Molinari Agostinelli > Milan, Italy > Firm Profile

Molinari Agostinelli
CORSO GIACOMO MATTEOTTI 10
20121 MILAN
Italy

Italy > Banking and finance: Borrower side Tier 2

Molinari Agostinelli's banking and finance team covers leveraged, acquisition, corporate and real estate finance. It also draws on the strength of specialists in structured finance and distressed lending, along with complex disposals and acquisitions have UTP and NPL portfolios. The team is jointly headed by renowned banking law and insolvency expert Riccardo Agostinelli, who acts for investment funds and industrial groups; and Alessandro Fontana, who has longstanding banking and finance sector experience. Also key to the team is domestic and cross-border deal specialist Marco Leonardi, as well as Andrea Taurozzi and Daniele Migliarucci.

Practice head(s):

Riccardo Agostinelli; Alessandro Fontana

Testimonials

Able to identify innovative clauses and/or contractual models, so that they are able to respond better to the specific needs of clients.’

‘Diversified skills within the team – great aptitude for problem solving, negotiation skills and empathy with clients, colleagues and counterparts.’

Key clients

AEW

HHLA PLT Italy

Gruppo Saviola

Ecornaturasì

Kryalos SGR

Landi Renzo

J.P. Morgan Asset Management

AG Digital Media S.p.A.

Ambienta SGR

Gardaland

FWU Life Insurance Lux S.A

QuattroR

Burgo

Alto Partners

J Hirsch

Work highlights

  • Advised Burgo Group S.p.A on the negotiation of two amendment agreements (redefining certain terms and conditions of existing facility agreements).
  • Advised Saviola Group on a €115m financing from the European Investment Bank.
  • Advised AEW on a €66m financing that is secured by a mortgage on a real estate asset.

Italy > Real estate and construction Tier 2

Molinari Agostinelli's lawyers possess expertise across practice areas, allowing them to assist companies in all issues that may occur in a real estate context. In particular, the firm is experienced in acquisitions, disposals of assets and developments. Appointed in June 2023, Alessandro De Botton is now the firm’s managing partner and head of the real estate practice. He regularly advises major real estate companies, developers, contractors, investment funds and asset management companies. Marco Laviano is noted within the team for his specialism in real estate M&A and development projects.

Practice head(s):

Alessandro de Botton

Other key lawyers:

Marco Laviano; Ciro Di Palma

Testimonials

‘Alessandro de Botton, Marco Laviano and their team are unique professionals. Outstanding professional ethic, efficiency and kindness are top qualities.’

‘The quality of the output is outstanding, and there is a constant attention of the partner in charge to every single document that is produced to the client.’

‘Alessandro de Botton and Marco Laviano are always involved in every step of the negotiation. Valuable advisors in complicated matters and always oriented at deal closing.’

‘Alessandro De Botton is a talented lawyer, very prepared and dedicated.’

‘Ciro Di Palma delivers very accurate and comprehensive legal opinions and has managed the difficult relationship with the other party in a extremely positive way.’

‘Able to identify innovative solutions and to manage the risks associated with the operations to be implemented.’

‘High aptitude for problem solving, negotiation skills, high level of knowledge about the specific field of real estate.’

‘Alessandro de Botton is a great advisor as he provides hands-on practical insight into legal problems.’

Key clients

Blackstone Groupe

Finanziaria Internazionale Investments SGR

Coima SGR

Prelios SGR

Barings

Art Invest

Kryalos SGR

PGIM Real Estate

AEW

VGP Costruzioni

Banco BPM

Patron Capital

Hines Italia

Gardaland

Conserva

Ribes

Savills Investment Management SGR

Visaco

Impresa Pizzarotti

Interporto Regionale della Puglia

BNP Paribas REIM

Swiss Life Asset Management

PineBridge Investments

Generali Real Estate

Work highlights

  • Advising Patron Capital on several acquisitions, in joint venture with the pan-European asset manager Freo Group and real estate developer Bluestone Holding, of real estate properties located in Milan.
  • Advising Banco BPM on the disposal of a portfolio of real estate assets located across Italy, including some leading hotels in Turin and Rome.
  • Advising VGP on a numbers of acquisitions, mainly in the logistics sector, across Italy.

