Bird & Bird has beefed up its banking and finance offering in Spain, recruiting Andrés Lorrio from Spanish independent firm Araoz & Rueda.
Lorrio joins as head of Bird & Bird’s Spanish banking and finance group. He specialises in advising financial institutions on funding takeover bids, structured finance transactions and restructurings.
Bird & Bird is growing its corporate and finance capability in Spain to take advantage of a buoyant M&A market. In November the firm hired corporate partner Javier Vasserot from DLA Piper in Madrid.
Lorrio is the fourth banking and finance partner in a year to join Bird & Bird’s continental push. The firm has strengthened its teams in Frankfurt, Paris and Milan hiring partners Bertold Frisch. Hervé Pillard and Raimondo Maggiore respectively.