Shareholder's agreements in unquoted companies according to the reform of company law in Italy

摘要

On 10 January 2003, the Italian Council of Ministers finally approved the 'organic reform of companies and cooperative societies' (the 'reform'). The reform will have far-reaching consequences on the entire Italian company law, whose system dates back to the approval of the Civil Code in 1942. In the light of the complexity of the reform, it was necessary to postpone its enforcement (until 1 January 2004) in order to enable all the parties concerned (economic operators, notaries public, registered accountants and, last but not least, lawyers) to adapt gradually to what some experts consider to be a radical revolution of Italian company law.