Italy > Restructuring and insolvency Tier 2

Molinari Agostinelli is regularly involved in large restructuring transactions, including assisting clients in matters involving major financial indebtedness. The firm stands out for its track record in advising both creditors and debtors in insolvency matters. The practice is led by corporate restructuring expert Ugo Molinari and Alessandro Fontana, who regularly advises major banks on important financial issues. Within the team, Riccardo Agostinelli is noted for his work on restructurings, distressed refinancings and insolvencies. Giacomo Colombo, promoted to partner in early 2023, is focused on restructurings and distressed M&A transactions.

Practice head(s):

Ugo Molinari; Alessandro Fontana

Testimonials

‘Excellent knowledge of restructuring instruments and corporate law, firm but weighted negotiation approach, highly skilled professionals.’

‘Straightforward approach, high flexibility, excellent analytical skills and “solution research” driven approach.’

Key clients

UniCredit

Banca Monte dei Paschi di Siena

Banco BPM

Intesa Sanpaolo

Aareal Bank

BNL

Illimity Bank

DeA Capital Alternative Funds

Gruppo Russotti

Cimolai

Castello SGR

Clessidra Restructuring Fund

Impresa Pizzarotti

Oxy Capital

Coima SGR

Banca Sistema

SACE

Istituto per il Credito Sportivo

Macquarie Group

Gruppo Marseglia

Quattro R

Cassa Depositi e Prestiti

Work highlights

  • Advising Cimolai on the financial indebtedness restructuring.
  • Advised a pool of financing banks and Loan Agency Services on the agreement with Ferroli concerning the financial manoeuvre underlying the new industrial and financial plan.
  • Advised the financial creditors of U.C. Sampdoria on the €100m negotiated settlement of the crisis.

Italy > Banking and finance: lender or arranger side Tier 3

Advising Italian and foreign banks, debt funds and other financial institutions, Molinari Agostinelli's practice covers leveraged, acquisition, property, corporate, real estate and structured finance. It also assists with distressed lending. Riccardo Agostinelli is a widely-esteemed banking law expert; Alessandro Fontana assists with structured finance transactions and major debt restructurings; and Marco Leonardi brings longstanding banking and finance sector experience. Other key team members are Andrea Taurozzi and Daniele Migliarucci.

Practice head(s):

Riccardo Agostinelli; Alessandro Fontana

Testimonials

‘State-of-the-art levels of know-how.’

‘Great at building up cross-functional teams that are able to cover most of the topics affecting the deal.’

‘Top-level professional capabilities, together with incomparable levels of flexibility and availability.’

‘Excellent team on the ground that pairs commercial capabilities with sound product knowledge.’

‘Riccardo Agostinelli and Daniele Migliarucci are true professionals with depth of knowledge and commercial spirit.’

‘Riccardo Agostinelli and Daniele Migliarucci  can move quickly, deploy the right level of resources and be laser-focused on execution.’

Key clients

Crédit Agricole

Cassa Depositi e Prestiti

Banca Nazionale del Lavoro

BPER Banca

ICCREA

Banca Monte dei Paschi di Siena

illimity Bank

Green Arrow Capital – Private Debt

RiverRock European Capital Partners LLP

Tenax Capital Limited

Azimut Libera Impresa

King Street Capital Management

Banca Sistema

QuattroR

Compass Banca

DeA Capital Alternative Funds

UniCredit

Banco BPM

Intesa Sanpaolo

Deutsche Bank

BNP Paribas

Banca Ifis

SC Lowy

Clessidra Private Debt

Work highlights

  • Advised a pool of international lenders on the TLA financing to Lutech SpA.
  • Advised Banco BPM, BPER Banca and UniCredit, as arrangers and lenders of a €65m bridge and long-term financing to Industria Italiana Autobus.
  • Advised Aareal Bank, UniCredit and Banca Intesa on the amendment of existing financing agreements with Fondo TVA.

