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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Italy > Banking and finance > Borrower side > Law firm and leading lawyer rankings


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  1. Banking and finance: borrower side
  2. Hall of Fame
  3. Leading individuals
  4. Next generation lawyers

Leading individuals

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Next generation lawyers

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Who Represents Who

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BonelliEredehas great business acumen and industry expertise’, which are both regularly applied in matters pertaining to acquisition finance, corporate finance, property finance, and project finance. Other areas of expertise include restructuring, financial services and related regulatory issues, and the group also has a leading practice for LBOs, and financing public bids and takeovers. It regularly assists borrowers with syndicated, bilateral and large-scale corporate loans and recently advised Terna on a financing for the creation of power lines in Uruguay. Project finance expert Catia Tomasetti is ‘simply the best’ and Emanuela Da Rin and senior counsel Antonio La Porta are also highly regarded.

Chiomenti Studio Legale is highly rated for structured finance; asset finance; distressed finance and non-performing loans (NPLs); acquisition and leveraged finance; real estate finance; syndicated loans; and financial restructuring. The team advised SIA on a €500m facility agreement to finance the acquisition of UniCredit Business Integrated Solutions and UniCredit Business Integrated Solutions (Austria)’s electronic money-processing sector IT service businesses, as well as to grant a revolving facility for general corporate purposes. The key advisers are Giulia Battaglia, Carola Antonini, Luca Bonetti, Carmelo Raimondo and Antonio Tavella. Other recommended names are Gregorio Consoli, Francesco Ago and Giorgio Cappelli.

Clifford Chance’s ‘hugely experienced practice’ fields a mix of Italian and English qualified lawyers, who are equally strong on domestic and cross-border transactions. Key matters include advising Prometeon, a recently created holding company of the industrial tyre business formerly held by Pirelli Group, on a €600m secured term and revolving facility, which was arranged by Bank of America, China Construction Bank, HSBC and ING. Giuseppe De Palma, Ferdinando Poscio and Lucio Bonavitacola are highly rated; and Francesca Cuzzocrea and Gioacchino Foti are key counsels. Charles Adams divides his time between Milan and New York.

Linklaters’ Italian, UK and US high-yield and banking specialists are experienced in advising on plain vanilla investment grade transactions, highly complex leveraged deals and innovative asset financings. The team recently assisted Tikehau Investment Management with the financing of the acquisition and recapitalisation of Selcom. Andrea Arosio and Francesco Faldi are highly regarded, along with counsels Tessa Lee, Alessandra Ortelli and Antongiulio Scialpi. Senior managing associate Lilia Maria Lani, and managing associates Alessandro Tanno and Diego Esposito are also experienced lawyers.

Allen & Overy - Studio Legale Associato’s ‘strong team of experienced individuals is able to work seamlessly between the Milan and London offices’ and advises borrowers on general lending, acquisition finance, leveraged finance, real estate finance, and export credit finance. Other areas of strength include project finance, high-yield matters, debt restructuring, NPLs, and structured finance. In recent highlight work, the group assisted Ansaldo Energia with the amendment and restatement of a €400m senior revolving credit facility agreement. Stefano Sennhauser ‘gives practical, quick and accurate advice’; Pietro Scarfone is ‘reliable and hard-working’; and counsel Frederic Demeulenaere ‘has the ability to tie together all aspects of complex transactions’. Gian Luca Coggiola is a highly regarded senior associate.

Gianni, Origoni, Grippo, Cappelli & Partners includes project finance specialists, who are active in the hospitals, infrastructure, oil and gas, and energy and renewables sectors and ‘always provide outstanding work’. The team is particularly noted for its management of large NPL portfolios and also recently assisted Atlantia with the financing of a voluntary tender offer to acquire Spain’s Abertis Infraestructuras. Giuseppe De Simone is ‘an outstanding lawyer and negotiator’; Stefano Agnoli’s ‘main strengths are understanding clients’ needs’; and Emanuele Grippo has ‘a solutions-oriented attitude’. Other experienced advisers include Eugenio Grippo, Matteo Gotti, Ottaviano Sanseverino, Matteo Bragantini, and Oriana Granato.

Legance - Avvocati Associati’s client base includes public sector entities and institutions, corporations, private equity funds, and real estate fund firms; and the ‘excellent firm’ has a robust energy and infrastructure-related project financing practice. Highlights included advising Castello SGR on an approximately €40m photovoltaic (PV) plants-related refinancing. Andrea Giannelli is highly rated; and Luca Autuori is ‘a high-level professional for negotiations’. Monica Colombera, Filippo Ruffato, Giandomenico Ciaramella, Emanuele Espositi, and Guido Iannoni Sebastianini are other key practitioners.

