Independent Italian firm Studio Legale Sutti has gained a new client thanks to a referral from Pinsents.
Sutti advised multinational HR specialist Fairplace Consulting on the e1m (£0.7m) acquisition of Italian outplacement specialist Eris OTP after UK adviser Pinsents passed on its name.
Pinsents is one of a number of UK firms Sutti works with. As this deal was completed under Italian law, Sutti was Fairplace’s sole adviser, with partner Stefano Brogelli leading the team. Studio Legale Vagaggini advised Eris.
Fairplace previously had only a representative office in Italy, but will now cash in on the major overhaul of employment law in the jurisdiction.
Sutti is now cementing its Fairplace role by advising on regulatory and compliance issues. Fairplace is listed on the London Stock Exchange and may float in Italy, depending on conditions.