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  • 17
    Feb
    Participative financial instruments: what opportunities?
    Economic crises, debt restructuring and new “instruments” of solution Participative financial instruments (the “Strumenti Finanziari Partecipativi – SFP”) have been introduced by Legislative Decree no. 6 of January 17, 2003 (the “Reform”) by amending the existing article 2346, paragraph 6, of the Italian civil code. This provision reads ”The company may issue financial instruments that…
    Articolo inserito in: Mergers & Acquisitions
  • 9
    Feb
    European works quotas for on-demand media service providers
    Introduction Under Italian law, audiovisual media service providers (both broadcasters and on-demand media service providers) are required to promote the production and distribution of European works(1) under a quota system. The system reflects the general aims of the EU Audiovisual Media Services Directive (2010/13/EC).(2) The quota system for broadcasters is regulated by Resolution 66/09/CONS of…
    Articolo inserito in: Televisione
  • 8
    Feb
    Mac clauses: drafting, enforceability and alternative remedies
    Introduction In times of economic difficulty, parties to M&A transactions are more inclined to adopt mechanisms that allow them to adjust or even terminate their agreements if certain adverse events occur. One such mechanism, which has received much attention in recent years, is a material adverse change (MAC) clause, also called a material adverse effect…
    Articolo inserito in: Mergers & Acquisitions, Private Equity
  • 8
    Feb
    Group of companies: recent supreme court decision
    Recent case In Decision 25270, which was issued on November 29 2011, the Labour Section of the Supreme Court ruled on the status of parent companies in the employment relationships of their subsidiaries’ employees. The court stated that if a parent company effectively interferes itself in the management of such relationships, it is deemed to…
    Articolo inserito in: Diritto del Lavoro
  • 13
    Gen
    Corte di giustizia unione europea – affollamento pubblicitario in tv
    Il 24 novembre 2011 la Corte di Giustizia ha reso un’interessante pronuncia in materia di pubblicità televisiva e tempo di trasmissione (C-281/09, Commissione europea c. Regno di Spagna). Data la valenza generale delle affermazioni della Corte nella sentenza in esame, nonostante questa si riferisca alla normativa in materia di limiti di affollamento pubblicitario anteriore alla…
    Articolo inserito in: Televisione
  • 12
    Gen
    Crisis could force restart of digital dividend allocation plans
    In 2011 two procedures for spectrum allocation were launched in Italy. The first was a spectrum auction to allocate the external digital dividend (ie, frequencies in the 800, 1800, 2000 and 2600 megahertz (MHz) bands) to telecommunications operators for the purpose of developing commercial terrestrial radio systems and public electronic communications, including mobile broadband networks…
    Articolo inserito in: Regolamentare, Tecnologie, Televisione
  • 13
    Dic
    French court finds Google has editorial control over adwords advertising
    On November 14 2011 the Tribunal de Grande Instance de Paris (TGI) ruled against Google France and Google Ireland, finding that their AdWords service allowed a company to use an individual’s name as a keyword to trigger links to an article and photographs that infringed the individual’s rights to private life.
    Articolo inserito in: Internet & Ecommerce
  • 12
    Dic
    Active or passive? Court of rome rules on role and liability of isps
    On October 20 2011 the Court of Rome issued a decision that will contribute significantly to the ongoing debate – both in Italy and the rest of Europe – on the role and liability of internet service providers (ISPs). The lawsuit was initiated by a request for precautionary measures filed by RTI, Italy’s main private…
  • 12
    Dic
    Il futuro del broadcasting terrestre
    Il dipartimento Technology and Development dell’European Broadcasting Union (EBU) ha pubblicato a ottobre il rapporto tecnico n. 013, intitolato “The Future of Terrestrial Broadcasting”...
    Articolo inserito in: Tecnologie, Televisione
  • 1
    Dic
    Localization systems are legal for vehicles used for employment activities – but on what conditions?
    Under Italian law, all forms of distance monitoring are prohibited by Article 4 of the Statute of Employees (Law 300/1970), as well as by Article 114 of the Privacy Code (Legislative Decree 196/2003), which expressly refers to the provision of the Statute of Employees. In particular, the law prohibits the use of distance monitoring systems…
    Articolo inserito in: Diritto del Lavoro
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