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A breve tempo dall'entrata in vigore del c.d. Collegato Lavoro, sono già state emanate le prime circolari a chiarimento della nuova disciplina, così come le prime pronunce giurisprudenziali. Con la presente newsletter, dunque, intendiamo dar conto...

The Italian tax authorities have finally published the long-awaited guidelines on the new Italian CFC legislation (Circular No. 51/E of 6 October 2010). The new CFC legislation is described in a previous briefing, available at the following link: http://www.cliffordchance.com/publicationviews/publications/2009/08/impact_of_the_amendmenttothecfclegislationo.html This...

La presente newsletter si concentra sui recenti aggiornamenti legislativi ritenuti di maggiore interesse, in attesa di sviluppi sull'emanazione del c.d. Collegato Lavoro. Tale testo - contenente tra l'altro nuove disposizioni in materia di arbitrato, conciliazione...

The Italian Government has approved Law Decree No. 78 of 31 May 2010, which contains urgent measures for financial stabilisation and economical competitiveness. Article 45 of the Law Decree repeals both Article 2, paragraph 149 of Law No. 244 of 24 December 2007...

This newsletter focuses on the most important recent revisions to legislation, pending developments relating to approval of the so-called “Collegato Lavoro”. This bill contains new provisions regarding dispute arbitration and settlement, fixed-term contracts...

Recentemente ha avuto un forte impatto mediatico il caso dei tre operai addetti allo stabilimento della Fiat Sata di Melfi il cui licenziamento è stato dichiarato illegittimo dal Giudice del Lavoro che ne ha ordinato la reintegrazione in azienda. L'interesse...

The dismissal of the three workers at the Fiat plant in Sata di Melfi has had a massive media impact, with the Labour Court holding the dismissals to be unlawful and ordering the reinstatement of the workers at the plant. Interest was further peaked by the employer's...

For the first time, the Bank of Italy has expressed a position in relation to the offering in Italy of a peculiar foreign non-UCITS fund, endorsing Clifford Chance's view in this regard. This was achieved in the context of an authorisation procedure for the offering...

Shortly after the enactment date of the so-called "Collegato Lavoro" (Law no. 183, 4 November 2010, Supplemento Ordinario 243/L to the Official Journal (GU) 9 November 2010 no. 262, effective from 24 November 2010), the first circular letters clarifying...

In recent years, the matter of directors' compensation has been the focus of continuous attention worldwide, and in the wake of the recent financial crisis it has become one of the central issues of discussions on promoting the stability of the financial markets. In...