22.04.2020

ART | During the Exhibition the Gallery Will Be Closed. Distance selling must be in written form: the rules for gallerists

1. The Health Emergency and the Art Market: new business models for galleries The extraordinary COVID-19 epidemiological emergency situation is inevitably affecting in a significant way the art market…

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20.04.2020

FRANCE | ECONOMIC LAW | Competition Law: Adaptation of the time limits and procedures of the Autorité de la concurrence in times of health emergency

Ordinance No. 2020-306 of 25 March 2020 relating to the extension of expired deadlines during the health emergency period and the adaptation of procedures during this same period (Ordinance) enabled…

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20.04.2020

FRANCE | CORPORATE M&A | The legal consequences of COVID-19 on M&A transactions Analysis and practical considerations

What legal consequences will COVID-19 have on ongoing and future M&A transactions? How to address the current situation in our agreements? 1. COVID-19 and M&A process • Prior to signing: prior to…

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20.04.2020

FRANCE | PUBLIC LAW | Order No. 2020-319 of 26 March 2020 relating to the measures applicable to public procurement contracts during the COVID-19 health crisis

The Order No. 2020-319 which provides details on the measures applicable to public procurement contracts during the COVID-19 health crisis, was published on 26 March 2020. Three comments stand out from…

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17.04.2020

FRANCE | PUBLIC LAW | Extension of time limits and adaptation of procedures during the health emergency period – Focus on town planning

Order No. 2020-306 of 25 March 2020 relating to the extension of the time limits expired during the period of health emergency and to the adaptation of procedures clarified the derogating rules…

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16.04.2020

CORPORATE & COMMERCIAL | Coronavirus emergency: permitted and suspended business activities

[IMPORTANT NOTE: This document is updated as at 28 April 2020 at 3:00 p.m., given that the state of emergency and the related regulatory framework are constantly evolving on a daily basis, the contents of…

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16.04.2020

CAPITAL MARKETS | New amendments to Article 120, TUF and new enhanced transparency requirements for major shareholding variations and declarations of intent

In order to limit the negative effects that the COVID-19 epidemiological emergency is producing on the Italian economy, on 8 April 2020 Decree-Law No. 23/2020 was published in the Official Gazette of the…

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15.04.2020

GERMANY | FINANCE, RESTRUCTURING & INSOLVENCY | Overview of all support measures of the federal government and each individual federal state

This article provides an overview of existing and planned federal and state financial support measures. The article also contains direct links to the relevant authorities and banks and is updated…

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14.04.2020

ART | During the exhibition the Gallery will be closed: the Nctm ArTeam at service of artists and gallerists.

[IMPORTANT NOTE: This document aims to provide a first simple illustrative guide to the recent regulatory changes, not providing a legal opinion. It is updated on 6 April 2020 at 5 pm. Considering that the…

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14.04.2020

CAPITAL MARKETS | COVID-19: Consob issues operational guidelines to the market with regard to financial information, prospectuses and audits

On 9 April 2020, by warning notice No. 6/2020 (“Notice”), Consob provided the market with some operational guidelines on financial information to be provided in periodic reporting documents and…

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14.04.2020

CAPITAL MARKETS | COVID-19: Consob issues operational guidelines to the market on how to conduct shareholders' meetings

On 10 April 2020, by communication No. 3/2020 (“Communication”), Consob provided the market with some operational guidelines on how to conduct ordinary and extraordinary shareholders' meetings. The…

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10.04.2020

RESTRUCTURING & TURNAROUND | Law Decree No. 23/2020 – emergency provisions in insolvency

Law Decree No. 23 of 8 April 2020 (the "Decree") sets some emergency provisions regarding insolvency procedures, among others. In a nutshell, these concern: 1. entry into force of the new Insolvency…

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