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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 provided...
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...
This article, prepared by  Piero Mastrosimone , Legal Director in the Insurance Team, considers the legal implications and provides a general brief overview on how to quantify...