2021 - BECP.EU

14 12 '21

The unsatisfied company creditors must prove that the liquidator has violated the principle of par condicio creditorum

A comment on judgement No. 29548 of 22 October 2021 of the civil section of the Italian Court of Cassation. Responsabilità del liquidatore ai sensi dell’art. 2495 c.c.: spetta al creditore sociale provare la violazione della par condicio creditorum (eclegal.it)

07 12 '21

The requirements of ‘interest’ and ‘profit’ are logically consistent with negligence for the purposes of criminal liability of a legal entity under Italian Legislative Decree No. 231 of 2001

A comment on judgment No. 3157 of 27 January 2020 of the Criminal Section of the Italian Court of Cassation. La condotta colposa è perfettamente compatibile con i concetti di ‘interesse’ o ‘vantaggio’ ai fini della responsabilità di un ente ai sensi del D.lgs. 231/2001 (eclegal.it)

23 11 '21

Alumni and inspirational careers: learn by doing

Next 26 November, the event “Alumni and inspirational careers: learn by doing”, organised by the Department of Legal Sciences of the University of Bologna and part of the Insurance and Financial Law course of Prof. Paola Manes, will take place. This event will be an opportunity to bring some brilliant Alumni back to the university…

23 11 '21

Annulment for mistake of a contract of assignment of shares in a limited liability company.

A comment on judgement No. 6845 of 2 November 2020 of the Specialised Enterprise Chamber of the Tribunal of Milan. Le garanzie sulla consistenza patrimoniale di una società nel contratto di cessione di partecipazioni sociali (eclegal.it)

16 11 '21

Partnerships: only the company is obliged to distribute profits (and not also the directors)

A comment on judgement No. 32666 of 9 November 2021 of the civil section of the Italian Court of Cassation. Società in accomandita per azioni: l’obbligo di distribuzione degli utili spetta unicamente alla società e non anche agli amministratori (eclegal.it)

09 11 '21

A shareholders’ agreement which could influence directors’ votes in an Italian joint stock company’s board of directors (so-called sindacato di gestione) may not be valid under Italian law. Directors who are party to such agreement may also be dismissed pursuant to Article 2383 of the Italian Civil Code

A comment on judgment No. 8221 of 24 May 2012 of the Italian Court of Cassation. L’adesione ad un c.d. ‘sindacato di gestione’ può costituire giusta causa di revoca di un amministratore di una S.p.A. (eclegal.it)

02 11 '21

Put and call options, that do not affect the causa societatis contained in a shareholders’ agreement, do not infringe the prohibition of a leonine convention under Article 2265 of the Italian Civil Code.

A comment on Order No. 27227 of 7 October 2021 of the First Civil Chamber of the Court of Cassation. Le opzioni put e call contenute in un patto parasociale non contravvengono al divieto di patto leonino ex art. 2265 cod. civ. se non modificano la causa societatis (eclegal.it)

20 10 '21

The bankrupt does not lose the position as director of a limited liability company pursuant to Article 2382 of the Italian Civil Code.

A comment on judgement No. 25050 of 16 September 2021 of the civil section of the Italian Court of Cassation. L’amministrare di una S.r.l. dichiarato fallito non decade dall’incarico ai sensi dell’art. 2382 c.c. (eclegal.it)

12 10 '21

A resolution to increase the share capital (if taken to the detriment of a minority shareholder) may immediately produce damages

A comment on decision No. 18770 of 2 July 2021 of the Italian Court of Cassation. Abuso di maggioranza: il danno si realizza al momento della delibera (eclegal.it)

05 10 '21

There is no donation if the contribution in the family limited partnership is liquidated with shares.

A comment on Order No. 26229 of 29 September 2021 of the Civil Chamber VI-2 of the Court of Cassation. Nessuna liberalità se la partecipazione nella società in accomandita semplice di famiglia ceduta al figlio ha lo stesso valore dell’incremento dell’azienda derivante dal suo apporto – Euroconference Legal (eclegal.it)