CMS > Rome, Italy > Firm Profile

00184 ROME

Italy > Tax Tier 2

CMS houses corporation tax, direct taxation, VAT, international taxation and transfer pricing experts. It also assists with digital economy tax issues, private client matters and tax disputes. Managing partner Giuseppe Ascoli and Federico Raffaelli, who is ‘trusted by clients‘, co-lead the team. Also notable are Giovanni CalìStefano Chirichigno and Fabrizio Alimandi, all of whom have broad tax practices; Beatrice Fimiani is a tax litigator; Carlo Gnetti and Mario Martinelli advise on corporate taxation; and Stefano Giuliano is ‘outstanding‘. Vittoria Segre is an experienced counsel.

Practice head(s):

Giuseppe Ascoli; Federico Raffaelli

Other key lawyers:


CMS has a very efficient tax team, with the client always treated as a top priority.

Focused on outcomes and results, the team is highly communicative and always there to find the best solution to achieve the client’s objectives.

Organised and meets deadlines on time.

All the individuals of the CMS tax team are highly skilled, proactive and goal oriented. They have perfect knowledge of the law and are always very responsive and available.

The lawyers are very passionate about their work, which they organise in a very efficient way, always meeting deadlines and communicating perfectly with clients.

A standout is Federico Raffaelli who is trusted by clients – he is truly to be recommended.

One really outstanding individual is Stefano Giuliano, but they are all very good, particularly for international taxation.

Stefano Giuliano is creative, thorough and very easy to work with. Clients very rarely came across anyone like him.

Key clients

Hill’s Pet Nutrition (Colgate Palmolive Group)

Heineken Italia

Baby & Job


Work highlights

  • Advised Hill’s Pet Nutrition (Colgate Palmolive Group) on due diligence and acquisition structuring issues (among others).
  • Acted for Heineken Italia in tax litigation before the Court of Cassation against the Italian Revenue Agency.
  • Advised Baby & Job on an M&A transaction involving its sale.

Italy > Banking and finance: Bank regulatory Tier 3

The regulatory practice of CMS‘ Italy team comprises investment services, asset management, insurance, fintech and payment services. The group is led by financial services specialist Paolo Bonolis, who advises major domestic and international banks and financial institutions. Providing key support are public finance expert Domenico Gaudiello, the firm’s global head of alternative lending, and alternative investment team leader, Andrea Arcangeli. At counsel level, Domenico Musso‘s experience includes regulatory issues.

Practice head(s):

Paolo Bonolis

Other key lawyers:


‘CMS’ strengths are its collaborative skills, quick replies and solid advice.’

‘Provides quick and professional answers.’

‘Flexibility, professional advice and tailored solutions.’

A very well-coordinated team for cross-border transactions and regulatory cross-border aspects.

Andrea Arcangeli is not only highly prepared, but always has a practical approach to problem solving.

Key clients

Commerzbank – Italian Branch

Aberdeen Standard Investments

Deutsche Bank

Aareal Bank

Legal & General Investment Management

Morgan Stanley

Binance Group

Worldline – Six Payment Services – Italian Branch



IM Global Partner

CMC Markets UK

81 Società di Consulenza Finanziaria Family Office

S A G Soluzioni Assicurative Globali

Nuveen Asset Management Europe



La Banque Postale

Beerfin (Heineken Group)





BNP Paribas

Work highlights

  • Advising Intesa Sanpaolo on the implementation of a complex cross-border project involving ten jurisdictions.
  • Advising a major crypto asset platform worldwide on the regulatory aspects associated with the onboarding and servicing of Italian crypto asset and crypto currency clients.
  • Advising a major bank on the regulatory aspects of the purchase of large-value US-originated loans.

Italy > Industry focus: TMT Tier 3

CMS advises domestic and international clients and start-ups on TMT policy development, e-commerce projects, and joint ventures. The team also regularly supports technology, media and telecoms organisations and is often engaged in matters pertaining to digital currencies, AI, blockchain and social media. Italo de Feo oversees the team and handles data protection, IT, and broadcasting and media regulation mandates. Paolo Scarduelli acts as a key port of call for domestic and international private equity clients on antitrust matters as well as corporate matters across a variety of sectors. Matia Campo was promoted to the partnership in mid-2022.

Practice head(s):

Italo de Feo; Paolo Scarduelli

Other key lawyers:


‘Innovation, proximity, kindness.’

‘Italo de Feo and Matia Campo are outstanding professionals with a deep knowledge of law together with a business approach in solving legal issues.’

‘Matia Campo’s commercial awareness is very strong. He is able to deliver the best legal support an in-house counsel would wish for, negotiating and advising on sophisticated TMT transactions and issues e.g. Cloud, Data transfer, GDPR ad tech, sourcing and related regulatory framework.’

