The Firm has gained vast experience, both in and out of court, in the field of banking, investment contracts and financial intermediation. The Firm’s team of attorneys specialized in banking law offers qualified and tailored assistance to its clients in the context of disputes between clients (both individuals and businesses) and credit institutions.
During the pre-trial phase, the Firm’s banking experts analyze all types of banking contracts, such as current account contracts, mortgages and loans, leasing agreements, derivative and swap contracts, also with regard to the application of usurious interest rates and compound interest; in this activity, the Firm avails itself of the support of qualified external counsel. This analysis is essential in order to defend the clients’ best interests during trial in disputes with financial intermediaries and credit institutions, which the Firm handles also by negotiating settlements agreements.
The Firm has also developed solid experience in the context of lawsuits vis-à-vis banks and credit institutions in relation to wrongful reporting to the Centrale Rischi (Risk Central).
News and Insights
By its recent decision no. 24641 of September 13, 2021, the Italian Court of Cassation again dwelled on the debated question relating to the right of the customer of a banking institution to obtain, in court, the exhibition of a copy of the documents relating to single transactions carried out, including account statements, also pursuant to Article 119 of the Italian Testo Unico Bancario (T.U.B.), as well as Article 210 of the Italian Code of Civil Procedure.
On 16 June 2021, a webinar with the participation of Prof. Ruffolo will be held, dedicated to the topic “Class action and collective injunctions: the new rules”, and organized by the Milan Bar Association.
Italian rules on class actions and collective inhibitory actions have been revolutionized by a reform (law no. 31/2019) whose entry into force, following several postponements, is now scheduled for May 2021.
The ongoing Covid-19 emergency and the adoption of measures for its containment face companies with serious problems in the management of their contractual relationships, affecting the ability of the parties to perform or receive the related obligations.
The current state of emergency relating to the spread of Covid-19 (“Coronavirus”), also following the measures adopted by the Government to contain the spread of contagion, places businesses, but also individual citizens, in the face of new problems, also of a legal nature