DLA Piper’s ‘high-quality professionals can cover multiple jurisdictions and provide cross-sector teams to serve banks’ needs’. The team is highly regarded for leveraged and corporate lending, and assists with syndicated lending transactions, as well as export credit agency-backed deals. Other areas include the financing of wind farms and PV plants, the refinancing of renewable plants’ portfolios, and real estate financings. Federico Zucconi Galli Fonseca is ‘very focused on client needs’; and Antonio Lombardo is ‘a great finance lawyer’. Francesco de Gennaro, Agostino Papa, Francesco Ferrari and Ugo Calò are also highly regarded, as are senior partner Francesco Novelli and Giovanni Ragnoni Bosco Lucarelli. Mario D’Ovidio joined Studio Legale Associato a Watson Farley & Williams and Domenico Gaudiello left for CMS.

Freshfields Bruckhaus Deringer’s practice ‘provides solid, reliable advice’ on leveraged finance, structured finance, debt restructuring, project finance, and acquisition finance transactions. Other areas of expertise are real estate finance transactions and NPL deals. Emiliano Conio, who ‘sees through complex issues to come up with useful solutions’, led advice to Apollo on a €170m refinancing of its acquisition of a portfolio of Italian and pan-European offices. Corrado Angelelli is highly regarded.

Gattai Minoli Agostinelli & Partnerscombines the professionalism of a global top law firm with the market insight that clients need in Italy’; the group is particularly highly rated for LBO financings, corporate finance and sport finance transactions, and has also developed a real estate finance practice. In recent highlights, the ‘extremely respected and experiencedRiccardo Agostinelli advised Saviola on its medium-term debt reorganisation. Lorenzo Vernetti is ‘commercially minded, responsive and smart’ and Gaetano Carrello, Marco Leonardi and Emanuela Campari Bernacchi are other experienced practitioners.

Latham & Watkins LLP is particularly active in acquisition finance, corporate lending, leveraged finance, and debt restructuring. Andrea Novarese led advice to Autogrill on a high-value facility agreement refinancing. Marcello Bragliani and recently promoted counsel Mauro Saccani are also well regarded.

Norton Rose Fulbright’s banking team has a particularly strong standing in the financial institutions, energy and infrastructure, mining, and commodities sectors, but also focuses on transport, technology, life sciences and healthcare-related matters. Arturo Sferruzza heads the Italian banking and energy teams; and Gennaro Mazzuoccolo is another key adviser. Mario Lisanti joined Ashurst in Milan.

White & Case (Europe) LLP advises non-bank investors and funds on leveraged finance matters, including senior and bridge commitments, and private high-yield matters, as well as restructuring, refinancing, and NPL portfolio acquisitions. It advised Open Fiber on a €510m bridge financing granted by BNP Paribas, UniCredit and Société Générale. Giuseppe Barra Caracciolo, Iacopo Canino and Gianluca Fanti are the recommended advisers, alongside Michael Immordino.

Ashurst hired Mario Lisanti, who now leads the Italian banking team, from Norton Rose Fulbright. The group advised Irminio on its up to $100m borrowing base facility. Other key team members include energy and infrastructure project finance specialist Carloandrea Meacci, Italy head Franco Vigliano and counsel Umberto Antonelli.

Cleary Gottlieb Steen & Hamilton LLPprovides an excellent service’. Recent work includes advising private equity fund Lone Star on the financing for the potential acquisition of Grandi Stazioni Retail, the lease management, media and advertising business of Italy’s national railway operator. Carlo de Vito Piscicelli, Roberto Bonsignore, Pietro Fioruzzi, Giuseppe Scassellati-Sforzolini and the ‘extremely responsive and prepared’ counsel Claudio Di Falco are all recommended.

Hogan Lovells Studio Legale’sCarlo Massini, who ‘has good negotiation skills’, led advice to Forno D’Asolo on credit facilities made available by Banca Popolare dell'Emilia Romagna and UBI Banca.

Nctm Studio Legale handles banking and financing transactions for private equity firms and prestigious global borrowers. Recent matters include advising Ambienta and Tattile on acquisition financing for the proposed acquisition of Chromanses. Eugenio Siragusa is ‘a very talented lawyer’. Stefano Padovani, Corrado Verna and Giovanni de’ Capitani di Vimercate are other names to note.

