The employer may not withdraw from the non-competition agreement. This was confirmed by the Italian Supreme Court in its order 23723/2021 filed on 1 September 2021, analysing a unilateral withdrawal clause from the no-competition agreement established to the benefit of the employer.

The Supreme Court ruled that the deed of segregation in trust does not trigger any indirect tax. 2019 By means of the judgement no. 16701, filed on 21st June 2019, which follows the three similar judgments no. 15453, 15455 and 15456, issued on 7th june 2019, the Supreme Court clarifies that the deed of segregation […]

The Court of Rome addressed the validity of the so-called “russian roulette” clause under Italian company law. January 2018 The “russian roulette” clause deals with the interest of resolving a deadlock situation in a 50:50 corporate joint venture or in a majority/minority corporate joint venture. By virtue of this clause one party offers either to buy […]

The Italian Tax Authorities have provided the rules for the application of the new Italian «Resident Non-Domiciled» tax regime March 2017 On March 8th, 2017, the Italian Tax Authorities issued a regulation regarding the implementation of the new «Resident Non-Domiciled» tax regime (the “Regime”) introduced by the Financial Bill for 2017 aimed at attracting wealthy […]