Since 2012, Italy has implemented a Start-up law in order to encourage the creation and development of innovative start-ups. The Start-up policy is designed to promote technological development, employment, and entrepreneurial culture in Italy by issuing...

Contents and structure of the Horizon 2020 program The new Horizon 2020 program is a financial instrument created by the European Union for funding research and innovation, to ensure Europe's competitiveness. The new program will be valid from 1st...

The Italian government’s enactment of Decree No. 132/2014 is envisaged to address significant shortcomings in the Italian civil judicial system. On 6 November 2014, the Italian government granted its final approval to Decree Law No. 132/2014. The...

As an international law firm with three offices in Italy (Milan, Rome and Palermo) Giambrone is exceptionally well placed to offer specialist assistance to payment service providers ( PSPs ) from any one of the 27 EU counties wishing to establish branches...

Financial service giant JPMorgan Chase & Co. has reached a $100 million settlement to resolve a U.S. antitrust lawsuit that sought damages for the alleged rigging of foreign currency markets, in which investors accused 12 major banks of rigging...

Under Italian law, where the claimant/plaintiff cannot provide evidence of facts relating to the exercising of his rights, the application is dismissed, irrespective of whether the defendant offers a defence and evidence in support thereof. The rules...

After almost three years’ negotiations over untaxed Italian assets in Swiss banks, Switzerland and Italy have reached an agreement in principle on future cooperation in tax matters. The agreement between Switzerland and Italy was initialled on 19...

After the Swiss National Bank dropped the bombshell on the markets last Thursday morning, we have been contacted by several traders from all over the world in relation to the trade losses caused by an alleged lack of liquidity in the primary and...

There are two main types of incorporated entities in Italy: Società per Azioni (‘SPA’), a company limited by shares, and Società a Responsabilità Limitata (‘ SRL’ ), a company limited by...

A new European directive (“ the EU Antitrust Damages Directive ”) designed to help individuals and companies claim damages if they become victims of infringements of EU antitrust rules has been formally adopted...

Mediation: unreasonable refusal to mediate will not automatically lead to an adverse costs order (United Kingdom, High Court of Justice) In Northrop Grumman Mission Systems Europe Limited v. BAE Systems , the English High Court confirmed the English...

In the last 20 years, many UK and Irish nationals have “run for the sun” and bought foreign real property in places as diverse as Italy, Spain, Bulgaria, Turkey, Cape Verde and France and owning an overseas holiday home in a sunny location or...

Trusts are still alien to the Italian legal system as they are essentially based on concepts in contrast with the Italian general principles on ownership.  As the Italian legal system does not have a definition of trust, the Hague Convention has...

A Memorandum of Understanding or letter of intent is usually defined as an agreement between two parties in the form of a legal document that expresses the willingness of both parties to do business or enter into a merger. It indicates that a partnership, a...

If you have been involved in a car accident in Italy and have suffered damages, there are a few important things you need to note. As any Italian Lawyer will tell you, according to Italian Law, the person who caused the damage has the duty to restore the...

180 divorces granted to Italian couples exposed as being fraudulent and at risk of being rescinded by the Family Division of the High Court. Britain’s top family judge has been asked to cancel 180 divorces after being told the UK courts have been...

Good news for non EU highly skilled persons thinking of working in Europe, specifically in Italy, as they can now apply for an EU Blue Card work permit. Apply through our Italian Immigration team. On June 28, 2012, Italy, by emanating the Legislative...

Let’s try to imagine how many times in a typical day it would be possible for someone to steal our data and take our place! Identity fraud of an individual’s personal data with the aim of committing illegal acts in his name has always...

Senior Associate Lawyer, Graziano Cecchetti of Giambrone, attended a two day course in March 2014 entitled “ Planning Cross-Border Successions ”, at the ERA Academy of European Law in Trier, Germany. This was an opportunity for the Private...

It does not matter whether you are buying a modest trullo in Puglia or a multi-million Euro villa on the banks of Lake Garda, it is essential to seek independent legal advice from an Italian lawyer ( Avvocato ) who is fully conversant with Italian Real...