1) The Rome City Assembly (Assemblea Capitolina) approves the new Building Regulations of the City

On 12 May 2026, the Rome City Assembly (Assemblea Capitolina) approved the new Building Regulations of the City, updated with the objectives of the Climate Adaptation Strategy and the Climate Plan approved in 2025.

The resolution, proposed by the Urban Planning Assessorship (Assessorato all’Urbanistica), aims to ensure the environmental sustainability, climate adaptation and urban quality of building interventions in Rome. In particular, the measure redefines the criteria and requirements for building interventions in the light of the most recent European and national legislation in the energy and environmental fields.

Among the measure’s main objectives, there is combating urban heat islands through concrete measures to improve the city’s microclimate; particular attention is also given to energy and water conservation.

2) Italian Supreme Court: on the subordination (postergazione) of financing arising from a lease agreement between a shareholder and the company

By Order No. 13672/2026, published on 11 May 2026, the Italian Supreme Court ruled on shareholder loans to companies with particular reference to the granting of real estate assets to the company under a lease agreement.

In particular, the Court laid down the following principle: “the shareholder loan provided for pursuant to Article 2467 of the Italian Civil Code also include the granting in favour of the company of real estate assets under a lease agreement, where such granting translates, by reason of the failure to collect the relevant rental instalments, into a voluntary and beneficial economic contribution by the shareholder, which has enabled the company to avoid immediately bearing the corresponding cost”.

The Supreme Court then revisited the interpretation of Article 2467, clarifying that the concept of “shareholder loans” must be construed in the broadest possible manner so as to include any subjective legal position that can be qualified as a “credit right” against the company, irrespective of the legal structure used from time to time.

In such case, the state of excessive imbalance in indebtedness constitutes, according to the Court, an obstacle to the shareholder’s right to repayment of the financing made in favour of the company.

To access the decision, click here.