Latest News

New Medical Fees Apply to Skiers Injured on Italian Slopes

Resorts have decided to charge people who request first aid.   According to the Valle d’ Aosta, tourists who have ski slope accidents whilst abroad will now need to pay up to €200 if they require medical assistance. The cost is to cover,...

About The Criminal Law in Italy

Italian law is basically based on Roman regulations. Especially for its civil and criminal law, it depends on both Roman regulations and French Napoleonic regulations. For instance, the codes of Sardinia Kingdom in civil as well as chastening events were...

Amendments to Italy's Corporate Taxation System

Recently, the Italian government has made a number of amendments on the reformed tax system, most importantly on corporate taxation. The changes have touched different aspects of the tax system. What does this mean for the citizens and foreign investors in...

What you need to consider when starting a business in Spain?

Spain offers an excellent platform for business. However, for foreigners, it might be daunting to start an enterprise in a country, which they are not familiar with. Below are pointers that will help entrepreneurs to follow the necessary steps in...

European Court decides Italy violates human rights over gay marriage

This week saw a groundbreaking movement for same-sex couples after the European Court of Human Rights (ECHR) unanimously agreed that Italy must do more to recognise same-sex couples in the eyes of the law. Support is rapidly increasing for the legal...

Italy on the Path of Legalising Marijuana

Italy has taken the first steps in the process of legalising marijuana. On Wednesday 24 th June 2015, more than two hundred members of parliament voted to make it legal to possess not more than 15 grams of marijuana. The bill also sought to make legal...

Start-up visa in Italy: possibility to obtain a residency permit

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...

The New Horizon Program 2020 Announcement 2014/2015

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 Assisted Negotiation Procedure in Italy - another form of NDR

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...

Legal Assistance for Payment Service Providers

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...

JP Morgan agrees to pay $100 million to settle a Currency Manipulation Lawsuit in New York

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...

The rules of evidence in Italy: an overview on the role of expert witnesses under Italian Law

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...

New bilateral tax Treaty agreed in principle between Italy and Switzerland

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...

The Swiss National Bank breaks the EURCHF peg and investors worldwide suffer significant losses

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...

Doing Business in Italy: Incorporating a limited company in Italy

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...

EU adopts directive to tackle antitrust damages actions

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 and adverse costs orders

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...

International Succession, foreign Wills and domicile

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...

New rules for offshore trustees and Italian resident beneficiaries

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...

Crucial - "Memoranda of Understanding"

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...
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