Filippo Andrea Chiaves
With a diverse academic background teaching tort law & economics, combined with over 15 years' experience as a full-time commercial litigator, Filippo developed a solid track record assisting clients across wide-ranging industry sectors with particular focus on domestic and cross-border commercial disputes, contentious insolvency and financial services litigation.
A Florence University comparative law doctorate lecturer having taught law and economics and comparative tort law at Milan's Bocconi University and in Bologna, Filippo joined Hogan Lovells in 2004 after working for Italian and US firms in Turin, Milan and Boston.
Filippo is the Italian office's 'contentious insolvency front man', whether assisting in proofs of claim in bankruptcy and asset recoveries from insolvent estates, advising multinationals in the context of Italian creditor arrangements of distressed businesses, or defending foreign clients against claw-back actions initiated by Italian receivership.
Working closely with the Banking & Finance and BRI practices, Filippo has been advising on the contentious insolvency aspects of a number of deals involving loans, securities and distressed debt trading, and on enforcement strategies. ‘Highly skilled, and responsive to any incoming issue’. He is also appreciated by the firm's key clients for his knowledge and experience in financial services litigation after being seconded to a leading Italian multinational bank where he was involved with strategy harmonization policies. He assisted financial institutions in connection with failed repayments of bank financing, enforcement of bank guarantees, and advising on litigation involving financial instruments and bank downgrading by rating agencies. Filippo also addresses commercial litigation disputes involving financial institutions and bank/customer issues.
Of Counsel Filippo Chiaves is experienced in contentious insolvency and is ‘extremely responsive and very sound in his advice'
Milan-based of counsel Filippo Chiaves is 'speedy and precise'
Areas of Focus
Advising the ECB's Single Resolution Board on the interactions between the EU resolution procedure and the Italian liquidation for distressed banks.
Advising the Italian Banks' Association on the feasibility of filing claims for tort liability for the downgrading of 26 Italian banks by Moody's.
Defending an Italian cooperative bank against compound interest claims brought by customers of the bank.
Handling creditor arrangements proposed by a major Swiss investment bank and by a Middle Eastern fund within the framework of several Italian corporate bankruptcies.
Successfully assisting a foreign Government in defending against interim relief sought to prevent enforcement of bank guarantees and performance bonds worth €300 million.
Successfully assisting a leading tobacco manufacturer in the first product-related class action filed in Italy and in multiple smoking and health damage claims.