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UNCITRAL publishes its endorsement of the UNIDROIT Principles of International Commercial Contracts 2010

10 September 2012|

The United Nations Commission on International Trade Law (UNCITRAL) has published the Report on its forty-fifth session (25 June – 6 July 2012) at which it decided to endorse the UNIDROIT Principles of International Commercial Contracts 2010. See Report of the United Nations Commission on International Trade Law, forty-fifth session Read More

Where a Member State grants national companies the right to convert, the same right must also be granted to companies incorporated in another Member State

15 July 2012|

Hungarian law authorises Hungarian companies to convert, but does not allow a company governed by the law of another Member State to convert to a Hungarian company. The Italian company Vale Costruzioni S.r.l. was incorporated and added to the commercial register in Rome in 2000. On 3 February 2006, that Read More

The free movement of goods may be restricted on grounds of protection of copyright

21 June 2012|

In its Judgement in Case C-5/11 Titus Alexander Jochen Donner, the Court of Justice of the European Union ruled that a Member State may bring an action under national criminal law against a transporter for the offence of aiding and abetting the prohibited distribution of copyright-protected works on national territory, Read More

Under EU law on freedom of establishment and freedom to provide services, economic operators cannot be required to have a share capital of EUR 10 million in order to be entitled to collect local taxes

10 May 2012|

Italian legislation on the reorganisation of local taxationauthorises the provinces and municipalities to organise their own revenues, including taxes, by means of regulations. Local authorities may choose to award the tasks of assessment and collection of taxes and all local revenues to third party operators. In that case, those activities Read More

San Marino Accedes to United Nations Convention on Contracts for the International Sale of Goods

24 February 2012|

With its accession to the United Nations Convention on Contracts for the International Sale of Goods (“CISG”), San Marino becomes the 78th State Party to the Convention. The Convention will enter into force for San Marino on 1 March 2013. The adoption of the CISG by San Marino has taken Read More