Restructuring partner Paolo Manganelli joins the team in Italy

Paolo joins from Ashurst, where he led the restructuring and special situations practice in the Milan office. His extensive background includes a decade-long tenure as a partner at Paul Hastings. Prior to this, Paolo held in-house roles, notably as deputy head of Litigation at Parmalat in Extraordinary Administration further to the financial collapse of the group. In this capacity, he was responsible for overseeing all litigation matters stemming from the company’s insolvency and financial fraud. His role included advising on strategic decisions, providing legal counsel to the Extraordinary Commissioner, and coordinating with external legal teams both in Italy and abroad.

Stefano Sennhauser, managing partner of A&O Shearman in Italy, commented: "The addition of Paolo Manganelli to our team marks a significant milestone in A&O Shearman's strategic growth in Italy. Restructuring is a critical area of legal practice, especially in times of economic uncertainty. It enables businesses to realign their strategies, manage debt, and emerge stronger from financial challenges. Paolo's proven track record in guiding companies through these intricate processes will greatly enhance our ability to provide top-tier legal counsel to our clients. His appointment underscores our commitment to delivering comprehensive solutions in the face of evolving market demands and is a clear indication of our dedication to being at the forefront of legal excellence in Italy."

Paolo joins A&O Shearman with a team comprising senior associate Tommaso Paltrinieri, associate Giulia Longoni and trainee Giada Cristiano.

Katrina Buckley, global co-head of restructuring at A&O Shearman said, “we are delighted to have Paolo and his team join the Global Restructuring Group. Their addition deepens our bench strength in Italy and increases our European restructuring coverage enabling us to  deliver innovative  restructuring solutions for our clients wherever they are located.

Paolo Manganelli, partner, commented: “I am truly honored to become part of the A&O Shearman family. I am confident that the combination of my longstanding expertise in insolvency, distressed M&A, and special situations with the top-tier platform offered by A&O Shearman will enable us to enhance our offering to clients and position ourselves at the highest level of the Italian distressed market. I am looking forward to cooperating with all Italian and global partners of the firm”.