The Ministry of Economic Development with its Newsletter no. 88612 of 25 March 2020 ruled that the Chamber of Commerce may issue declarations in English, if so requested by Companies, certifying “force majuere” conditions resulting from the current Covid-19 emergency.
The Court of Milan holds an automatic event of termination clause based on one of the parties’ breach of contract not to be overreaching. As such, unlike other overreaching covenants it does not require the specific written approval by the parties not to be considered invalid.