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Managing Partner

Michael Psaila

Michael Psaila

Michael Psaila is a Partner at Mamo TCV Advocates. He co-heads the firm’s Corporate and Banking practice groups.  He graduated Doctor of Laws from the University of Malta in 2004 after submitting a doctoral thesis titled ‘The Raising and Maintenance of Capital’. Michael furthered his studies at Kings College London, where he obtained an LL.M in Corporate and Commercial Law.

Michael was called to the Bar in January, 2005 and was a partner at Simon Tortell & Associates since the firm was founded in May 2009 until it merged with Mamo TCV in July 2016.

He regularly advises a range of clients that include public authorities, banks, fund managers, insurers, multinational companies and local businesses on corporate law, M&A transactions, banking and finance and insolvency.

Michael has been managing partner of the firm since November 2017 and also plays a key role in the firm’s business development activities.

He is a member of the Chamber of Advocates, the Institute of Financial Services Practitioners and the International Bar Association.

Dr Michael Psaila - Managing Partner

Education

  • B.A. Legal and Humanistic Studies (2001, University of Malta)
  • Doctor of Laws (2004, University of Malta)
  • LL.M. (2005, Kings College, University of London)

Representative Experience

  • Acted as local counsel in Malta for Doordash Inc. in connection with the acquisition of Wolt Enterprises OY, which included a subsidiary with operations in Malta
  • Acted as local counsel in Malta for Evos BV in connection with the acquisition of Oiltanking Malta Limited, a company that owns and operates an oil storage facility in Malta
  • Acted as local counsel in Malta for Bain Capital in connection with the acquisition of aero engine manufacturer ITP Aero
  • Acted as local counsel in Malta for Stonehage Fleming in connection with the acquisition of the private client and corporate services business of a Maitland, a privately owned global advisory, administration and family office firm having operations in a number of jurisdictions, including Malta
  • Acted for the ex-shareholders in a Maltese company that owns significant photovoltaic assets in Greece in high-value arbitration proceedings involving various claims in connection with a share purchase agreement
  • Acting for BCRS Malta Limited, a company incorporated by the major stakeholders in the Maltese beverage industry for the purpose of setting up and operating a beverage collection refund scheme in Malta
  • Acted for the minority shareholders of a company that was listed on the Malta Stock Exchange in unfair prejudice proceedings that resulted in the company being put into liquidation (Calamatta Cuschieri Investment Services Limited et vs Pefaco International plc.)
  • Acted as Maltese counsel for the acquirer of an integrated supplier of secure and highly engineered banknotes used by central banks over the world and having operations in a number of jurisdictions, including Malta
  • External counsel to a retail bank on a variety of matters including regulatory compliance, anti-money laundering, product structuring, credit facilities, security agreements and other day-to-day matters
  • Regularly acts lenders and borrowers in syndicated finance transactions involving Maltese companies
  • Maltese counsel to the acquirer of a company specialising in technically complex active pharmaceutical ingredients with an operation in Malta
  •  Advised on the Maltese law aspects of an initial public offering on the Toronto Stock Exchange of a company having a Maltese corporate holding structure
  • Acted for a public authority in connection with the procurement process for a major PPP project in the tourism sector
  • Acted for the vendors of a significant minority stake in a credit institution registered in Malta and listed on the Malta Stock Exchange

Memberships

  • Admitted to the Maltese Bar, Superior Courts of Malta (2005)
  • Malta Chamber of Advocates
  • Institute of Financial Services Practitioners
  • International Bar Association

Get In Touch

Address

MAMO TCV Advocates
Palazzo Pietro Stiges
103, Strait Street
Valletta, VLT 1436
Malta

Stay updated with our latest insights

Mamo TCV Advocates: The European Parliament has formally endorsed a new AML package. This article provides a brief synopsis of some of the main characteristics of this new legislative package.
Corporate and M&A

