Madrid

(Spain)

Ashurst practises law in Spain through Ashurst LLP. Ashurst LLP is a limited liability partnership registered in England and Wales under registered number OC330252. It is a law firm regulated by the Solicitors Regulation Authority of England and Wales. A list of the members of Ashurst LLP and their professional qualifications is open to inspection at the registered office, London Fruit & Wool Exchange, 1 Duval Square, London, E1 6PW, England. The term "partner" is used to refer to a member of Ashurst LLP or to an employee or consultant with equivalent standing and qualifications or to an individual with equivalent status in one of Ashurst LLP's affiliated undertakings.

Spanish lawyers (abogados) are regulated in their professional practice by the General Rules for Lawyers (Estatuto General de la Abogacía Española) and the Spanish Lawyers Code of Conduct (Código Deontológico de la Abogacía Española) which is based on the European Code Of Conduct (Código Deontológico Europeo). Apart from the above, Spanish Lawyers (abogados) are subject to other provisions such as the Organic Law of the Judicial Power (Ley Orgánica del Poder Judicial). They are also subject to provisions which may be issued from time to time by the local bar association of the bar they practice at. In Madrid, such relevant provisions are, among others, the Code Governing Publicity of Lawyers of the Madrid Bar Association (Código Regulador de la Publicidad de los Abogados del Colegio de Madrid), and the Disciplinary Regulation (Reglamento del Procedimiento Disciplinario). All of these rules also apply, mutatis mutandi, to any non-Spanish lawyers legally practising law in Spain.

In order to be allowed to practise law, Spanish lawyers (abogados) must be registered with the Bar Association of their local jurisdiction in Spain.

The regulatory provisions referred to above are available through any of the Spanish Bar Associations, including the Madrid Bar Association.

Ashurst maintains a global professional indemnity insurance program. The firm's professional indemnity insurance program provides cover which Ashurst regards as appropriate for a firm such as ours. The firm's professional indemnity insurance program is confidential. Nevertheless Ashurst understands that its clients must be reasonably satisfied as to the appropriateness of the level of cover effected by the firm. While the firm has strict protocols about disclosures of its professional indemnity coverage, Ashurst will deal in good faith with you on this issue. Further details may be obtained from Angela Pearson, partner and global general counsel or Rehana Box, partner.

Please also note the additional Legal Notices that relate to the whole of the Ashurst Group.