\n                                <\/p>\n                                                                                                                <p class=\"item\">\n                                    <span class=\"rectangleBlu\"> <\/span>\n                                                                        <a href=\"https:\/\/ga-p.com\/en\/person\/rodrigo-lopez\/\" class=\"nameAuthor\">Rodrigo Lo\u0301pez<\/a>\n                                                                        <span class=\"charge\"> &#8211; Partner<\/span>\n                                <\/p>\n                                                                        <\/div>\n                                    <\/div>\n            \n            \n                        <div class=\"areas_sectores\">\n                <div class=\"titleCategoria\">Areas and sectors<\/div>\n                                                        <p class=\"item\">\n                        <span class=\"rectangleBlu\"> <\/span>\n                        <a href=\"https:\/\/ga-p.com\/en\/area\/baking-and-finance\/\" class=\"nameAuthor\">Banking and Finance<\/a>\n                    <\/p>\n                                                                <\/div>\n                <\/div>\n<\/div>\n\n<\/div>\n<\/div>\n\n<\/div>\n\n    <\/div>\n\n<\/div>\n\n\n<div id=\"ColumnaMasSidebar-block_6ea738b878e44e24ba7a128f42ec2b60\" class=\"ColumnaMasSidebar v1\">\n    <div class=\"container\">\n                <div class=\"hero-inner-blocks\">\n<div id=\"ColumnaIzquierda-block_a528d0e87d058f94e6a08858a9ed3cbe\" class=\"blanco ColumnaIzquierda\">\n    <div class=\"acf-innerblocks-container\">\n\n<div id=\"AnteriorSiguiente-block_cb58dccf27d5473c8c72492d43b80918\" class=\"AnteriorSiguiente\">\n\n\n            <div class=\"containerButtons\">\n            <a class=\"primaryCta prev \" href=\"https:\/\/ga-p.com\/en\/news\/the-judge-gives-the-green-light-to-the-bondholders-to-take-over-telepizza-expansion\/\" target=\"_self\" title=\"prev post\">See previous                <img decoding=\"async\" alt=\"icon\" src=\"https:\/\/ga-p.com\/wp-content\/themes\/ga-p\/assets\/images\/arrow-left-primary.svg\" \/>\n            <\/a>\n            <a class=\"primaryCta next \" href=\"https:\/\/ga-p.com\/en\/news\/ga_p-advises-banco-sabadell-on-the-financing-of-barkibu\/\" target=\"_self\" title=\"next post\">See next                <img decoding=\"async\" alt=\"icon\" src=\"https:\/\/ga-p.com\/wp-content\/themes\/ga-p\/assets\/images\/arrow-right-primary.svg\" \/>\n            <\/a>\n        <\/div>\n    <\/div>\n<\/div>\n<\/div>\n\n\n<div id=\"ColumnaSidebar-block_9ed918597194f3de6f1e6d94520c6640\" class=\"blanco ColumnaSidebar\">\n    <div class=\"acf-innerblocks-container\"><\/div>\n<\/div>\n\n<\/div>\n\n    <\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Economic and legal operators have been waiting for the first judicial precedents (especially Celsa) to make their move with a little more certainty about the interpretation and possibilities offered by the new legal framework&#8221;, confirm Miguel Lamo de Espinosa and Rodrigo L\u00f3pez. Furthermore, they add that &#8220;the general consensus is that the certainty provided by&#8230;<\/p>\n","protected":false},"featured_media":0,"template":"","categoria":[],"class_list":["post-268709","noticia","type-noticia","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>elsa restructuring: first court rulings encourage new processes<\/title>\n<meta name=\"description\" content=\"iguel Lamo de Espinosa and Rodrigo L\u00f3pez analyse how the Celsa restructuring and first court rulings may encourage new creditor-led processes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"elsa restructuring: first court rulings encourage new processes\" \/>\n<meta property=\"og:description\" content=\"iguel Lamo de Espinosa and Rodrigo L\u00f3pez analyse how the Celsa restructuring and first court rulings may encourage new creditor-led processes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/\" \/>\n<meta property=\"og:site_name\" content=\"Despacho de abogados G\u00f3mez-Acebo y Pombo\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-30T14:32:19+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/celsa-restructuring-court-rulings\\\/\",\"url\":\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/celsa-restructuring-court-rulings\\\/\",\"name\":\"elsa restructuring: first court rulings encourage new processes\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#website\"},\"datePublished\":\"2023-10-02T06:21:29+00:00\",\"dateModified\":\"2026-06-30T14:32:19+00:00\",\"description\":\"iguel Lamo de Espinosa and Rodrigo L\u00f3pez analyse how the Celsa restructuring and first court rulings may encourage new creditor-led processes.