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Partner Luca Arnaboldi Contact

Luca Arnaboldi, the Managing Partner of Carnelutti Studio Legale Associato, has been with the firm since the beginning of his career. His practice focuses on complex M&A and finance transactions, including within the real estate and media sectors.
Luca is a reserve officer with Italy’s Guardia di Finanza and also a registered Chartered Accountant. He has held and still holds directorships or supervisory board positions with several, public and private, Italian and international companies.
He has been elected Deputy Chairman of the American Chamber of Commerce in Italy for the 2018-2020 term.
In addition, Luca is a professor of Mergers and Acquisitions Law at the University Carlo Cattaneo of Castellanza (LIUC). He has also lectured at various courses and seminars, at the University of Milan, at Milan’s Politecnico University, at the LUISS University in Rome, at INSEAD Business School in Fontainebleau, France, and at numerous conferences where he is a regular speaker on specialist financial and legal subjects.
Luca has been nominated as one of the top lawyers in Italy by Best Lawyers 2018.
His excellence in the media law field received due recognition by being nominated Best Media Lawyer in the annual TopLegal awards for 2011. Luca is also ranked among the leading media lawyers by Media Law International. He is also recognized as a leading corporate/M&A lawyer by Chambers & Partners. According to TheLegal 500 and PLC Which Lawyer Yearbook, Luca is also ranked highly recommended in corporate/M&A and media. In addition, he is also listed as an expert in banking and finance, corporate and M&A by Legal Experts - EMEA publication. Clients describe him as "a very professional lawyer".
Luca was admitted to the Italian Bar in 1989 and gained audience rights before the Supreme Court in 1999.

  • Assisting a special purpose acquisition company ("SPAC") incorporated under Italian law, in the development of a business combination with a bank that has been operating in Italy since 2009 in the segment of small- and medium-sized companies, with total assets of approximately €1 billion and net assets of approximately €60 million.
  • Assisting one of the largest European country-focused private equity funds with a growth strategy, in the execution of an agreement related to the subscription of a capital increase and the acquisition of an equity interest (35%) in a leading company in Europe in the development, production, decoration, and distribution of primary packaging for the cosmetics and make-up markets.
  • Assisting an Italian brand at the forefront of the world fashion scene in the acquisition of an interest in the fashion company by a primary private equity fund.
  • Assisting a Danish based beverage company, listed on the Nasdaq Nordic Stock Exchange, in the acquisition of a fruit flavoured soft drinks business from a major Italian player in the global spirits industry. Besides the trademarks, the acquired assets include the manufacturing and bottling facility, located in Northern Italy.Assisting a major international investor and leading diversified business in the Middle East in association with a London property firm which invests in real estate and related businesses in the UK and Europe in the purchase of the French portfolio of a primary Italian listed real estate company consisting of 9 luxury buildings in Paris, for 1.225 billion Euro.
  • Assisting and advising a leading Chinese fashion retailer in the acquisition of 100% of the share capital of a legendary Italian fashion designer.
  • Assisting and advising the world's no. 1 non-fiction media company, listed on the New York Nasdaq, in the acquisition of an Italian independent broadcaster with 8 tv channels.
  • Assisting and advising an international real estate investment company whose portfolio includes some of the most exclusive 5-star hotels in Europe and the USA in its acquisition of one of the world’s most majestic and iconic hotel in Rome.
  • Assisting and advising a holding company owned by a a young, glamorous Kazakh businesswoman  in the acquisition of a historic French high-fashion brand, established in 1912.
  • Assisting and advising the shareholders of an Italian company, a leader in the design and manufacture of ball valves for the chemical, petrochemical, on-shore and off-shore oil & gas and power plant industries, in the transfer of their shareholdings to a company managed by a Russian group, which offers integrated solutions for the supply, equipping and installation of fuel and mineral exploration and exploitation projects, new product development, project designing and services for oil & gas, power and transport-building enterprises, and other industries.
  • Advising a primary US group, leader in solar-energy services, on a complex deal related to the construction in the Veneto Region close to Rovigo of Europe's largest photovoltaic power plant. The solar energy plant has a capacity of about 100 Megawatts.
  • Assisting and advising a consortium of four Italian banks on the acquisition of 198 branches from a leading Italian banking group for 2 billion Euro.
  • Assisting and advising a consortium of financial investors on the acquisition of a multijurisdiction medical diagnostic equipment company from a major Italian pharmaceutical Group.
  • Assisting and advising an international group which operates in the management of real estate financial instruments in the acquisition, from a primary bank, of a famous Milanese landmark building located in the high fashion district.

The new Italian financial and tax strategy

November 28, 2018
Luca Arnaboldi spoke at the conference “The new Italian financial and tax strategy”, organized by OFC I SDA Bocconi School of Management together with JP Morgan. The event took place at the Bocconi University. Panel of speakers included leading figures of the financial and legal world.

