📢 We have advised Leonardo on the new equal joint venture for the Global Combat Air Programme (GCAP), which involves a strategic collaboration between BAE Systems (United Kingdom), Leonardo (Italy) and Japan Aircraft Industrial Enhancement Co Ltd (Japan). The joint venture, which is subject to obtaining the necessary regulatory approvals, represents a key step in the development of the Global Combat Air Programme (GCAP), aimed at designing, developing and delivering a next-generation combat aircraft, and maintaining its role as a design authority throughout the aircraft's lifecycle. The Clifford Chance cross-border and multidisciplinary team provided legal assistance in all phases of negotiation and definition of the agreements. In Italy, the team comprised partner Paolo Sersale, counsel Francesca Casini and associate Francesco Romagnoli who assisted Leonardo on all contractual and corporate governance aspects of the joint venture. They were joined by partner Alex Cook and partner Michael Pearson who provided support for the aspects of English law and regulations for the defence sector. Antitrust aspects were handled by partner Luciano Di Via, senior associate Antonio Mirabile and associate Maria Bazzini, while specialist advice on intellectual property aspects was provided by counsel Andrea Tuninetti Ferrari and, from the United Kingdom, by partner Don McCombie as well as senior associate Sean Wood. For Japan, support was provided by partner Natsuko Sugihara, partner Masafumi Shikakura and counsel Shunsuke Nagae. Read more: https://lnkd.in/ea8XUtTh
