Emili Cuatrecasas has pleaded guilty to 8 tax-evasion charges and settled with the State Prosecutor: he will serve a 2-year suspended sentence.
Cuatrecasas’ legal opinion was instrumental in the creation of the Landsbanki Equity Release, to the point that the former would refer to them as their cooperators in marketing literature for the Lex-Life Capital Assurance product:
Our product, Lex Life Capital Assurance-Spain, has been developed in cooporation (sic) with the law firm CUATRECASAS (www.cuatrecasas.com), “Best Spanish Firm of the Year 2005, International Law Office”.