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BSF Gets Share Pledge Dispute Dismissed

Alessia Allegretti
Alessia Allegretti, Partner
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Simone Grassi, Partner
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Guido Maria Tancredi, Associate
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APRIL 5, 2024

In the News

On behalf of AC Milan’s majority shareholder, ACM Bidco, and Redbird Group’s Footballco Intermediate Cooperatief, Boies Schiller Flexner reached a favorable decision in a dispute brought by Blue Skye and Luxembourg Investment Company 159 before the Court of Milan concerning the validity of a pledge release on AC Milan shares in the context of a transfer of ownership from Elliott Group to RedBird Group.

The court declared a lack of jurisdiction in the Italian courts in favor of Luxembourg and ordered Blue Skye to refund expenses to all defendants.

The BSF team representing ACM Bidco and Footballco Intermediate Cooperatief includes Alessia Allegretti, Simone Grassi, Guido Tancredi, and Virginia Raimondi. The team is quoted in the articles by LawTalks, Monitor Legale, and Legal Community. 

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