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Also: a unified European rail market – good luck with that; restrictions on freedom in Italy; and more.
NCTM has assisted the Monrif subsidiaries E.G.A. Emiliana Grandi Alberghi and Immobiliare Fiomes in entering into a preliminary agreement with the Fattal Hotels Group for the sale of Hotel Hermitage in Milan.
Masi Agricola launches on AIM market of the Italian Stock Exchange...
…in the interests of a company.
NCTM has assisted Primi sui Motori – which works in digital marketing services and search engine positioning – in the issuance of a five-year bond with a maximum nominal amount of €6.4m.
A debtor can cram down an agreement to dissenting minority lenders.
Italian mobile marketing company buys SMS outfit DigiTel.
New rules for the competitive bid process aimed at the sale of the debtor’s assets.
NCTM has advised Krause Holdings on its investment in the acquisition, by Campari, of 100 per cent of the share capital of Enrico Serafino – a winery specialised in growing grapes – for €6.1m.
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.
Expert calls regulation based on one-stop-shop an “illusion”.
Also: will Better Regulation for Better Results work?; private enforcement in antitrust; and more.
Also: second-hand containers; private areas in public ports; pilfering; and more.
Deductibility of losses on receivables and recovery of VAT when the debtor has entered into a debt restructuring agreements with creditors
According to Legislative Decree No. 175/2014, in case of defaulting transferee/ buyer, the transfer or/supplier is entitled to recover the VAT originally paid to the Treasury.
Enduring effects of an inadmissible concordato preventivo demand in the ensuing bankruptcy liquidation procedure?
The Tribunal of Reggio Emilia rejected the pleading in the proof of debt procedure of a creditor who requested its own post-concordato debt towards the then bankrupt company to be set off against its own pre-concordato receivable.
Tax exemptions for patents and IP income.
Reducing the tax burden does not necessarily constitute state aid.
NCTM has assisted Elettra Investimenti S.p.A. – an industrial holding that operates on national territory in the production of electricity and thermal power according to a distributed generation approach – on its AIM listing.
NCTM Studio Legale Associato has assisted brothers Giovanni and Michele Gervasoni in the sale of the entire share capital of Gervasoni s.p.a., a long-established Italian high-quality furnishing company.
NCTM assisted the management of Balconi on the acquisition of 100 per cent of its shares by food group Valeo Foods.