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TofaniLEGAL
Track record · documented operations

Cases &
mandates
documented.

A selection of representative operations handled by the firm, with publicly verifiable sources. Integral mandates — covered by NDA and professional secrecy — are available in confidential consultation with qualified institutional operators. Case content is kept in Italian where it references Italian legal citations, sentences and regulatory decisions.

01Representative operations

Representative operations.

Mandates illustrating the firm's range of intervention: institutional due diligence, strategic appellate litigation, EU regulatory authorization, documented NPL-PA operation. Each case is verifiable through public sources (industry press, regulatory decisions, reported rulings, the 2025 Tofani-Canepa book).

Institutional · Due diligence2021

NPL due diligence from €3 billion GBV

Legal assistance to a primary independent Italian servicer in the analysis of an NPL portfolio for sale by a primary banking institution. Sample analysis on over 3,000 files, secured and unsecured credits, legal-documentary and probative due diligence.

Key figures:

  • Portfolio GBV: €3 billion
  • Files examined: 3,000+
  • GBV range per file: €100k – 1M+
  • Team deployed: 6 firm lawyers
  • Client: independent servicer (institutional)

Source · Legalcommunity (Oct. 2021)

Firm team coordinated by Avv. Cristiano Augusto Tofani with Avv. Maria Azzurra Troiani, Avv. Alessandro Ricci, Avv. Patrizio Scifoni and Avv. Susanna Barbadoro.

Further sources · TopLegal (May 2018) · Global Legal Chronicle · Legalcommunity (Oct. 2021)

Litigation · Court of Appeal2017

Revocatory action under art. 2901 Italian Civil Code Court of Appeal of Milan

Revocatory action under art. 2901 Italian Civil Code before the Court of Appeal of Milan. Assistance to the creditor company against debtor parties and affiliated companies, to protect the patrimonial guarantee of distressed credits previously assigned.

Key figures:

  • Jurisdiction: Court of Appeal of Milan
  • Ruling: no. 4753/2017
  • Subject matter: Revocatory action
  • Norm: Art. 2901 Italian Civil Code
  • Outcome: Favorable to the client

The dispute is part of a broader matter regarding the sale of shareholdings attributable to the debtor party, subject to revocatory action protecting the assigned credit. All grounds of appeal against the first-instance ruling were rejected: uncollectability of the credit for lack of publication in the Official Gazette, absence of eventus damni, contestation of the fairness of the assignment consideration, constitutional illegitimacy of the securitization regime. The opposing party was ordered to pay court costs.

Further sources · Diritto24 (Sole24Ore, Feb. 16, 2018) · Global Legal Chronicle Italia · TopLegal

Regulatory · First ECSP NPL2024

Profit Farm (CONSOB) ECSP authorization

Full legal assistance in the authorization proceedings before CONSOB, with opinion of Bank of Italy. First Italian and European platform authorized under EU Regulation 2020/1503 as European Crowdfunding Service Provider for financing projects involving the acquisition and collection of NPL credits.

Key figures:

  • Authorities: CONSOB · Bank of Italy
  • Regulation: EU 2020/1503
  • First authorization: First ECSP NPL
  • Default rate: 0%
  • Client: Profit Farm srl

Source · CONSOB resolution

PA receivables · Documented case2023

Operation Aurora Boreale 1

Operation on the residual tranche of privileged mortgage credit arising from a works contract at a public healthcare facility. Structuring of the investment vehicle, distribution via ECSP, "cash in court" management, minimum risk. Case documented in the book.

Key figures:

  • Capital raised: €420,000
  • Investors: 57
  • Duration: 317 days
  • Gross IRR: 8.09%
  • Sector: PA · Healthcare

Source · Tofani-Canepa (2025)

02Banking & NPL

Documented operations.

Confidentiality

Full mandates available in confidential consultation

The list published here is limited to cases documented by public sources (reported rulings, regulatory decisions, industry press). The quantitatively predominant part of the firm's activity — NDA mandates, pre-litigation disputes, due diligence under professional secrecy — is disclosed only in confidential consultation with qualified institutional operators.

For qualified institutional operators.

Banks, funds, servicers, institutional investors. Confidential consultation for discussion of documented casework and operations in progress.

Request confidential consultation