This type of clause comes into play when in the events of the company, is the case for example of the italian compani (S.r.l.) in which the participations are held to 50% from two associates, we find … [Read more...] about Is the russian roulette clause legitimate?
International arbitration
International franchise
Franchising can be a good solution for an entrepreneur who decides to open his own sales points abroad, using persons who manage the business directly on site, through a distribution method able to … [Read more...] about International franchise
Letters of intent, MOU, gentlemen’s agreements and authorizations to proceed: what is their binding value in international contracts?
These types of agreements are called pre-contractual and generally refer to a future contract whose objectives and characteristics are described, expressly referring and conditionalizing the possible … [Read more...] about Letters of intent, MOU, gentlemen’s agreements and authorizations to proceed: what is their binding value in international contracts?
Advantages and dangers of “escalation clauses” in international arbitration
Definition The escalation clauses introduce a number of preliminary steps before the establishment of an arbitration procedure and attempt to avoid lengthy and costly judicial or arbitration … [Read more...] about Advantages and dangers of “escalation clauses” in international arbitration
Intra-EU sales contract: jurisdiction of the court of the place of delivery.
The Supreme Court, in a case of an Italian company refusing to deliver to an EU company other goods claiming that there is no contractual constraint that obliges it to provide, have considered that … [Read more...] about Intra-EU sales contract: jurisdiction of the court of the place of delivery.
Smart contracts: what they are and how they work
The smart contract, or "intelligent contract", is a contract (a set of clauses, expression of an agreement between two or more parties) subject to conditions structured according to a code (automated … [Read more...] about Smart contracts: what they are and how they work
Blockchain and international contracts
The blockchain is, in various areas, a concept widely used in various sectors and is defined as a data base, that is a digital register, whose entries are grouped in blocks each of which contains … [Read more...] about Blockchain and international contracts
The High Court pronounces on the interpretation and effects of the Sanction clauses in insurance policies
It is well known that the sanctions system has long been an important element of international trade in the insurance sector. A very recent decision of the High Court in the case Mamancochet … [Read more...] about The High Court pronounces on the interpretation and effects of the Sanction clauses in insurance policies