Norton Rose Fulbright > Milan, Italy > Firm Profile

Norton Rose Fulbright
PIAZZA SAN BABILA 1
20122 MILANO
Italy

Italy > Banking and finance: Borrower side Tier 3

Norton Rose Fulbright‘s Italy team is best known for its advice to Italian clients on global financing transactions, and it is particularly noted for financings involving the energy, shipping, infrastructure, telecoms and real estate sectors. Leading the Italy banking and finance practice, Arturo Sferruzza‘s key areas are energy and infrastructure financings and export credit-backed finance. Gennaro Mazzuoccolo is a banking and finance specialist. Since publication, Luigi Costa left the firm.

Practice head(s):

Key clients

Carnival Corporation

Costa Crociere

Enel

Eni

Work highlights

  • Advised Carnival Corporation and Costa Crociere on a financing package valued at approximately €12bn, which involved numerous jurisdictions, including the UK, Germany and Italy.

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

Norton Rose Fulbright‘s Italy practice houses experts in energy and infrastructure, shipping, telecoms and real estate financing; clients particularly appreciate the firm’s global network during cross-border banking and finance transactions. Italy banking and finance leader, Arturo Sferruzza, is a specialist in energy and infrastructure project finance, shipping financing, and export credit and international trade finance and Gennaro Mazzuoccolo advises on lender-side finance deals. Since publication, Luigi Costa left the firm.

Practice head(s):

Other key lawyers:

Gennaro Mazzuoccolo" data-parent-type="account" data-parent-id="15252" data-disabled-flag="FALSE" data-office-id="47367" data-contact-id="645862">Gennaro MazzuoccoloElisabetta Negrini

Testimonials

Ability to support the client at every stage of the process, from due diligence to the structuring of financial documentation, indicating the aspects on which to focus more attention and negotiate.

Excellent knowledge of the reference markets and ability to relate to each counterpart.

Key clients

Alfa Capital Markets

Banca IMI

Banco BPM

Bank of America

Cassa Depositi e Prestiti

Crédit Agricole CIB

Deutsche Bank

European Investment Bank

HSBC

Iccrea BancaImpresa

ING

Intesa Sanpaolo Bank

JP Morgan

Kommunalkredit Austria

SACE

Santander

SIMEST

Société Générale

The Royal Bank of Scotland

UBI Banca

UniCredit

Work highlights

  • Advised Crédit Agricole CIB, Intesa Sanpaolo, Société Générale and UBI Banca on a €160m financing to Sonnedix to refinance a large portfolio of solar photovoltaic plants in Italy.
  • Assisted Deutsche Bank and SACE with a €96.5m loan facility (supported by SACE) to the Ministry of Finance of Ghana for the construction of a dam.
  • Advised Bank of America on a loan for general corporate purposes to FCA Bank, a joint venture between Stellantis Italy and Crédit Agricole Consumer Finance.

Italy > Industry focus: Energy Tier 3

Norton Rose Fulbright‘s Milan practice covers both oil and gas (including LNG and gas storage) and power, and is particularly noted for its expertise in the renewables sector (solar, wind, biomass/biogas, hydro and waste-to-energy). Banking and projects specialist Arturo Sferruzza heads up the energy team, which includes energy project financing expert Gennaro Mazzuoccolo. Since publication, Luigi Costa left the firm.

Practice head(s):

Testimonials

Excellent availability of its people.

Competence and friendliness.

With NRF you have the certainty of being followed by people who really know the energy sector, and who do not need to ask the meaning of technical words – this does not happen with other law firms.

Strong knowledge of the subject and excellent sensitivity to market trends.

The team is able to manage relationships with other law firms authoritatively, even during negotiations which is an added value.

Great capacity and availability.

Key clients

Amaranto Holding

Banco BPM

Crédit Agricole CIB

Enel

Eni

ESI

HUK 5 Italy PV 1 (Helios Energy)

ING Bank

Intesa Sanpaolo

Kommunalkredit Austria

Shell

Société Générale

Solar Konzept

Sonnedix

Total Gas & Power

UBI Banca

Work highlights

  • Advising Enel Green Power on a joint venture partnership with the sovereign wealth fund of the State of Qatar (Qatar Investment Authority), to finance, build and operate renewable projects in Sub-Saharan Africa.
  • Advised Crédit Agricole CIB, Intesa Sanpaolo, Société Générale and UBI Banca on a €160m financing to Sonnedix to refinance a portfolio of 21 solar plants in Italy.
  • Advised Total on the sale, import and storage activities of natural gas in Italy (including the implications arising from Brexit).

