McDermott’s Milan office hires corporate and transactional team
International law firm McDermott Will & Emery has added a new corporate team in its Milan office with the arrival of three partners, Giancarlo Castorino, Ettore Scandale and Emidio Cacciapuoti, and a team of four counsel and 10 fee earners.
The team joins from the Milan office of King & Wood Mallesons (KWM). Castorino had been the office’s managing partner, succeeding Scandale who previously held the role.
Ira J Coleman, chairman of McDermott, says: “This group is a great addition to McDermott as we extend and deepen our relationships with both local and global clients as a leading firm in the Italian corporate and financial market.”
“The team’s skillset is principally focused on private equity, M&A, banking and finance, and fund formation, in domestic as well as cross-border transactions. This expertise is fully in line with our strategic plan for further expanding our global Corporate & Transactional practice,” adds Harris C. Siskind, global head of McDermott’s corporate and transactional practice group.
The McDermott office will comprise nine partners, six counsel, 15 associates and eight trainees.
“We are very excited to welcome Giancarlo, Ettore and Emidio to the McDermott network,” says Carlo Maria Paolella, head of the firm’s Italian practice. “The arrival of the new team will help establish critical mass in Milan and instantly double the size of our local operations. Furthermore, they bring with them the knowledge, expertise and reputation of a highly regarded group, which has a solid reputation in the European market. McDermott’s strong corporate and financial transactions presence in Paris, London, Germany, the US and China will lead to new synergies and exciting opportunities within our international platform as we continue to deliver leading-edge service for our clients.”
Castorino specialises in banking and finance law, with a particular focus on real estate, property finance, acquisition finance and restructuring. He has assisted numerous major Italian and foreign banks and large companies in relation to a wide range of structured finance transactions. He has also been involved in complex acquisitions and disposals of distressed claims portfolios.
Scandale specialises in corporate law with a special focus on private equity. He advises national and international corporations, investment funds, financial institutions, family offices across a wide range of sectors, including private equity, financial services, healthcare and life sciences. He also advises on portfolio management, financing and exit strategies.
Cacciapuoti specialises in regulatory aspects of funds and private equity fund structures and carried-interest plans, including taxation. He also deals with tax issues related to financing and securitisation transactions. His clients include domestic and international companies, private equity houses, financial services companies and family offices across a variety of sectors.