Norade Miguel


Madrid + 34.91.787.9497

Nora de Miguel focuses her practice on insolvency law, representing debtors, creditors, companies in distress, directors, and lenders on corporate dispute resolution and directors' liability.

Nora has participated in contract disputes, real estate registration law, insolvency proceedings, and corporate disputes (between shareholders, challenges to corporate resolutions, and directors' liability).

Nora recently participated in advising a group of domestic and international lenders in the court restructuring and subsequent insolvency proceedings of Grupo Isolux Corsan and in advising a variety of hedge funds and investment banks in connection with the bankruptcy proceedings of several toll road operators.


  • Orange and Masmovil to combine in €18.6 billion mergerJones Day is advising Orange, S.A. ("Orange"), one of the world's leading telecommunications operators, on the combination of their telecom business in Spain with Masmovil, one of the leading telecommunications operators in Spain, for an enterprise value of €18.6 billion (€7.8 billion for Orange Spain and €10.9 billion for Masmovil).
  • Leading automotive components and systems supplier obtains $100 million senior secured term loan facilityJones Day represented a leading automotive components and systems supplier in connection with a $100 million senior secured term loan facility.
  • Spanish securitization fund acquires distressed debt of Spanish motorway concessionairesJones Day represented a Spanish securitization fund sponsor in the acquisition of the distressed debt of a bankrupt Spanish motorway concessionaires.
  • London-based special situations fund acquires luxury residential building in Marbella (Spain)Jones Day advised a London-based special situations fund in its acquisition of a luxury residential building in Marbella (Spain) out of insolvency proceedings.
  • Banco Santander, Bankia, and Caixabank-led syndicate refinances Tranche A for €445.6 millionJones Day represented a syndicate of lenders including, among others, Banco Santander, S.A.; Bankia, S.A.; and Caixabank, S.A. in connection with a refinancing agreement with Grupo Isolux Corsán, S.A. and other companies of its group of the Tranche A provided by the syndicate of lenders under the refinancing agreement executed on December 16, 2016 for an amount of €445.6 million.