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Rosario Marcone

Deminor Recovery Services – Country Manager Italy. Responsible for promoting and managing Italian cases in the three core business area of Deminor Recovery Services: Investment Recovery, Antitrust Damages and Commercial Litigation

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Italy introduces new class action rules

The Italian Parliament has recently passed new class action rules with Law no. 31 of 12 April 2019 (the “Reform”). The ...

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SAIPEM S.P.A., Italy – Deminor clients appeal against first instance judgement

On 9 November 2018, against all expectations, the Court of Milan dismissed the claims brought against Saipem by Deminor ...

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Custodian bank statements considered insufficient evidence by Italian court

In a surprising decision, the Court of Milan ruled on 9 November 2018 that statements issued by global custodian banks ...

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Deminor Recovery Services investigates Genoa bridge collapse

On 14 August 2018, the Morandi Bridge, part of the Polcevera viaduct linking Italy to France via the A10 motorway, ...

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Banca Monte dei Paschi di Siena (MPS): an Italian story of incredible value destruction

Founded in 1472 as a charity to lend to the poor of Tuscany, Banca Monte dei Paschi di Siena (“MPS”), the Italian third ...

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What went wrong with the Italian banks?

In a press release of 26 October 2014, commenting the results of the Comprehensive Assessment conducted by the European ...

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Italy’s reform of mutual banks: institutional investors at the gates

On March 24, 2015, the Italian Parliament converted into law an emergency decree aimed at dramatically changing the ...

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