Tuesday, July 28, 2015

Olleros Abogados and McDermott Will & Emery Coordinate Efforts to Serve Clients on Cuba-Related Matters

Olleros Abogados and McDermott Will & Emery Coordinate Efforts to Serve
Clients on Cuba-Related Matters

Spanish Law Firm Announces Creation of Cuba Desk, Intent to Open Office
in Havana

MADRID (JULY 22, 2015) – Following the renewal of diplomatic relations
between the United States and Cuba, leading Spanish law firm Olleros
Abogados and McDermott Will & Emery today announced that they are
coordinating efforts to provide top quality and broad-ranging legal
advice to American, European and Cuban clients on Cuba-related matters.

The move comes as Olleros' founding partner Jaime Olleros announced
that his firm is committed to opening an office of Olleros Abogados in
La Habana, which he foresees taking place, "as soon as the Cuban system
allows international law firms to establish offices in the country." In
the meantime, Olleros will establish a Cuba desk in Madrid to handle its
growing Cuba-related work.

Olleros Abogados has a long involvement in Cuba. Led by Mr. Olleros and
supported by Olleros lawyers Ignacio Aparicio and Javier Mata, Olleros
Abogados has represented Spanish and international clients in Cuba for
over 15 years in virtually all areas of commerce, including in the
agriculture, automotive, renewable energy, telecommunications, and
tourism industries.

McDermott also has a long history of advising clients on U.S.-Cuba legal
matters. Such work has been particularly active in recent months as
McDermott lawyers advised agribusiness clients on U.S.-Cuba trade
policy, the December 2014 executive branch announcement and its
implementing regulations and the outlook for U.S.-Cuba trade policy,
including changes to the Helms-Burton Act.

Mr. Olleros, who is recognized as a Cuba expert by the Chambers
international legal directory, points out that the "excellent historic
relations between Spain and Cuba have placed Cuba in the center of
international operations for multiple Spanish based companies,
positioning Spain as Cuba's third leading trading partner, only exceeded
by Venezuela and China." In particular, Mr. Olleros notes that, "the
number of Spanish companies established on the island has doubled in the
last year. It has gone from 116 to a total of 230 in December 2014."

"With the rapid improvement in relations between the U.S. and Cuba,
McDermott and Olleros are poised to deliver a full-service approach to
clients doing business both from and into Cuba," said Jeffery E. Stone,
co-chair of McDermott Will & Emery LLP. "Both firms will benefit as we
exploit common synergies for our American, Spanish and European clients
on Cuba-related matters. We expect to be particularly strong in the
areas of International Trade, competition, corporate, regulatory and tax
as we serve clients in the hospitality, agriculture, and tourism
sectors, among others."

"We see Cuba as a significant opportunity for McDermott and our
clients," added McDermott co-chair Peter J. Sacripanti. "As the market
opens up, our lawyers will be able to serve clients on a full range of
corporate legal matters, particularly those who specialize in industries
such as Health, Hospitality and Energy."

About Olleros Abogados
Olleros Abogados is a premier medium-sized Spanish law firm with more
than 100 lawyers in Madrid and Valencia. Founded in 1986, our principal
focus has been on providing outstanding legal services to a broad range
of Spanish and international clients in all aspects of their legal
needs. http://ollerosabogados.com

About McDermott Will & Emery
McDermott Will & Emery is a premier international law firm with a
diversified business practice. Numbering more than 1,000 lawyers, we
have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf,
Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York,
Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, D.C.
Further extending our reach into Asia, we have a strategic alliance with
MWE China Law Offices in Shanghai. www.mwe.com

Source: Olleros Abogados and McDermott Will & Emery Coordinate Efforts
to Serve Clients on Cuba-Related Matters | Media | McDermott Will &
Emery -

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