Cherry Legal

What Cherry Legal does

Cherry Legal Società tra Avvocati a R.L. is an Italian law firm founded in May 2020 by entrepreneur Giovanni Bossi and co-founded with attorneys Renata Castellan and Irene Pirelli Marti. It operates as the dedicated legal services arm of the Cherry Group, providing specialized judicial and extrajudicial credit recovery for non-performing loans (NPLs), due diligence support for NPL portfolio acquisitions, and extrajudicial legal activities. Its service portfolio is structured around four pillars: Legal Recovery (judicial credit management), Collection Management (extrajudicial recovery strategy), Due Diligence (technical-legal portfolio evaluation, conducted remotely via Virtual Data Room and on-site), and Team Problem Solving (specialized banking and financial law expertise). All services are delivered exclusively to affiliated entities Cherry Bank and Cherry 106, with no external customers disclosed.

The firm employs standardized legal recovery workflows supported by intuitive internal IT systems and a digital interface with Italian courts and tribunals, combined with a nationwide network of partner legal professionals. Cherry Legal's go-to-market is fully captive: it bills professional services fees internally to Cherry Bank and Cherry 106 under a B2B arrangement within the Cherry Group ecosystem, with no publicly disclosed pricing. Governance is led by an all-female Board (Michela Mariani as President, Renata Castellan and Irene Pirelli Marti as Board Members), with Giovanni Bossi as founder. The company has its legal seat in Milano (Via della Moscova 3) and operational offices in Padova (Via Giambellino 7) and Roma (Via D. Manin 53), with 38 employees per firmographics.

Name

Cherry Legal

Legal name

Cherry Legal Società tra avvocati a R.L.

Website

https://cherrylegal.it

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Cherry Legal is an Italian law firm (Società tra Avvocati) founded in 2020 that provides NPL legal recovery, due diligence, and extrajudicial collection services exclusively to Cherry Bank and Cherry 106 as the captive legal arm of the Cherry Group.

Ownership category

akta.pro rank

Headquarters

HQ city

Padua, Veneto

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Legal Services to Cherry Group: Cherry Legal provides legal services exclusively to Cherry Bank and Cherry 106, including judicial credit recovery, due diligence assistance for NPL portfolio purchases, and extrajudicial legal activities. Revenue derives from professional services fees under a business-to-business model within the Cherry Group ecosystem.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Cherry Legal is an Italian law firm partnership (Società tra avvocati a R.L.) that provides specialized legal services for non-performing loan (NPL) management, including judicial credit recovery, due diligence support for NPL portfolio acquisitions, and extrajudicial legal activities. It serves exclusively as the internal legal services arm of the Cherry Group, providing legal collection services to Cherry Bank and Cherry 106 S.p.A. across Italy through a network of partner professionals.

Product overview

Cherry Legal is a legal services firm structured as a Società tra Avvocati (partnership of lawyers) focused on Non-Performing Loan (NPL) management. The company operates as part of the Cherry Group (alongside Cherry Bank and Cherry 106) and offers a unified suite of legal collection services comprising Legal Recovery (judicial credit management), Collection Management (extrajudicial recovery strategies), Due Diligence (portfolio evaluation support), and Team Problem Solving (specialized legal expertise). These services are designed to make NPL recovery "agile" through standardized processes, intuitive technology systems, and a nationwide network of legal professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Legal Recovery
• Collection Management
• Due Diligence Technical-legal support service provided during due diligence processes for pre-acquisition evaluation of NPL portfolios, conducted both remotely via Virtual Data Room and on-site.
• Team Problem Solving

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Cherry BankcoreOthers · 1 May 2020Cherry Bank is the financial partner of Italian entrepreneurial families and their businesses, operating through Wealth Management and Corporate & Investment Banking units. Cherry Legal provides legal services connected to Cherry Bank's business model, including judicial credit management and due diligence for NPL portfolio acquisitions.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Fire S.p.A. (Banca Fire): Italian NPL servicer and credit management firm. Comparable to Cherry Legal in providing judicial and extrajudicial NPL recovery in Italy, with a broader and more established client base.
• Italfondiario: Historic Italian NPL servicer offering credit management, recovery, and real estate servicing. Comparable to Cherry Legal in judicial and extrajudicial NPL recovery in the Italian market, with a much longer track record.
• Prelios Credit Servicing: Italian NPL servicer (part of Prelios Group) managing large portfolios for banks and investors. Comparable to Cherry Legal in providing NPL recovery and servicing in Italy, but at significantly greater scale.
• Cerved Credit Management (MB Credit Solutions): One of Italy's largest NPL servicers, providing end-to-end credit management and recovery services. Comparable to Cherry Legal because both operate in Italian NPL legal collection/recovery, though Cerved is far larger and serves many external banks and investors.
• Gardant S.p.A. Italian NPL-focused servicer providing master and special servicing across secured and unsecured portfolios. Comparable to Cherry Legal in delivering specialized NPL recovery and portfolio management services in Italy.
• Banca Ifis NPL Servicing: Banca Ifis's NPL division, active in purchasing and servicing distressed credit. Comparable to Cherry Legal in combining NPL acquisition with in-house recovery capabilities in the Italian market.

Direct peers

• Credito Fondiario: Italian NPL-focused credit manager and servicer. Comparable to Cherry Legal in operating across NPL acquisition, management, and recovery in Italy, with a similar focus on secured and unsecured credit.
• BonelliErede: Major Italian law firm with a recognized banking, finance, and NPL/restructuring practice. Comparable to Cherry Legal as an Italian legal services provider doing NPL-related work, but serving a much broader client base.
• LCA Studio Legale: Italian law firm with a dedicated banking, finance, and NPL practice advising on distressed credit transactions. Comparable to Cherry Legal in providing specialized legal services for NPL portfolios in Italy.
• Chiomenti: Leading Italian law firm with a strong banking & finance and NPL/distressed practice. Comparable to Cherry Legal in providing legal services to NPL investors and credit transactions in Italy, at significantly larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cherry-legal

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cherry Legal