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Recent Italian insolvency law changes have important implications for guarantees

Recent amendments to the Italian Insolvency Code have been introduced by Legislative Decree no. 136 of September 13, 2024 (Decree 136). These amendments, together with certain recent Italian court decisions, have important...more

Financial regulatory news – Italy

The second issue of our newsletter focuses on some recent developments that have affected different areas of the EU and Italian regulatory framework over the last few months. ...more

IRS derivatives: the latest case law of January – March 2021 in Italy

In our publication of 16 December 2020, we gave an overview of Italian case law in 2020 on the nullity of Interest Rate Swap (IRS) contracts: the majority of the decisions published at that time declared such contracts null...more

The conflict between the views of the Italian case law on derivatives in 2020

Serious risks of invalidity, restitution effects and possible defences. Italian Courts issued numerous rulings on derivatives in the last decade: but the year 2020 has been particularly dense of judgments and could mark a...more

Italian Insolvency Law Reform

On January 10, the Council of Ministers adopted the legislative decree implementing delegated law no. 155 of 19 October 2017 (Delega al Governo per la riforma organica delle discipline della crisi di impresa dell’insolvenza),...more

1/18/2019  /  Debtors , Insolvency , Italy , Restructuring

The Italian 2018 Budget Law Provides Sets Stage for Banks to issue Senior Non Preferred Notes

Earlier today, the Italian Parliament approved the Italian Budget Law for the year 2018 (the 2018 Budget Law), which provides, inter alia, for amendments to Italian Legislative Decree no. 385 of 1 September 1993 (the Italian...more

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