Carlo de Vito Piscicelli’s practice focuses on leveraged finance and restructuring matters and he advises clients globally on a wide variety of loan facilities, high-yield notes and related derivatives transactions.

Carlo joined the firm in 2004, became counsel in 2010, and a partner in 2014. From 2004 to 2010, he was resident in the Milan and London offices, and from 2010 to 2012, he was resident in the New York office.

Publications

The Doctrines of “Abusive” Support and Equitable Subordination

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

Italy’s Non-Possessory Pledge Over Movable Assets Goes Live,” Cleary Gottlieb Alert Memo, February 22, 2023, republished by INSOL International, March 2023

The EU Commission’s Proposal on Pre-Pack Sales and Other Insolvency Matters,” Cleary Gottlieb Alert Memo, February 6, 2023

Erroneous Payments in Syndicated Loans: the Future of the ‘Revlon Blockers,’” Journal of International Banking and Financial Law, December 2022

Italy’s New (and Amended) Insolvency and Restructuring Code Enters into Force,” Cleary Gottlieb Alert Memo, September 19, 2022

ESG and The Leveraged Loan Market

SPACs Reshape Financing Markets” 

Global Restructuring Trends,” Cleary Gottlieb Alert Memo, November 24, 2020

Latest in European Leveraged Finance

The Default Interest and Usury Law Conundrum – The Italian Supreme Court Provides Some Clarity,” Cleary Gottlieb Alert Memo, October 6, 2020 

Italy’s New Measures to Mitigate the Economic Effects of COVID-19,” Cleary Gottlieb Alert Memo, April 9, 2020

COVID-19 Relief Measures and International Financings: The Law of Unintended Consequences?,” Journal of International Banking and Financial Law, April 2020

Italy’s Economic Measures to Mitigate the Effects of COVID-19,” Cleary Gottlieb Alert Memo, March 12, 2020

Italy and COVID-19 – Practical and Legal Guidance on Key Business Issues,” Cleary Gottlieb Alert Memo, March 12, 2020

Lender Transfer Rights: The Long and Short of It,” Journal of International Banking and Financial Law, December 2019

Italy’s New Insolvency Code,” Oxford Business Law Blog, July 16, 2019

Schuldschein Forecast – Rain or Shine?,” Cleary Gottlieb Alert Memo, March 9, 2018

Dangers for the Unwary: Intercreditor Agreements, Covenant Lite and Additional Debt,” Butterworths Journal of International Banking and Financial Law, November 2017

Contributing Author, A Practitioner’s Guide to Syndicated Lending, 2nd Edition

Direct Lending by Funds: Transformation of the Legal Regimes in Europe,” The Banking Law Journal, September 2016 (co-authors, Fabio Saccone, Amélie Champsaur, Robin Barriere, Manuel Metzner and Valentin Pfisterer).

“Bidders’ Burden: Buyers looking to finance acquisitions in government-run auctions are finding that certain funds are often not certain enough,” IFLR, September 2016.

A Practitioner’s Guide to Syndicated Lending, 2010.

Events