Firm Profile > Latham & Watkins LLP > Milan, Italy

Latham & Watkins LLP
20121 MILAN

Capital markets: Debt Tier 1

Latham & Watkins LLP's 'super-strong team' has a particularly strong position in the Italian high-yield market. It advises clients on Italian and US law. The practice can also count on other European-based support, with resident teams of Italian speaking lawyers in London and Paris. The Italian team is led by Antonio Coletti, while the US team includes Jeffrey Lawlis and Ryan Benedict, who works from the Milan and London offices. Lawlis is highly rated for his knowledge of high-yield bond and loan products and Benedict is 'one of the best DCM lawyers around'. Counsel Isabella Porchia is also a DCM specialist.


The practice has the unique combination of on-the-ground resources in Italy, familiarity with both Italian matters and global reach and expertise in debt capital markets.

The team is highly knowledgeable and experienced in its market. It is the go-to firm for Italian high-yield issuances.

Best in class in understanding the business and very quick and detail-oriented – you can definitely count on them 24/7.

A super-strong team.

Jeff Lawlis is an excellent lawyer. He deals with some of the most complex financings in challenging industries, and handles everything in a very client-friendly and accessible manner.

Jeff Lawlis is accurate and deal oriented.

Besides being extremely competent, Milan-based US partner Ryan Benedict  is always present on each deal and ensures that even the most complex last- minute issues are dealt with in a timely, client-friendly and practical manner. His flexible and commercial approach makes him a very reassuring presence, not only for clients’ legal teams, but also for their internal business lines.

Ryan Benedict is one of the best DCM lawyers around.

Key clients


Credit Suisse

Bain Capital

The Carlyle Group



Team System


JP Morgan

Goldman Sachs



Private equity Tier 1

Latham & Watkins LLP is well known for major private equity transactions and for its cross-border capabilities. Giovanni Sandicchi was recently part of a team that advised Sisal Group (a CVC portfolio company) and Banca 5 (an Intesa Sanpaolo subsidiary) on an agreement to create a new company, which offers banking products and payment and transaction-oriented services. Stefano Sciolla is local corporate department chair and co-chair of the firm’s retail and consumer goods industry group; and Cataldo Piccarreta has extensive experience advising private equity sponsors and companies on complex domestic and cross-border transactions.


This full-service practice has extended capabilities across functions, disciplines and countries.

It is great for availability, acumen and commercial flexibility.

Cataldo Piccarreta is an amazing lawyer with excellent commercial sense and the ability to drive deals through to completion; he also has outstanding relationship-building capabilities and is trusted by many private clients, which is a great comfort when he is on either side of a transaction.

Key clients

The Carlyle Group

Bain Capital

BC Partners


CVC Capital Partners


Global Infrastructure Partners


Pai Partners


Five Arrows

Morgan Stanley Infrastructure Fund

TA Associates

L Catterton

SK Capital

Hellman & Friedman

Banking and finance: Borrower side Tier 2

Latham & Watkins LLP is active in acquisition finance, corporate lending, leveraged finance and debt restructuring. Italian banking and finance department head Marcello Bragliani advises borrowers (and is particularly focused on private equity) on leveraged finance and bank and bond transactions, which frequently involve cross-border aspects. At counsel level, the practices of Mauro Saccani and Antongiulio Scialpi include leveraged and acquisition finance. Former partner Andrea Novarese left for White & Case (Europe) LLP.


The team is extremely competent and gives clients the clear perception that it is always ready, always on its side, and is never taken by surprise.

A key element to the Latham & Watkins firm is its ability to be very present at 360 degrees throughout the process, managing to work independently on many issues, thereby minimising the time required by company management and sponsors’ personnel.

The fact it is a firm with a global presence, but local focus, guarantees great experience and maximisation of terms, thanks to the remarkable precedents available to them. However, the real differentiating element is the people in the firm, who are of maximum standing. Thanks to their technical knowledge, they know how to combine deep understanding of business dynamics. The speed of responses and availability shown are certainly other key elements that convey the deep commitment they have for their work.

Marcello Bragliani is a reliable, honest person with a critical spirit, who quickly understands the situation and develops strategically correct solutions that he then presents in a clear and transparent manner to clients.

Counsel Antongiulio Scialpi is a great professional, who is very available and responsible.

Counsel Mauro Saccani is extremely good.

