Why is it important The Economic Partnership Agreement (EPA) between the EU and Japan entered into force on 1 February 2019. Businesses across Europe can now avail themselves of the opportunities offered by the largest open trade zone in the world, home to 635 million people and almost a third of the world’s Gross Domestic…
March 21, 2018 will be the effective date of the regulations on Condhotels recently issued by Italian government (through Decree dated January 22, 2018). Such regulations are aimed at enhancing (i) investments for redeveloping and upgrading existing hotel businesses, and/or (ii) up-to-date tourism products and services. Condhotels will combine hotel and private residential use and…
On 16 November 2017, the Joint Sections of the Italian Supreme Court issued a highly anticipated judgment on the application of the Art. 342 od the Italian Code of Civil Procedure, as amended by Legislative Decree dated 22 June 2012 n. 83 (“Article 342”), concerning the form of the Appeal brief. Indeed, the new text…
On October 5, the Court of Justice of the European Union issued Judgment No. C-567/15 which further rules on the requirements of public equivalent bodies under EU law. The Court stated that a company fully owned by a contracting authority, whose business is essential to allow its parent company to pursue the public interest, must…
On May 16, 2017 the Court of Justice of the European Union issued an important legal Opinion (Opinion no. 2/15) on the competence of the European Union to sign and conclude alone the Free Trade Agreement with Singapore (“FTAS”). By assuming that FTAS is a mixed agreement, the Court of Justice concluded that all EU’s…
The possibility to issue shares carrying more than one vote has been introduced in Italy with the purpose to facilitate new equity investments into Italian (joint-stock) companies without jeopardizing the interest of the owners to maintain the control over their companies. Article 2351 of the Italian civil code allows, in fact, joint-stock companies to issue…
The decision-taken on December 13, 2016 by 193 members of the UN General Assembly during its on-going 71st session in New York is the first time that a business organization has been admitted as an Observer at the UN General Assembly. Our lawyers are always updated on any initiative of International Chamber of Commerce –…
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