November 2021 - BECP.EU

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)