•Think Forward with iLS in the sale of its stake in Welcare•iLS opens its Milan office•Project Sandokan 2•Project Arya•iLS “Independent Italian Desk of the Year”•ICCREA GACS IV•Norman and Fabrizio co-author legal article on RE securitisation•Norman and Fabrizio interviewed by Capital Structure – 06/2020•Covid-19’s impact on the Italian Npl market•GACS and secondary market transactions•Two new tools for reperforming strategies