Oxford Business Law Blog

Italy has €2.4 trillion of debt. Should it ever find itself in pressing need of restructuring it, traditional avenues for sovereign restructurings could not be used because of a number of factors...

On January 10, 2019, the Italian Government enacted the Business Distress and Insolvency Code (the Code). The Code was drafted taking into account the then existing draft of the recently adopted EU...

In this post, we provide an overview of the main findings of the latest Report from the Italian financial regulator, CONSOB, on Italian households’ financial choices. The 2018 edition of CONSOB’s...

Several countries around the world have implemented or are in the course of implementing a national strategy for financial education, aimed at raising citizens’ financial competencies. As pointed out...

Introduction On 1 June 2017 the European Commission and Italy reached an agreement ‘in principle’ on the recapitalization of Banca Monte dei Paschi di Siena (MPS). A mere week later, the Single...

At the end of 2015, data on control models and the ownership structure of Italian listed firms show persisting high ownership concentration and limited contestability of control. Moreover, the vast...

A cynic will tell you that boards perform two main functions: first, to act as a marketing tool to sell the company and its management team to outside investors; and, second, to engage in periodic...

This past week, the Central London Employment Tribunal ruled that Uber drivers are workers entitled to minimum wage and holiday pay, and Uber vowed to appeal. The ruling is the latest contribution to...

The Italian corporate governance system features high ownership concentration, and the presence of control-enhancing mechanisms that are conducive to controlling shareholders’ dominance at the...