The Law Decree 18/2020 published on the Official Journal of 17 March 2020 (the so-called “Cura Italia” decree) has, among other provisions, provided for some necessary derogations and simplifications relating to the convening and holding of the shareholders’ meetings for the approval of the financial statements, which concern both joint stock companies which are not listed […]
Dear All, BACCIARDI and PARTNERS, after securing the entire work environment in order to guarantee the maximum safety of its associates, employees and clients, who may need to physically access the Firm, has adopted appropriate solutions to safeguard the continuity of its services in favor of its Italian and foreign clients. We have extended the […]
The tax treatment of extraordinary remuneration paid (in cash and/or in nature) to the companies managers, in addition to the ordinary remuneration, established for the performance of their duties, frequently presents issues of not immediate solution, mostly related to the, as well varied, legal framework of such payments, which are typically subject to the fulfillment […]
Italy’s “Decreto Cura Italia” – Decree Law no. 18 of 17 March 2020 The impact on labour law – A brief overview The Italian Government issued on the Gazzetta Ufficiale (Official Journal – General Series n. 70 of 17-03-2020) the so-called “Decreto Cura Italia” concerning measures to strengthen the National Health Service and the economic […]
As the COVID-19 epidemic is expanding, in order to help enterprises to (or, however, limit the damages caused by) the consequent economic crisis, our Government fixed a six months adjournment for the entry into force of the reporting obligations set by the new Code of Company Distress and Insolvency. For bankrupt prevention purposes, Articles 14 […]
Coronavirus and international contracts: general indications and operative recommendations – Force Majeure What are the legal implications of force majeure for the obligation to perform the contracts? What must be taken into account for the assertion of force majeure? Differences between termination, suspension and renegotiation of the contract. Content: 1. Coronavirus and force majeure: […]
May the tenant apply for a rent reduction in times of coronavirus? The state authorities are ordering the suspension of most economic activities, with the hope to contain the spread of coronavirus. Nevertheless, even if companies see their revenues decline or disappear, they still have costs to cope with. Is it possible to apply for […]
A) Italy – General Shareholders’ Meetings – approval of financial statements – new terms for calling Section 106 of the Decree-Law no. 18/2020, so-called “Cura Italia” (published in the Official Gazette of the General Series no. 70 of 17 March 2020 and entered into force immediately) provides some new specific rules for shareholders’ meetings. In […]
The key question, with respect to contract law, pertains to whether the Corona-virus can be included within the definition of a “force majeure”, as Chinese authorities have claimed in their attempts to deal with numerous delays in delivery and defaults by companies operating in the Hubei region toward their business partners. In the wake of […]
The current pandemic caused by the Covid-19 virus and the strict rules dictated by the Italian Government to contain the contagion have severely limited physical contact between people and consequently made it impossible for people to gather and make it difficult to circulate in the national territory, except for proven primary needs. In order to […]
Contractual relations to the test of coronavirus Contractual relations to the test of coronavirus
The spread of Covid-19 in Italy and the consequent health emergency in the last week has had a strong impact on companies, leading to uncertainties also from a fiscal and legal point of view. In light of the measures that the Government is issuing and likely to issue in the coming weeks and in order […]