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English and Italian courts on opposite sides on the validity of IRS derivative contracts

The debate of the conflicting trends of Italian lower courts’ case law on the validity of Interest Rate Swap (IRS) contracts following the decision by the Joint Divisions of the Supreme Court No. 8770/202 and following...more

Statutory penalty interest at 8%: the latest relevant jurisprudential trends in Italy

In the specific case submitted for its consideration, the Court of Florence established the following question of law: "whether a judge, who is asked generically to order the defendant to pay interest, without any other...more

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