Biography

Giorgio Bovenzi leads our Global Credit Risk Management practice and advises clients on commercial, banking, and insolvency law in the context of cross-border financial market transactions. A bankruptcy lawyer by training, Giorgio’s practice has dealt with the insolvency laws of a large number of jurisdictions worldwide and with the implementation of arrangements designed to mitigate credit risk in multi-jurisdictional settings. In recent years his practice has expanded to include digital assets and their credit and regulatory implications. The value of Giorgio’s counsel derives from 30 years of experience in insolvency, credit, banking, regulatory, and derivatives law in multiple jurisdictions around the world. Prior to joining the firm in 2019, he practiced at Skadden, Davis Polk, and Dentons.

Chambers USA notes that Giorgio “is particularly recommended for his extensive knowledge of global banking laws” and cites a client who describes him as “a very focused lawyer who's very highly regarded by financial institutions.” Other clients state that Giorgio "is very good to work with and excellent at finding solutions” and offers a “good depth of knowledge across a number of jurisdictions” (Chambers USA, Nationwide, 2020-2025 (Chambers and Partners)).

In the Legal 500 directory, clients describe Giorgio as “knowledgeable, professional and responsive,” praising his “comprehensive understanding of both the industry and the related legal issues” and his ability to “reconcile common law legal concepts and continental law legal concepts in a practical manner.” One client enthused that "his understanding of legal systems around the world enables him to distill immense amounts of information into a pragmatic solution." Other clients describe him as a “top-notch”and “thoughtful and solutions-oriented” team leader who provides a “very impressive service,” adding that Giorgio is "unique in his 'understanding of the regulatory and risk management concerns of banks and ability to produce multi-jurisdictional solutions’” (The Legal 500 USA, Nationwide, 2017-2024 (Legalese).

Giorgio’s dual training in civil and common law is particularly relevant for global banks’ and fintech clients’ cross-border structuring of financial products for the global markets (e.g., prime brokerage, margin lending, derivatives, securities lending, repos, asset custody, payment systems) and the evaluation of the credit risk represented by the specific product and/or the counterparty. In addition to Giorgio’s familiarity with credit risk mitigation techniques (e.g., collateralization and setoff/netting) and the insolvency laws of a large number of foreign jurisdictions, clients benefit from his longstanding work relationships with country counsel from more than 90 jurisdictions worldwide, which enable him to deliver coordinated results and seamless, uniform counsel across multiple jurisdictions.

Giorgio has also represented global financial institutions and multi-national debtors in complex U.S. and non-U.S. plenary and ancillary insolvency matters, and in multi-jurisdictional out-of-court restructurings where his hands-on understanding of the enforceability of foreign collateral and key aspects of local insolvency proceedings played a critical role.

Giorgio has been involved in several international initiatives, including as expert consultant to the United States Delegation participating in the drafting of the International Institute for the Unification of Private Law (UNIDROIT) Principles on the Operation of Close-Out Netting Provisions (2013), and as the International Bar Association observer to the development of the UNIDROIT Principles on Digital Assets and Private Law (2023).

He is an active officer of the International Bar Association (IBA), Banking & Financial Law Committee, and currently serves as the Co-Chair of the AI Banking & Financial Subcommittee.

He also moonlights as an adjunct professor of law at Fordham University School of Law in New York City, where he has taught courses on professional responsibility in multinational practice and United States domestic and cross-border insolvency law.

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