Key clients


Intesa Sanpaolo







Keyless Technology


Avanade Italy



Binance Group



Aareal Bank AG – Filiale di Roma

Tim Ventures

Corriere dello Sport/Tuttosport



Warner Chappel Music

Sony Music Italy

Italy > Investment funds Tier 3

Italy > Private equity Tier 3

CMS is home to a global private equity practice, which includes a dedicated funds group, geared to support open, closed-end, institutional, retail and private funds, among others, on the full array of formation, restructuring, regulatory and operational affairs. The practice is likewise extremely active on the transactional front and is headed by Paolo Scarduelli, an M&A and corporate finance expert with a keen eye for deals within the insurance, banking, TMC and automotive industries.

Practice head(s):

Paolo Scarduelli

Other key lawyers:

Massimo Trentino; Andrea Arcangeli

Italy > Commercial, corporate and M&A Tier 4

CMS' team is adept in both the top-end and middle-markets, with specific expertise of the energy, construction and engineering, life sciences, automotive, transport and healthcare industries. Pietro Cavasola leads the practice; he has extensive experience of M&A, private equity and joint venture transactions, in addition to general corporate law and commercial contracts.

Practice head(s):

Pietro Cavasola

Other key lawyers:

Matteo Ciminelli; Dietmar Zischg; Paolo Scarduelli; Daniela Murer; Massimo Trentino


‘In general, clients can always count on CMS Italy’s professionals’ knowledge and capabilities. Special mention has to be recognized to Mr. Massimo Trentino, truly outstanding lawyer with also remarkable business acumen’

‘Lateral thinking, problem solving and client oriented team.’

‘Problem solving and strong capability at 360 degrees.’

Key clients


Synlab Holding Italy S.r.l.

Wieland AG

Atlantica Energia Sostenibile Italia S.r.l.

Duferco International Trading Holding – DITH

Hill’s Pet Nutrition

Thales Italia SpA


Encavis AG

Step S.p.A.

Total Eren SA and Manca di Villahermosa Srl

Century Park Capital Partners

Norres, a portfolio company of Triton Smaller Mid-Cap Fund I

Wartsila APSS S.r.l.

Melitta Group


Work highlights

  • Assisted Volkswagen on its joint venture with Enel X concerning the joint implementation of a high-power (100 kW+) charging infrastructure in Italy, consisting of more than 3000 charging points, to be implemented by the end of 2025.
  • Assisted Hill’s Pet Nutrition on the acquisition of the Nutriamo S.r.l. production plant in the province of Mantua.
  • Assisted Synlab Holding Italy S.r.l. with the acquisition of the entire corporate capital of Tronchet Group, a group of 11 companies active in diagnostics and rehabilitation.

Italy > Compliance Tier 4

CMS‘ Italy compliance practice assists both corporations and individuals in criminal proceedings and investigations in relation to bribery and corruption, money laundering, and tax offences. It also advises on environmental and health and safety matters, and insider trading and market manipulation. Emilio Battaglia is experienced in criminal matters involving companies’ corporate management.

Practice head(s):

Emilio Battaglia

Key clients

Aareal Bank – Rome Branch


Porsche Italia

Renault Retail Group Italia

Porsche Haus

Nardò Technical Center

Ascenza Italia

Tradecorp Italia

Italy > Industry focus: Energy Tier 4

The credentials of CMS‘ Italian energy practice cover M&A, commercial contracts, tax, and administrative and regulatory matters. Department head Pietro Cavasola advises national and multinational energy sector companies on oil and gas and renewables matters. He also assists industrial companies with energy transition-related transactions. Matteo Ciminelli is experienced in renewable energy projects.

Practice head(s):

Pietro Cavasola

Other key lawyers:

Key clients

Atlantica Group

Siemens Gamesa Group




Global Solar Fund


TotalEnergies EP Italia


Nanjing Tica Thermal Solution Co

Atlantica Energia Sostenibile Italia

Italiana Petroli





Work highlights

  • Advised Volkswagen on its joint venture with Enel X, which concerned the joint implementation of high-power charging infrastructure in Italy.
  • Assisted Atlantica Group with the proposed acquisition of an Italian PV project portfolio belonging to Acea.
  • Assisted Siemens Gamesa with the sale of its 3.9GW onshore wind project portfolio in South Europe (including Italy) to SSD Renewables.

Italy > Banking and finance: Borrower side Tier 5

CMS‘ borrower-side practice is experienced in financing, refinancing and acquisition finance, along with and debt restructuring. Banking and financial law department head Paolo Bonolis routinely assists internationally active clients from the investment services, insolvency, shipping and private equity sectors. Bonolis also advises the leasing and financing divisions of major automobile brands.

Practice head(s):

Paolo Bonolis

Other key lawyers:

Andrea Arcangeli; Domenico Gaudiello; Maria Giovanna Pisani

Key clients

Apcoa Group

Scannell Group


LGT Capital

Debt Capital Markets

B2 Kapital Group

Work highlights

  • Advised the Apcoa Group on a financing and refinancing transaction.
  • Advised the Scannell Group on a real estate loan facility.
  • Advised Bk2 Group on a refinancing transaction involving multiple jurisdictions.

Italy > Banking and finance: lender or arranger side Tier 5

CMS‘s active lender practice in Italy routinely assists with complex finance deals and related security packages. Paolo Bonolis is the contact partner for several major domestic and international banks and financial institutions, while Domenico Gaudiello is a public finance specialist. Counsel Maria Giovanna Pisani regularly structures national and cross-border financings.