Italy > Private equity Tier 3

Molinari Agostinelli advises Italian and foreign private equity funds on major transactions and corporate matters, including corporate governance. The team also assists with implementing structures for complex deals. Ugo Molinari's practice includes advising private equity firms and investment groups on private equity deals; and Margherita Santoiemma's experience covers M&A, LBOs, acquisition finance, and joint ventures. The practice further features Marco Laviano, who 'understands what is important to clients'.

Practice head(s):

Ugo Molinari; Margherita Santoiemma

Other key lawyers:

Marco Laviano; Ciro Di Palma

Testimonials

‘Molinari Agostinelli is a trusted adviser for private equity deals.’

‘The private equity team has great experience and business acumen, and provides proactive support.’

‘One of the main strengths of the firm is the ability to deliver senior-level attention to ensure tailored advice, which contributes to the success of the deal.

‘The team has very high-quality standards.’

‘A small, close-knit firm of smart lawyers with specific experience, especially in financial services, and a practical, pragmatic approach to fees.’

‘Ugo Molinari has the experience and knowledge to understand what might happen in complex and unprecedented circumstances within regulated financial institutions. That kind of ability to think clearly, when there isn’t a clear set of rules or precedent to follow, is very valuable.’

‘Marco Laviano is a top-notch professional, who is very efficient and available.’

‘Marco Laviano fully understands what is important to clients, and is always able to find the right balance between being commercial and protecting clients’ interests.’

Key clients

DEA CAPITAL ALTERNATIVE FUNDS

ALTO PARTNERS SGR

J.C. FLOWERS & Co.

J HIRSCH

CLESSIDRA RESTRUCTURING FUND

OXY CAPITAL

COIMA SGR

FIDERA

COIMA SGR

SETA HOLDING

Work highlights

  • Advised Seta Holding SA on the acquisition of 85% of Sebino S.p.A.
  • Advised DeA Capital Alternative Funds SGR on the acquisition of a 10% stake in Costa Edutainment Group (and the subscription of a €35m convertible bond).
  • Advised Alto Partners on the acquisition of the entire corporate capital of Lario Plast.

Italy > Banking and finance: Bank regulatory Tier 4

Molinari Agostinelli's team advises financial services companies on joint ventures, distribution partnerships, product launches and asset management and banking regulation. It also assists with the implementation, maintenance, evaluation and monitoring of organisational models. Group head Nicolò Juvara, who has an active financial services practice, is supported by Daniela Runggaldier.

Practice head(s):

Nicolò Juvara

Other key lawyers:

Key clients

Compass Banca S.p.A. – Mediobanca Group

Banco di Desio e della Brianza S.p.A.

Société Générale Securities Services S.p.A.

BPER

Banca Valsabbina

HSBC

ING Bank NV, Milan Branch

Crédit Agricole Group

Admiral Financial Services Italia S.p.A.

Noosa

Rabobank/De Lage Landen

JC Flowers

Banca Profilo S.p.A.

Compre Group

Work highlights

  • Advised Compass Banca on the acquisition of Soisy and a significant interest in HeidiPay.
  • Advised ING Bank on the structuring and implementation of a project aimed at reviewing ING Bank’s insurance product proposition model.
  • Advised Banco Desio on the regulatory filing and information duties towards the Bank of Italy, regarding the sale by Banco Desio of its merchant acquiring business to Worldline.

Italy > Commercial, corporate and M&A Tier 4

Molinari Agostinelli advises on the acquisition and divestiture of businesses, along with mergers and reorganisations. Ugo Molinari, who advises banks and Italian corporations on M&A, co-heads the group with Marinella Ciaccio and Margherita Santoiemma. Other advisers are M&A and insurance expert Nicolò Juvara, and corporate transaction specialist Alessandro De Botton.

