News – Law Firm Mazza

20 March 2018

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Banking and Financial, Italian Bond Markets, ExtraMOT and the art. 100 bis of the TUF, ExtraMOT also accessible to Non-Professional Investors

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ExtraMOT and art.100 bis of the TUF As specified in the market regulation (see Notice No. 17792 of 3 December 2009), ExtraMOT is and the sales made in this market are not subject to the application of Article 100-bis, paragraphs 2 and 3 of the Consolidated Law on Finance ( "TUF"). Art. 100-bis, in paragraphs 2 and 3 of the TUF has in fact configured as a hypothetical offer to the public the case in which financial products that have been the object in Italy or abroad of a placement reserved for qualified investors are in the following twelve months systematically resold...

20 March 2018

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Companies, Italian Factory, Agriculture 4.0, Innovation

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Despite being a traditional sector, agrifood is more and more a land of technological innovations at the service of producers and final consumers In our country only 1% of the agricultural area is digitized despite the fact that the agri-food represents about 11% of the national GDP Digital and agriculture. An increasingly solid combination, as told some time ago in Italian Factory, even if there is still a long way to go. Especially if you think that in our country only 1% of the agricultural area is digitized despite the fact that the agri-food represents about 11% of the national GDP, according to...

16 March 2018

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Bankruptcy, Revocation Action, Proof of Scientia decoctionis, Court of Cassation, VI Civ. Section, Order n. 4794 of 01/03/2018

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The proof of the scientia decoctionis of the accipiens is obtainable: a) from the no more regular methods of payments, referring to amounts not corresponding to invoices, which have expired, and from the prohibition on the acceptance of postdated payments by drivers of the creditor company; b) the existence of an excess of indebtedness to suppliers, even before the meeting of creditors, and the use of blank checks, collected more than one month after their shipment; c) the continuity of the relations between the parties, being a regular supplier of the bankrupt and being operative in the same territorial area. Recall (Court of Cassation...

13 March 2018

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Companies with high consumption of natural gas, Definitions, Ministerial Decree of 2 March 2018 Ministry of Economic Development

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The ministerial decree of March 2, 2018 defines, in accordance with the Community guidelines on state aid, companies with high consumption of natural gas which will have access to a system of facilitations to be adopted with a subsequent decree pursuant to Article 21, paragraphs 1 and 2 of the 2017 European Law. Decree in force Source Ministry of Economic Development...

13 March 2018

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Contracts of the Public Administration, Exclusion from the tender, Causes of exclusion ex. c) of paragraph 5 of the art. 80 of the public contracts code, List of examples and not exhaustive, Council of State in court, Section Fifth, Judgment no. 1299 of 02/03/2018

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The list contained in the art. 80, paragraph 5, lett. c), legislative decree 18 April 2016, n. 50 (remained unchanged after the entry into force of Legislative Decree No. 56 of 19 April 2017) - in the part in which it is classified as a "serious professional malpractice", for which the contracting authority must demonstrate "by appropriate means" that the economic operator has been guilty, including "significant deficiencies in the execution of a previous contract or concession that caused the early termination, not challenged in court, or confirmed at the outcome of a judgment, or they gave rise to a...

13 March 2018

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Environment, D. M. of the Ministry of the Environment and of the protection of the territory and the sea of October 25, 2016, Tar Lazio, Section Second Bis, Judgment no. 2167/2018 of 27 February 2018

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Article 63 of the Environmental Code, District Basin Authority D. M. of the Ministry of the Environment and of the protection of the territory and the sea of October 25, 2016, published in g.u.r.i. n. 27 of 02.02.2017, containing "discipline for the allocation and transfer to the district basin authorities of the personnel and of the instrumental resources, including the seats, and financial authorities of the basin authorities pursuant to Law 18 May 1989, No. 183" . The organizational system introduced by the law number 183 of 1989, articulated on a double configuration of structures, national authorities for the national basins and...

12 March 2018

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Enterprises, Stock Exchange, Financial, Equity markets, Sustainable investments, Green financial products

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The EU action plan for sustainable finance is coming The European Commission presents its strategy The European Commission presented its action plan for sustainable finance with the aim of directing the EU capital market towards a development compatible with the fight against climate change and a harmonious development of the economy and society. It is a program that collects the indications of the expert group report on sustainable finance in Europe (HLEG-High-Level Expert Group on Sustainable Finance). "The transition to a greener and more sustainable economy - underlined the vice president of the EU Commission Frans Timmermans - is beneficial for creating jobs, for...

12 March 2018

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Environment, Environmental Protection, Sustainable Development, CIEPEC 2018, Italy-China Collaboration

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As part of the Italy-China Environmental Protection Collaboration, the Ministry for the Environment and the Protection of the Territory and the Sea promotes the participation of Italian companies in the China International Environmental Protection Exhibition & Conference - CIEPEC 2018 through the offer of a stand for Italian companies, support for the organization of B2B meetings. The Event will be held in Beijing from 7 to 9 June 2018. Rome, 9 March 2018 Source Ministry of the Environment...

12 March 2018

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The turnover thresholds have been updated for the prior notification of merger transactions, the Competition and Market Authority

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The Antitrust Authority has decided that, starting from today, March 12, 2018, the turnover thresholds beyond which it becomes mandatory the prior notification of the merger transactions amounted to 495 million euros for the total turnover achieved at national level by all the companies involved in the operation and EUR 30 million for the total turnover achieved individually at national level by at least two of the companies concerned. The increase in the value of the thresholds corresponds, as required by art. 16 of the law n. 287/90, to the increase in the price index of the gross domestic product, equal,...

03 March 2018

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Companies, Values, European Dimension, The value.s of business, BusinessEurope Day 2018

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“We have a key role to play in making sure that our model of social market economy continues to thrive. This is why we chose to focus BusinessEurope Day 2018 on the value.s of business”, President Emma Marcegaglia said at the opening of BUSINESSEUROPE Day on 1 March 2018 in Brussels. The fourth edition of the event coincided with BusinessEurope’s 60th anniversary. Donald Tusk, President of the European Council, Jyrki Katainen, Vice-President of the European Commission, and Michel Barnier, Chief Negotiator of the Task Force for the Preparation and Conduct of the Negotiations with the United Kingdom under Article 50 TEU, also delivered keynote...