Paloma Valor joins Jones Day's Global Disputes Practice in Madrid
The global law firm Jones Day announced that Paloma Valor has joined the Firm as of counsel in its Global Disputes Practice, based in the Madrid Office.
Ms. Valor arrives at Jones Day following a 35-year career at IBM Corporation, where she served in a variety of roles within IBM's corporate law department in Europe and the United States. She was most recently the Chief Trust and Compliance Officer, leading the company with advice and counsel on compliance and ethics in connection with particular regional or geographical challenges, internal investigations, go-to-market strategy, and corporate policies and processes. She also has vast experience overseeing M&A transactions, cross-border disputes, regulatory affairs, and corporate governance matters.
"Paloma's impressive experience will deliver significant value to our clients, and Paloma's familiarity with European markets further strengthens our capabilities to serve companies facing complex commercial disputes around the world," said Greg Shumaker, who leads Jones Day's Global Disputes Practice.
Ms. Valor's diverse international legal experience adds to Jones Day's strong global capabilities in crisis management and incident response matters involving a potential major impact on health, safety, and the environment. And as commercial entities, particularly publicly held companies, face continuing pressure on ESG fronts, the intersection of ESG with traditional governance issues and compliance structures creates important new areas where Ms. Valor's experience will be valuable to the Firm's clients.
"At a time in which companies are broadly reassessing their global compliance obligations for many reasons—sanctions, ESG, pressure from courts and legislatures all over the world—we anticipate enforcement authorities in the United States and Europe to maintain their emphasis on effective corporate compliance programs as a method of preventing, detecting, and remediating misconduct," said Mary Ellen Powers, Partner-in-Charge of Europe for Jones Day. "Particularly in Europe, where failure to prevent' has become an independent basis for criminal liability, but where corporations until recently often lacked any compliance function, there is a growing demand for counseling in this area. Paloma is well known for her work in this space across the world, and her arrival reflects our commitment to the growth of our already powerful team, to address these trends, and to successfully help our clients in navigating these matters."
"Paloma is an exciting addition to our Madrid Office. She joins a team of lawyers that collaborates closely with Jones Day colleagues around the globe to serve clients in a wide range of practices," said Mercedes Fernández, Partner-in-Charge of the Firm's Madrid Office. "Her global experience will be of tremendous value to clients facing litigation or arbitration involving multiple jurisdictions, clients dealing with regulators on compliance matters, individuals and entities impacted by catastrophic events, and the sweeping changes brought about by the ESG movement."
At Jones Day, Ms. Valor joins a team of more than 200 lawyers in the Global Disputes Practice, who are located in 27 business centers worldwide. The group serves clients in some of the most challenging jurisdictions around the world and in some of the highest-value disputes in those jurisdictions. She will collaborate with her colleagues in the Global Disputes and Investigations & White Collar Practices to assist clients in assessing and mitigating compliance risks, investigating and remediating allegations of non-compliance, and resolving disputes.
Ms. Valor earned her law degree from Complutense University of Madrid Law School and a master of laws degree in taxes from IE Law School. She is a founding member of the Madrid Bar Association’s In-House Lawyer’s Committee.