The war in Ukraine and the sanctions to Russia imply a modification in the economic consequences and juridical relationships between companies, especially regarding the possibility to perform the contractual obligations as per any contracts already stipulated. This situation falls under the category of hardship clauses as a largely unforeseen event. Adverse events can be causedRead more

The general rule to our understanding of corporate double taxation and capital income is: Dividends due to the foreign company are paid to the company and may be additionally taxed in Italy on the tax on capital paid abroad.  Dividends of natural persons would be paid to the current accounts of natural persons resident inRead more

The obligation to appoint the statutory auditor for Srl as decided by Legislative Decree no. 14/2019, underlies the philosophy behind the new code of the corporate crisis. The appointment of the statutory auditor provided for in the New Corporate Crisis Code for debt and insolvency management was designed to: Assist the company by offering itRead more

Corporate debtor insolvency code in Italy – Here are all the news The new Corporate debtor insolvency code in Italy has been approved. The Council of Ministers approved it on 19 January 2019, completing the procedure of the delegated law 155/2017. However, from the time of publication in the Official Journal 18 months will passRead more

The reform of Italian bankruptcy law has become law. What the lawyer Domenico Damiani says D. Which are the most important news organic revision of the whole Italian bankruptcy law? R. In the systematic reform of the legal framework concerning companies in distress and of the Bankruptcy Law regime, the company plays a central role inRead more

New procedure italian bankruptcy debt collection The new law on bankruptcy in Italy aims to prevent companies from becoming insolvent. Before reaching the point of an irreversible corporate crisis, the new law provides for out-of-court instruments to facilitate mediation between debtors and creditors and to manage debt insolvency. Read more

Recovering debts Greece Rehabilitation procedure If you have to recover a claim in Greece, you need to realise that the procedure is not simple and is different from that in Italy or other EU countries. Greece has introduced a new procedure for the recovery of claims called “rehabilitation procedure”. It is an out-of-court procedure thatRead more

Collect debts Provisional and executive payment decrees are powerful instruments for creditors who want to collect their debts. Under given conditions, payment decree is an injunction of payment valid as enforceable title. However, sometimes it is not sufficient to enable creditors to apply for bankruptcy procedures. Collect debts Advice by Law firm Rome.Read more