Practice head(s):

Ugo Molinari; Marinella Ciaccio; Margherita Santoiemma

Other key lawyers:

Nicolò Juvara; Alessandro De Botton; Marco Laviano; Ciro Di Palma; Andrea Cecchi

Testimonials

‘Highly competent and client oriented.’

‘Very strong M&A team, providing out-of-the-box thinking and leveraging on vast industry experience.’

‘Molinari Agostinelli is unique in its approach to M&A.’

‘They are so competent and highly skilled that they perfectly master all the key legal aspects of transactions, also with stunning patience and perseverance.’

‘The corporate and M&A team is bonded by professionalism and great management.’

‘All the M&A lawyers share the same approach towards the file – deep legal knowledge, thoroughness and responsiveness. The partners are really hands on and available, know the file, and intervene at the right moment when the transaction needs a push forward.’

‘Ciro Di Palma is extremely knowledgeable and always available.’

‘Ciro Di Palma always has valuable insights on deals, is very proactive, and handles tight timelines perfectly. He really is the partner to rely on during transactions.’

Key clients

DeA Capital Alternative Funds

AZIMUT LIBERA IMPRESA SGR

Alto Partners SGR

CFT

J Hirsch

Lario Plast

JC Flowers

Gruppo Saviola

Assicurazioni Generali

Barbieri & Tarozzi

Itaca Equity Holding

Compass Banca

Cattolica Assicurazioni

Banco di Desio e della Brianza

Oxy Capital

Coima SGR

Seta Holding

Aquila Capital

Gardaland

Work highlights

  • Advised Banco Desio on the sale of its merchant acquiring business to Wordline.
  • Advised Seta Holding SA on the acquisition of 85% of Sebino S.p.A.
  • Advised Compass Banca on the acquisition of 19.5% of Swiss company HeidiPay and 100% of Italian company Soisy.

Italy > Dispute resolution Tier 4

Molinari Agostinelli is particularly adept at handling asset management litigation, shareholder disputes, bankruptcy and insolvency litigation as well as real estate and inheritance litigation. The practice is led by Ugo Molinari, a corporate and commercial litigator, and Roberto Crosti, a civil, commercial and insolvency specialist.

Practice head(s):

Ugo Molinari; Roberto Crosti

Testimonials

‘A wide range of professionals with effective preparation for complex cases.’

‘Very precise and meticulous in the study and preparation of the case.’

‘Able to weigh risks and the relative probabilities of occurrence. Able to identify the solution that allows the final results.’

‘Great aptitude for problem solving.’

‘Pragmatic skills.’

Key clients

Carlo Colombo

Coop Alleanza 3.0 Soc. Coop.

Nova Coop

Banca Monte dei Paschi di Siena

Coop Lombardia

Prelios S.p.A. – Prelios SGR

Kryalos SGR

DeA Capital Alternative Funds

Chubb European Group – Rappresentanza per l’Italia

Torre SGR

UniCredit

Banco BPM

Valentino ShoesLab

Generali Italia

Avior SA

Gruppo Saviola

Coop Liguria

Castello SGR

Gruppo Carlo Maresca

Magenta RE

Fenice Holding

Royalton Investments Limited

Alis S.p.A.

Banco di Desio e della Brianza

Impresa Pizzarotti & C. S.p.A.

Veld Capital

Bizzi & Partners

Work highlights

  • Assisted Prelios SGR S.p.A. in a dispute regarding a major real estate development project in Milan.
  • Assisted a former director of Valtur S.p.A. in the proceedings filed against former directors and auditors of the company.
  • Assisted two natural persons in an inheritance dispute regarding the disposal of a family owned company active in the food sector.

Italy > Administrative and public law Tier 6

Molinari Agostinelli‘s administrative and public law team advises clients on litigation and other administrative procedures, including public tender procedures, project finance, construction of conventional and renewable energy plants, town planning and building permits. Practice head Lorenzo Caruccio is the key contact for town planning, energy and environment-related matters, while Fausto Indelicato is particularly active in real estate matters.

