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    Family businesses in Italy and Germany: M&A as a strategic lever for growth and succession for family businesses

    Many family businesses often reach a crossroads. On one hand, they may choose to preserve ownership, retain control and pursue gradual growth, a path particularly [...]

    27/04/2026

  • CRCCD News

    Newsletter April 2026 (pt. 1): Restructuring and Insolvency proceedings

    The Second Insolvency Directive published in the Official Journal of the EU On 1 April 2026, Directive (EU) 2026/799 of the European Parliament and of [...]

    17/04/2026

  • CRCCD News

    Newsletter April 2026 (pt. 1)

    ADMINISTRATIVE & COMPETITION LAW 1) EU Commission: Italian aid scheme for hydrogen development approved On 30 March 2026, the European Commission approved, under the State [...]

    17/04/2026

  • CRCCD News

    Newsletter April 2026 (pt. 1): Banking / financial / insurance regulation

    1) Regulation on the Collective Management of Savings On 7 April 2026, the Bank of Italy Measure of 23 March 2026, containing the sixth update [...]

    17/04/2026

  • CRCCD News

    Newsletter April 2026 (pt. 1): Real estate

    Italian Supreme Court: on the identification of the common parts of a building forming part of a condominium On 25 March 2026, judgment No. 7222 [...]

    17/04/2026

  • CRCCD News

    Newsletter April 2026 (pt. 1): M&A

    ESG Factors in business valuation On 1 April 2026, the National Council of Chartered Accountants and Accounting Experts (Consiglio Nazionale dei Dottori Commercialisti e degli [...]

    17/04/2026

  • CRCCD News

    Newsletter April 2026 (pt. 1): Employment Law

    Smart working: new employer disclosure obligations Law No. 34 of 11 March 2026 decisively intervened in the area of health and safety with reference to [...]

    17/04/2026

  • CRCCD News

    Newsletter April 2026 (pt. 1): Structured finance, Capital markets & Fintech

    1) Consob: proposed amendments to reduce the impact of reporting obligations on securitisations open for consultation On 7 April 2026, the National Commission for Companies [...]

    17/04/2026

  • CRCCD News

    Newsletter April 2026 (pt. 1): Administrative & Competition Law

    1) EU Commission: Italian aid scheme for hydrogen development approved On 30 March 2026, the European Commission approved, under the State aid rules, an Italian [...]

    17/04/2026

  • Dot Flash News

    Reform of the Consolidated Financial Act (Testo Unico della Finanza) and of the Italian Civil Code. Legislative Decree 27 March 2026, no. 47

    What is the focus of this alert? Legislative Decree no. 47, approved on 27 March 2026. Who is this alert targeted at? General counsels, legal [...]

    16/04/2026

  • CRCCD News

    Newsletter March 2026 (pt. 2)

    ADMINISTRATIVE LAW & ANTITRUST 1) EU Commission approves a plan for research and development in the nuclear sector On 19 March 2026, the European Commission [...]

    03/04/2026

  • CRCCD News

    Newsletter March 2026 (pt. 1)

    ADMINISTRATIVE AND ANTITRUST 1) AGCM authorises the entry of France’s SNCF into the Italian high-speed rail market On 3 March 2026, the Italian Competition Authority [...]

    23/03/2026

  • Insights

    Destocking and securitisation: the new provisions under the SME Act

    Article 8 of the annual law for small and medium-sized companies, approved by the Senate of the Republic of Italy on 4 March 2026 and [...]

    10/03/2026

  • Insights

    Family businesses in Italy and Germany. Succession planning under company law

    In addition to sound inheritance planning, which we discussed in our previous blog post, the focus should also be on clear provisions in the articles [...]

    16/01/2026

  • Insights

    Family businesses in Italy and Germany: business succession from an inheritance law perspective

    The generational change represents one of the most complex and decisive phases for family businesses. In addition to economic and organisational issues, inheritance and company [...]

