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Hogan Lovells Announces Madrid Office Managing Partner

A partner in a law firm, accounting firm, consulting firm, or financial firm is a highly ranked position, traditionally indicating co-ownership of a partnership in which the partners were entitled to a share of the profits as “equity partners.”

Hogan Lovells announces today that José Luis Vázquez will become Madrid Office Managing Partner, effective 1 July.

José Luis will balance his new responsibilities with the leadership of the Banking & Finance practice in Madrid.

He takes over the role from Lucas Osorio, who will return full time to his practice. Lucas first took on the OMP role in 2014 and he has been instrumental in building up our Madrid office to our present position as a top 20 firm by turnover in Spain.

José María Balaña, Regional Managing Partner for the EMEA region, commented: “Spain is a critical part of our EMEA region, comprising 24 partners and more than 100 lawyers. I am delighted that José Luis Vázquez will become our next Madrid Office Managing Partner and will continue the growth and success of this office.”

José María Balaña Profile

José Luis is a partner in the Corporate & Finance practice group of Hogan Lovells’ Madrid office. He is well-established in the market and regularly advises clients in English, Spanish and Portuguese. Having participated in some of the most high-profile financial transactions in Spain, his practice focusses on structured finance, debt capital markets, energy, infrastructure, acquisition and real estate finance, insolvency, and debt restructurings.

Hogan Lovells Madrid Office

Comprising 24 partners and more than 100 lawyers, our Spanish offices had a record financial year in 2020 and saw a significant increase in activity in some of their most strategic areas, including Corporate & Finance. Our multilingual team regularly assists Spanish and international companies with high-profile cross-border transactions, including deals involving Latin America.

Our lawyers also have deep expertise in energy, infrastructure, real estate, media and technology, insurance, and life sciences.

We recently boosted our capabilities through the appointment of Gonzalo Ardila as head of the Litigation and Arbitration practice in Madrid, the promotion to partner of Inmaculada Lorenzo, and the recent hire of leading insurance practitioner Pablo Muelas García.

Jasmeet K. Ahuja Named Legal Intelligencer Lawyer

Jasmeet K. Ahuja has been named a Legal Intelligencer Lawyer on the Fast Track. Jasmeet has worked closely with local and state governments on gun regulation reform and immigrant rights, playing a key role in a number of landmark cases.

Prior to joining Hogan Lovells, Jasmeet clerked at the United States Court of Appeals for the Third Circuit, United States District Court for the Eastern District of Pennsylvania, and served as a federal criminal prosecutor.

Honourees are acknowledged for their influence in their practice areas in Pennsylvania and beyond, through their development of the law, strong leadership qualities, expertise in litigation or transactional work, contributing to the improvement of their institutions, and committing themselves to pro bono, charitable, and professional volunteer work.

Hogan Lovells Philadelphia work with start-up companies and blue chips to gain approval for cutting-edge medical devices, defend hot-button investigations and enforcement actions, handle precedent-setting cross-border business, and focus on mergers and acquisitions, securities offerings, and corporate governance matters.

Jasmeet leverages her time spent working as an engineer in the heart of our government’s national security apparatus, bringing both substantive and practical experience to her practice. From navigating the difficult terrain that follows a cyber security incident to advising on the development of secure software applications, she works with start-ups and Fortune 500 companies alike.

She also counsels companies facing complex antitrust investigations, leveraging her background in government to proactively advise clients on the most efficient way to address regulator questions.

Jasmeet also maintains an active pro bono practice, working closely with local and state governments on gun regulation reform and immigrant rights, playing a key role in the landmark City of Philadelphia v. Attorney General of the United States of America case.

Hogan Lovells Law Firm to Fund Women Led FinTech Companies

Financial technology (FinTech) is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Hogan Lovells law firm announces during United Kingdom FinTech Week that applications are open to its Global FinTech Mentor and Momentum Program for 2021-22. This year, the firm will focus on selecting and supporting female led FinTechs, as part of its commitment to diversity and inclusion.

To date around 10% of successful applicants for the Program have had women founders or leaders, including Dozens, Flexy and Rodi.

The Program is open to FinTechs at any stage of development, from start-ups to more established growth players. Interested businesses, particularly in the areas of banking, lending, payments, insurance, investments, and sustainable finance, are welcome to apply throughout 2021 for complimentary or subsidised support from Hogan Lovells.

The law firm is committed to empowering the female FinTech community, and is aiming for at least half of successful applications from female led FinTechs.

Globally, just 3% of FinTechs were founded by women as of 2019, according to Deloitte Insights published in October 2020, which also found that funding for FinTechs founded or co-founded by women was significantly less than for men. Innovate finance reported in January this year that female founded FinTechs accounted for 17% of the United Kingdom’s total FinTech venture capital investments over 2020, up 6% from 2019.

Yet KPMG’s United Kingdom FinTech Focus 2020 found that female founded FinTechs are more resilient to the pandemic, with more in cash reserves.

Launched at Innovate Finance Global Summit in April 2017, the successful Program is entering its fifth year. To date, Hogan Lovells investment has totalled over a million pounds in support of around 25 FinTechs; providing each with up to £25,000 in free legal services, together with a 30% discount to the free advice, to make it go further.