Practice head(s):

Lorenzo Caruccio

Other key lawyers:

Testimonials

‘The team is always very collaborative and available to share comments and discuss even in very stressing timing and projects.’

‘The people I have worked with are very precise and professional in every aspect. They are very collaborative.’

‘They assist us with competence and attention. ’

‘The lawyers who follow us demonstrate processional attention, personal kindness, punctuality and availability to support us. ’

‘Very good attention to the client’s strengths and capabilities.’

Key clients

Tenova

MicroPort CRM

Metro Italia Cash and Carry

Generali Italia

Sorgenia Renewables

VGP Italy S.r.l.

Fondazione dell’Ordine degli Architetti, Pianificatori, Paesaggistici e Conservatori della Provincia di Milano

Ordine degli Architetti, Pianificatori, Paesaggistici e Conservatori della Provincia di Milano

Work highlights

  • Assisted Tenova in national (Consip) and regional (ARIA, ARCA, SCR, Azienda Zero, Soresa) tenders for the supply of medical devices and in the field of haemodynamics (coronary stents).
  • Assisted Cattolica Assicurazioni in the proceedings before the Regional Administrative Court of Lazio for the correct determination of concessionary charges relating to the building amnesty of a real estate complex in Rome.
  • Assisted MicroPort in the administrative process for the construction of an experimental plant for the production of green hydrogen at the Castellanza (VA) production site.

Italy > Tax Tier 6

Molinari Agostinelli's tax practice is experienced in extraordinary transactions and M&A deals, banking and finance-related tax issues, and the tax side to private equity, venture capital and real estate investment funds. Other areas are tax litigation, and international tax planning and tax ruling procedures. Tax head Ottavia Alfano joined from Di Tanno Associati in early 2022.

Practice head(s):

Ottavia Alfano

Other key lawyers:

Antonio Cuoco

Testimonials

Highly innovative.

Great quality and efficiency.

Key clients

Hudson Advisors (asset manager of Lone Star Funds)

Evoca S.p.A.

IGI Private Equity SGR S.p.A.

Loro Piana Family Office

Azimut Capital Management SGR S.p.A.

Outokumpu Group

Fondo Italiano di Investimento SGR S.p.A.

DeA Capital Alternative Funds SGR S.p.A.

OME S.r.l.

Bracchi S.r.l.

Blumen Group

Otis Group

E-Way Finance S.p.A.

Test Industry S.r.l.

Tramec S.r.l.

Matec Industries S.p.A.

Work highlights

  • Advised Fondo IGI Investimenti Sei on the tax aspects of the sale of Nuovaplast to Valgroup.
  • Advised IGI Investimenti Sei on the tax aspects of the acquisition of a substantial shareholding in Matec Industries S.p.A.
  • Advised a pool of financing banks on the tax aspects of the acquisition of Atos Italia by Lutech.

The firm: Molinari Agostinelli brings together highly regarded professionals who have worked together for a long time and who have gained significant expertise in complex and high-profile corporate transactions and disputes, both in Italy and abroad. The firm has developed far-reaching and consolidated relations with leading foreign law firms, and it provides global assistance to its clients in several areas of practice.

The firm’s professionals stand out for their qualification and versatility, working in teams dedicated to each deal or case. The work is carried out in strict co-operation with the clients with a view to providing tailored advice to meet their needs and expectations.

Some of the firm’s professionals are mentioned in all the major Italian and foreign legal directories and they have been awarded as best lawyers in their practice areas by some of the most prestigious Italian legal directories.

Areas of practice
Corporate and commercial law: the firm advises on different aspects of corporate law, with specific emphasis on corporate transactions, corporate governance and shareholders’ agreements as well as on reorganisation and restructuring of companies and corporate groups. The firm also assists clients with respect to commercial agreements covering a wide range of areas.