European Parliament Formally Endorses New AML Package

As of the 24th April 2024, the European Parliament formally endorsed the upcoming Anti-Money Laundering (‘AML’) Package. This package is anticipated to standardise AML rules across the European Union ('EU'), taking into consideration various potential loopholes which could be utilised by criminals to launder funds. This new package is anticipated to also improve the way national systems within Member States are organised and to promote cooperation between them to tackle money laundering and terrorist financing. This new package will transfer all rules applicable to the private sector to a new Council Regulation (‘AML Regulation’), with the AML Directive (Directive EU…
Mamo TCV Advocates: The Central Bank of Malta repeals Directive no. 18 on Moratorium on Credit Facilities with immediate effect. Find out more about this update here.
Banking & Finance

CBM Repeals Directive no. 18 on Moratorium on Credit Facilities

The Central Bank of Malta repeals Directive no. 18 on Moratorium on Credit Facilities in Exceptional Circumstances On 3 May 2024 the Central Bank of Malta (hereunder the ‘CBM’) repealed Directive No. 18 on Moratorium on Credit Facilities in Exceptional Circumstances (hereunder the ‘Directive’). The main objective of the Directive, which had come into force on 13 April 2020, was to implement the provisions of regulation 6 of the Moratorium on Credit Facilities in Exceptional Circumstances Regulations (Subsidiary Legislation 465.40) which regulations were issued under the Public Health Act (Chapter 465 of the Laws of Malta) in order to provide…
News

Award in the Practical Applications of Maltese Employment Law

Mamo TCV Advocates in collaboration with the Foundation for Human Resources Development (FHRD) will once again be organising the course entitled ‘Award in the Practical Applications of Maltese Employment Law’. This course shall consist of a number of lectures on various topics related to Maltese employment law including employment contracts, termination of employment, occupational health and safety matters, employee data processing and immigration issues. The sessions will be held between the 11th and the 20th June. Further details can be obtained through the following link: https://fhrd.org/professional-program/practical-applications-of-maltese-employment-law/
Mamo TCV - Legal Article
Banking & Finance
Court of Appeal (Inferior Jurisdiction) Orders the Reinstatement of Bank Accounts
Mamo TCV Advocates: The European Banking Authority (EBA) has released an opinion that assesses emerging trends in payment fraud and proposes regulatory measures to address these challenges. In our latest Payments Insights, we discuss the EBA's publication which emphasises the necessity of improving security measures for instant payments, applying Strong Customer Authentication (SCA) consistently across all transaction types, and facilitating cross-border collaboration to manage the increased fraud risks associated with international transactions. The EBA’s Opinion also outlines several regulatory recommendations, including updating fraud risk management frameworks, adjusting liability rules to better protect consumers, and reinforcing supervisory processes. These measures are designed to increase the resilience of the financial sector for the benefit of the end-consumer within the payments sphere.
Banking & Finance
Payments Insights #2 –
EBA Opinion on Payment Fraud and Possible Mitigants
Capital Markets
Mamo TCV Advocates Attends Ringing of the Bell Ceremonies at the Malta Stock Exchange

Awards & recognitions

Mamo TCV Advocates is a popular choice for private and public companies, financial institutions, insurance companies, investment funds and public authorities. The group frequently acts on privatisations, M&A transactions, cross-border structured financings, syndicated loans and restructurings. The practice’s leadership is split between project and M&A financing expert Andrew Muscat and Michael Psaila, whose expertise spans capital markets products, insolvency law and M&A deals.

The Legal 100 - Commercial, Corporate and M&A (Tier 1)2022

Michael Psaila is highly praised by interviewees, who comment: "He is a joy to work with and an excellent lawyer," while one source highlights that "he is very thorough and provides very comprehensive advice." He advises clients on commercial agreements, as well as assisting public and private sector clients with regulatory changes.

The Legal 500 (Band 3)2021

Michael Psaila is highly praised by interviewees, who comment: "He is a joy to work with and an excellent lawyer," while one source highlights that "he is very thorough and provides very comprehensive advice." He advises clients on commercial agreements, as well as assisting public and private sector clients with regulatory changes.

Chambers Europe - Band 32021

Interviewees report that Michael Psaila is "very statesmanlike" and describe him as a "can-do person." Psaila assists clients with corporate restructuring and re-domiciling matters. Clients add that he is "extremely diligent and very knowledgeable of the law.

Chambers Europe - Eminent Practitioner2020