Giuseppe Scassellati-Sforzolini is active in public and private M&A, financial services regulation, EU state aid law, enforcement and litigation matters.

Giuseppe started our Italian corporate practice in the early 90’s. Since then, he has worked on numerous privatizations through equity offers and auctions, debt exchange offers by sovereign issuers, takeover bids, negotiated acquisitions, restructurings, divestitures, joint ventures and private equity investments, particularly in regulated sectors such as financial services, energy, media, telecoms and airlines. He advises on corporate governance, EU state aid law and financial services regulation. He is also active in enforcement and private investigation matters, litigations and arbitrations.

Giuseppe joined the firm in January 1988 and became a partner in 1996. He was initially resident in our Brussels office, until transferred to Rome in July 1998 to open our first Italian office.

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Selected Activities

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  • Delegate of the Italian Bar to the CCBE (Council of the Bars and Law Societies of the European Union) and Chair, CCBE Competition Committee, 2003–2015
  • Advisor to the Italian Justice Minister on the reform of the liberal professions, 2012–2013

  • Trainee, Legal Service of the European Commission, 1985–1986

Publications

“The Listing Act: New Developments for Financial Markets in The European Union,” Cleary Gottlieb Alert Memo, November 21, 2024 (co-author)

“Regulation of Foreign Investment in Italy,” Practical Law, October 25, 2024 

“Updates to Italy’s Insolvency Code,” Cleary Alert Memo, October 18, 2024 (co-author)

“Cybersecurity Law Enters Into Force,” Cleary Gottlieb Alert Memo, July 25, 2024 (co-author)

“Tariffs in the Legal Professions and Article 101 TFEU: Cases C-128/21 Lietuvos notarų rūmai and C-438/22 Em Akaunt,” Journal of European Competition Law & Practice, April 2024 (co-author)

“DDL Capitali: Misure a Sostegno della Competitività del Mercato dei Capitali,” Cleary Gottlieb Alert Memo, March 7, 2024 (co-author)

“Defensive Controls: The Italian Supreme Court Outlines the Employer’s Duties,” Cleary Gottlieb Alert Memo, November 13, 2023 (co-author) 

“Public Procurement-Related Crimes Will Also Trigger Corporate Liability: Companies Should Assess and Review Their Compliance Models,” Cleary Gottlieb Alert Memo, October 26, 2023 (co-author)

The Mergers and Acquisitions Litigation Review, 4th Edition, October 25, 2023 (co-author of Italy chapter) 

“Regulation of Foreign Investment in Italy,” Practical Law, July 11, 2023

“Italian FDI, When the Government May Rewrite Corporate Governance,” Cleary Gottlieb Alert Memo, June 29, 2023 (co-author)

“Italy’s Non-Possessory Pledge Over Movable Assets: Filing System Now Operational,” Cleary Gottlieb Alert Memo, June 21, 2023 (co-author)

“Italy Implements European Directive on Whistleblowing,” Cleary Gottlieb Alert Memo, March 30, 2023 (co-author) 

“Italy,” The Public Competition Enforcement Review, 15th Edition, April 20, 2023

“White-Collar Enforcement in Italy,” In-House Lawyer, February 24, 2023 (co-author)

“Italy’s Non-Possessory Pledge Over Movable Assets Goes Live,” Cleary Gottlieb Alert Memo, February 22, 2023 (co-author)

“New Italian Incentives for Biomethane,” Cleary Gottlieb Alert Memo, November 2022 (co-author)

“Italy strengthens fight against fraud to the European Union’s financial interests,” Cleary Gottlieb Alert Memo, October 2022 (co-author)

“Italy’s New (and Amended) Insolvency and Restructuring Code Enters into Force,” Cleary Gottlieb Alert Memo, September 2022 (co-author)

“Regulation of Foreign Investment in Italy,” Practical Law, July 13, 2022

“The Italian Constitutional Court Decides When the Application of Both Administrative and Criminal Sanctions Violates the Ne Bis in Idem Principle,” Cleary Gottlieb Alert Memo, July 2022 (co-author)

“Italy,” The Public Competition Enforcement Review, 14th Edition, April 13, 2022

“Neodirigismo: Così l’estensione arbitraria del golden power ci allontana dal mercato unico,” Linkiesta, March 31, 2022 (co-author)

“Italy Strengthens Criminal Sanctions Against Market Abuse and Amends the Rules on Confiscation,” Cleary Gottlieb Alert Memo, February 2022 (co-author)

“Italy Extends Its COVID-19 Emergency FDI Review Regime Through 2022,” Cleary Gottlieb Alert Memo, January 2022 (co-author)

“Italy,” The Public Competition Enforcement Review, 13th Edition, April 30, 2021.

“SRD II: CONSOB modifica il Regolamento Parti Correlate e il Regolamento Emittenti,” Cleary Gottlieb Alert Memo, December 2020 (co-author)

“Italy” chapter, The Foreign Investment Regulation Review, edition 8, October 2020 (co-author)

“The Default Interest and Usury Law Conundrum – The Italian Supreme Court Provides Some Clarity,” Cleary Gottlieb Alert Memo, October 2020 (co-author)

“Foreign Direct Investment in Strategic Assets and Activities in Italy,” Thomson Reuters Practical Law, October 2020 (co-author)

“Revised Rules on Italian Listed Company Capital Increases After the COVID-19 Outbreak,” Cleary Gottlieb Alert Memo, July 2020 (co-author)

“EU White Paper on Levelling the Playing Field as Regards Foreign Subsidies,” Cleary Gottlieb Alert Memo, June 2020 (co-author)

“Italy,” The Public Competition Enforcement Review, Edition 12, June 2020 (co-author)

“Italy’s New Measures to Mitigate the Economic Effects of COVID-19,” Cleary Gottlieb Alert Memo, April 2020 (co-author)

“European Commission Urges Member States to Protect Suppliers of Essential Products From Foreign Takeovers,” Cleary Gottlieb Alert Memo, April 2020 (co-author)

“COVID-19 – Monetary Stimulus and Relief Measures Announced by the European Central Bank and Member States Banking Authorities,” Cleary Gottlieb Alert Memo, March 2020 (co-author)

“Italy’s Economic Measures to Mitigate the Effects of COVID-19,” Cleary Gottlieb Alert Memo, March 2020 (co-author)

“Coronavirus: new rules to hold the annual shareholders’ meetings,” Cleary Gottlieb Alert Memo, March 2020 (co-author)

“COVID-19 – First Measures Adopted by EU Banking Authorities,” Cleary Gottlieb Alert Memo, March 2020 (co-author)

“Italy and COVID-19 – Practical and Legal Guidance on Key Business Issues,” Cleary Gottlieb Alert Memo, March 2020 (co-author)

“Italy,” The Foreign Investment Regulation Review, Third Edition, Fourth Edition, Fifth Edition, Sixth Edition, Seventh Edition (co-author Francesco Iodice).

“The New Prospectus Regulation – The Story So Far,” Cleary Gottlieb Alert Memo, March 2019 (co-author).

“Italy,” The Public Competition Enforcement Review, Eighth Edition, Ninth Edition, and Tenth Edition (Marco D’Ostuni and Luciana Bellia, co-authors).

“La ripartizione di ricavi derivanti dalla vendita collettiva dei diritti audiovisivi degli eventi calcistici. Controversie tra le squadre e prospettive antitrust,” Rivista di Diritto Sportivo, Coni 2016. (J. Diaz and F. Balestra co-authors).

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