Orrick, Herrington & Sutcliffe is adept at advising on NPLs, real estate finance and general lending transactions. Raul Ricozzi, who is focused on project financing, leveraged, asset and shipping financing and debt issues, ‘has strong knowledge’; and real estate finance expert Emanuela Molinaro is ‘a great negotiator’. Patrizio Messina is also widely praised.

Pedersoli Studio Legale is best known for its expertise in acquisition finance and sophisticated corporate finance transactions, but also attracts a steadily increasing stream of real estate finance instructions. The team advised, in coordination with a US law firm, Italian company Zobele Holding on facilities granted by a pool of international banks. Maura Magioncalda, Alessandra De Cantellis and Consuelo Citterio are highly regarded. Alessandro Fosco Fagotto departed for Dentons.

Simmons & Simmons advises on acquisition and leveraged finance, export finance, real estate finance, structured finance, project finance, and alternative lending. It advised SNAI on an €85m credit facility by a syndicate of banks. Nicholas Lasagna is ‘reactive and available’; Davide D’Affronto is ‘a great negotiator’; and Fabrizio Dotti ‘has deep legal knowledge’. Romeo Battigaglia is also highly rated.

Studio Professionale Associato a Baker & McKenzie advises on bilateral and syndicated bank financings, acquisition finance, project finance, and debt restructuring. Alberto Fornari is the name to note.

Proactive firmCBA Studio Legale e Tributario recruited ‘the always available’ Francesco Dialti from Studio Legale Associato a Watson Farley & Williams. The team advised a Falck Renewables Group special purpose vehicle on the refinancing of its financial indebtedness.

CMS hired Domenico Gaudiello as public finance leader from DLA Piper. Banking and financial law head Paolo Bonolis is recommended for complex financing transactions.

Dentons’s ‘excellent team’ assists with acquisition and leveraged finance, structured finance, general corporate lending and refinancing, project finance, performance guarantees, and security packages; the group is also experienced in real estate financing. Managing counsel Dina Collepardi is highly regarded; Alessandro Fosco Fagotto joined from Pedersoli Studio Legale and Giovanni Diotallevi joined from Chiomenti Studio Legale.

Eversheds Sutherland Associazione Professionale recently advised a pan-European investment fund on a real estate-related financing granted by UBI Banca. Marco Franzini and Alessandro Engst are the key advisers.

Gatti Pavesi Bianchi Studio Legale Associato is ‘devoted to its clients’. The team acts in high-profile financings and restructurings and is particularly focused on property and acquisition finance, as well as on general lending for corporate purposes. Andrea Limongelli is highly rated.

Giovannelli e Associati Studio Legale’s Michele Mocarelli, who ‘has extensive banking sector knowledge’, joined from Pavia e Ansaldo: he recently advised a food ingredients sector company on its refinancing.

Lombardi Segni e Associati’s ‘level of service is high’: the team is particularly recommended for its assistance to industrial companies and private equity funds with acquisition, leverage and project finance. Antonio Amoroso is ‘a solid and skilled negotiator’; and Mara Fittipaldi and Maria Elena Cannazza are also experienced practitioners.

Macchi di Cellere Gangemi hired of counsel Emanuele Cusa from R&P Legal. The ‘reactive’ practice advises on the financing and refinancing of projects in the energy, infrastructure and water service sectors. Claudio Visco is highly regarded.

Orsingher Ortu – Avvocati Associati is focused on acquisition finance and merger LBO deals, real estate and project finance, and restructuring. The team assisted a borrower with a real estate-related loan facility. Manfredi Leanza is ‘competent and sensible’.

Osborne Clarkeprovides appropriate advice that is correctly priced’; the team assists with traditional and alternative forms of finance; acquisition and renewable energy-related project financing; real estate finance; and debt restructuring. Umberto Piattelli is ‘highly supportive’. Andrea Pinto, who ‘makes clients feel safe’, joined from K&L Gates.

Pavia e Ansaldo’s department covers leveraged, asset, acquisition and corporate finance. Other key areas include mezzanine and subordinated loans, project finance, real estate finance, structured finance, and syndicated lending. Mario Di Giulio and Roberto Zanchi are the key names. Michele Mocarelli joined Giovannelli e Associati Studio Legale.

Studio Legale Associato a Watson Farley & Williams’ ‘multidisciplinary practice’ includes Pierpaolo Mastromarini, who ‘has impressive expertise’ and advised Green Lucca on a financing provided by UniCredit Banca. Furio Samela is ‘very skilled in shipping finance’. While the ‘always committed’ Mario D’Ovidio joined from DLA Piper, Francesco Dialti left for CBA Studio Legale e Tributario.

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