Del Canto Chambers provides dual-qualified, multi-lingual tax lawyers, who have worked on over 500 cases throughout Europe, the Middle East, Latin America and Asia, making us the counsel of choice for London-based and international clients, corporations, solicitors and tax advisers.
Our comprehensive Due Diligence report meets ISO9001 standards and includes Corporate & Governance, Sarbanes-Oxley and Financial regulations, Financials and Tax compliance, Intellectual Property, Data Protection and Privacy Laws, IT, Employment, Property, Pending Litigation, tax and regulatory inspections, Insurance, Government regulations and all other regulatory matters as related to the deal.
In addition to the due diligence we offer advice on the transactional aspects including the M&A implications in Spain and the EU, the use of a Luxembourg company, International Tax and Legal implications for the transaction and the shareholders, and all necessary tax & legal advice working with preferred US counsel and acting as a trusted advisor throughout the SPAC life cycle.
Most SPACs are registered in common law jurisdictions and continental law, as well as tax, governance and other compliance and regulatory considerations must be taken into account when structuring the transaction in Spain.
Our bilingual dual-qualified lawyers advise international clients on cross-border SPAC matters, as well as company formation, Joint Ventures and M&A in the Spanish territory. In matters of tax, compliance, governance, due diligence, and intellectual property, as they apply to the entire SPAC process, including De-SPAC, few firms can match our sheer intelligence and knowledge.
Although they have existed for decades, SPACs popularity rose rapidly in 2019/20. They are shell companies that exist to raise capital through an IPO to fund an M&A. Also known as ‘blank cheque companies’, SPACs are usually formed by investors with a particular knowledge of an industry who pursue deals in that sector. These investors may have a merger target in mind when forming the SPAC, but this will be kept under wraps to evade disclosures during the IPO process.
The capital raised in an IPO remains in interest-bearing trust accounts and can only be released for the purposes of completing an M&A. Should the deal fall through, the funds are returned to the investors and the SPAC is liquidated.
Once the M&A is properly established, and the De-SPAC completed, the SPAC takes on the business and identity of the company it acquires.
Once instructed, our SPAC team will take the time to understand your ultimate commercial goals and requirements and will liaise with your counsel. We are committed to achieving results and will provide advice concerning:
Our team understands the complexities of international tax, commercial, and regulatory law, and will meticulously examine every detail of the SPAC formation and the M&A transaction. You can be confident that by instructing us, you will have access to expert legal knowledge on all matters concerning SPACs. We are driven to obtain success and will leave no stone unturned to ensure you and other stakeholders achieve the desired outcome.
We have advised a New York SPAC acquisitions in Spain with a comprehensive due diligence report including Corporate & Governance, Sarbanes-Oxley and Financial regulations, Financials and Tax compliance assessment, Intellectual Property, Data Protection and Privacy Laws, IT, Employment, Property, Pending Litigation and other inspections, Insurance, Government regulations and all other regulatory matters as related to the deal.
In addition to the due diligence work we advised on the transactional aspects of the SPAC and plans for De-SPAC considering the tax and legal implications in the EU and Spain.
A Del Canto Chambers, a senior double qualified lawyer will stay involved throughout the work to ensure you experience a seamless service. This connection provides not only consistency but an intimate knowledge of your business and the ability to be proactive in our advice and representation. We will also help you navigate through the transactional process by coordinating the different professionals involved coordinated by our project management team.
For complex international projects, Del Canto Chambers uses a Turnkey Project Management approach with a full-service support solution, including decision-making protocols and timelines. The partner in the original engagement stays involved throughout the project as they understand your business. This ensures you benefit from an intimate client knowledge, expertise, and proactive advisory services. We have worked on a variety of legal and tax projects in Spain, the Middle East, and Latin America, advising European and American companies, and our Turnkey Project Management approach allows us to incorporate multiple local partners to ensure successful implementation.
The holistic Turnkey Project management approach:
For complex international projects, Del Canto Chambers uses a Turnkey Project Management approach with a full-service support solution, including decision-making protocols and timelines. The partner in the original engagement stays involved throughout the project as they understand your business. This ensures you benefit from an intimate client knowledge, expertise, and proactive advisory services. We have worked on a variety of legal and tax projects in Spain, the Middle East, and Latin America, advising European and American companies, and our Turnkey Project Management approach allows us to incorporate multiple local partners to ensure successful implementation.
The holistic Turnkey Project management approach:
A joint venture formed to create the leading sports media outlet in the Arabic language world.
Advised an international client on a SOCIMI acquisition of the Plaza España building in Madrid.
Advised Jani-King, the world’s biggest franchise company, on structuring its European franchise operations.
Advised the British company Sunseeker International on the restructuring of their Mediterranean operations.
Advised Huffington Post on a joint venture with the Integral Media Group to launch HuffPost Arabi.
Advised on the acquisition of two Spanish companies using a Luxemburg structure.
Advised Grupo PRISA on securing and negotiating a capital investment of £100m from Qatar.
Del Canto Chambers provides dual-qualified, multi-lingual tax lawyers, who have worked on over 500 cases throughout Europe, the Middle East, Latin America and Asia, making us the counsel of choice for London-based and international clients, corporations, solicitors and tax advisers.
Corporate Cases
We have worked on several corporate cases including some of the worlds leading companies in media, luxury boats, football clubs, NGOs, investments and much more
Del Canto Chambers specialists are constantly up to date with new legislative changes and aware of any Spanish tax and legal implications. Contact our Spanish legal and tax specialists to find out the best tax planning and corporate structures in your circumstances.
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Del Canto Chambers is a leading London Anglo Spanish firm specialising in Law, Tax & Legal Advice. Our dual-qualified, multilingual lawyers specialise in international law and tax and have worked on over 500 cases globally. Our main focus are legal and tax related issues in Spain.
Chancery House
53-64 Chancery Lane
WC2A 1QS London
Tel: +44 207 043 0648
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