The Companies Law prohibits shareholders who are directors from voting, including by proxy, on their discharge „or on a matter in which their person or administration would be at issue”. Article 126 regulates the generic conflict of interest between the shareholder and the company, when the directors are those who have prepared the financial statements and have every interest in being approved. The prohibition to exercise the right to vote is ...

It has been three years since the European Union’s General Data Protection Regulation (GDPR) came into force, one of the most debated and analysed piece of EU legislation. Throughout this period, and especially after its implementation, starting with 25 May 2018, mechanisms have been explored and still are being explored aimed at ensuring that a reasonable balance is struck between the need to respect the rights of European citizens, called dat...

Members of the board of directors or board of supervisors mandate bears legal limitations and possible statutory limitations in order to ensure a fair administration, in the company’s interest, as it is sees by the law and the shareholders. To prevent the tendency of putting the personal interest above the company’s one, the law sanctions not only general issues, but defines certain particular situations considered presumptive conflictual form t...