Cases
Experience: In-Court & Out-of-Court Restructurings: Represented the Ad Hoc Group of holders (made of the leading international funds Carlyle, Man GLG
Stellex) of c. EUR 103 million of New York law governed notes issued by Officine Maccaferri S.p.A. on the highly complex
innovative in-court indebtedness restructuring transaction (concordato preventivo) of the issuer.
Advised a primary international fund on the arrangement with creditors of an energy
utility company where our client acted as assumptor (through an SPV) acquiring all the assets of the company in exchange for the payment of indebtedness.
Represented a leading French civil engineering
construction company on potential actions to safeguard its interests in a JV with an Italian listed entity undergoing a restructuring transaction resulting in the demerger of its going concern
its merger with its majority shareholder, a leading entity in the same sector listed in the Italian market.
Represented a group of international bondholders of a primary listed Italian bank in connection with the bail-in of the bank.
Advised a primary international fund on an effort to provide alternative lending to a leading ferry
shipping terminals operator in the context of an indebtedness restructuring transaction of the company.
Distressed M&A: Represented a group of noteholders of Officine Maccaferri S.p.A. on the acquisition of the entire corporate capital of Officine Maccaferri in a competitive procedure initiated in the context of the restructuring process of SECI (former shareholder of Officine Maccaferri) through an independent trust structure.
Represented a primary international fund on the obtainment of the required golden power authorization from the Italian Government for the acquisition of the shares of an entity holding strategic assets in the energy sector in the context of the restructuring procedure its shareholder.
Represented the subsidiary of a leading Italy-based corporation listed on the Milan Stock Exchange, in connection with the distressed acquisition of a going concern from the bankruptcy procedure of an Italian entity active in the design
construction of power distribution stations
power lines for energy transmission.
Represented a U.S. fund on its minority investments in the corporate capital of Italian public companies through the execution of equity credit line agreements (ECL) (e.g. K.R. Energy S.p.A., through the execution of an EUR 35,000,000 ECL, Mocas S.p.A., regarding the shares of its listed subsidiary Sacom S.p.A., through the execution of an EUR 9,000,000 ECL), as well as in the negotiation
the execution of other security purchase agreements with private entities.
M&A: Represented Oakley, the leading UK-based private equity firm, in its majority investment in the share capital of Alessi S.p.A., an Italian leading family-owned entity operating in the design, manufacturing
sale of kitchenware
houseware design products.
Represented FraFin S.r.l., an Italian cybersecurity company active in the engineering
implementation of biometric systems, in connection with the creation of a joint-venture with Maticmind, an entity part of the Fondo Italiano di Investimenti portfolio,
the subsequent sale of the majority stake in the joint-venture, as well as in the process of obtainment of the golden power authorization.
Represented a primary international fund on the sale of the minority stake in an Italian entity operating a gas-fired combined cycle power plant to the majority shareholder.
Represented a global leader in providing hybrid working solutions in connection with the sale of a business unit made of three business centres.
Represented MAPFRE Internacional S.A. on the Euro 550 million acquisition of Direct Line Versicherung Aktiengesellschaft (Direct Line Germany)
Direct Line Insurance S.p.A. (Direct Line Italy).
Represented the independent directors of a leading UK insurance company on the Euro 1.3 billion sale transaction of the Italian business.
Represented a leading international player in relation to its alternative bid in the context of a voluntary bid for an Italy-listed investment company.
Represented BKW Italia in three sale transactions regarding: (i) the majority of shares of Casa delle Nuove Energie S.p.A., a leading company in the field of energy efficiency
renewable energy, to E.On Energia
(ii) its industrial clients portfolio to E.On Energia,
(iii) its energy reselling business
a SME clients portfolio to Illumia.
Represented a leading UK-based specialist investment
asset manager in the solar sector on the acquisition of 100% of the share capital of an Italian entity, which indirectly owns a portfolio of seven solar PV plants located in Italy.
Previous Experience: Senior Associate
Counsel, Major U.S. Law firm, Milan Office, 2019-2023
Senior Associate U.S. Law firm, Milan Office, 2017-2019
Associate International Law firm, Milan Office, 2011-2016
Trainee U.S. Law firm, Milan Office, 2007-2010
Corporate Governance Matters: Advising an Italian STAR-segment-listed-entity in connection with the adoption of an incentive plan for the top management
key officers of the Group.
Advised an Italian STAR-segment-listed-entity in connection with the adoption of an incentive plan for the top management
key officers of the Group.
Advised a primary international fund on the structuring of the corporate governance of its investment vehicle in Italy
one of the target entities acquired by the investment vehicle, as well as on the negotiation of the MIP for the top management of the target entity.
Advised the independent directors of Gruppo GEDI Editoriale S.p.A. (a listed on the Milan Stock Exchange) in connection with the tender offer launched by Giano Holding S.p.A.
the subsequent delisting.
The above representations were h
led by Mr. Puna prior to his joining Greenberg Traurig.
