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Paolo Ghiglione



Ghiglione Paolo
Paolo Ghiglione



Paolo Ghiglione has more than 20 years' experience in M&A deals, including disposals and acquisitions of assets and shares, mergers, de-mergers and joint ventures in a number of industries, including energy, financial institutions, telecommunications, infrastructure, transport and consumer goods.

He has acted for both buyers and sellers in some of the top-end privatisation transactions in the Italian market and has been involved in a number of major restructurings and reorganisations. He also advises on corporate governance and regulatory matters for listed and non-listed companies including Italian private equity funds and financial intermediaries. Paolo is regularly quoted in the leading international legal directories and has been awarded "Italian M&A Lawyer of the Year 2015" and "Italian Corporate Lawyer of the Year 2020" at the Legalcommunity Corporate M&A Awards.

“Clients highlight him as reputable and business-oriented with exceptional negotiation skills.” Chambers Global 2020 (Corporate/M&A: Italy)

"Clients praise his technical and negotiation skills, adding that he is smart, commercial and effective.” Chambers Europe & Global 2019 (Corporate/M&A: Italy)

News & insights

Collection of lights

Publications: 30 NOVEMBER 2021

The sun never sets on English law governed debt: reviewing the Re Prosafe SE decision

The recent decision in Re Prosafe SE pits the principle of freedom of contract against the increasingly popular modified universalism in the cross-border restructuring and insolvency space.

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Publications: 20 APRIL 2020

Covid-19 coronavirus update: the Italian Government's Liquidity Decree - new measures for the business sector

The Covid-19 coronavirus continues to have a major impact on businesses across all sectors in Italy. On 9 April 2020 decree n. 23 of 8 April 2020 (the so-called Liquidity Decree) came into force.  

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Publications: 14 APRIL 2020

Covid-19 coronavirus: Italian Government increases its special powers on foreign investment control ("Golden Powers")

With Law Decree n. 23, published in the Official Gazette of April 8, 2020 (Liquidity Decree), the Italian Government has amended Legislative Decree no. 21/2012 on the so-called "Golden Powers", by…

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Publications: 06 APRIL 2020

Holding shareholders' meetings during the Covid-19 emergency: the Italian response

With the season of shareholders meetings in Italy fast approaching, we have produced a bulletin which provides an overview of several key points. 

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Allen & Overy Studio Legale Associato
Via Ansperto 5

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Admitted as avvocato, Italy, 2001


JD, University of Genoa, 1998

Published work

  • Participations held by banks in the corporate capital of companies subject to mandatory takeovers, in proceedings of the Conference "New prudential surveillance rules for  banks ", Milan, May 2012
  • Liability of directors of a limited liability company vis-à-vis company's creditors, in Società, 2011, 1145
  • The Chairman of the board of directors, in proceedings of the Conference "Governance of corporate internal controls and civil liability of juridical persons", Milan, March 2011
  • Notes on  board evaluation, in proceedings of the Conference "Top management remuneration", Milan, October 2011
  • Liability of directors of companies participated by the State or other public entities, in Società, 2010, 803
  • Liability of directors of joint stock companies for acts and omissions of previous directors?, in Società, 2006, 189
  • Insertion of pre-emption right clauses in the by-laws of companies by shares or quotas, in Società, 2002, 605
  • Damages to ship and peril of shipwreck, in Dir. mar., 1999, 580
  • Liability of harbour trusts, in Dir. mar., 1999, 802
  • Ship's stores and seizure of the ship, in Dir. mar., 1998, 1263