INSEAD’s Lawyers Strategic Management Programme

June 4, 2018
Carnelutti Studio Legale Associato is partnering INSEAD’s Lawyers Strategic Management Programme. This programme is held by Luca Arnaboldi, managing partner of Carnelutti law firm and founding partner of INSEAD’s Lawyers Strategic Management Programme.The programme is divided in two modules: from 31 May to 2 June 2018, and from 11 to 13 October 2018, Fontainebleau, France. INSEAD and Carnelutti bring together legal sector expertise and cutting-edge thought leadership from world-class faculty.

LIUC - Law Learning Days

April 5, 2017
Luca Arnaboldi held a lesson for high school students entitled “Cosa è bene sapere della professione forense” (What you should know about the legal profession). Students were given a guided tour of the Firm.

Brexit, an Opportunity: Milan the Eurozone City

July 28, 2016
Luca Arnaboldi, as Deputy Chairman of the Committee SELECT M!lano, moderated the event entitled ”Brexit, an Opportunity: Milan the Eurozone City. A Few Strategic Measures to promote Milan’s Business District.” The event took place at Palazzo Cusani, at 10.30 am.

Companies and Banks in a Crisis

April 30, 2016
Luisa Melara designed and contributed to the organization of the Conference entitled: “Le imprese e le banche nello stato di crisi, tra competenza, responsabilità e prevenzione” (Companies and banks in a crisis, faced with skills, liability and prevention). The Conference took place at the Conference Centre of the Grand Hotel Billia in Saint-Vincent, Aosta. Luca Arnaboldi was a keynote speaker at the roundtable on the dichotomy in legislation of growth and financial stability: new accounting standards, capital ratios, liabilities to be readily written down or converted into equity (bail-in): what are the effects on banks’ willingness to lend to companies in a crisis situation? The new frontiers of loans to businesses.

TopLegal Industry Awards 2016

February 11, 2016
Carnelutti Studio Legale Associato was awarded the TopLegal Industry Awards 2016 as “Best Italian Firm for its traditional media practice”. The award was received by Luca Arnaboldi and his team, during the gala dinner organized by TopLegal on Wednesday 10 February 2016.

Lawyers and Shareholders: Opportunities and Challenges

May 26, 2015
Luca Arnaboldi was a keynote speaker at the roundtable entitled “Avvocati e soci di capitale: l’opportunità e la sfida” (Lawyers and Shareholders: Opportunities and Challenges), organized by Legalcommunity and Financecommunity. The event took place at Uptown Palace Hotel, Milan.

Italia GRI 2014

November 24, 2014
Luca Arnaboldi participated in Italia GRI 2014, the exclusive event where senior level real estate executives discussed key issues, opportunities and challenges in the Italian real estate market. He joined the discussion entitled “NPLs and distressd bank assets – Is the trickle about to turn into a flood?” and was co chair of the “Core investments – Increased demand meets lack of product?” discussion. For more information, please visit http://www.ilqi.it/quotidiano-immobiliare/176860

The Law Firm: Vision, Strategies and Growth

September 15, 2014

Luca Arnaboldi was a keynote speaker at the roundtable entitled “Lo Studio Legale: Visione, Strategie e Crescita” (The Law Firm: Vision, Strategies and Growth) organised by Legalcommunity.it at the Park Hyatt, Milan. The topic of the event was the development of law firms in terms of value, strategies and growth.


2014 Italian Retail Market

June 26, 2014
Carnelutti Studio Legale Associato in association with TopLegal organised a conference entitled: “2014 Italian Retail Market”. The conference, endorsed by AREL (Associazione Real Estate Ladies), took place at Fieramilanocity, Padiglione 4, Milan, as part of the Expo Italia Real Estate event.

Corporate Restructuring 2013

November 16, 2013
Luca Arnaboldi lectured on liability in corporate restructuring to students of Milan Politecnico University’s Executive Education programme.

Habemus Res Immobiles: Reloading the Italian Real Estate Market

June 5, 2013
Carnelutti Studio Legale Associato in association with TopLegal organised a conference entitled: “Habemus Res Immobiles: Rifondazione del Mercato Immobiliare Italiano” (Habemus Res Immobiles: Reloading the Italian Real Estate Market). The conference, endorsed by AREL (Associazione Real Estate Ladies), took place at Fieramilanocity, yellow conference room, Padiglione 4, Milan, as part of the Expo Italia Real Estate event.

Milano Fashion Global Summit 2012

December 4, 2012
Luca Arnaboldi was a keynote speaker at the “Milano Fashion Global Summit 2012”. The conference entitled “La Conferma degli USA, il Ritorno del Giappone e la Promessa del Brasile” (USA Momentum, the Return of Japan and the Promise of Brazil) took place at Palazzo Vecchio, Florence.

Power from Renewable Energy Sources: Future Scenarios in Light of the New Rules on Renewable Electricity

November 29, 2012
Carnelutti Studio Legale Associato in association with TopLegal organized a conference entitled: “Energia da fonti rinnovabili: futuri scenari alla luce dei nuovi decreti sulle rinnovabili elettriche” (Power from Renewable Energy Sources: Future Scenarios in Light of the New Rules on Renewable Electricity). The conference took place at the Circolo della Stampa di Milano – Palazzo Bocconi, Milan.

