The Supreme Court of Cassation, by decision n. 11626 of 07.04.2020, ruled on a highly debated issue since the entry into force of the Legislative Decree no. 231/2001 stating that foreign legal entities, without offices in Italy, may be held liable for criminal offences committed in the Italian territory.
The Supreme Court has recently stated, although in obiter dictum, that it is possible for the purchaser of shares to resolve the termination of the contract of the sale because of the different economic consistency of the company whose shares have been sold compared to that which was declared by the seller.