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Huawei, ZTE and a patent declared essential by telecoms institute.
Italian firms, not content with just servicing their homegrown clients, have decided to stake out new territory in China, London and New York.
Deal will trigger new market access for Europe’s hi-tech companies.
…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.
No amendment to plan can now be made by debtor after voting.
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.
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”.