The Legal 500

Freshfields Bruckhaus Deringer

What we say about the firm's legal practice in Italy

Administrative law

Within Administrative law, Freshfields Bruckhaus Deringer LLP is a second tier firm,

Freshfields Bruckhaus Deringer is ‘excellent at challenging regulatory decisions’. The practice represented Total on its public procurement activities as contracting authority and concessionaire for the development of the Tempa Rossa oil field in Basilicata. WIND Telecomunicazioni is a client. Marcello Clarich is praised for the ‘clarity, depth and consistency of his advice’.

Banking and finance

Within Banking and finance, Freshfields Bruckhaus Deringer LLP is a third tier firm,

Headed by Corrado Angelelli, Freshfields Bruckhaus Deringer’s Italian finance practice stands out for being structured as a single department. The team acted for Prysmian as borrower on its €1bn-plus refinancing and advised Valore Reale, manager of the real estate investment fund Margot, as borrower on a financing granted by a pool of banks for the acquisition of four major real estate assets. The Royal Bank of Scotland was assisted, as lender, on the restructuring of loan facilities granted to two companies belonging to the Risanamento group. Ex-Bonelli Erede Pappalardo lawyer Daniela Terno was appointed counsel.

Capital markets: Debt

Within Capital markets: Debt, Freshfields Bruckhaus Deringer LLP is a third tier firm,

Freshfields Bruckhaus Deringer recently acted for arrangers Mediobanca and Banca IMI in the €1.3bn bond issue by Telco and advised Société Générale, as arranger, on the securitisation of trade receivables originated by Wabco Italia. Corrado Angelelli is recommended and Daniela Terno was recently appointed counsel.

Corporate and M&A: Milan and Rome

Within Corporate and M&A Milan and Rome, tier 4

Notwithstanding market conditions, the ‘responsive and commercially minded’ team at Freshfields Bruckhaus Deringer retained a prominent presence in the market, with a good mix of domestic and international clients. The team advised State Street Corporation in relation to the €1.75bn acquisition of Intesa Sanpaolo Servizi Transazionali. Iride Acque e Gas was assisted with the reorganisation of its water services business in the north of Italy. New corporate head Nicola Asti replaced Mario Ortu, now in a worldwide leadership role.

Dispute resolution

Within Dispute resolution, Freshfields Bruckhaus Deringer LLP is a second tier firm,

Freshfields Bruckhaus Deringer’s Rome-based Fabrizio Arossa represented British Gas with continuing €2bn civil claims brought within criminal proceedings concerning the Brindisi regasification plant project. In Milan, Enrico Castellani advised Deutsche Bank on a large dispute generated by the collapse of a joint venture related to the development of wind energy parks.

EU, regulatory and competition law

Within EU, regulatory and competition law, Freshfields Bruckhaus Deringer LLP is a second tier firm,

Freshfields Bruckhaus Deringer’s ‘focused’ Tommaso Salonico and ‘competent’ Gian Luca Zampa head the team. The practice advised A2A and Iride in relation to an investigation opened by the Italian Antitrust Authority for alleged breach of anti-competitive agreements relating to the sale of electricity. Solvay Solexis was assisted with the challenge on an EU Commission decision concerning a cartel investigation before the General Court of the European Union.

Employment

Within Employment, tier 4

Led by counsel Luca Capone, Freshfields Bruckhaus Deringer has built a noteworthy employment, pensions and benefits practice. State Street was assisted with the labour aspects of the acquisition of Intesa Sanpaolo’s securities services business.

Energy

Within Energy, tier 4

Freshfields Bruckhaus Deringer’s highlights included advising Hannover Leasing on the acquisition of ten photovoltaic parks in Puglia.

Real estate

Within Real estate, Freshfields Bruckhaus Deringer LLP is a second tier firm,

Freshfields Bruckhaus Deringer’s competitors describe Marzio Longo as ‘simply brilliant’. The team acted for Burberry on the acquisition and development of Burberry’s stores in Italy, and assisted IKEA Centre Italia with the acquisition of a shopping centre under development. Pirelli Real Estate is a client. Emiliano Conio is noted for real estate finance transactions.

Restructuring and insolvency

Within Restructuring and insolvency, Freshfields Bruckhaus Deringer LLP is a third tier firm,

Freshfields Bruckhaus Deringer is ‘timely and reliable’. Highlights included advising Lucchini, as borrower, in relation to the Lucchini Group’s debt restructuring.

TMT

Within TMT, Freshfields Bruckhaus Deringer LLP is a second tier firm,

Clients praise Freshfields Bruckhaus Deringer for its ‘knowledge of the client’s business’. The practice provides a broad range of advice on broadcasting and telecoms regulation, internet and e-commerce, privacy and data protection, research and outsourcing. The group is experienced in the regulatory issues concerning electronic communications and media, and assists in filings and proceedings before the Italian regulators as well as in disputes before the civil and administrative courts. ENEL Distribuzione was advised on its innovative project for the development and implementation of a remote-controlled system for electricity consumption metering and user management. Luca Ulissi’s ‘negotiating skills often prove key in sorting difficult issues out’.

Tax

Within Tax, Freshfields Bruckhaus Deringer LLP is a third tier firm,

Led by Renato Paternollo, Freshfields Bruckhaus Deringer advised several foreign bank and companies in connection with audits carried out by the Italian tax authorities in relation to tax credit refunds. Paternollo has ‘extensive experience of dealing with bank tax issues’.


What we say worldwide

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United Arab Emirates

Offices in Dubai and Abu Dhabi

Austria

Offices in Vienna

Belgium

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Bahrain

Offices in Seef District

China

Offices in Beijing and Shanghai

Germany

Offices in Dusseldorf, Hamburg, Frankfurt, Berlin, Munich, and Cologne

Spain

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France

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Hong Kong

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India

Italy

Offices in Milan and Rome

Japan

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London

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Morocco

Netherlands

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Philippines

Russia

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Saudi Arabia

Offices in Riyadh

Tunisia

United States

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Vietnam

Offices in Ho Chi Minh City and Hanoi

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