Practice head(s):

Paolo Bonolis

Other key lawyers:

Key clients

Morgan Stanley

Commerzbank – Italian Branch

Intesa Sanpaolo

Aareal Bank


La Banque Postale

Beerfin (Heineken Group)




Work highlights

  • Advised Aareal Bank on the origination and purchase of several large-value loans.
  • Advised Bank PKO with a shipping finance transaction.
  • Assisted Banca Intesa with  a cross-border project involving several CEE jurisdictions.

Italy > Dispute resolution Tier 5

At CMS, practice heads Laura Opilio and Paola Ghezzi oversee a practice adept in complex transnational multiparty claims, litigating before all Italian courts. The team assists clients in defence class actions, damage, medical malpractice and product liability claims, and benefits from close cross-practice cooperation, in particular with the corporate, tax and insurance departments. Opilio also acts in both national and international arbitration matters.

Practice head(s):

Laura Opilio; Paola Ghezzi

Other key lawyers:

Vincenzo Giangiacomo; Massimo Dotto; Nicolò d’Elia


‘The team has a profound knowledge in the area of surety insurance and bonds in Italy, which is why we use them.’

‘Great knowledge on the insurance matter, swift replies and in general excellent assistance.’

‘Laura Opilio and Luca Odorizzi have a deep know-how and amazing soft skills.’

‘I had the pleasure to work with the DR team for the past two years by having strong, daily collaboration to provide effective solution to complex insurance and litigation challenges. They brought an extraordinary level of legal experience and also practical know-how to those issues in timely manner.’

‘Partners Laura Opilio and Massimo Dotto were my primary contacts whom I had worked with quite extensively. Both demonstrated high level of professionalism with special focus on the insurance legislation and related litigation strategies. Laura and Massimo showed excellent communication skills both in oral and written with strong responsiveness.’

‘Laura Opilio: extremely responsive, great competence.’

‘Team with a strong expertise and ability to work on difficult cases, portfolios.’

‘All staff from the firm is very competent and prepared and very kind in interactions.’

Key clients

Generali Italia S.p.A.

Merck S.p.A.

Liberty Mutual Insurance Europe SA

AmTrust Europe Ltd

Brit Insurance Holdings Ltd

Allianz S.A.


QBE Insurance Europe Ltd

Arch Insurance Europe


Diageo S.p.A.

Istituto Figlie di San Camillo (Medical centers and hospitals)

Ufficio Centrale Italiano Soc. Cons. A R L

Work highlights

  • Assisting the Italian branch of an international leading company group in the luxury hotel sector in a case at the tribunal of Rome against BH Ristorazione S.r.l. for the acknowledgment of a supply contract for food and beverage service at a Boscolo five stars hotel in Rome and the credit for consideration of the service.
  • Assisting a major French Gas company, in a case at the Court of Appeal of Bologna against the Italian leader construction company claiming for payment of some receivables under a construction contract for a pipeline in Southern France.
  • Assisting two companies of a Spanish company group in tourist resort management in a breach of contract case at the tribunal of Milan for returning of a deposit paid for the development of a project in Venice for a five star hotel.

Italy > Real estate and construction Tier 5

CMS advises on real estate transactions in Italy and across Europe. It assists with investments, financing and taxation, along with development-related planning, environmental and construction matters. The real estate practice is co-led by Rome-based property transactions specialist Marco Casasole, and Milan’s Dietmar Zischg, who advises funds on purchases and sales.

Practice head(s):

Marco Casasole; Dietmar Zischg

Key clients

NH Hotels

SPRL 9Hôtel Collection International


Allianz Real Estate

CitizenM Financial Holding

Quntar Hungary Logistics KFT

Dorottya Investments Zrt

Franklin Templeton – FT Italian Social Infrastructure Fund

Axa Real Estate Investment Managers

Banking and finance
EU and competition
Consumer products
Dispute resolution
Employment and pensions
Fraud and corporate criminal defence
Hotels and leisure
Infrastructure and project finance
Insurance and funds
Intellectual property
Life sciences
Private equity
Real estate and construction
Tax litigation
Corporate tax law
Taxation of individuals
International taxation
Transfer pricing
TMC – technology, media and communications
Administrative law
Number of lawyers : 100
at this office : 80
Contacts : Giuseppe Ascoli
Contacts : Pietro Cavasola
Other offices : Milan
Other offices : Tirana
CMS members : CMS is an international full-service law firm, acting for major global and domestic corporations. 4,500 lawyers work for CMS in over 74 offices.


CMS has advised Ignite Thailand Holdings Limited (trading as “Roojai”), a managing general agent developing its own retail insurance products and distributing them digitally on a B2C model in Thailand and Indonesia,


CMS has advised Bitdefender, a global cybersecurity leader, on its cross-border acquisition of Singapore-based Horangi Cyber Security to address the growing demand for advanced, streamlined management of cybersecurity, compliance, and governance of multi-cloud environments.