Alessandro Salvador is a partner with Studio Legale Associato Shearman & Sterling LLP in charge of the Litigation practice in Italy.

Alessandro represents Italian and foreign companies and individuals before courts and arbitral tribunals, as well as in cross-border litigation, on matters dealing with company law, business law, financial and banking law, insurance law, real estate law, insolvency and regulatory enforcement.

He joined the firm in 2015 from Lombardi Molinari Segni, one of the leading Italian litigation firms in Milan, where he practiced for over 15 years, becoming a partner in 2008.

Shearman & Sterling LLP Firm practices in Italy in association with Studio Legale Associato Shearman & Sterling LLP. Partners in the Rome and Milan offices are partners in Studio Legale Associato Shearman & Sterling LLP.

• An Italian listed bank in an ad hoc arbitration on a derivative instrument (IRS) dispute, obtaining a favourable award in January 2021.
• An Italian independent energy and oil& gas Italian group in an ad hoc arbitration with its Egyptian agent, settled in March 2021.
• An Italian listed company and its controlling shareholders in set of proceedings before the Court of Milan involving some former shareholders and directors. The dispute at hand deals with the alleged breach of the representations and warranties under a SPA, the breach of a shareholders’ agreement, the violation of the former directors’ duties under general law provisions and separate agreements and the enforcement of a share pledge agreement.
• A major Italian independent industrial group (which is the world’s leader in the production of automated machinery for the tobacco industry) against a listed intellectual property company in commercial arbitration before the Chamber of Arbitration of Milan. The dispute was settled in the course of the proeedings following evidentiary phase.
• An Italian company operating a major touristic Sardinian harbor as plaintiff in a commercial litigation before the local Courts for breach of contract and related damages allegedly caused by the lessee under several nautical services and berth spaces lease agreements. Following settlement was discontinued.
• A listed company in a post-merger case initiated by some minority shareholders of its subsidiary, merged into the same listed company. The plaintiffs claimed damages for an alleged violation of the mandatory provisions governing mergers and for the purported disproportion of the shares exchange ratio.
• A major Italian listed bank in two liability lawsuits brought against some former executives and for tortious liability against two international banks, for having devised and arranged two structured repos, which were intended as alleged illegal complex financial transactions aimed at concealing losses accrued on other financial instruments. Damage claims exceeded €1.2 billion.
• A major Italian listed bank in several lawsuits before various Italian Courts or in pre-contentious claims brought by some of its shareholders and other investors claiming damages in relation to alleged misrepresentations in the bank’s prospectus for capital increase, including a class action, which was the first prospectus misrepresentation class action claim ever brought before Italian Courts.
• A major Italian listed bank in a civil lawsuit for damages in tort brought against the national consumer association, which over the course of 2013 allegedly made slanderous remarks concerning the reorganization plan of the bank and the admission to the state aid procedure.
• An Italian independent construction and engineering group in a bundle of complex litigation proceedings for a price adjustment claim related to the purchase of a railway business. The proceedings involved two interim measures, granted by the Tribunal of Milan upon our request, to inhibit and restrain the enforcement of a first bank guarantee issued in favor of the seller to secure the payment of the provisional price.
• An Italian joint-stock company before the Appellate Courts of Milan as counsel to its bankruptcy receiver in a liability action against the company’s former directors, shadow-directors and statutory auditors for damages caused to the company and its creditors.
• An independent Italian insurance company in a variety of cases before Italian Courts, related to the sale and distribution of its unit linked policies to affluent individuals. These positions often involve cross-claims with the intermediary (insurance agency, brokers, banks) in charge of distribution of products.
• A formerly listed major Italian leasing bank, in various cases started by retail and institutional investors against the bank for the alleged falsity in its prospectus, financial statements and in price-sensitive communications to the market in relation to misinformation on complex financial derivative instruments traded by bank.
• An Italian listed company operating in the renewable energy field summoned before the Tribunal of Milan in its capacity as holding company. This complex litigation was started by a foreign client of a subsidiary of the listed company. The plaintiff sought to recover damages allegedly suffered as a consequence of the discontinuance of the business of the subsidiary and related alleged breach of contract.

• He has been ranked band 6 in Chambers Global & Chambers Europe for Dispute Resolution.
• Chambers Europe notes that Alessandro Salvador leads the team at Shearman & Sterling LLP and impresses clients with his “fantastic arguments” in court.
• Chambers Global notes that clients know Alessandro Salvador to be a “very proactive and knowledgeable lawyer.”