Italy’s Liquidity Decree Extends Foreign Investment Regulation in Response to COVID-19

The Italian government extends its Golden Power to veto or impose conditions on corporate transactions involving foreign investment.

On April 8, 2020, the Italian Government issued Law Decree 23/2020 providing a contingency package of extraordinary measures to safeguard and strengthen the national economy and support Italian companies during the COVID-19 emergency (the Liquidity Decree).

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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