On 2 August 2022, the Italian Supreme Court issued its judgment in Case no. 23980 stating, inter alia, that the five-year period during which an innovative start-up (“start-up innovativa”) can benefit from the favourable regulation set forth in Law Decree no. 179 of 18 October 2012 shall start from the date of its incorporation.
Di recente, la Sezione Fallimentare del Tribunale di Roma si è pronunciata su un caso che ha visto coinvolte le collecting societies Artisti 7607 e Imaie in liquidazione, aprendo così di nuovo ad una riflessione sulle conseguenze derivanti dalla liberalizzazione dell’attività di intermediazione nel campo dei diritti d’autore e diritti connessi.
La liberalizzazione delle collecting
After a postponement of almost two years from the originally scheduled date (August 15, 2020) for its entry into force - mainly caused by the crisis caused by the pandemic emergency - on July 15, 2022, the Code of Corporate Crisis and Insolvency (or "CCII") set forth in Legislative Decree 14/2019, as most recently amended by Legislative Decree No. 83 of June 17, 2022, containing a final set of changes and important innovations, finally entered into force.
Dopo uno slittamento di quasi due anni dalla data originariamente prevista (15 agosto 2020) per la sua entrata in vigore - principalmente causato dalla crisi provocata dall’emergenza pandemica - il 15 luglio 2022 è definitivamente entrato in vigore il Codice della Crisi di Impresa e dell’Insolvenza (o “CCII”) di cui al DLgs. 14/2019, così come da ultimo modificato dal DLgs. 17 giugno 2022 n. 83 contenente una ultima serie di modifiche ed importanti novità.
On 1 July 2022, Legislative Decree No 83/2022 was published in the Official Gazette, which in many parts amended the Crisis and Insolvency Code (Legislative Decree No 14/2019) implementing several provisions contained in the Insolvency Directive (EU Directive 2019/1023, known as the “CIC”).
The most innovative features of the new Insolvency Code include, among others: (i) the introduction of safeguard obligations aimed at detecting corporate distress and promoting the adoption of restructuring tools at an early stage; (ii) a more favourable approach to procedures allowing for business continuation on a going concern basis, as opposed to those leading to liquidation of the company; and (iii) specific provisions concerning the insolvency / restructuring of company groups.
Introduction
On July 15, 2022, Italy’s Code of Business Crisis and Insolvency (CCII or Crisis Code) took effect, following three previous measures: (i) Legislative Decree 14/2019, (ii) the “corrective” Legislative Decree 147/2020, and (iii) Legislative Decree 83/2022 implementing European Directive 2019/1023 (although some minimal parts of the Crisis Code are already in effect).
The Decree of the Ministry of Justice No. 75 of 3 March 2022, on the Regulation containing provisions on the functioning of the Register of business crisis managers referred to in Article 356 of Legislative Decree No.
There will be no further deferral of the entry into force of Legislative Decree No. 14 of 12 January 2019 (the new Italian Bankruptcy Law, also known as Code of the Business Crisis and Insolvency, "CCII"), which will fully replace the current Italian Bankruptcy Law.
There will be no further deferral of the entry into force of Legislative Decree No. 14 of 12 January 2019 (the new Italian Bankruptcy Law, also known as Code of the Business Crisis and Insolvency, "CCII"), which will fully replace the current Italian Bankruptcy Law.