Firm / Organisation

Camilleri Preziosi

This content is provided by Camilleri Preziosi.

Senior Partners: Louis de Gabriele, Henri Mizzi
Partners: Marisa Vella, Ron Galea Cavallazzi, Malcolm Falzon, Donald Vella, Andrei Vella, Steve Decesare
Number of partners: 8
Number of lawyers: 35
Languages: English, Maltese, Italian

Firm Overview:
The firm is respected by clients and peers for its consistent ability to deliver pragmatic and solution-driven advice to clients by combining innovation in thought and technical excellence in the law. The firm is organised into two practice groups: corporate and finance; and regulatory, EU and litigation. The corporate and finance practice group focuses principally on domestic and international transactions including M&A, corporate finance and capital markets; it advises the financial services and insurance sector and provides tax advice and compliance services. Andrei Vella was admitted to partnership within the corporate and finance practice group as of 1st January 2018. The regulatory, EU and litigation practice group handles competition matters, commercial dispute resolution as well as regulatory advice and support. Steve Decesare was admitted to partnership within the regulatory, EU and litigation practice group as of 1st January 2018. The level of specialisation within the firm and its lawyers’ constant exposure to commercial considerations, enable it to advice on the most complex commercial and finance transactions and disputes.

Main Areas of Practice:
Corporate/M&A
Banking & Finance, Asset Management & Funds
Insurance
Capital Markets
Taxation
EU & Competition
Technology, Media & Communications
Intellectual Property
Dispute Resolution
Gaming
Aviation
Transport

Corporate/M&A:
5 partners, 12 fee earners
■Assisted sell-side on the disposal of one of the largest telecommunications operators in Malta
■Assisted one of the sellers on the disposal of 50% of the shares of an artificial intelligence software development company
■Assisted on the acquisition by a global private equity firm of Malta based group of companies on which an extensive legal due diligence was carried out

Banking & Finance (including Insurance):
3 partners, 6 fee earners
■Assisted a leading local bank with regulatory matters in particular with MiFID II compliance
■Assisted a leading local credit institution in a number of syndicated loan facility agreements
■Assisted two international banks with a pledge agreement over the shareholder of a Maltese credit institution
■Advised a local insurance broker with the redemption of cell shares in a protected cell company
■Advised a leading insurance company with issues relating to the implementation and interpretation of the IDD and FATCA

Investment Services:
2 partners, 6 fee earners
■Advising a Maltese credit institution on the establishment of a wealth management arm in Malta
■Advising the first Maltese fund to seek admission to trading on the Malta stock exchange
■Advising on what is, to our knowledge, the first domestic UCITS merger to take place in Malta
■Assisted on the setting up of what is one of the first cryto-funds to be established in Malta
■Advised on the licensing of a number of PIFs, AIFs and UCITS funds in Malta

Capital Markets:
3 partners, 8 fee earners
■Once again, 2019 saw the firm acting as legal counsel on the most local capital market issues, including the majority of public share offerings on the local main market
■Advised on the creation of securitisation cell company structures and their respective programmes
■Assisted corporate advisors of entities listed on Prospects MTF in the fulfilment of their functions in terms of the Prospects Rules
■Selected by the Malta Financial Services Authority as lead advisor on the redrafting of the Listing Rules

Taxation:
2 partners, 5 fee earners
■Advising on the Maltese tax implications applicable to interest and capital gains derived by holders of bonds issued by an international bank and passported into Malta
■Advising on the Maltese tax and VAT implications of a cross-border structure involving an investment into an Irish real estate fund. Advice extended to the application of notional interest deduction rules and potential CFC issues
■Advised on the tax implications of an employee share option scheme as well as long term incentive plan offered to Maltese employees of an international gaming company

EU & Competition:
4 partners, 8 fee earners
■Advising on merger control and merger notifications
■Advising on vertical agreements, abuse of dominance and other antitrust matters
■Representing clients before the Office for Competition and the Competition and Consumer Appeals Tribunal
■Advising the Maltese Government, State-owned companies, utilities and regulatory authorities on a number of EU related-matters, including public procurement, PPPs, State aid matters and EU funding

Technology, Media & Communications:
2 partners, 4 fee earners
■Involved in the enactment of laws for the liberalisation of the Maltese electronic communica- tions market and the privatisation of the incumbent operator
■Leading consultants on applicable regulations, permits and necessary authorisations for the proposal of a fibre optic cable between Malta and Gozo

Intellectual Property:
2 partners, 3 fee earners
■Representing a major communications operator before the Courts of Malta in connection with the illegal sale and use of decoder cards in Malta which give access to football matches over which the client retains copyrights
■Advice to a renowned online digital games company with respect to court proceedings on intel- lectual property infringement and the application for a pan-European injunction
■Assisting a major non-European airline operator with a trademark infringement claim with respect to the unauthorised use of an identical mark on an in-flight magazine by an unauthorised third party

Dispute Resolution:
2 partners, 6 fee earners
■Representing a company in a claim for dissolution of an emphyteutical concession
■Representing a local bank in a claim filed by investors for compenstion

Gaming:
2 partners, 3 fee earners
■Assisting in the ongoing corporate, financing, licensing and regulatory requirements of a number of gaming operators and a software platform provider licensed by the Malta Gaming Authority
■Assisting prospective Maltese gaming licensees in their application for a online gaming license issued by the Malta Gaming Authority
■Transactional and regulatory advice relating to the acquisition of or change in control applications relating to a number of Maltese gaming licensees

Transport:
2 partners, 4 fee earners
■Acting for lessors in connection with leasing of aircraft to a Maltese AOC holder
■Acting for the lenders and/or security trustee in connection with various aircraft and ship financings
■Acting for owners and charterers / lessees in connection with acquisition and sale of aircraft, yachts and other vessels, chartering and operation and maintenance agreements of said assets