Liability for debts has always had a leading role in corporate litigation. Since its introduction in 1985, liability for debts has never been clearly defined, but from the outset it was seen as a powerful instrument of credit protection for the corporate creditor. Pursuant to article 367 of the Capital Companies Act, the managers of… Continua a leggere Personal responsibility of the administrator for the social debts contracted after the concurrence of the cause of dissolution of the company
Categoria: Commercial
“Due Diligence”: the best ally when purchasing a company
Many investors are now considering the option of buying or merging companies to position themselves in a market that is increasingly competitive and difficult for small and medium-sized companies. These contractual processes, whose technical objective is the signing of the timely deed of purchase and sale of shares or shares, is generally started with a… Continua a leggere “Due Diligence”: the best ally when purchasing a company
Rights of the minority partner II: Request for audit report
The Capital Companies Act recognizes the rights of specific company shareholders as well as minority shareholders. These rights are designed to protect them against the majority, who often hold positions in the company administration, giving, in certain cases, minimal information to minority shareholders about the management and financial results of company operations. On certain occasions,… Continua a leggere Rights of the minority partner II: Request for audit report
Rights of minority shareholders II
After several years of being blocked, on January 1, 2017, article 348 bis in Royal Legislative Decree 1/2010, of July 2, was reinstated, which approved the revised text of the Law of Corporations Act (LCA). Article 384 attributes a special right of separation for the Partner in the absence of company profit-sharing, reinforcing the individual… Continua a leggere Rights of minority shareholders II
A new change to the regulation of the address of commercial companies
Due to the current political context, Royal Decree-Law 15/2017, of October 6, has been approved for urgent measures regarding the mobility of economic operators within the national territory. This RD-L modifies article 285.2 of the Capital Companies Law (LSC). See in the following table the previous one and the new one that establishes RD-L 15/2017… Continua a leggere A new change to the regulation of the address of commercial companies
Main aspects to consider in the sale of companies
One of the first steps in preparing the sale of a company is the identification and elimination of potential stumbling blocks. There are several reasons why the sale of a company can fail, and to prevent this happening, these stumbling blocks must be identified, managed or eliminated where possible. a) Initial questions It is advisable… Continua a leggere Main aspects to consider in the sale of companies