18.03.2021

NRRP and funds for the renewal of the Italian ferry fleet: why State aid is possibile

In January, the Council of Ministers approved the latest draft of the “National Recovery and Resilience Plan” (“NRRP”). A draft that, especially in the light of the latest news on the political front, may…

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18.03.2021

Does the extension of concessions provided for by the so-called "Relaunch Decree" also apply to the extension of business and investment plans?

As is well known, our government has taken specific measures to deal with the drop in traffic in Italian ports caused by the pandemic and the serious economic consequences for maritime operators. These…

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10.03.2021

Female Lawyers in charge

Mag has made a first census of the female professionals that have managerial roles in the main active legal organizations in Italy. For Nctm we find Alessandra Donati, Roberta Guaineri, Lorena Possagno…

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09.03.2021

The provisions for adaptation of the Consolidated Finance Law to the Prospectus Regulation and public offerings of securities

Preamble With Legislative Decree No. 17 of 3 February 2021, issued by virtue of Article 9 of the 2018 European delegation law (Law No. 117 of 2019), the Italian legislator amended domestic regulations…

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02.03.2021

Judgment No. 28972 of the Supreme Court en banc of 15 September 2020 - filed on 17 December 2020

The nature of exclusive use in condominium – no "in rem right of exclusive use" The Supreme Court en banc[1] ruled on the nature of exclusive use in condominium and, namely, on the possibility of…

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12.02.2021

Legislative Decree No 187/2020 entered into force: significant amendments to the Private Insurance Code concerning insurance distribution

On 9 February 2021, Legislative Decree No. 187 of 30 December 2020 (the "Decree") entered into force. The Decree, adopted to integrate the provisions implementing Directive (EU) 2016/97 (the "IDD"),…

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11.02.2021

State aid and competition | Extension of the Temporary Framework for aid measures to support the economy

Preamble On 28 January 2021, the European Commission extended the Temporary Framework for State aid measures to support the economy in the current emergency of COVID-19” (the “Temporary Framework”)…

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08.02.2021

Amazon, Google, but not only them. 2021 Budget Law obligations for providers of online brokerage services and search engines

Amazon, Google, but not only them. The increasingly frequent use by businesses of digital service providers (given the advantages – in terms of expanding business opportunities – that they can achieve)…

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08.02.2021

Recent amendments to the Italian Securitisation Law

Introduction This alert analyses the amendments made to Italian law no. 130 of 30 April 1999 on receivables securitisation (“Law 130”) by article 1, paragraphs 214 and 215 of Italian law no. 178 of 30…

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04.02.2021

Nctm is "Law Firm of the year - Practice M&A Small Cap"

Nctm Studio Legale has been honored as "Law Firm of the year - Practice M&A Small Cap ” at “The Lawyer European Awards 2020”.

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03.02.2021

Calendar provisioning: discussion points on management of non-performing exposures given the impact of the Covid-19 pandemic

From Dirittobancario.it   Table of Contents: 1. Introduction; 2. The regulatory framework; 3. The regulation of calendar provisioning; 4. The impact of the Covid-19 pandemic; 5. The potential effects…

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01.02.2021

The Mergers & Acquisitions Review – Fourteenth edition

I. Overview of M&A activity In 2019 there was a record number of completed M&A transactions in Italy (1,085 compared to 991 in 2018), 'celebrating a decade of uninterrupted growth in volumes'. [1] The…

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