Key clients



Bain Capital

F C Internazionale

PAI Partners

Proma Group


SK Capital


The Carlyle Group

LGT European Capital



Platinum Equity

Banking and finance: lender or arranger side Tier 2

Latham & Watkins LLP 'has a strong commitment to quality and professionalism'. The practice is active in acquisition finance, corporate lending, leveraged finance and debt restructuring. Marcello Bragliani is highly rated for his advice to lenders on leveraged finance and bank and bond transactions, including complex cross-border matters. At counsel level, the practices of Mauro Saccani  and Antongiulio Scialpi include leveraged and acquisition finance. Former partner Andrea Novarese left for White & Case (Europe) LLP.


Has a strong commitment to quality and professionalism.

This is a super-strong team with unique combination of on-the-ground resources in Italy and expertise in leveraged lending, as well as familiarity with Italian matters and global reach.

The team is appreciated for its capacity to provide clients with innovative solutions to complex legal matters and to create cross-office teams that are capable of bringing in expertise to address clients’ needs across a wide spectrum of fiscal, corporate and regulatory areas.

The practice is very professional, very competent and with a high reputation. Clients instruct them on the most difficult deals, usually cross-border or local ones that, for complexity, require a more specialist approach.

Their standing and trustworthiness is clearly appreciated by the banks and this ensures the proper level of confrontation.

They know the Italian market very well and what banks need – clients can very much rely on them.

Strong technical skills, experience in bond financing in Italy, availability and commitment.

Counsel Mauro Saccani is extremely good.

Key clients

Banca IMI

BNP Paribas and BNL

Crédit Agricole

Intesa Sanpaolo

J P Morgan


Capital markets: Equity Tier 2

Latham & Watkins LLP regularly advises on high-profile transactions for both issuers and underwriters. The practice stands out for its ability to assist clients with both Italian and US law. The Italian team is led by Antonio Coletti, who recently advised on major Italian capital markets transactions (including IPOs), and includes five Italy-qualified lawyers. The US team includes Jeff Lawlis and Ryan Benedict, who is based in the firm's Milan and London offices. Lawlis has significant experience of public and private cross-border deals, while Benedict has broad capital markets expertise. Counsel Isabella Porchia is experienced in ECM offerings.

Commercial, corporate and M&A Tier 2

Latham & Watkins LLP is well known for its cross-border capabilities and the practice is regularly involved in headline transactions. Stefano Sciolla's strengths lie mainly in M&A, private equity, joint ventures and cross-border deals, while Giovanni Sandicchi has contributed greatly to strengthening the group's M&A and private equity capabilities. Cataldo Piccarreta advises private equity sponsors and companies on complex domestic and cross-border transactions. Promoted to partner in 2018, Giancarlo D’Ambrosio's sector experience includes sports and entertainment, fashion and media. Former partner Maria Cristina Storchi joined White & Case (Europe) LLP.


It has an international mindset with the right mix of aggressiveness and empathy. The associates are also up to the job.

Giovanni Sandicchi and his team have great availability and competence levels.

Key clients

The Carlyle Group

F C Internazionale


Global Infrastructure Partners

TA Associates

Morgan & Stanley

Sky Italia



Pai Partners


BC Partners


CVC Capital Partners

Bain Capital


Cerved Group

Industry focus: Retail Tier 3

The retail and consumer products industry group at Latham & Watkins LLP is headed in Italy by Stefano Sciolla, an M&A specialist who is frequently involved in private equity, joint ventures and cross-border work. The practice is very active in matters related to corporate law and financing, counting a number of banks among its clients. Recent highlights include advising The Carlyle Group on its joint venture with Investindustrial to create a global high-end interior design group, a matter which required multijurisdictional expertise and which also involved the firm's offices in the US, UK and Belgium.

Key clients








The Carlyle Group


Generali Group


Golden Goose

Securitisation Services

Banca Finanziaria Internazionale

Moka Bean


Restructuring and insolvency Tier 3

Latham & Watkins LLP is frequently involved in a steady stream of prominent restructuring mandates, including distressed lending, out-of-court debt restructuring and in-court proceedings. Local chair of the banking and finance department, Marcello Bragliani, recently advised on distressed investments. At counsel level, Mauro Saccani is a debt restructuring expert and Antonio Distefano is a key name on the litigation side.


The L&W team performs very well. Its people show capabilities and competences in managing distressed M&A in restructuring situations.

