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…

As of January 1, 2017, any new petition before the Administrative Courts shall be filed through electronic means as stated by Law Decree no. 168/2016. During a transitional period, which will end on December 31, 2017, the parties shall also submit a paper-copy of their briefs. The proceedings started before January 1, 2017, will remain…

On December 29, 2016, the National Anti-Corruption Authority (“ANAC”), the Special Commissioner appointed by the Government and Italian Agency for Development (“Invitalia”) signed a memorandum of understanding concerning the surveillance on the procedures related to the reconstruction of the areas in the central regions of Italy affected by the earthquake in 2016. See link below: http://www.anticorruzione.it/…

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 –…

The 2016 edition of the Digest on the United Nations Convention on Contracts for the International Sale of Goods (CISG) has been published by the United Nations Commission on International Trade Law (UNCITRAL). As for past editions, this new Digest is now available for free on the UNCITRAL website The Digest, a compilation of world-wide…

Alfredo Lucente, Founding Partner at Lucente International Lawyers, has been acting as International Legal Expert for the European Bank for Reconstruction and Development (EBRD) on a project related to the “Regulatory Gap Analysis for SEMed Private Renewable Energy Framework” awarded to the group of firms led by AF-Mercados. The analysis aimed at enhancing private investments…

Alfredo Lucente is project team leader for UNECE – United Nations Economic Commission for Europe in developing PPP Standard Terms for Roads, which will be offered to governments worldwide (see www2.unece.org). Alfredo Lucente is an expert of all the main fields of law peculiar to the infrastructure, transportation, energy, oil&gas and petrochemical industry internationally. His…

The case relate to the termination of the Messina Bridge Project is now called before the Supreme Court to resolve on jurisdiction. The Messina Bridge Project is about the longest suspension bridge in the world. The Project almost reached starting of construction in 2012 when the Monti headed government abruptly terminate it by law through…

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