    22/12/2025

  • Sustainable Finance Observatory

    CRCCD Observatory on Sustainable Finance and the Green Economy – Issue 9

    FOCUS The Italian Supreme Court paves the way for climate-related litigation in Italy 1. Foreword 2. The judgment on the merits and the parallel “Giudizio [...]

    07/08/2025

  • Insights

    Constitutional Court invalidates indemnity cap for unfair dismissals by small employers

    Italy’s Constitutional Court Invalidates Indemnity Cap for Unfair Dismissals by Small Employers In its Judgment No. 118/2025, published on 21 July 2025, the Italian Constitutional [...]

    24/07/2025

  • Insights

    Family businesses in Italy and Germany: selecting the company form and ruling shareholders’ rights

    Does there exist a "right" corporate form for a family business? The choice of the corporate model should be made on a case-by-case basis considering [...]

    03/06/2025

  • Dot Flash News

    Anti-dilution clauses

    Introduction Investors willing to invest in a startup's equity assume that the company's valuation will go up over time. But it is not automatic: the [...]

    16/05/2025

  • Sustainable Finance Observatory

    CRCCD Observatory on Sustainable Finance and the Green Economy – Issue 8

    FOCUS The European Commission’s Omnibus I and II packages 2 1. Foreword 2. The Omnibus I package 3. The Omnibus II package 4. Initial considerations [...]

    05/05/2025

  • Dot Flash News

    Bad leaver and good leaver clauses

    Introduction In the context of venture capital investments in startups, contractual clauses aimed at ensuring the stability and continuity of the founders’ team play a [...]

    24/04/2025

  • Insights

    Family businesses in Italy and Germany: a comparative look

    Family businesses in Italy People often consider family business synonymous with a small, artisanal enterprise. It is a mistake. Consider companies such as Ferrero (founded [...]

    26/03/2025

  • Dot Flash News

    Cybersecurity in the Financial Sector and Beyond: the DORA Regulation

    Introduction The Firm assists financial entities in complying with the DORA Regulation, supporting them in analysing ICT risks, managing relationships with third-party suppliers, reviewing outsourcing [...]

    12/02/2025

  • Sustainable Finance Observatory

    CRCCD Observatory on Sustainable Finance and the Green Economy – Issue 7

    FOCUS ESG Labelling 1. Foreword 2. United Kingdom 3. European Union 4. Italy FOCUS ESG rating 1. Foreword 2. Regulation (EU) 2024/3005 3. Bank of [...]

    27/01/2025

  • Dot Flash News

    Interest Rate Benchmarks: When Even the Fallback Fails

    Standard Chartered Plc V Guaranty Nominees Limited and Others [2024] EWHC 2605 (COMM) (15 October 2024) This recent decision of the English High Court sheds [...]

    06/12/2024

  • Dot Flash News

    Search Funds: Risks and Opportunities

    Introduction The Firm recently took part in the completion of one of the first search fund projects in Italy, assisting Visconti Capital S.p.A. — an [...]

    29/10/2024

  • Sustainable Finance Observatory

    CRCCD Observatory on Sustainable Finance and the Green Economy – Issue 6

    UPDATES 1. The Sustainability Reporting Decree 2. The Euronext ESG Trends Report 2024 3. The forthcoming entry into force of ESMA guidelines on the use [...]

    11/10/2024

  • Sustainable Finance Observatory

    CRCCD Observatory on Sustainable Finance and the Green Economy – Issue 5

    FOCUS – SMES BECOME THE TARGET OF ESG REPORTING UPDATES 1. The ESAs’ Joint Opinion on the SFDR 2. The ESMAs’ consultation on the EuGBR [...]

    04/07/2024

  • Sustainable Finance Observatory

    CRCCD Observatory on Sustainable Finance and the Green Economy – Issue 4

    ANALYSIS – ESG RELATED LITIGATION 1. Introduction 2. Litigation aimed at strengthening ESG policies or disclosures 3. Greenwashing litigation 4. ESG backlash litigation 5. Concluding [...]

