Michael Psaila

Practice Areas

Corporate and M&A

Banking and Finance

Insolvency and Restructuring

Capital Markets

Career

Michael Psaila is a Partner at Mamo TCV Advocates. He co-heads the firm’s Corporate and Banking practice groups. He graduated Doctor of Laws from the University of Malta in 2004 after submitting a doctoral thesis titled ‘The Raising and Maintenance of Capital’. Michael furthered his studies at Kings College London, where he obtained an LL.M in Corporate and Commercial Law.

Michael was called to the Bar in January, 2005 and was a partner at Simon Tortell & Associates since the firm was founded in May 2009 until it merged with Mamo TCV in July 2016.

He regularly advises a range of clients that include public authorities, banks, fund managers, insurers, multinational companies and local businesses on corporate law, M&A transactions, banking and finance and insolvency.

Michael also plays a key role in the firm’s business development activities.

He is a member of the Chamber of Advocates, the Institute of Financial Services Practitioners and the International Bar Association.

He regularly advises a range of clients that include public authorities, banks, fund managers, insurers, multinational companies and local businesses on corporate law, M&A transactions, banking and finance and insolvency.

Michael has been managing partner of the firm since November 2017 and also plays a key role in the firm’s business development activities.

Professional Memberships

Admitted to the Maltese Bar, Superior Courts of Malta (2005)

Malta Chamber of Advocates

Institute of Financial Services Practitioners

International Bar Association

Experience

Acted as local counsel in Malta for Doordash Inc. in connection with the acquisition of Wolt Enterprises OY, which included a subsidiary with operations in Malta

Acted as local counsel in Malta for Evos BV in connection with the acquisition of Oiltanking Malta Limited, a company that owns and operates an oil storage facility in Malta

Acted as local counsel in Malta for Bain Capital in connection with the acquisition of aero engine manufacturer ITP Aero

Acted as local counsel in Malta for Stonehage Fleming in connection with the acquisition of the private client and corporate services business of a Maitland, a privately owned global advisory, administration and family office firm having operations in a number of jurisdictions, including Malta

Acted for the ex-shareholders in a Maltese company that owns significant photovoltaic assets in Greece in high-value arbitration proceedings involving various claims in connection with a share purchase agreement

Acting for BCRS Malta Limited, a company incorporated by the major stakeholders in the Maltese beverage industry for the purpose of setting up and operating a beverage collection refund scheme in Malta

Acted for the minority shareholders of a company that was listed on the Malta Stock Exchange in unfair prejudice proceedings that resulted in the company being put into liquidation (Calamatta Cuschieri Investment Services Limited et vs Pefaco International plc.)

Acted as Maltese counsel for the acquirer of an integrated supplier of secure and highly engineered banknotes used by central banks over the world and having operations in a number of jurisdictions, including Malta

External counsel to a retail bank on a variety of matters including regulatory compliance, anti-money laundering, product structuring, credit facilities, security agreements and other day-to-day matters

Regularly acts lenders and borrowers in syndicated finance transactions involving Maltese companies

Maltese counsel to the acquirer of a company specialising in technically complex active pharmaceutical ingredients with an operation in Malta

Advised on the Maltese law aspects of an initial public offering on the Toronto Stock Exchange of a company having a Maltese corporate holding structure

Acted for a public authority in connection with the procurement process for a major PPP project in the tourism sector

Acted for the vendors of a significant minority stake in a credit institution registered in Malta and listed on the Malta Stock Exchange