Italy Update: If a company is canceled, is there always a waiver of the right?

The cancellation of the company from the register of companies determines the waiver of claims only in the event that you are faced with an “express waiver”, meaning also that manifested through conclusive behavior univocally incompatible with the desire to exercise the rights.

And in fact, once the company is extinguished, the rights claimed by the same, not liquidated in the final balance sheet of liquidation (because at the moment not considered) pass into the ownership of the shareholders.

By Quorum, Italy, a Transatlantic Law International Affiliated Firm. 

For further information or for any assistance please contact italy@transatlanticlaw.com

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