Italy > Commercial, corporate and M&A Tier 4

Norton Rose Fulbright is principally active within the energy and insurance sectors though has also handled a number of matters in the food and beverage and infrastructure industries of late. Salvatore Iannitti  leads the department which was recently bolstered by the arrival of Tiziana Del Prete from Grimaldi Studio Legale, a lawyer with a vast amount of corporate restructuring experience. The practice works in close operation with its colleagues overseas, often originating and leading cross-border transactions from the Milan office.

Practice head(s):

Salvatore Iannitti

Other key lawyers:

Claudio Di Falco; Arturo Sferruzza; Tiziana Del Prete; Pietro Altomani

Testimonials

‘The team is vast and includes several highly experienced professionals in the sector.’

‘Salvatore Iannitti and Claudio Di Falco were very competent in evaluating the legal and regulatory aspects of a possible extraordinary transaction.’

‘Very good industry knowledge, very quick responses, very competent.’

‘Salvatore Iannitti – very good subject and industry knowledge.’

‘NR team has been integrated excellently with our team, working hard together.’

‘The professionalism and competence of the team members, the number of professionals available to analyse the legal issues submitted, the active participation in the evolution of the regulations governing the sector, the knowledge of the market.’

‘We have been collaborating for several years with the lawyers Salvatore Iannitti and his collaborators, among which is Pietro Altomani. The collaboration has always been and continues to be fruitful, the analysis of legal issues accurate and in-depth, the relationship characterized by profound trust, simplicity in communication, understanding of objectives.’

‘Claudio di Falco is very helpful, as well as technically good, with great negotiation skills.’

Key clients

4D Global Energy Investments

AIG

Amaranto Holding

ANV

Aon

Armour

Blackstone Industrial Holdings

Bluesphere Italy

Coca-Cola HBC

Covéa

Dual Europe

Enel Group

HDI

Helios Energy Investments

Integra S.r.l.

Marseglia Amaranto Energia e Sviluppo

Risk Point

Sompo

TIIC

York Capital Management

Work highlights

  • Advising Enel Green Power on a joint venture partnership with the sovereign wealth fund of the State of Qatar, Qatar Investment Authority (QIA).
  • Advised Coca Cola HBC, through its subsidiary CC Beverages Holdings II BV (CCH Holdings), on the agreement to acquire a 30% stake in Casa Del Caffè Vergnano S.p.A. (Caffè Vergnano).
  • Advised Covéa Group, a leading French insurance company, on the undersigning, with the Italian bank, Banco BPM, of its revamped agreements.

Italy > Employment Tier 4

Norton Rose Fulbright has a significant track record in labour disputes, especially in connection to disciplinary and grievance matters, while also providing assistance during multi-jurisdictional reorganisations and transactions. Attilio Pavone heads up the team and often acts on cases in collaboration with the firm’s corporate and banking departments, with the assistance of associate Irene Bega and senior associate Boris Martella, who joined the firm in January 2021 from Dentons.

Practice head(s):

Attilio Pavone

Testimonials

‘Fast and with high skills in the sector. Excellent knowledge of clients’ businesses.’

‘Attilio Pavone makes the difference. He is a high-level expert on the subject and a connoisseur of the specific sector. Quick, helpful and attentive to details’.

Work highlights

  • Advised Coca Cola HBC on employment law matters related to the acquisition of a minority stake in a leading Italian coffee producer, Casa del Caffè Vergnano SpA. O
  • Advised ESI SpA on employment and labour law issues relating to the initial public offering of its ordinary shares and warrants on AIM Italia.
  • Advised Blackstone Industrial Holdings Ltd on employment and labour law issues relating to the legal due diligence for the drafting and negotiation of all the agreements relating to the entry of the Client into the corporate capital of Compression Service Technology – CST S.r.l. (CST).

Italy > Dispute resolution Tier 5

Norton Rose Fulbright has an industry-specific expertise in insurance litigation, while also advising and representing clients in insolvency and M&A-related disputes. Cecilia Buresti heads up the practice and mainly covers civil and commercial cases, including disputes over the manufacture and sale of allegedly defective products and related recall campaigns, environmental contamination and workplace safety, among others. Senior Associate Lucia Salerno assists her.

