Project Peninsula
Our law firm has advised Bayview Asset Management and SPF Investment Management on the acquisition of a portfolio of Italian non-performing loans with a GBV…
iLS ranked in Banking & Finance report 2024 by LegalCommunity.it
The LegalCommunity Banking & Finance 2024 Report ranks iLS London – Milan in the “èlite” band for Non-Performing Loans and in the “highly recommended” band…
Project Garait II
iLS with Banca Finint in the acquisition of a million UTP portfolio from Cassa Centrale.
Securitisation Watch
Norman and Fabrizio discuss the compatibility of the current servicing structure contemplated by the Law 130/1999 with the proposed Italian implementing legislation of the Secondary…
iLS Law Firm of the Year for NPLs
Last night in Milan at the LegalCommunity Finance Awards 2024 our Firm received a tangible market recognition for our work in the NPL space
Norman and Fabrizio co-author legal article discussing controversial case-law on ability of special servicers to carry out judicial recovery
In this article, the authors analyse a recent trend of Italian lower courts rejecting the legitimacy in court of credit of debt recovery agencies in…
iLS at the 9th International Funds Summit & EXPO in Cyprus
Norman at the 9th International Funds Summit & EXPO in Limassol (Cyprus) to discuss, alongside other industry experts, the future of fund administration, regulatory challenges, and…
Norman and Fabrizio co-author legal article on latest trends of Italian case law about transfers of receivables in bulk
The article discusses the various approaches followed by lower courts in assessing the right of securitisation vehicles to enforce securitised claims in court
Norman Pepe’s article on BeBeez regarding the causes and consequences of the potential NPLs market reform
Rumours of an impending reform are shaking up the Italian NPL market. If the reform is implemented along the lines of the proposed draft-law, the…
Project Mugello
iLS has advised Bayview Global Opportunities Fund S.C.S. SICAV-RAIF on the acquisition of a NPL portfolio mainly comprised of secured loans vis-à-vis individuals, with an…
iLS ranked in the TopLegal Capital Markets 2022 survey
The TopLegal Capital Markets 2023 survey has confirmed the Band 3 ranking of iLS for Securitisation, still the sole boutique firm in this category. More…
iLS with illimity in the real estate refinancing of Relais Borgo Santo Pietro
iLS with illimity in the real estate refinancing of Relais Borgo Santo Pietro.
Norman and Fabrizio interviewed by BeBeez on the GACS scheme renewal
In this article, Norman Pepe and Fabrizio Occhipinti propose improvements to the existing legal framework (including a boost to disposals as a key performance tool).
Norman and Fabrizio co-author legal article on new rules for risk retention requirement in NPE securitisations
In this article, Norman Pepe and Fabrizio Occhipinti examine some features of securitisations of non-performing exposures (so-called NPEs) in the light of the regulatory framework…
iLS in the sixth NPL securitisation backed by “GACS” guarantee of BCC Banca Iccrea
iLS assisted Iccrea Banca S.p.A. in coordinating 71 banks, 68 belonging to the Gruppo Bancario Cooperativo Iccrea to which have been added Banca Valsabbina, Banca…
iLS with illimity in a real estate refinancing transaction in the hotelerie sector
iLS with illimity in a real estate refinancing transaction in the hotelerie sector.
Real Estate Securitisation as a real estate financing tool in Italy
In their interview with BeBeez, Norman, Fabrizio and Elena propose changes to transfer tax regime to reduce gap with traditional secured bank lending.
iLS ranked in the TopLegal Capital Markets 2022 survey
The TopLegal Capital Markets 2022 survey ranks iLS in Tier 3 for Securitisation (climbing up from Tier 4) and we continue to be the sole boutique…
ICCREA GACS V
iLS in the fifth GACS deal arranged by Iccrea Banca and JP Morgan for the securitisation of 1.3 billion Euro NPL portfolio owned by 74…
iLS opens its Milan office
iLS opens an office in Milan, starts an M&A practice with Pallucchini and signs a best-friendship agreement with Weigmann.
Project Grey
iLS with York Capital in the disposal of a Euro 400 MLN portfolio, partially reperforming, to Hoist Finance.
New funding tool for Italian securitisations
Norman and Fabrizio publish an article on Diritto Bancario discussing the innovation introduced by the 2021 Italian Budget Law.
Project Sandokan 2
Lorenza Talpo of iLS has represented UniCredit in the structuring and implementaion of Project Sandokan 2, a multi-investors securitisation dedicated to large UTPs and NPLs…
Project Arya
iLS has assisted Bayview on the first Italian real estate securitisation transaction under articles 7(1) and 7.2 of the Italian securitisation law.
iLS “Independent Italian Desk of the Year”
iLS awarded as “Independent Italian Desk of the Year” at the 2020 Top Legal Awards.
ICCREA GACS IV
iLS in the fourth GACS deal arranged by Iccrea Banca and JP Morgan for the securitisation of a 2.4 billion Euro NPL portfolio owned by…
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Covid-19’s impact on the Italian Npl market
Norman Pepe interviewed by Le Fonti Legal (podcast in Italian). Download the interview
GACS and secondary market transactions
Norman Pepe and Fabrizio Occhipinti interviewed by BeBeez.
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Two new tools for reperforming strategies
Norman Pepe and Fabrizio Occhipinti analyse and explain two new instruments available to securitisation companies in the NPL space. Download PDF English Download PDF Italian
iLS with AnaCap in a 64 MLN Securitisation
iLS has advised AnaCap Financial Partners (AnaCap), a specialist European financial services private equity firm, as adviser of AnaCap funds, in the securitisation of, inter…
Project Pomegranate
iLS in the transfer of an NPL portfolio of 230.5 MLN Euro to Banca IFIS. 37 cooperative banks and 3 companies belonging to the ICCREA…
ICCREA GACS III
iLS in the third GACS deal arranged by ICCREA Banca and JP Morgan for 68 credit cooperative banks and other banks belonging to the Iccrea…
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New rules for Italian reocos, RE securitisations and UTPs
Norman Pepe and Fabrizio Occhipinti analyse certain important changes recently introduced to the Italian Securitisation Law in their contribution to the Zenith Newsletter. Download PDF…
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New Changes to the Italian Securitisation Law
Norman Pepe and Fabrizio Occhipinti provide in the Zenith Newsletter an overview of the changes introduced by the 2019 Budget Law. Download PDF English…
Project Belvedere
iLS has advised Bayview Global Opportunities Fund S.C.S. SICAV-RAIF on the consolidation of its and Christofferson Robb & Company’s investments in Italian NPLs in a…
ICCREA GACS II
iLS in the second GACS deal arranged by ICCREA Banca and JP Morgan for 73 credit cooperative banks and other banks belonging to the Iccrea…
Project Diaz
iLS has advised Bayview Global Opportunities Fund S.C.S. SICAV-RAIF and Christofferson Robb & Company on the disposal by Bayview Global Opportunities Fund S.C.S. SICAV-RAIF and…