Pennetta & Partners supports banks, financial intermediaries, special purpose vehicles and insurance companies in managing distressed credit, in market transactions and in regulatory matters. Our credit management experience allows us to follow the entire credit cycle.
What we do
- Sale and purchase of distressed credit portfolios, due diligence and documentation
- Securitisations and structured finance transactions, including GACS-guaranteed deals
- Advice on registered financial intermediaries and servicers
- Out-of-court and judicial credit management and recovery
- Banking and insurance litigation
- Regulatory advice on banking and financial law and anti-money laundering
- Insurance products and contracts linked to credit and financing
Who we work for
We assist banks, financial intermediaries, securitisation companies, servicers, funds and insurers, as well as businesses negotiating with the banking system. A single team handles legal, financial and tax aspects.
How we work
- Analysis of the portfolio or position and of regulatory issues
- Definition of the management, disposal or recovery strategy
- Structuring and documenting the transaction
- Support in the operational phase and in disputes
Frequently asked questions
What does due diligence on an NPL portfolio include?
Analysis of credit titles, security, status of proceedings and documentation, to estimate recoverable value and risks.
What is GACS?
The State guarantee on securitisations of bank non-performing loans, which makes it easier to sell portfolios of distressed credit.
Do you also assist businesses dealing with banks?
Yes, we assist companies in debt restructuring and in negotiating with their lenders.