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The VAT refund secured receivable from a customer admitted to concordato preventivo can be partially satisfied if liened assets value is lower
A company filed a plan for a concordato preventivo providing that creditors would be paid out of future earnings, which the Tribunal of Lucca refused to confirm.
NCTM has represented BD Group Industries — a worldwide energy solutions provider — in the acquisition of a majority stake in Sagemis International.
NCTM has appointed three new equity partners, Sergio Fulco, Guido Martinelli and Lukas Plattner, who were all previously salary partners.
NCTM has been awarded the Law Firm of the Year — Equity Capital Markets, while Piermauro Carabellese won Professional of the Year — Transfer Pricing.
NCTM has been reorganising the leadership positions for its departments, resulting in new co-ordinators for its 12 departments, with Vittorio Noseda as the overall leader.
NCTM has assisted with the the closing of the complex restructuring of Edilmonte Roma, a company owned by the Ferro family.
NCTM has announced the internal promotion of four professionals who have excelled in their various areas of the law in the last few years.
NCTM’s latest Shipping and Transport Bulletin includes comment on the Italian law relating to the granting of financial aid to Italian stevedoring companies.
NCTM has advised Venice Holdings, a company controlled by the Rhone Capital fund and owned by the Silvestrini family, on an investment agreement with Dixons.
NCTM Studio Legale Associato has appointed Luigi Merola as of-counsel in its Milan office.
DLA Piper and NCTM are legal advisers in the acquisition of Inver Group, from the Domenichini family, by the Valspar Corporation, a manufacturer of paints and coatings.
The Italian Revenue Agency has clarified that to be excluded from the scope of ‘abuse of rights’ are the agreements relating to mid- to long-term bank financing transactions entered into abroad and designed to have legal effect in Italy.
Convention against double taxation between Italy and Hong Kong.