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Liquidated damages clauses: are they effective under Italian law?

In case of breach of contractual obligations, the party in breach is normally required to pay to the other party damages, i.e. an amount of money as compensation for the loss generated by non-performance or delay. Contracts often include liquidated damages clauses, which establish in advance the amount of damages to be paid. However, the effects of such clauses can vary significantly depending on the jurisdiction and it is essential to consider all legal implications when drafting a contract.

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New Legislative Decree enhances regulation on veterinary medicines in Italy

Italy has implemented a significant update in legislation concerning veterinary medicines with the enforcement of Legislative Decree 218/2023 that has alreay taken effect. This decree marks a pivotal shift, aligning the national framework with the regulations outlined in the EU Regulation 2019/6 on Veterinary Medicines while repealing the previous Legislative Decree 193/2006.

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AN ITALIAN LAW FIRM
WITH AN INTERNATIONAL VOCATION