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Blockchain and Smart Contracts: Italy First to Recognize an Overarching Legal Foundation

The Situation: After joining the Blockchain Partnership and setting up a task force dedicated to digital innovation, Italy enacted a set of rules establishing an overarching legal foundation for the validity and...more

Italy: New Rules on Financial Leases Provide Clarity

Law no. 124 of August 4, 2017 ("Law 124") provides important new rules on financial leases in Italy. It introduces a statutory definition of "financial lease" and deals with the event of serious breach (grave inadempimento)...more

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