Governance
Governance, compliance and professional coordination
Every project requires a method, documentation, clearly defined responsibilities and the contribution of competent professionals.
Cortalis operates within the scope of its corporate purpose and its nature as an operational property and project development company. Where the project requires legal, tax, technical, planning, administrative or specialist assessments, Cortalis coordinates the input of competent, accredited professionals.
The quality of a project also depends on document governance: clear roles, well-defined responsibilities, a well-organised data room, verifiable checklists, traceability of decisions and compliance with agreed operational conditions.
Cortalis leadership
Operational governance and upstream cascade
Cortalis S.r.l. operates under the sole direction of Elio Morandin. Upstream administration is exercised via Cortalis SCSp and Cortalis GP (Luxembourg).
Elio Morandin
Sole Director,
Cortalis S.r.l.
Radouan Far
Class A · Cortalis GP,
acting for Cortalis SCSp
Matteo Cernuschi
Class B · Cortalis GP,
acting for Cortalis SCSp
Operational management
- definition of the project scope and stakeholders;
- collection of documents and organisation of the data room;
- technical, legal, tax and administrative checks by qualified professionals;
- checklist of critical issues, conditions precedent, warning signs and corrective measures;
- coordination between owners, Cortalis, professionals, banks and partners;
- traceability of activities, documents, opinions and operational decisions.
Upstream corporate structure
Cortalis S.r.l. Società Unipersonale is wholly owned by Cortalis SCSp, a Luxembourg securitisation company, administered by Cortalis GP S.à r.l.
Cortalis GP S.à r.l.
Luxembourg société à responsabilité limitée — Administrator / General Partner of Cortalis SCSp.
- Elio Morandin — Class A manager
- Radouan Far — Class A manager
- Matteo Cernuschi — Class B manager
Cortalis SCSp
Luxembourg société en commandite spéciale — securitisation company subject to the law of 22 March 2004 — CSSF supervision.
Cortalis S.r.l. Società Unipersonale
Italian società a responsabilità limitata — head office in Caprino Veronese (VR) — sole director: Elio Morandin.