Italian Chambers of Commerce to provide Italian companies Force Majeure Certificates for the outbreak of the Covid-19 pandemic. While this may not prove to be fully satisfactory depending on the regulatory and contractual framework of the relevant tranaction, it constitute an official affidavit effectively supporting the burden of proof of the Italian exporter.   https://www.rm.camcom.it/archivio61_avvisi-in-bacheca_0_506.html hashtag#forcemajeure…

Italian Government expected to issue the Protect-Italian-Economy Bill shortly Bundesrat passed the “Corona-Krisenpaket” on 27 March 2020, 2 days after approval by Bundestag. A large-scale economic stabilization fund (Wirtschafts Stabilisierungsfonds) of up to 600 billion euros has been launched. The German Government will be allowed to also invest directly in companies for a limited period…

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…

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