On 10 January 2019, the Italian Government enacted the Legislative Decree No. 14 of 2019, also known as “Code for Distressed Companies and Insolvency” (the “Code”). The Code aims to allow early detection of a financial “crisis” and prevent future insolvency. When such prevention fails, the Code also aims to handle insolvency with the goal of overcoming distress and return to profitability. The Code’s provisions will take effect 18 months after its publication in the Italian Official Journal (Gazzetta...

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Dr. Sam Natapoff, President of Empire Global Ventures, talked on Bloomberg following U.S. Trade Representative Robert Lighthizer’s testimony on China and the U.S Trade War.  Listen the podcast HERE Compliments of Empire Global Ventures, a member of the EACCNY

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As is the case in many European countries, you can seek a written agreement between creditor and debtor for acknowledgement of the debt that places the creditor in a better position in the event of a dispute. By obtaining a notarial deed between the debtor and creditor that sets out the terms of repayment, the notarial deed would be directly enforceable in the event of a default and the creditor can then start execution without the need to go to court.     Should the parties...

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By Marc S. Friedman | Director of Professional Relations| Global Commerce Education In the most recent article in this series, I explained how many non-US companies, including Baltic businesses, refrain from doing business in the US because of  Myths #8 - The possibility of many employee lawsuits scares us. I explained that through a use of techniques including documentation and training the risk of employee litigation against a company can be substantially reduced. In this...

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2018 was a year of transformation for the blockchain industry. While the market continued to see technological advancements in smart contracts, platform functionality, scalability and security, regulators took a firmer rein in pursuing those seeking to exploit the uninitiated or those engaged in outright fraud. In this issue of Greenberg Traurig’s Blockchain & Cryptocurrency Newsletter, we discuss some of the key enforcement actions and proceedings during 2018 that have shaped the regulatory environment...

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