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No amendment to plan can now be made by debtor after voting.
The available remedies.
Other party to contract must always be heard on petition filed by the debtor, and other changes.
Also: a unified European rail market – good luck with that; restrictions on freedom in Italy; and more.
…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.
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”.
Access to evidence in stand-alone antitrust damages actions: a landmark decision of the Italian Supreme Court
On 4 June 2015, the Italian Supreme Court handed down a landmark decision in relation to taking of evidence in stand alone antitrust damages actions (case Comi & Ors v Cargest).
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.
The Tribunal of Milan allowed a concordato preventivo proposal to be amended, providing that additional resources for the creditors could be made available through a lien on real estate property belonging to a shareholder of the company.
The Court of Turin laid down an interesting ruling on the protection of the variety of forms of expression and creative contributions that may be related to the creation of commercial ads.
A decision of the ECJ regards the possibility of issuing a second valid supplementary protection certificate (SPC) concerning a further combination of two active ingredients.
The Italian Data Protection Authority has started, along with other 28 privacy authorities around the world, a ‘sweep investigation’ on the online privacy of children.
The Italian Data Protection Authority adopted the General Resolution, which states the modalities to be used by website managers.
Whoever works on the internet must provide the users with clear and complete information, and require and obtain the data subjects’ consent.