Practice head(s):

Cecilia Buresti

Other key lawyers:

Testimonials

‘Competence and availability, together with the ability to anticipate the client’s questions and needs.’

‘Cecilia Buresti and Lucia Salerno are both top-level professionals.’

Work highlights

  • Advising Swiss Re on a large value, high profile and complex all risk and casualty insurance coverage matter relating to the collapse of the Morandi Bridge in the Italian port city of Genoa.

The firm: Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 4000 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, the Middle East and Africa.

Areas of practice: Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through our global risk advisory group, we leverage our industry experience with our knowledge of legal, regulatory, compliance and governance issues to provide our clients with practical solutions to the legal and regulatory risks facing their businesses.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com

Offices: We have offices in the world’s most important business, financial and regulatory centres and are active in strategically important growth markets. Our offices are located in Amsterdam, Athens, Austin, Bahrain, Bangkok, Beijing, Brisbane, Brussels, Calgary, Canberra, Cape Town, Casablanca, Dallas, Denver, Dubai, Durban, Frankfurt, Hamburg, Hong Kong, Houston, Istanbul, Jakarta (in association with Norton Rose Fulbright Australia), Johannesburg, London, Los Angeles, Luxembourg, Melbourne, Mexico City, Milan, Minneapolis, Monaco, Montréal, Moscow, Munich, New York, Ottawa, Paris, Perth, Piraeus, Port Moresby, Québec, Rio de Janeiro, Riyadh (in association with Mohammed Al-Ghamdi Law Firm), San Antonio, San Francisco, São Paulo, Shanghai, Singapore, St Louis, Sydney, Tokyo, Toronto, Vancouver, Warsaw and Washington, DC. In Africa, we have alliances with firms in Kenya, Uganda, Burundi and Zimbabwe

Number of partners (worldwide): 1,000+
Number of other fee-earners (worldwide): 2,000+
Total staff: 7,500+

Global key contacts
Financial institutions: James Bateson
Energy: Anne Lapierre and John Mauel
Infrastructure, mining and commodities: Nick Merritt
Transport: Harry Theochari
Technology: Nick Abrahams
Life sciences and healthcare: Stacey Martinez and Randy Sutton

DepartmentNameEmailTelephone
Financial institutions James Bateson
Energy Charles Whitney
Infrastructure, mining and commodities Dirk Trautmann
Transport Harry Theochari
Technology and innovation Sean Murphy
Life sciences and healthcare Huw Evans
Other offices : Amsterdam
Other offices : Athens
Other offices : Austin
Other offices : Bahrain
Other offices : Bangkok
Other offices : Beijing
Other offices : Bogotá
Other offices : Brisbane
Other offices : Brussels
Other offices : Calgary
Other offices : Canberra
Other offices : Cape Town
Other offices : Caracas
Other offices : Casablanca
Other offices : Dallas
Other offices : Dar es Salaam
Other offices : Denver
Other offices : Dubai
Other offices : Durban
Other offices : Frankfurt
Other offices : Hamburg
Other offices : Hong Kong
Other offices : Houston
Other offices : Istanbul
Other offices : Jakarta (in association with Norton Rose Fulbright Australia)
Other offices : Johannesburg
Other offices : London
Other offices : Los Angeles
Other offices : Luxembourg
Other offices : Melbourne
Other offices : Mexico City
Other offices : Minneapolis
Other offices : Monaco
Other offices : Montréal
Other offices : Moscow
Other offices : Munich
Other offices : New York
Other offices : Ottawa
Other offices : Paris
Other offices : Perth
Other offices : Piraeus
Other offices : Port Moresby
Other offices : Québec
Other offices : Rio de Janeiro
Other offices : Riyadh (in association with Mohammed Al-Ghamdi Law Firm)
Other offices : San Antonio
Other offices : San Francisco
Other offices : São Paulo
Other offices : Shanghai
Other offices : Singapore
Other offices : St Louis
Other offices : Sydney
Other offices : Tokyo
Other offices : Toronto
Other offices : Vancouver
Other offices : Warsaw
Other offices : Washington, DC
Other offices : In Africa, it has alliances with firms in Kenya, Uganda, Burundi and Zimbabwe.