2020 - BECP.EU

22 12 '20

The shareholders’ agreement signed by the majority shareholder does not bind the company.

A comment on judgement No. 6438 of 8 October 2020 of the Specialised Enterprise Chamber of the Tribunal of Naples. L’efficacia e la vincolatività del patto parasociale stipulato dal socio di maggioranza di una società

15 12 '20

The put option is void if precludes the participation of the shareholder in the business risk

A comment on judgement No. 4628 of 23 July 2020 of the Specialised Enterprise Chamber of the Tribunal of Milan. Nullità dell’opzione put in violazione del divieto del patto leonino

09 12 '20

A change in the quorum for passing resolutions of an Italian joint stock company (S.p.A.) does not constitute alone good cause for withdrawal by a shareholder within the meaning of Article 2437, letter g, of the Italian Civil Code

A comment on judgement No. 13875 of 1 June 2017 of the Italian Court of Cassation. A comment on judgement No. 13875 of 1 June 2017 of the Italian Court of Cassation.

01 12 '20

Cartwright – Pescatore and Giacomo Mazzanti assisted the American company Encore Combustion for the purposes of the acquisition of a branch of the Milanese company Thermoengineering S.r.l.

Cartwright – Pescatore (Giacomo Pescatore, Alessia Casadio and Eleonora Giacometti), together with Giacomo Mazzanti, assisted Encore Combustion, a Texan full-service engineering, design, manufacturing and service focused upon providing innovative technology, unparalleled service and superior quality in the flaring and low emissions combustion arena to a wide range of industries (from those specialized in oil &…

01 12 '20

The parent company’s shareholder’s right of access to the subsidiary’s documents.

A comment on order of 19 September 2020 of the Specialised Enterprise Chamber of the Tribunal of Venice. Il diritto di accesso del socio della controllante si estende alla documentazione della controllata

24 11 '20

Excessively long statutory duration and right of withdrawal of the member

A comment on judgement No. 4186 of 14 July 2020 of the Specialised Enterprise Chamber of the Tribunal of Milan L’approdo della giurisprudenza in merito al recesso ad nutum nelle società di capitali aventi un termine di durata eccessivamente lungo

17 11 '20

The cause for the removal of the director in a corporation must be clearly stated in the shareholders’ resolution

A comment on judgement No. 21495 of 6 October 2020 of the civil section of the Italian Court of Cassation. Revoca dell’amministratore di società di capitali: la giusta causa deve essere chiaramente esplicitata nella delibera assembleare

10 11 '20

The companies which carry out activities for a group of companies which they belong to (so-called “consorzio” under Article 2602 of the Italian Civil Code) are directly liable vis-à-vis third parties for such activities

A comment on judgment of the Italian Court of Cassation No. 6569 of 9 March 2020. Le obbligazioni derivanti da attività attuative del contratto di consorzio svolte da imprese consorziate sono assunte in capo alle stesse e non al consorzio

03 11 '20

Cartwright – Pescatore and Aicardi & Partners assisted Mind S.r.l. for the purposes of TVS group’s entry into its share capital

Cartwright – Pescatore (Simon Cartwright, Giacomo Pescatore and Martín Santiváñez), in respect of the legal aspects, Aicardi&Partners (Paolo Azzolini), in respect of the tax aspects, and Marco Polo Advisor (Filippo Rozzanigo), acting as financial advisor, assisted Mind S.r.l., an Italian manufacturer of automobile parts, in the transaction whereby TVS group – one of the most…

03 11 '20

The rules concerning the so-called “asymmetrical demerger” do not apply to the so-called “full demerger”

A comment on the measure of 21 September 2020 of the Specialised Enterprise Chamber of the Tribunal of Milan. L’unanimità del consenso dei soci è prevista solo in caso di scissione asimmetrica e non è soggetta ad interpretazione estensiva o analogica