Raffaello Fabbri

Raffaello Fabbri

A&O Shearman

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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

Two important Italian rulings on right to withdraw from securities transactions

Two recent rulings establish important principles relating to a retail investor’s right of withdrawal from a securities transaction. In both cases an investor was seeking nullity of a loss-making (for the investor)...more

7/25/2016  /  Banks , Investors , Italy , Securities
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