ArticleThe Use Of Generative AI In Corporate Governance And Deal AdvisoryIn today's fast-evolving corporate landscape, technological innovation is reshaping how deals are governed. Among the most transformative tools is Generative Artificial Intelligence...ItalyTechnologyWithers LLP
ArticleWhen AI Meets Children: Italy’s Garante Fines Character.AI Over Transparency And Safeguarding FailuresThe Italian Data Protection Authority has issued a landmark decision against Character Technologies, Inc., examining how generative AI services must comply with GDPR requirements when processing personal data for model training and operation. The case establishes critical precedents for transparency obligations, age verification mechanisms, and the timing of data protection impact assessments for AI developers operating in the European Union. European UnionPrivacyGVZH Advocates
ArticleOVHCloud And The Hosting ContractDuring the night of March 10th, 2021, a fire damaged the data centre of OVHCloud, one of the largest cloud providers in the world. The company owns 17 data centres with a total of 250,000 servers...GlobalPrivacyMarazzi & Associati
ArticleCoronavirus: considerazioni e impatti sulla disclosure degli emittenti.With reference to disclosure obligations, several financial authorities have issued certain guidelines concerning the disclosure of coronavirus-related information.ItalyCorporate/Commercial LawCleary Gottlieb Steen & Hamilton LLP
ArticleThe Health Emergency: An Unforeseeable Event That Brings To The Poissiblity Not Only To Terminate Contracts That Have Become Excessively Onerous But Also To Renegotiate Contractual ProvisionsThe health emergency that hit the whole Country already arose questions about the possibility of renegotiating contracts.ItalyCorporate/Commercial LawLCA Studio Legale
ArticleThe Quota-Holder Of A Limited Liability Company ("S.R.L.") Can Effectively Exercise Its Right Of Option On The Capital Increase By Offsetting The Relevant DebtThe Business Division of the Court of Rome, addressing – from what we can gather, for the first time – a topic little explored also among the Scholars, recently excluded that the quota-holder...ItalyCorporate/Commercial LawADVANT Nctm
ArticleMore Stringent Suitability Requirements For Italian Intermediaries' Corporate OfficersBy means of Legislative Decree no. 72 of 12 May 2015, Italy implemented Directive 2013/36/EU, which reformed, inter alia, banks' and investment firms' corporate officers "fit and proper" criteria for better governance purposes.ItalyFinance and BankingCarotenuto Studio Legale
ArticleTracking Pixels In Emails: The Garante’s New Guidelines And Requirements For BusinessesThe Italian Data Protection Authority has issued comprehensive guidelines on tracking pixels in email communications, establishing strict transparency and consent requirements for both public and private entities. Organizations now face a six-month compliance deadline to overhaul their email marketing practices, update privacy notices, and implement granular consent mechanisms for these invisible tracking tools.ItalyPrivacyA&O Shearman
ArticleRelease Of Carried Forward Profits In Low Taxation Countries – Further ProvisionsParagraphs 87-95 of article 1 of the Law 197/2022 (so-called Budget Law 2023) provided an optional tax incentive to promote the repatriation of carried forward profits by holdings based in low taxation countries.ItalyTaxIPG Lex&Tax
ArticleQuando L'imprenditore Può Tornare Al Comando: Il Recesso Dal Patto Di FamigliaIl patto di famiglia, introdotto dal legislatore nel 2006 agli articoli 768-bis e ss. del codice civile, costituisce un valido strumento per la trasmissione familiare di partecipazioni sociali...ItalyCorporate/Commercial LawStudio Legale Withers
ArticleLegal Persons May Be Company Directors?Italian law does not grant legal persons with the right of to be appointed as company directors. ItalyCorporate/Commercial LawPortolano Cavallo
ArticleCTS Eventim – Ticketone Abuse Of Dominance In Italy: The Show Must Go On!In the CdS's judgment, the ICA must satisfy the court of the existence of an exclusionary purpose linking together the conducts in question. ItalyAntitrust/Competition LawBird & Bird
ArticleItalian Council Of State Partially Dismisses Bid-rigging Fines, Setting Relevant Legal Principles In Cartel InvestigationsIn 2014, a public tender for the provision of management facility services across public offices in the country was launched. ItalyAntitrust/Competition LawBird & Bird
ArticleAdequate Governance Structures According To The New Italian Corporate Crisis And Insolvency CodeThe innovations introduced by the Corporate Crisis and Insolvency Code (Legislative Decree no. 14 of 12 January 2019) concern the organizational, administrative and accounting company's...ItalyCorporate/Commercial LawLCA Studio Legale
ArticleBrief Overview On The New Italian Crowdfunding RegulationCrowdfunding is an innovative instrument to finance projects by using on-line portals as an alternative to traditional forms of financing.ItalyCorporate/Commercial LawPortolano Cavallo
ArticleItaly Passes New Capital Markets Rules – Considerations For International InvestorsOn Feb. 27, 2024, the Italian Parliament passed new capital markets rules, aimed at supporting the competitiveness of capital markets and delegating the government to carry out a systematic reform of capital market legislation. ItalyCorporate/Commercial LawGreenberg Traurig
ArticleNew Equity Disclosure Rules For Italian Listed CompaniesOn November 25, 2015 and on May 30, 2016, the Italian securities market regulator, Commissione Nazionale per le Società e la Borsa, announced certain amendments to CONSOB Regulation No. 11971 of May 14, 1999.ItalyCorporate/Commercial LawJones Day
ArticleRequirements For Doing Business In ItalyHow do you establish a company in Italy? Pay staff and taxes? Register property? Read on to find out. ItalyCorporate/Commercial LawTMF Group BV