Praised by clients for its ‘outstanding legal service’ and ’deep expertise’, the restructuring and insolvency team at BonelliErede advises a range of clients including distressed creditors, insolvent companies, and liquidators on the full spectrum of matters. At the helm of the practice, Marco Arato's practice encompasses debt restructuring, company takeovers and transfer of equity stakes. Giuseppe Lombardi specialises in insolvency disputes and Gianpaolo Ciervo is experienced in assisting clients with the acquisition of companies in financial difficulty. Fabio Macrì is also a key member of the team and specialises in bankruptcy cases from a corporate law perspective. The team was further strengthened by the addition of the experienced Andrea Novarese from Gatti Pavesi Bianchi Ludovici in October 2025.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Top quality, highly cooperative, flexible in billing, client oriented.’
- ‘BonelliErede offers a truly outstanding legal service, distinguished by its availability, deep expertise, and strong understanding of both the market and the client’s business. The team’s multidisciplinary approach and seamless internal coordination ensures a smooth and efficient client experience. Their ability to combine legal excellence with strategic insight makes them a valuable partner, especially in complex and cross-border matters.’
- ‘Gianpaolo Ciervo stands out for his exceptional professionalism and deep knowledge of his area of expertise. His ability to deliver high-quality, tailored solutions has consistently led to excellent outcomes and high levels of client satisfaction. His strategic approach and reliability makes him a valuable asset and a trusted advisor.’
- ‘They are really consistent and, at the same time, they offer a high quality service, always well tailored for the specific client.’
- ‘They are always well prepared in approaching any kind of situation, by combining legal skills with a commercial approach in the field.’
Key clients
- Acciaierie d’Italia S.p.A.
- Bialetti Industrie S.p.A.
- Brembo
- CA Auto Bank S.p.A.
- Caffitaly System S.p.A.
- Carioni Group
- Deutsche Lufthansa AG
- Ferroli
- ISAB
- La Perla Manufacturing
- Macplast
- Oxy Capital Advisors
Work highlights
Assisted Deutsche Lufthansa AG in the acquisition of 41 percent stake in ITA Airways, and in the relaunch of the latter through a capital increase of EUR 325m.
Assisted in the extraordinary receivership proceedings of Piaggio Aero Industries S.p.A. and Piaggio Aviation S.p.A. including, inter alia, the sale of the business complexes of the companies and the assessment of the bankruptcy liabilities.
Assisted the extraordinary commissioners of La Perla Manufacturing S.r.l. under extraordinary receivership proceedings.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Marco Arato
Other key lawyers
Giuseppe Lombardi; Gianpaolo Ciervo; Fabio Macrì; Andrea Novarese