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Editorial

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

LIBERALISATION OF THE GAS DISTRIBUTION SERVICE: AN UPHILL STRUGGLE?

The Legislative Decree No. 164/2000 (also known as “Letta Decree”) qualifies the natural-gas distribution activity as a public service. This qualification derives from the aim of natural-gas distribution to meet the needs of the community, by ensuring the equal access to the gas grid (so-called “third party access”), the continuity and the quality of the service.

After stating the public service nature of the distribution activity, Article 14 of the aforementioned Decree regulates the procedure for awarding it through mandatory public tenders launched by Local Entities. Within a gas distribution market qualified as a natural monopoly, the choice for tender procedures is directed at ensuring competition between different companies (in order to earn benefits in terms of efficiency, quality of the service and more reasonable prices for the end-consumers).

Paola Vitali new Corporate Partner for Giambrone Spain LLP

Giambrone announces appointment of Avv. Paola Vitali as a new partner within the Corporate Department of its recently launched Barcelona office. Together with her team, she will operate in our offices in Milan and Barcelona.

Barcelona and Madrid capitalise on Pink Euro resulting in a Significant Financial Impact

Although a predominantly Catholic country, Spain is regarded as one of the most LGBT-friendly nations in the world. According to the results of a poll recently conducted by the Pew Research Centre, focusing on the perception of topics such as marital affairs, gambling, homosexuality, premarital sex and divorce, Spain is the country with the highest percentage of acceptance of homosexuality in the world.

Giambrone assists Group of Investors to Recover their Funds from OptionRally Financial Services Limi

It is no surprise with such complex and confusing financial regulations throughout Europe relating to financial activities that the consumer can easily be duped into believing that an investment broker is legitimate and adequately regulated, only to find that a smoke screen has been thrown up by a fraudulent broker.

Wills must be Respected, as the Supreme Court ruling on the Challenge by Heather Ilott reminds us

The well documented case of Heather Ilott and her attempt to overturn her Mother’s will appears to have come to an end with the Supreme Court ruling that, whilst she may have be granted some money from her Mother’s estate, it is a far smaller sum than the Court of Appeal awarded.

Supreme Court finds for Solicitors' Insurer for Aggregated Claims

London 22 March 2017 - In a significant decision, the English Supreme Court today set aside a decision of the Court of Appeal and has given judgment in AIG Europe Limited v OC320301 LLP and Ors [2016] and found that the investors’ claims fell within the ‘series of related matters or transactions' definition contained in Clause 2.5 (a) (iv) of the minimum terms and conditions (MTC) laid down by the Solicitors Regulation Authority.

Moving your Business forward with a Cross-Border Merger

During the course of 2016 there were approximately 144 mergers and acquisitions (M&As) of UK businesses by foreign companies and around 104 mergers and acquisitions by UK companies of foreign businesses.  A merger or acquisition frequently provides the dominant partner with increased traction and market share in its industry sector.  It is a successful way for a business to expand its offering to its clients, break into an associate market or simply weaken the competition by the instant expansion.

Property Purchasing in Italy for Foreign Citizens: a guide to property buying and selling

Despite the fluctuations in the markets across Europe in recent years, statistics suggest that there is an increase in investment in the Italian real estate market on the part of foreign investors.  Italy has always had a powerful charm, enticing people to its shores from all over the globe.  The lure of the wonderful climate, unique history and culture, not to mention the fabulous cuisine and wines, all combine to make Italy a superb choice for a holiday or retirement property.

Class action against AlgoBanque

Giambrone's Financial Services Litigation team is now working in conjunction with the Swiss Financial Market Supervisory Authority to expose AlgoBanque which falsely claimed to have an office in Switzerland on its website.

Divorce in the English Courts for Foreign Nationals

Each year there are 24,000 divorces heard in the courts in England and Wales which involve a foreign national.  Divorce in England and Wales is often considered more favourable to women as it favours the weaker party in the divorce which is frequently the wife due to having either no income or a smaller income compared to her husband.   However, not in every case.

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