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Stand-by Letter of Credit

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Definition A standby letter of credit, abbreviated as SBLC, refers to a legal document where a bank guarantees the payment of a specific amount of money to a seller if the buyer defaults on the … [Read more...] about Stand-by Letter of Credit

Coronavirus crisis relaunches the race for litigation funding

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In the last six months, Italian law firms have seen a significant increase in contacts with companies potentially interested in litigation. The TPF or litigation funding consists, in summary, in the … [Read more...] about Coronavirus crisis relaunches the race for litigation funding

Applicability of D.Lgs. 231/2001 to foreign entities

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Premise With a recent judgment (Cassation, Section VI, judgment of 11.02.2020, filed on 7.04.2020, n. 11626), the Supreme Court ruled on the question of the applicability of the discipline provided … [Read more...] about Applicability of D.Lgs. 231/2001 to foreign entities

Covid-19 and international contract management – force majeure

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The epidemic from Covid19, in addition to the economic damage, causes legal issues that undermine, above all, the soundness of trade agreements, including transnational. In fact, the number of cases … [Read more...] about Covid-19 and international contract management – force majeure

Coronavirus, logistics in crisis: how companies can limit damage

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Home It is true that the coronavirus emergency has caused the slowdown or even the blocking of logistic and production activities, but this can become an opportunity for companies to rethink their … [Read more...] about Coronavirus, logistics in crisis: how companies can limit damage

The airline compensates the damages caused from the overturning of a glass of hot coffee

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By its judgment of 19 December 2019 in Case C-532/18, the Court of Justice sentenced the airline for the burns caused by the overturning of a hot coffee which for unknown reasons occurred during a … [Read more...] about The airline compensates the damages caused from the overturning of a glass of hot coffee