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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”.
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.
Can a debtor subject to a concordato preventivo pre-filing regime be authorised to sell some of its assets?
The ECJ has held a secondary insolvency proceeding in the member state where the debtor has its registered office may be opened at the request of creditors entitled under the law of that state.
Italian hotel chain told to repay profilts after losing dispute over the letter W...
Clarification on promotional offers, the ‘loyalisation’ of consumers and spam matters in Italy.
Across the EUniverse, issue 1: e-books VAT battle; freedom of personal data; shareholders’ rights revisited; and more
Legal implications of the latest moves in Brussels.
Geographical Indications have caused EU/US conflict for years but can agreement be found in the Transatlantic Trade and Investment Partnership? This paper suggests the solution must be rooted in IP law.
If documents contain sensitive data access is allowed only if strictly necessary, and in some cases to disclose information on health status or sex life.
Users’ personal data can be kept for a maximum of six months and cannot be used for other purposes, such as marketing.
Council of Europe recommends that employers should avoid interference with employees’ right to privacy, this being applicable to information technology devices.
Better payouts to all creditors.
Shipping and Transport Bulletin, April: are sanctions against Russia legal?; cancelling shipbuilding contracts; and more
The latest news and regulations affecting the shipping and transport industries.