Studio Legale Cappelli RCCD

Name Partners: Silvio Riolo, Paolo Calderaro, Michele Crisostomo, Alberto Del Din, Roberto Cappelli

Managing Partner: Silvio Riolo

Senior partners: 25

Counsel: 5

Associates: 48

Trainee: 17

Offices: Milan, Rome, London

Contact for all inquiries (all practices): Francesca Bellecci - Communication & Marketing Manager

Tel: +39 02 32160400 - [email protected]

Firm Overview:

Cappelli RCCD is widely recognised as one of Italy’s most prominent law firms and as a leader in its areas of practice. Since its establishment the Firm has had a strong international focus and presence, advising leading players in domestic and international markets including industrial and commercial companies, financial institutions, banks, institutional investors, insurance firms, private equity and venture capital funds, in relation to their activities in Italy and abroad.

The Firm consistently stands out for its ability to operate to the very highest standards, particularly in relation to the most complex situations and transactions, for its recognised thought leadership and for its ability to contribute to the structuring and execution of innovative solutions. These results are achieved through the experience and excellence of our lawyers, and through a culture that values and encourages synergies and collaboration in multi-disciplinary teams at the clients’ service.

Main Areas of Practice:

Capital Markets:

2 partners in Rome

2 partners in Milan

1 counsel in Milan

Cappelli RCCD draws on broad and in-depth expertise in every area of capital markets and advises Italian and international corporates, banks and financial institutions. The Firm assists its clients in relation to extraordinary transactions and on an ongoing basis, relying on a large team which includes both Italian lawyers and solicitors.

In particular, our lawyers have significant experience in relation to new issuances, offerings and listings of debt securities (including subordinated and structured notes, mini-bonds, certificates of deposit and covered warrants), and liability management transactions under both domestic and international documentation. The Firm has a strong focus on sustainable finance and on the issuance of ESG products such as green bonds, and it has established a dedicated “green team”.

Structured Finance:

6 partners in Milan

1 partner in Rome

1 counsel in London

2 counsels in Rome

Cappelli RCCD is a market leader in connection with structured finance transactions and its team is unique in the Italian market for its size, the calibre of its professionals and for the breadth and depth of experience developed over the years advising on some of the most significant transactions in the Italian market. The Firm advises on the whole range of structured finance transactions, including traditional and synthetic securitisations, credit funds and covered bond programmes. The team also assists in relation to financings involving basket bond structures, structured factoring, turnarounds regarding unlikely-to-pay receivables, and receivables servicing platforms.

Banking:

6 partners in Milan

1 partner in Rome

1 counsel in London

Cappelli RCCD advises primary financial institutions and major domestic and international corporates and groups in relation to banking law and banking transactions.

The team’s lawyers have developed significant experience in relation to loan financings (both term and revolving loans), security and guarantees, including margin loans, green and sustainability-linked loans and bonds, structured financings, syndicated loans and factoring agreements. The Firm assists its clients in every stage of such transactions, from their structuring (often developing innovative and tailor-made solutions) to the drafting and negotiation of the contractual documentation.

Restructuring & Insolvency:

5 partners in Milan

Cappelli RCCD draws on considerable and proven experience and track record in relation to insolvency proceedings, debt restructurings and distressed M&A.

The members of the Firm’s Insolvency and Restructuring team advise creditors such as leading banks, financial intermediaries and investment funds, as well as investors and debtor companies, on debt restructurings (both out of court and in the context of arrangements with creditors and insolvency proceedings). The Cappelli RCCD Litigation team also has significant experience on restructuring disputes and court-supervised insolvency proceedings. The Banking team often advises on DIP financing by private debt funds and other financial players. The Corporate and M&A team regularly advises investors and debtors in all corporate law-based structures and investment arrangements which are regularly used in distressed investing. Cappelli RCCD advises on every aspect of the management of its clients’ relationships with their counterparts, with the courts, and with other relevant bodies before and during insolvency, and on the related negotiations.

Regulatory

3 partners in Milan

1 partner in Rome

Cappelli RCCD regularly advises some of the most important domestic and international financial institutions in relation to banking, insurance and financial regulation, and to related compliance areas.

