Cleary Gottlieb Steen & Hamilton handles a range of domestic and cross-border tax issues, including public and private M&A deals, hybrid financing and investment structures, debt and pre-IPO tax restructurings, and derivatives and financial instruments. It also covers employee benefit plans, executive compensation, tax controversies and estate tax and planning. Vania Petrella is ‘an exceptional tax partner’, and Gianluca Russo and Paola Albano are experienced corporate tax lawyers.
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Testimonials

Collated independently by Legal 500 research team.

  • ‘Each individual of the team understands clients’ needs exactly, giving tailor-made answers.’

  • ‘The team is extremely proactive and efficient in the practice area in which it operates.’

  • ‘The team is more transparent than other law firms, which is important to foreigners.’

  • ‘Vania Petrella is an exceptional tax partner, combining top technical ability, commercial awareness and a very personable approach.’

  • ‘Vania Petrella is always willing to lend a sympathetic ear to clients’ concerns, taking the initiative to channel her expertise to meeting clients’ requirements, and getting what needs to be done on time.’

  • ‘Vania Petrella - a commitment to being a part of the client's team. One of the best tax advisers in the market.’

  • ‘Gianluca Russo is a superb tax lawyer - excellent technically but also pragmatic and commercially aware.’
  • ‘Gianluca Russo is a great asset for understanding the tax implications of business transfer deals.’

Key clients

  • Solvay
  • ArcelorMittal
  • Global Infrastructure Partners
  • Silicon Box
  • Allianz Capital Partners
  • F2i
  • Asterion Industrial Partners
  • Retelit Group
  • Manitou
  • APG Asset Management

Work highlights

  • Advised Solvay on its separation into two independent listed companies (SpecialtyCo and EssentialCo).
  • Provides ongoing advice to ArcelorMittal on Italian tax matters, in relation to its investment in Ilva, a large steel plant in Europe.
  • Advised Global Infrastructure Partners on the tax and regulatory aspects of the disposal of an equity interest in Italo - Nuovo Trasporto Viaggiatori to MSC.

Lawyers

Hall of fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Vania Petrella

Next generation partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Gianluca Russo

Other key lawyers

Vania Petrella; Gianluca Russo; Paola Albano