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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.

The Russian roulette clause, an alternative way to resolve corporate conflicts (without shooting)

The Russian roulette clause has recently come to the forefront of the Italian news and has thus become known to the public, but its popularity is becoming exponential due to its ability to resolve societal conflicts in a peaceful manner. Let’s take a look at how this clause works and why it would be a good idea for companies to participate in this dangerous game. 

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.

Cross-border transformation

Legislative Decree no. 19/2023 disciplines the cross-border conversion of EU companies. Legislative Decree 2 March 2023 no. 19 introduced into Italian …