    28/03/2024

  • Insights

    The new public contracts code

    By Francesco Marone, Sofia Arata, Francesco Moroni, Nicola Cataldo Following the approval by the Italian Council of Ministers of the final text on 28 March [...]

    26/04/2023

  • Insights

    Issuance of notes under EMTN in dematerialized form. The BPER case (and more)

    by Federico Morelli BPER’s recent issuance represents a market first in the Italian legal landscape. For the first time, an Italian bank has issued notes [...]

    23/03/2023

  • Insights

    The tax liabilities of the transferee of a business are limited even without the “certificate”

    by Paolo Serva The (never ending) debate concerning the extent of the business transferee’s tax liability pursuant to Article 14 of Italian Legislative Decree no. [...]

    19/12/2022

  • Insights

    The recovery needs the capital market. Public consultation on the mef green paper closed

    by Martino Liva On 2 March 2022, immediately following the online presentation seminar, the Green Paper prepared by the Italian Ministry of Economy and Finance [...]

    29/07/2022

  • Insights

    ESG criteria, main implications and perspectives for real estate operators

    By Michael Panfili Environmental, Social & Governance (ESG) and sustainable investments are among the recent priorities of the real estate industry. Sustainability brings with it [...]

    20/06/2022

  • Insights

    The Growing Importance of ESG in the Italian M&A Market

    The importance of ESG concerns has become apparent in the M&A and private equity fields, as market players appear to be particularly focused on integrating [...]

    12/05/2022

  • Insights

    The reform of the so-called Golden Powers regime as a means of reacting to the Ukrainian political and military crisis

    by Sofia Arata 1. Introduction Following the escalation of the Russian-Ukrainian conflict, the Italian Government deemed it was essential to react by issuing a number [...]

    20/04/2022

  • CRCCD News

    News Aprile 2022

    NORMATIVA E SOFT LAW UE: 1. EBA: pubblicato il final draft di RTS in materia di risk retention nelle operazioni di cartolarizzazione 2. EBA: pubblicato [...]

    15/04/2022

  • Insights

    The new regulatory framework on the MREL – implementation in Italy of Directive (EU) 2019/879 (BRRD II)

    By Alessandra Davoli 1. The implementation of BRRD II in Italy On 30 November 2021, Italian Legislative Decree no. 193 of 5 November 2021 was [...]

    14/03/2022

  • CRCCD News

    News Febbraio 2022

    NORMATIVA E SOFT LAW UE:  1. EBA: pubblicati i final draft degli implementig technical standards sulla disclosure ESG. 2. ESMA: pubblicato il report 2021 sulle [...]

    14/02/2022

  • Insights

    Listed companies governance: how politics and Consob are facing the practice of the list of candidates presented by the board

    Abstract According to Italian Law regulating listed companies (legislative decree no. 58/1998), directors of listed companies are appointed by the shareholders' meeting on the basis [...]

    10/02/2022

Cappelli Riolo Calderaro Crisostomo Del Din & Partners
Cappelli Riolo Calderaro Crisostomo Del Din & Partners

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P.IVA 06591060964

Francesca Bellecci
Marketing & Communication Manager francesca.bellecci@crccdlex.com

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ROME

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Copyrights © 2024 Cappelli Riolo Calderaro Crisostomo Del Din & Partners. All rights reserved
P.IVA 06591060964

Cappelli Riolo Calderaro Crisostomo Del Din & Partners
Cappelli Riolo Calderaro Crisostomo Del Din & Partners

MILAN

ROME

LONDON

segreteria@crccdlex.com
P.IVA 06591060964

Francesca Bellecci
Marketing & Communication Manager francesca.bellecci@crccdlex.com

  • Cookie Policy
  • Privacy Policy
  • Complaints handling policy

Copyrights © 2024 Cappelli Riolo Calderaro Crisostomo Del Din & Partners All rights reserved P.IVA 06591060964

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