Legal News

I) Il decreto semplificazioni (recentemente convertito in legge) ha introdotto novità non solo nel settore delle FER (cfr. art. 56), ma anche in quello delle fonti convenzionali. Con l’art. 62 sono state infatti apportate significative modifiche al decreto sblocca-centrali (d.l. n. 7/2002) relativo appunto ai grandi impianti di generazione da fonti fossili....By: Orrick, Herrington & Sutcliffe LLP

On June 7, the amended ordinances (the “Amended Ordinances”) prepared by the Japanese government to implement amendments to the Foreign Exchange and Foreign Trade Act (the “FEFTA”) were fully implemented, after coming into effect on May 8, 2020....By: Orrick, Herrington & Sutcliffe LLP

On August 14, 2020, the U.S. Department of Justice (DOJ) issued its first Opinion Procedure Release (OPR) in nearly six years, OPR 20-01. OPRs allow companies to seek guidance from DOJ “as to whether certain specified, prospective—not hypothetical—conduct conforms with the Department’s present enforcement policy regarding the antibribery provisions of the Foreign Corrupt Practices Act of 1977."...By: Orrick, Herrington & Sutcliffe LLP

The COVID-19 pandemic has already been declared as history's gravest economic crisis. Chancellor Angela Merkel described the current situation as "the most challenging crisis we have faced since the Second World War." But history also shows numerous ways that crises have offered unexpected benefits for societies and world economy....By: Orrick, Herrington & Sutcliffe LLP

The most powerful tool capable of invalidating competitive restraints under California law is Business and Professions Code section 16600. That statute states that “[e]very contract by which anyone is restrained from engaging in a lawful profession, trade or business of any kind is to that extent void.” California courts have historically used that statute to void non-compete and non-solicit provisions in agreements between employees and employers or buyers and sellers of a business....By: Or...

In data 14 luglio 2020, è stato pubblicato in Gazzetta Ufficiale il D.Lgs. 14 luglio 2020, n. 75 (di seguito, il “Decreto”). Con il Decreto, che entrerà in vigore il 30 luglio 2020, viene data attuazione alla Direttiva (UE) 2017/1371, relativa alla lotta contro la frode che lede gli interessi finanziari dell’Unione mediante il diritto penale (la “Direttiva PIF”), la cui ratio è quella di “proseguire nel ravvicinamento del diritto penale degli Stati membri completando, per i tipi di condot...

Dopo un lungo iter di approvazione il 16 luglio 2020 è stato pubblicato in GU n.178 - Suppl. Ordinario n. 24, il DECRETO-LEGGE 16 luglio 2020, n. 76 (il “DL”), in vigore dal 17 luglio, recante “Misure urgenti per la semplificazione e l'innovazione digitale”....By: Orrick, Herrington & Sutcliffe LLP

Businesses around the world have been substantially impacted by the COVID-19 pandemic and are likely to be managing the effects and remaining uncertainties for some time. In this context, we expect to see a shift in risk allocation in the European private M&A market to deal protection mechanisms more synonymous with a buyer’s market and specific provision for COVID-19, such as tailored warranties and covenants. Please see full Publication below for more information....By: Orrick, Herrington & ...

The EU State Aid regime has long protected the EU internal market from anti-competitive subsidies granted by EU Member States. On 17 June 2020, the European Commission published a White Paper that proposes a new set of tools designed to address distortive effects in the internal market caused by subsidies granted by states outside the EU....By: Orrick - Antitrust Watch

Il Ministero dell’Economia e delle Finanze, Dipartimento del Tesoro (“MEF”) ha da qualche giorno avviato una consultazione pubblica sulla proposta di revisione dell’art. 14 del Decreto 5 marzo 2015, n. 30, Regolamento attuativo dell’art. 39 del...By: Orrick, Herrington & Sutcliffe LLP