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/celsa-restructuring-court-rulings\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/celsa-restructuring-court-rulings\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/news\\\/celsa-restructuring-court-rulings\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\\\/\\\/ga-p.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Celsa case and the first court rulings encourage restructurings | El Economista\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/ga-p.com\\\/en\\\/\",\"name\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\",\"description\":\"G\u00f3mez-Acebo y Pombo es una firma de abogados independiente, con experiencia internacional, especializada en todas las \u00e1reas del derecho de los negocio.\",\"publisher\":{\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ga-p.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#organization\",\"name\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\",\"url\":\"https:\\\/\\\/ga-p.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ga-p.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Logo-1-1.svg\",\"contentUrl\":\"https:\\\/\\\/ga-p.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Logo-1-1.svg\",\"caption\":\"Despacho de abogados G\u00f3mez-Acebo & Pombo\"},\"image\":{\"@id\":\"https:\\\/\\\/ga-p.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"elsa restructuring: first court rulings encourage new processes","description":"iguel Lamo de Espinosa and Rodrigo L\u00f3pez analyse how the Celsa restructuring and first court rulings may encourage new creditor-led processes.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/","og_locale":"en_US","og_type":"article","og_title":"elsa restructuring: first court rulings encourage new processes","og_description":"iguel Lamo de Espinosa and Rodrigo L\u00f3pez analyse how the Celsa restructuring and first court rulings may encourage new creditor-led processes.","og_url":"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/","og_site_name":"Despacho de abogados G\u00f3mez-Acebo y Pombo","article_modified_time":"2026-06-30T14:32:19+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/","url":"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/","name":"elsa restructuring: first court rulings encourage new processes","isPartOf":{"@id":"https:\/\/ga-p.com\/en\/#website"},"datePublished":"2023-10-02T06:21:29+00:00","dateModified":"2026-06-30T14:32:19+00:00","description":"iguel Lamo de Espinosa and Rodrigo L\u00f3pez analyse how the Celsa restructuring and first court rulings may encourage new creditor-led processes.","breadcrumb":{"@id":"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ga-p.com\/en\/news\/celsa-restructuring-court-rulings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/ga-p.com\/en\/"},{"@type":"ListItem","position":2,"name":"The Celsa case and the first court rulings encourage restructurings | El Economista"}]},{"@type":"WebSite","@id":"https:\/\/ga-p.com\/en\/#website","url":"https:\/\/ga-p.com\/en\/","name":"Despacho de abogados G\u00f3mez-Acebo & Pombo","description":"G\u00f3mez-Acebo y Pombo es una firma de abogados independiente, con experiencia internacional, especializada en todas las \u00e1reas del derecho de los negocio.","publisher":{"@id":"https:\/\/ga-p.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ga-p.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ga-p.com\/en\/#organization","name":"Despacho de abogados G\u00f3mez-Acebo & Pombo","url":"https:\/\/ga-p.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ga-p.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/ga-p.com\/wp-content\/uploads\/2024\/09\/Logo-1-1.svg","contentUrl":"https:\/\/ga-p.com\/wp-content\/uploads\/2024\/09\/Logo-1-1.svg","caption":"Despacho de abogados G\u00f3mez-Acebo & Pombo"},"image":{"@id":"https:\/\/ga-p.com\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/noticia\/268709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/noticia"}],"about":[{"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/types\/noticia"}],"wp:attachment":[{"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/media?parent=268709"}],"wp:term":[{"taxonomy":"categoria","embeddable":true,"href":"https:\/\/ga-p.com\/en\/wp-json\/wp\/v2\/categoria?post=268709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}