- Firms & the Bar
- Lawyer 2B
It’s been a difficult few years for many Italian firms, but as this year’s shortlist for The Lawyer European awards demonstrates, they’ve risen to the challenge
Italian M&A activity has hit a rough patch, forcing law firms to look for alternative sources of revenue
Freshfields Bruckhaus Deringer, Linklaters, Macfarlanes and Italian firm Pedersoli have scooped top roles on Pearson’s £469m sale of a stake in the Economist Group, less than a month after the publisher sold the Financial Times.
Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have advised CK Hutchison Holdings and VimpelCom in their €21.8bn (£15.4bn) agreement to form one of Italy’s largest telecommunications companies.
Simmons & Simmons is set to close its office in Rome and move all of its Italian operations to its office in Milan.
The available remedies.
…but the road to completion will be long
Lawmakers have introduced further measures in order to stimulate new loans after the pre-filing for concordato preventivo or for a debt restructuring agreement.
Creditors now being allowed to make competing concordato proposals means that the exclusive powers of the debtor are restricted.
Lawmakers made a few changes to the concordato rules with the foreseeable result of restricting significantly the access by debtors to the procedure.
…in the interests of a company.
A debtor can cram down an agreement to dissenting minority lenders.
New rules for the competitive bid process aimed at the sale of the debtor’s assets.
The Court of Appeal has delivered its long-awaited judgment in the Actavis v Eli Lillydispute, ruling that Actavis is not entitled to a declaration of noninfringement (DNI) of Eli Lilly’s European patent.
Italy, as many other countries in the western world, is facing a deep economic and financial crisis, which has affected the loan market and the ability of businesses to obtain bank financing.
One year ago, a new proposed law on Smart Work in Italy – with the aim of promoting more flexible and simplified forms of teleworking – was presented to the Italian Chamber of Deputies.
NCTM, one of the leading independent law firms in Italy, was created in 2000 from the merger of Negri-Clementi and Montironi & Soci and Toffoletto & Associati, and has offices in Milan, Rome and Verona. The firm has more than 250 professionals, including 48 equity partners and has the resource and expertise to handle large and complex matters both in Italy and internationally... Read more