The Firm’s lawyers advise clients on laws and regulations applicable to financial markets (MiFID II and MiFIR), to the provision of banking and financial services and to market abuse (MAD and MAR), as well as on derivatives regulation (EMIR) and on the establishment and marketing of Italian and EU collective investment undertakings and alternative investment funds (including the drafting of their by-laws and of the related contractual documentation under AIFMD). The Firm also regularly advises clients on anti-money laundering. In each of these areas, the Firm assists its clients in connection with a wide range of activities, among which the preparation of contractual documentation and forms applicable to the relevant sector and of internal policies and procedures, including in relation to corporate governance.

Litigation:

2 partners in Milan

In keeping with the Firm’s history and areas of practice, the professionals in the Litigation team have developed over the years specific and varied experience in managing disputes related to financial markets and banking laws and regulations, both domestically and cross-border, particularly in relation to more complex and higher value disputes.

The expertise developed by the Firm’s Litigation team revolves around situations presenting multiple potentially problematic fronts (civil, regulatory or criminal) in contexts requiring in-depth knowledge of the economic and financial dynamics underlying the dispute.

Derivatives:

2 partners in Milan

Cappelli RCCD derivatives experts advise on all types of derivative transactions and assist a broad range of clients in the structuring and execution of ISDA derivative transactions and in all related legal issues, regularly collaborating with Cappelli RCCD banking and capital markets teams.

Corporate M&A:

4 partners in Rome

4 partners in Milan

1 counsel in Milan

Cappelli RCCD advises on all areas of company law and in relation to extraordinary transactions, on the basis of well-established relationships with listed and unlisted industrial groups, investment banks, financial institutions, private equity, and venture capital funds.

The team’s lawyers advise both buyers and sellers in connection with complex M&A and private equity transactions, assisting domestic and international clients at every stage of their executions, from structuring to due diligence review, to drafting and negotiation of contractual documentation, through to completion and post-completion matters related to the transaction or to day-by-day operations.

Real Estate:

3 partners in Rome

3 partners in Milan

1 counsel in Rome

1 counsel in Milan

Cappelli RCCD advises a wide range of domestic and international clients, including asset managers, governments, public bodies, institutional investors, construction firms, contractors, real estate owners, and operators. The Firm offers multi-jurisdictional, multi-disciplinary and global advice, providing global coverage for any type of real estate investment and drawing on specific expertise based on the composition of the property portfolio and its destination including, in particular, residential property ventures and social housing, offices, industrial facilities, logistics centres, retail, hotel chains, resorts, stadiums and sports centres, and infrastructure.

Administrative Law:

1 partner in Milan

Cappelli RCCD advises, in relation to judicial proceedings and out of court matters, leading domestic and international clients, including industrial groups, construction firms, facility management companies, airlines and shipping companies, port authorities and service providers, oil companies, banking groups, chambers of commerce, local and regional authorities, universities, healthcare providers and hospital facilities.

The Administrative Law team advises its clients on construction contracts, supply of services and project financing. The Firm also advises on expropriations, authorisations, concessions, planning and construction, and more generally on all aspects of the relationship between private entities and individuals and public administration, including major infrastructure projects.

Tax:

1 partner in Rome

Cappelli RCCD renders tax advice to investment funds, banks and companies for M&A and private equity transactions, with respect to structuring and due diligence issues.

Team members have extensive expertise in taxation of both structured finance (securitisations and credit funds) and real estate transactions, advising key industry players and investment funds.

They also deal with submitting advance tax rulings to the Italian Revenue Agency for the purposes of providing complex tax planning solutions.

Special attention is paid to corporate and group taxation, tax litigation and the restructuring of tax debts in bankruptcy proceedings.

In view of the cross-border nature and the crucial importance of tax matters with respect to various practice areas, the team liaises closely with the firm’s other departments.

IP-IT & Privacy:

1 partner in Milan

Cappelli RCCD provides legal assistance in intellectual and industrial property matters, unfair competition, consumer protection and advertising law, Information Technology, privacy and data protection. The assistance is provided, both at judicial and extra-judicial level, to Italian and International clients active in various sectors, including, by way of example, fashion, luxury, life science, software programs and artificial intelligence systems, arts, food and beverage, publishing.

The professionals of the Intellectual Property, Information Technology and Privacy team stand out for their extensive and cross-disciplinary knowledge in the areas of expertise and advise clients with a practical and business-oriented approach.

Offices:

Milan, Piazza Castello 27, 20121 Tel: +39 02 32160400 [email protected]

Rome, Via Panama 58, 00198 +39 02 32160400 [email protected]

London, RCC Lex Ltd. Beaumont Business Centre 16 Berkeley Street – London W1J 8DZ

Phone +44 (0) 20 390 74030 [email protected]