Financial institutions playing different roles: The Parmalat case
Article Abstract:
The case of the Parmalat, which gives a good opportunity to analyze the issue of conflict of interests in the financial services industry, focusing on the role played by financial institutions as creditors and bond placers, is studied. This scandal shows that the distribution of powers among Italian supervisors is not well organized and the Bank of Italy is criticized for not correctly supervising the role of the banks leading to Parmalat's collapse.
Publication Name: European Business Law Review
Subject: Law
ISSN: 0959-6941
Year: 2006
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Marks & Spencer: Community law extends a helping hand
Article Abstract:
The criteria which member states impose on resident companies wanting, for tax purposes, to deduct a loss incurred in another member state is analyzed on the basis of the decision of case C-446/03, Marks & Spencer. This case decision is found to support the national tax authorities to gain a strong tool for ensuring that no double dipping takes place in the offsetting of cross-border losses.
Publication Name: European Business Law Review
Subject: Law
ISSN: 0959-6941
Year: 2006
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Judgment of the Swiss Supreme Court of 8 March 2006 - a commentary
Article Abstract:
A commentary on the judgment passed by the Swiss Supreme Court on 8th March 2006 is presented. The Swiss Court passed a judgment rejecting action seeking the annulment of an arbitration award.
Publication Name: European Business Law Review
Subject: Law
ISSN: 0959-6941
Year: 2008
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