The Incorporated Law Firm. The Shareholder: Opportunity or Threat?

April 20, 2012
Luca Arnaboldi was a keynote speaker at the forthcoming conference: “Studio Legale S.p.A. Il Socio: opportunità o minaccia?” (The Incorporated Law Firm. The Shareholder: Opportunity or Threat?). The event was organized by TopLegal in association with ASLA (Associazione Studi Legali Associati) and took place in Milan at the Bocconi University’s conference center as part of the Salone del Risparmio (The Asset Management Trade Show).

Renewable Energy Market: Can the Circle be Squared?

October 5, 2011
Carnelutti Studio Legale Associato in association with TopLegal organized a conference entitled: “Mercato delle energie rinnovabili: esiste la quadratura del cerchio? Un intero settore alla ricerca del proprio equilibrio tra obiettivi comunitari, norme locali ed esigenze di investimento” (Renewable Energy Market: Can the Circle be Squared? A whole industry searching for the right balance between EU objectives, local regulations and investment needs). The event took place at Villa Necchi Campiglio, Milan.

New Digital Order

October 27, 2010
Carnelutti Studio Legale Associato in association with TopLegal organized a conference entitled: “Nuovo Ordine Digitale – Sfide e opportunità dell’industria radiotelevisiva prossima ventura” (New Digital Order – Challenges and Prospects for the Radio and Television Broadcasting Industry in the Near Future). The event took place at Villa Necchi Campiglio, Milan.

Renewable Energy: a Driving Force for Economic Recovery

May 21, 2010
Carnelutti Studio Legale Associato in association with TopLegal organized a workshop entitled: “Energie rinnovabili: motore per la ripresa economica” (Renewable Energy: a Driving Force for Economic Recovery). The event took place at the Park Hyatt Hotel, Milan.

Lombard Elite – Best Real Estate Law Firm

September 28, 2009
Carnelutti Studio Legale Associato was selected as “Lombard Elite – Best Real Estate Law Firm” at the MF/Milano Finanza Real Estate Award 2009, held in Milan on September 28, 2009. The firm won the award for its excellent real estate achievements over the previous year.

Master’s Degree Programme in Private Equity

May 1, 2006
Luca Arnaboldi and Gilberto Comi taught three modules at a Master’s Degree programme in private equity held by Milan’s Politecnico University. Luca Arnaboldi lectured on shareholders’ meetings and shareholders’ syndicates; Gilberto Comi lectured on administration and supervision systems.

Private Client Tax 2015

April 1, 2015
Luca Arnaboldi and Gilberto Comi co-wrote the Chapter on Italian private client regulation in Private Client Tax 2015, published by the European Lawyer.

Private Client Tax 2012

September 3, 2012
Luca Arnaboldi and Gilberto Comi co-wrote the Chapter on Italian private client regulation in Private Client Tax 2012, published by the European Lawyer.

New Media and Copyright: Agcom will Sort it Out

February 21, 2011
“New Media e Copyright: ci pensa l’Agcom” (New Media and Copyright: Agcom will sort it out), by Luca Arnaboldi, published in the Italian business newspaper Italia Oggi.

Private Client Tax 2010

September 16, 2010
Luca Arnaboldi and Gilberto Comi co-wrote the Chapter on Italian private client regulation in Private Client Tax 2010 published by The European Lawyer.

Closed-End Real Estate Funds

June 7, 2010
“Fondi immobiliari chiusi, occhio alla patrimoniale secca prevista in manovra”, by Luca Arnaboldi and Leonardo Spina, published in the Italian business newspaper Italia Oggi.

Small and Medium Enterprises – Aggregations among Networks and Systems

March 16, 2010
Carnelutti Studio Legale Associato contributed to the guide entitled “PMI all’estero – aggregazioni tra network e reti” (Small and Medium Enterprises – Aggregations among Networks and Systems) published by Il Sole24ORE. The Guide deals with legal and financial profiles of joint ventures, focusing on the opportunities arising out of such transactions for small and medium enterprises. Carnelutti examined the legal aspects, explaining the main legal structures to be put in place in order to establish an equity or non-equity joint venture.
The Guide also includes an interview given by Luca Arnaboldi on the most crucial issues to be dealt with in structuring a joint venture transaction.

“Le Due Pecche della Restaurazione”

November 25, 2009
“Le due pecche della restaurazione” by Luca Arnaboldi, published in the Italian business magazine Economy.

“La Favola Buona del Mondo Gratis”

September 16, 2009
“La favola buona del mondo gratis” by Luca Arnaboldi, published in the Italian business magazine Economy.

Italy’s REIT Response

June 28, 2007
Luca Arnaboldi and Benedetta Amisano co-wrote the article: “Italy’s REIT Response”, in the 28 June issue of Legal Week.

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