Holding shareholders' meetings during the Covid-19 emergency: the Italian response

A&O Shearman
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With the season of shareholders meetings in Italy fast approaching, we have produced a bulletin which provides an overview of several key points.

This overview includes;

• the Italian rules concerning how shareholders' meetings of joint stock companies (società per azioni or s.p.a.) and limited liability companies (società a responsabilità limitata or s.r.l.) would normally be convened and held;

• the exceptional measures adopted by the Italian Government in the context of the containment duties imposed under a number of legislative and regional measures in connection with the Covid-19 coronavirus outbreak; and

• a summary of the Q&A list produced by Assonime, the Italian association of joint stock companies, in order to address potential queries on the interpretation and practical implementation of these rules.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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