Giovannelli e Associati advised Ania F2i Fund on the acquisition of the majority stake in Compagnia Ferroviaria Italiana S.p.A.24/04/2020
Giovannelli e Associati advised Ardian and Dedalus Group on the closing of the acquisitions of part of Agfa-Gevaert’s healthcare IT business07/05/2020
With ruling n. 8162, 24th April 2020 (see here the full text in Italian), the Supreme Court stated that a transfer of undertaking lacking the requirements pursuant to art. 2112 of the Italian Civil Code affects the “uniqueness” of the employment relationship that was unlawfully transferred.
Specifically, that would create a “duplicity of relationships (one of which, de iure, restored with the original employer, …; while the other, de facto, towards the subject that is already transferee and actual user)”, in a way that the eventual dismissal by the transferee/actual user would not affect the original employment relationship between the transferor and the (unlawfully) transferred employee.
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