Highlights
What is the “Golden Power” in Italy?
The Golden Power is the special power of the Italian government to limit or stop (i) foreign direct investments (“FDI”) and (ii) corporate transactions involving... Read More
Italy extends its reach into intermediation service providers and search engines: What you need to know.
On January 1, 2021, in Italy, a new piece of legislation that will have an economic impact on intermediation service providers and search engines entered into force... Read More
Brexit impact on insolvency avoidance actions under Italian law
The exit of the United Kingdom from the European Union (‘Brexit’) has direct consequences on clawback actions which might be brought against UK creditors by... Read More
New EU Regulation on Cross-Border Crowdfunding Services
EU Regulation 2020/1503 on European crowdfunding service providers for business (hereinafter, the “ECSP Regulation”) was published in the Official Gazette of the European Union on... Read More
Employment Law Updates – Salary Integration, Simplification Decree, and more
Real World Questions Question 1 Q. Can we reduce the salary of our employees during the Covid-19 emergency? A. No, an employer cannot unilaterally reduce... Read More
Court of Cassation controversial decision on financial derivatives for local governments
The Italian Court of Cassation at its highest level (a decision of the United Sections) has very recently issued a significant decision (n. 8770 of... Read More
Renewable Energy
The Regional Administrative Court of Rome has submitted provisions on renewable energy incentives to the Constitutional
Court for review
Digital services tax: latest developments
The draft of the tax decree to be included in the Italian 2020 Finance Bill, approved by the Council of Ministers on 15 October 2019, provides for the enactment of the Digital Services Tax (DST).
CORPORATE
The recent implementation in Italy of the Shareholder Rights
Directive 2 – Long-term shareholder engagement and renewed
focus on sustainability and transparency of listed companies