Abstract
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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The Separate Fund : A Peculiar Italian Legal Concept. / Gioia-Carabellese, Pierre de; Cecchetto, Nicola.
In: European Company Law, Vol. 10, No. 2, 2013, p. 45-50.Research output: Contribution to journal › Article
TY - JOUR
T1 - The Separate Fund
T2 - A Peculiar Italian Legal Concept
AU - Gioia-Carabellese, Pierre de
AU - Cecchetto, Nicola
PY - 2013
Y1 - 2013
N2 - 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.
AB - 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.
UR - http://www.kluwerlawonline.com/abstract.php?area=Journals&id=EUCL2013011
M3 - Article
VL - 10
SP - 45
EP - 50
JO - European Company Law
JF - European Company Law
IS - 2
ER -