Abstract
Under Italian Law, the separate fund (or patrimoni destinati ad uno specifico affare) is a concept introduced as a result of the Italian company law reform a decade ago to introduce an innovative way to do business. In short, a fraction up to ten per cent of the assets of a company is to be isolated from the company of origin and set up to carry out business by itself, with a high degree of autonomy in terms of liabilities, albeit under the management of the parent entity.
| Original language | English |
|---|---|
| Pages (from-to) | 45-50 |
| Number of pages | 6 |
| Journal | European Company Law |
| Volume | 10 |
| Issue number | 2 |
| Publication status | Published - 2013 |
| Externally published | Yes |
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Cite this
Gioia-Carabellese, P. D., & Cecchetto, N. (2013). The Separate Fund: A Peculiar Italian Legal Concept. European Company Law, 10(2), 45-50.