Italy

Abstract : This document provides an overview of the legal framework governing financial derivatives in Italy, focusing on regulatory classification, contractual elements, and judicial interpretations...

1. Background The Italian Tax System, such as the vast majority of OECD and EU Countries’, has been traditionally based on a self-assessment mechanism, where taxpayers are responsible for tax returns ...

The Oxford English dictionary defines the term “deepfake” as “ any of various media, esp. a video, that has been digitally manipulated to replace one person’s likeness convincingly with that of anothe...

Introduction to the Italian Legal Framework and Market Potential Italy is progressively becoming more attractive for its legal framework and vibrant financial sector, offering fertile ground for litig...

Milan, June 30th, 2025 - LawaL Legal & Tax Advisory announces the entry of Lawyer Giuseppe Speziale as a Partner, with responsibility for the Life Sciences & HealthCare Focus Area. With more than two decades of experience in the field, Giuseppe is a leading professional in the Life Sciences & Healthcare area, particularly in the Pharma, Biotech, MedTech, Medical Device, Nutraceutical and Cosmetics sectors. He assists companies and operators in highly regulated settings, advising on regulatory compliance, intellectual property, corporate transactions, distribution and clinical research. Throughout his career, he has also developed a strong expertise in commercial law and Venture Capital transactions, with a focus on innovative start-ups and new business models related to science and technology. He has held senior roles in both international law firms and corporations, including General Counsel and board member in a MedTech company, developing an integrated and strategic approach. "I am happy to join LawaL, a firm that values innovation and multidisciplinary thinking. Law, together with science and technology, can contribute concretely to the progress of society, especially in areas such as Life Sciences & HealthCare," said Giuseppe Speziale. Piergiorgio Mancone, Managing Partner of LawaL, commented, "Giuseppe's joining represents a strategic step for the firm, confirming our desire to strengthen the most innovative and high-complexity areas such as Life Sciences & HealthCare as well as our firm intention to support the innovation, research and health ecosystem with excellence and expertise." With his addition, LawaL further strengthens its position in the Life Sciences & Healthcare sector, confirming the firm's commitment to supporting the innovation, research, and healthcare ecosystem with excellence and expertise.

LawaL Legal & Tax Advisory and Giovannelli e Associati Studio Legale assisted the parties in the acquisition transaction Milan, 29 May 2025 - White Bridge Investments II, a private equity fund focused on Italian excellence, announces the acquisition – through its subsidiary Tenuta Ulisse S.r.l. - of the entire share capital of Cirelli La Collina Biologica S.r.l., an Abruzzo winery renowned for the production of organic wines and for its innovative approach to sustainable wine tourism. White Bridge was assisted in the operation by a team led by Partner Matteo Delucchi assisted by associates Francesca di Lorenzo, Giorgia Palmas and Marika Gentile for corporate aspects, by Santi Marco Calabrò for labor aspects. Cirelli La Collina Biologica S.r.l. was instead assisted in all legal aspects of the operation with a team led by Partner Piergiorgio Mancone and composed of Senior Associates Luca Gobbi and Francesco D’Imporzano and for tax aspects with a team led by Partner Alberto Picariello. Founded by Francesco Cirelli, the company has built a solid international reputation over time thanks to a production philosophy oriented towards quality, respect for nature and a unique wine tourism offer. With this operation, White Bridge aims to enhance and further grow the presence of Cirelli La Collina Biologica S.r.l. on foreign markets, while expanding the hospitality experiences already highly appreciated by visitors. White Bridge Investments II thus confirms its commitment to supporting quality Italian companies, with a strong sustainable vocation and an international vision.

Milan, 27 May 2025 - LawaL Legal & Tax Advisory Partners Paolo Comuzzi and Antonio Micalizzi have been appointed members of the Board of Auditors of the MultiMedica Onlus Foundation, together with President Piero Alberto Busnach. The appointment takes place as part of the path undertaken by the Foundation to assume the status of Third Sector Entity, pursuant to Legislative Decree 117/2017 ("Code of the Third Sector"), and with a view to registration in the Single National Register of the Third Sector (RUNTS). Founded in 2004, the MultiMedica Onlus Foundation pursues purposes of general interest, including the promotion of scientific research, professional and cultural training, and support for the return to Italy of Italian researchers working abroad. Its activities include organizing conferences and seminars, providing scholarships, promoting scientific collaborations with qualified scholars and institutions, and disseminating technical and scientific culture. LawaL Legal & Tax Advisory expresses pride in the recognition of the professional profile and experience of its partners Comuzzi and Micalizzi, who have been called to contribute to the growth and transformation of a reality committed to the development of research and scientific knowledge.  

Milan, 15 May 2025 - Roberto Gasparini, Partner of LawaL Legal & Tax Advisory, has been confirmed as Statutory Auditor, for the three-year period 2025 - 2027, of Merlett Tecnoplastic S.p.A., a company part of the Continental group active in the production of technical hoses in plastic materials. Merlett Tecnoplastic S.p.A. is an Italian company based in Daverio (VA), specializing in the production of technical hoses in plastic materials for industrial, agricultural, food and civil applications. Founded in 1952, the company has grown to become a reference point in the industry, with production facilities in Italy and an established international presence. Since 2019 it has been part of the German Continental Group, within the ContiTech division, which has further strengthened its innovative capacity and global projection.