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Charges, Mortgages, Indemnities
European Union
Nctm Studio Legale
We will examine Regulation (EU) 2017/352 analyzing the recitals that reveal the general principles on financial transparency and port infrastructure charges[1].
Nctm Studio Legale
Interest and criticism have arisen from among legal commentators and courts in relation to article 577 of the Italian Navigation Code, due to its poor wording: "The rights arising from the grant
Mora & Associati – Studio Legale
Il Performance Bond è una garanzia con cui l'Acquirente o il Committente si garantiscono per il rischio di inadempimento della controparte (il Fornitore o l'Appaltatore).
CBA Studio Legale e Tributario
The purpose of this Newsletter is to (i) provide a brief overview on the concept of "finanziamento fondiario" (being a peculiar type of real estate mortgage loan under Italian law); and ...
CBA Studio Legale e Tributario
Before 2012, there was quite limited case law in respect of consequences triggered by breach of the Limit.
Boccadutri International Law Firm
Italy provides an attractive prospect for investors from abroad. According to estimations made by "Scenari immobiliari", 8 percent of residential commerce in Italy is carried out by foreigners citizens.
Giambrone & Partners
Buying or selling a property in Italy is one of the most significant moments in the life of a person, whether it is an investment or, especially, if the property is intended as the family home.
Shearman & Sterling LLP
Law Decree No. 59 of 3 May 2016 introduced a new and long-awaited security instrument in the Italian legal framework: a floating charge over movable assets.
Shearman & Sterling LLP
Law Decree No. 59 dated 3 May 2016 introduced a new security instrument for real estate financings which entails secured creditors to satisfy their claims against the mortgaged assets...
Jones Day
During the last two years, the Italian government has focused on reforming the Italian lending market, with the aim of boosting access to financing for Italian businesses and improving bankruptcy and enforcement proceedings in Italy.
Il decreto legge n. 18 del 14 febbraio 2016 (il "Decreto"), pubblicato in Gazzetta Ufficiale n. 37 del 15 febbraio 2016 e in vigore dal 19 febbraio 2016, come noto, ha introdotto...
Withers LLP
L'EBA (European Banking Authority) ha posto in pubblica consultazione le linee guida per il trattamento dei debitori ipotecari in default e le azioni esecutive verso gli stessi (arrears and foreclosure) ai sensi della Direttiva sul Credito Ipotecario (Mortgage Credit Directive o MCD).
LS LexJus Sinacta
Le coperture assicurative corpi e property nel mercato italiano presentano una fattispecie che ricorre con particolare frequenza e che spesso determina contenziosi.
Giambrone & Partners
In un periodo come quello attuale in cui ottenere un mutuo è sempre più un miraggio a causa della morsa creditizia delle banche, inizia a farsi strada un tipo di finanziamento, il leasing immobiliare, fino ad oggi poco conosciuto ed utilizzato in Italia.
Jones Day
Italy has not yet implemented the Directive on Takeover Bids (Directive 2004/25/EC, the "Directive") in its internal legal system. However, Italian tender offer rules currently in force, as set forth in Legislative Decree no. 58 of February 24, 1998, and CONSOB Regulation no. 11971 of May 14, 1999, already provide for many of the concepts set forth in the Directive, since the Italian legislation, when enacted, was based on a previous draft of the Directive.
Portolano Cavallo Studio Legale
Article 23(1) EU Directive 2006/68/EC (of September 6, 2006) enables EU member States to implement new provisions on financial assistance. Each EU member State has an option whether to maintain the existing general ban on financial assistance or to introduce the new EU rules.
Studio Legale Bernascone & Soci
Recently Italian Company Law has been substantially modified by Legislative Decree no. 6/2003, which entered into force on January 1, 2004. This article focuses on the changes made by this legislation ("Reform") to the rules governing the management and representation powers of directors of limited stock companies.
McDermott Will & Emery Carnelutti
One of the most delicate aspects in real estate financing transactions is the security connected to the loan. The main problems faced by businesspeople and advisors not familiar with the Italian real estate market are related to the procedures and timing requested for the enforcement of the security. Such enforcement has to precede the drawdown of the loan in 90 percent of all cases.
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