….that foreign investors should know. While M&A agreements are facing an increasing standardization around the globe, civil law countries, and, notably, Italy, present peculiar features that should not be overlooked. Here is a list of certain features of doing M&A in Italy, most of them stemming from the Italian Civil Code (the “ICC”) and its…
Tag: Milan
A survival guide to M&A without warranties
Some quick background: according to the market practice, the seller of a company or an asset is expected to give the buyer a set of representations and warranties regarding various aspects of the target, including accounting, tax legal and operational issues (“R&Ws”). If any of these representations and warranties reveals to be not truthful, the…
M&ADE in Italy™ 