May 31, 2015

Insolvency declaration of the Italian subsidiary of a multinational Chinese company revocated

A multinational Chinese automotive company a has instructed us as expert witness before the Court of Appeal of Ancona aiming at the reversal of the first instance ruling by which the insolvency of its Italian subsidiary has been declare. We succeeded in demonstrating that not only that the prerequisites for […]
April 30, 2016

Patent box: it is not always possible to find true “comparables”

Two major Italian companies (one operating in the production of artistic home furniture; the other one operating in the scientific and cultural publishing) have instructed us to analyse and value their intangible assets. Both companies intend to file with the Italian Revenue Service for application of tax benefits (s.c. “patent […]
May 31, 2016

Fairness opinion on price for NPL portfolio

An Italian bank that is undergoing liquidation has instructed us to release a fariness opinion concerning the price offered by a prospective buyer of a portfolio of non performing loans.
June 30, 2016

Valuing a business on a two different bases of value

We have been instructed value a significant interest in the holding of a company group engaged in the production of cement and concrete. Our client would like to know the value of the interest depending on whether it keeps it as a long term investment or it sells it. We […]
September 30, 2016

Buying a troubled business at the right price: beware of claw-back action !

 We have been instructed by a quoted company to value a business that was purchased from a competitor, before the latter filed for bankruptcy before an Italian court. According to Italian insolvency law, an asset that has been sold by a debtor during twelve months prior to becoming insolvent may […]
November 30, 2016

Action brought against management of Italian subsidiary of German multinational company

We have been instructed to assist the directors and statutory auditors of an Italian subsidiary of a multinational German company. The subsidiary has been recently become insolvent. The court appointed receiver has promoted an action against directors and statutory auditors complaining that corporate transactions were made that resulted in a […]
January 31, 2017

The importance to rely upon professional asset valuations

We have been instructed to value a mid sized construction company. Our engagement’s context is that of an inheritance. The main difficult in this case was the lack of convincing figures concerning the value of property owned by the company. Such property has been valued “internally” by the company’s management […]
February 28, 2017

Fairness opinions for three Italian pension funds

We have been instructed by three Italian pension funds to prepare as many fairness opinions concerning the prices they have paid for making investments and for the procurement of goods and services. The fairness opinions shall help the three pension funds to object to complaints raised by the Italian supervisory […]
April 30, 2017

Assisting a social network before court

We have been instructed to assist a social network that has been summoned to appear before an Italian court. Plaintiff, a media company, pretends that the social network was not authorized to publish certain video material on its pages. We aim at demonstrate that no damages occurred and therefore nothing […]