Grieco e Associati

Follow

Shareholders' agreements - courts clarify rules for listed and non-listed companies

March 18 2019 Italian company law contains specific provisions for shareholders' agreements relating to listed or non-listed companies. Two recent court decisions…

New rules for limited liability companies

April 8 2019 The rules concerning the corporate governance of limited liability companies were recently amended. The changes are twofold: some directly affect the…

Supreme Court of Cassation rules on shareholder loans and capital contributions

April 20 2020 The Supreme Court of Cassation recently clarified the distinction between shareholder financing and shareholder capital contributions, with the former…

Supreme Court of Cassation decision on activities of controlling entities

October 21 2019 Article 2497 of the Civil Code sets out that companies which provide direction to coordinate their subsidiaries are directly liable to the…

Rome Court of Appeal rules on Russian roulette clause

November 30 2020 The Rome Court of Appeal recently ruled on a Russian roulette clause included in a shareholders' agreement which had been entered into on a 50:50…

Milan Tribunal rules on companies' business continuity and directors' removal for alleged management irregularities

March 8 2021 In 2019 the Milan Tribunal ruled in a case concerning the removal of directors for alleged management irregularities. The tribunal highlighted some…

Capital loss coverage postponed until 2025

January 18 2021 Pursuant to Paragraph 266 of the new Budget Law 2021, several duties relating to the mandatory coverage of company losses borne in 2020 have been…

Corporate and commercial: trends and issues - Italy

December 7 2020 The COVID-19 pandemic has had a significant impact on the Italian corporate and commercial world. As part of its response, the government suspended…

Rome Court of Appeal rules on Russian roulette clause

November 30 2020 The Rome Court of Appeal recently ruled on a Russian roulette clause included in a shareholders' agreement which had been entered into on a 50:50…

Supreme Court of Cassation rules on directors' revocation and spoil system

October 19 2020 The Supreme Court of Cassation recently ruled on the revocation of the board chair of a listed company controlled by a public entity shareholder. The…