Studio Legale Sutti (
http://www.sutti.com) advised Finnish international TLC manufacturer Elcoteq SE. (http://www.elcoteq.com) in a complex corporate deal worth in the region of 90 Ml Euros involving the worldwide outsourcing of critical industrial processes by Andrew Corp. (http://www.andrew.com), the purchase of the assets of its Italian subsidiary, the acquisition of Andrew Romania and the licencing of related software and know-know. Stefano Sutti, who coordinated the multinational SLS taskforce involved in the deal, remarks: "Compliance with the severe time constraints for the completion of the transaction was only possible because of our traditional expertise in the high-tech sector, and of our direct presence in Romania, where we are one of the leading corporate and IP practice. Another critical issue was to avoid that the Italian part of the deal were construed as a transfer of a business division, especially in the light of the redundancy programme subsequently announced by Andrew Italia". Andrew Corp was advised in the deal by Sonnenschein, Nath e Rosenthal LL.P. (http://www.sonnenschein.com) and Deloitte (http://www.deloitte.com), who instructed Gianni Origoni (http://www.gop.it) in Italy and Salans (www.salans.com) in Romania.
Studio Legale Sutti ( http://www.sutti.com), currently 149 fee-earners strong, is one of the five largest firms headquartered in Italy, and one of the ten largest overall in the country in terms of turnover, as recently confirmed by weekly news magazine "Panorama" at the beginning of March 2006. In 2005 SLS appointed five new partners and increased its yearly turnover of 20%, also thanks to the completion of SLS's territorial coverage of the Balkans through the opening in Croatia of the first foreign Office in the country.