Proven knowledge of local law and an excellent understanding of the borrower’s situation makes the difference. The associates and senior associates also act as high-worth professionals in developing and implementing solutions.

Key clients

Alisarda – Air Italy

Bain Capital Credit

Banco BPM

CPL Concordia

Gruppo D’Alesio

Gruppo Gemmo

Intesa Sanpaolo




Tecnica Group


The firm: Latham & Watkins is a leading international law firm serving multinational companies, start-ups, investment banks, private equity funds, venture capital firms, sovereign wealth funds, governments and other organisations. The firm’s global platform spans Asia, Europe, the Middle East and the US, and consists of internationally recognised practices across a wide spectrum of transactional, litigation, corporate and regulatory areas. Latham attorneys offer unrivalled legal resources and strategic commercial thinking to provide clients with innovative solutions to complex business and legal matters.

Italian practice: Latham & Watkins in Italy offers an on-the-ground understanding of local markets, Italian and US law capabilities and a significant footprint that few international firms can match.

In addition, Latham has extensive experience advising on the international aspects of a broad range of transactions for Italian clients. The latter benefit from high-level legal expertise as they develop their business though both inbound and outbound investment activities.

Areas of practice: Latham’s Italian practice, operating from offices in Milan and Rome, regularly represents large and mid-sized Italian and international companies and financial institutions doing business throughout Italy. Its lawyers handle capital markets, M&A, private equity, leveraged finance, insolvency and restructuring, and real estate transactions, and also advise Italian and international clients on general corporate, antitrust, administrative law and litigation cases.

The group has extensive experience with inbound and outbound Italian M&A including private, public and private-equity backed acquisitions, advice on extending European-based tender offers to the US market and arranging public and private financing of such transactions. The Italian team also advises Italian and international lenders, developers, investors, borrowers, property owners and tenants on an extensive range of real estate transactions. On the corporate finance side, Latham’s experience spans capital market transactions, including SEC-registered deals, Rule 144A and Regulation S offerings, IPOs and debt offerings.

The Italian banking and finance team represents Italian lenders and borrowers on a range of matters, including leveraged finance, insolvency and restructuring, advising on integrated bank and bond products, including senior, subordinated and mezzanine debt transactions, and bridge financings.

Latham’s Italian litigation capacity includes full-service litigation solutions. With a core team of commercial litigation, arbitration and ADR, and a particular focus on company law matters, M&A and joint venture disputes, corporate insolvency and directors’ liability, the firm can handle the most complex national and international disputes. In addition, the Italian offices can boast an administrative law practice that represents private and public companies before administrative law courts in all aspects of complex energy, real estate and infrastructure projects, including development and permitting processes, litigation counsel on administrative law and legal compliance issues, legal diligence and opinions on public law matters, public regulations across highly-regulated sectors as well as environmental authorisations and public procurement matters.

The Italian offices incorporate an antitrust group that is an integral part of the firm’s global antitrust and competition practice. The firm has represented a number of large Italian and foreign companies before the European Commission, the Autorità Garante della Concorrenza e del Mercato (the Italian Antitrust Authority), and the Autorità per le Garanzie nelle Comunicazioni (the Italian National Regulatory Agency for Telecommunications), Italian courts and EC courts.

Department Name Email Telephone
Capital markets (debt and equity)
Banking and finance
M&A (domestic and cross-border, including inbound and outbound)
Private equity
Insolvency and restructuring
Real estate
Antitrust and competition
Administrative law
Photo Name Position Profile
Mr Ryan Benedict  photo Mr Ryan Benedict
Mr Marcello Bragliani  photo Mr Marcello Bragliani
 Antonio Coletti  photo Antonio Coletti
Mr Antonio Distefano  photo Mr Antonio Distefano
Mr Jeffrey Lawlis  photo Mr Jeffrey Lawlis
Mr Andrea Novarese  photo Mr Andrea Novarese
 Cataldo Giuseppe Piccarreta  photo Cataldo Giuseppe Piccarreta
Ms Isabella Porchia  photo Ms Isabella Porchia
Mr Mauro Saccani  photo Mr Mauro Saccani
Mr Giovanni Battista Sandicchi  photo Mr Giovanni Battista Sandicchi
Mr Stefano Sciolla  photo Mr Stefano Sciolla
Ms Maria Cristina Storchi  photo Ms Maria Cristina Storchi
Number of lawyers : 2,600+
at this office : 50
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