This is in addition to the same discount on advice provided after or outside the scope of the program, as well as access to industry events and networking opportunities with the firm’s existing clients in the FinTech space.

Hogan Lovells is ideally placed to provide this support, long positioned at the heart of the FinTech industry. The firm advised on the establishment of the United Kingdom’s first internet only bank; on the launch of Zopa – the world’s first peer-to-peer lender; and of a mobile P2P payments service – the first of its kind in the United Kingdom market.

Head of Financial Services Rachel Kent co-chaired the policy and regulation chapter of the recently published United Kingdom FinTech Strategic Review, in February 2021.

Hogan Lovells Law Firm Announces Changes to Industry Leadership

In macroeconomics, an industry is a branch of an economy that produces a closely-related set of raw materials, goods, or services. For example, one might refer to the wood industry or to the insurance industry.

Hogan Lovells announces today it has made a series of planned changes to some of its industry sector leadership positions.

Hogan Lovells became a top 10 global legal services provider on 1 May 2010 through an unprecedented combination of two law firms with international credentials, United States-based firm Hogan & Hartson and European-based law firm Lovells.

Modern-day Hogan Lovells carries on the tradition of excellence established by our founders and further builds on their legacy.

Managing Partner for Clients and Industries, Ina Brock, commented: “It speaks to the quality and depth of our industry sector teams that we are able to make regular changes to the distribution of our leadership roles, and recognise our talented people.

I’d like to express my sincere thanks for all of the hard work and significant contribution of those stepping down, and wish those newly appointed every success.

I have no doubt we will continue to excel under their leadership and remain at the forefront of those industries.”

Ina advises clients on how to stay in control of the most complex cross border litigation and crisis communication matters. She has successfully defended her clients in more than 500 German court cases on all levels. She has won cases in the German Supreme Court and the European Court of Justice.

Additionally, Ina has navigated clients through the coordination of more than 60000 claims in class actions and group litigation cases in more than 30 countries worldwide.

Hogan Lovells Backs FinTech Start-up Fygo

Hogan Lovells is supporting the launch of an innovative free automatic student rewards app from COVID-19 start-up Fygo, one of the law firms FinTech Mentor and Momentum Program 2020 cohort.

Launched in April 2017, through the Program, FinTech organisations in Asia, Europe and the United Kingdom at any stage of development, from start-ups to established momentum players in strong growth mode, can apply for complimentary or subsidised support from Hogan Lovells.

Recipients benefit from extensive industry knowledge from Hogan Lovells’ commercial insights, access to the law firms global network, legal and compliance training, industry events and use of the law firms FinTech tools, up to a maximum value of £25000 for any one company.

Founded during the COVID-19 pandemic, Fintech start-up Fygo has conceived and brought to market, with the help of Hogan Lovells, an innovative automatic student rewards app.

Launching initially at Durham University, the free mobile app allows students and staff to link their bank cards to the app through a secure interface, and instantly and automatically receive cashback when they spend using a linked card at Fygo partners, without having to say, show, or scan anything.

For participating businesses, partnering with Fygo provides an affordable cost, hassle and commitment free solution to acquire more Generation Z customers and increase revenue.

The in-built tracking system providing insights to help them better understand their customers and competitive positioning, with access to customer analytics, and to improve their service and products.

Hogan Lovells FinTech Mentor and Fygo relationship lead, counsel Oliver Irons, said: “The global pandemic has totally changed how we live and work, and whilst it has presented many challenges, some positives that can be drawn are the advancement of technology, and innovation to adapt to constantly changing circumstances.

The team at Fygo identified a way to support both students and businesses through harnessing their technology, and have worked tirelessly to make their concept a reality. They are deserving recipients of our FinTech Mentor and Momentum Program support package, and it has been hugely interesting and rewarding working with them. We wish them the very best for the pilot in Durham, and look forward to a continuing relationship.”

Businesses will be onboarded from March 2021, and the app is expected to launch to students in early April. Businesses can find out more via blog, podcast or video.

Global Law Firm Advises McCormick & Company

Hogan Lovells law firm has advised McCormick & Company on an aggregate of United States $1bn of new debt issuances.

A debt issue refers to a financial obligation that allows the issuer to raise funds by promising to repay the lender at a certain point in the future and in accordance with the terms of the contract.

A debt issue is a fixed corporate or government obligation such as a bond or debenture.

McCormick is an American food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavouring products to retail outlets, food manufacturers, and foodservice businesses.

The Hogan Lovells team advising McCormick was led by capital markets partners Alex Bahn and Eve Howard, tax partner Scott Lilienthal, capital markets senior associate Phillip Schuster, corporate associate Sarah Branch, and tax senior associate Caitlin Piper.

McCormick, which manufactures, markets and distributes spices, seasoning mixes, condiments and other flavourful products to the entire food industry, offered and sold $500 million USD aggregate principal amount of 0.900% notes due 2026, and $500 million USD aggregate principal amount of 1.850% notes due 2031.

The Hogan Lovells United States capital markets team regularly advises clients on complex and high-value offerings of debt, equity, and hybrid securities. Our issuer clients include some of the most recognisable corporate names in America.

We are able to structure and execute capital markets transactions in order to maximise client goals, including developing innovative transactional structures.