M&A – private equity: the firm boasts recognised expertise in the structuring and completion of complex corporate transactions, including acquisitions and disposals of businesses and shareholdings (both majority and minority interests), as well as mergers, transformations, de-mergers and reorganisations.

Insolvency and restructuring: the firm provides legal advice in the area of insolvency law and debt restructuring and it has been involved in some of the most important and delicate financial restructuring transactions implemented in Italy. The firm advises banks and debtors alike in relation to both private debt restructuring transactions as well as court-governed restructuring proceedings.

Insurance: the firm handles a wide range of domestic and international matters, advising on all aspects of the insurance industry. Its professionals boast a strong and consolidated experience in corporate, regulatory and contentious matters. Its clients include insurance and reinsurance companies, banks and other intermediaries, investors and operators of the insurance industry.

Real estate: the firm advises on real estate deals and is involved in acquisitions and disposals of assets (parcels of land and real estate portfolios) as well as in development and renovation transactions. The firm’s clients include real estate companies, developers and building contractors, investment funds and asset management companies active in the real estate sector. The real estate team is supported by the professionals specialised in public law with respect to building, town planning and licence-related issues.

Financial services: its dedicated financial services group serves all major areas of the financial services industry, with special regard to banking and insurance. The firm advises Italian, European and US financial services companies on a wide range of matters, including asset management and banking regulation, new product launches and contracts, the implementation, maintenance, evaluation and monitoring of organisational models and employee codes of conducts.

Banking and finance: the firm advises banks, financial institutions, industrial companies and both Italian and foreign investment funds, mainly in relation to transactions covering the areas of acquisition finance, property finance, corporate finance and structured finance.

Litigation – domestic and international arbitration: the firm advises its clients on complex litigation and arbitration cases covering civil and commercial matters, focusing in particular on contractual and tortious liability, also in relation to mergers and acquisitions, corporate governance issues, directors’ and holding companies’ liability.

Tax law: the dedicated team has a considerable and long-standing expertise in the management of highly complex extraordinary transactions and M&A deals, in the establishment of Private Equity, Venture Capital and Real Estate investment funds as well as in the legal and tax advice with regard to the relating investments, in the international tax planning, in the relationships with the tax authority in the frame of domestic and international tax ruling procedures, in the tax advice in financial matters and structured finance and in the tax litigation.

Administrative law: the firm advises private undertakings, institutions and public companies in the area of administrative law, both in contentious and non-contentious matters. The highly specialised professionals have gained significant expertise in public procurement and infrastructure, building and town planning law, energy and environmental law, as well as healthcare and pharmaceutical regulations.

Department Name Email Telephone
Corporate and commercial law Ugo Molinari
Corporate and commercial law Marinella Ciaccio
M&A – private equity Ugo Molinari
M&A – private equity Margherita Santoiemma
M&A – private equity Ciro Di Palma
Insolvency and restructuring Ugo Molinari
Insolvency and restructuring Riccardo Agostinelli
Insolvency and restructuring Alessandro Fontana
Insurance Nicolo' Juvara
Real estate Alessandro de Botton
Real estate Marco Laviano
Financial services Nicolo' Juvara
Financial services Daniela Runggaldier
Banking and finance Ugo Molinari
Banking and finance Riccardo Agostinelli
Banking and finance Alessandro Fontana
Banking and finance Marco Leonardi
Banking and finance Daniele Migliarucci
Banking and finance Maria Milano
Banking and finance Beatrice Neri
Banking and finance Andrea Taurozzi
Litigation – domestic and international arbitration Ugo Molinari
Litigation – domestic and international arbitration Roberto Crosti
Administrative law Lorenzo Caruccio
Tax law Ottavia Alfano
Photo Name Position Profile
Alessandro De Botton photo Avv Alessandro De Botton Equity Partner
Number of chartered accountants : 6
Number of lawyers : 50
English
French
German
Italian