Tonucci & Partners provides specific assistance on group companies matters. The Reform has introduced for the first time an organic discipline in the Civil Code (art 2497). The normative lays down duties and liabilities for directors and coordinators but introduces also a well structured discipline on director’s disclosure duties stressing the principle of transparency for group structure and operations concerning: documents and mail, registering with a special department of the register of companies, supplementary notes and operations report. Unavoidable though, to find out the assumptions of such duties and the modalities for their concrete implementation with particular regard to the director’s disclosure liability toward shareholders and thirds (art.2497-bis) in case they fail to comply with the above mentioned disclosure duties.
The Firm’s attorneys have been providing professional consulting on control chains optimization, legitimately modifiable through LBO operations or fusions. On the same ground, the Firm’s expertise regards company’s transformations, object of the innovative discipline introduced by the Reform.

Finally, needs to be said that all specialized legal services offered by the Corporate and Commercial Department coordinate with other Department's services (i.e.: drafting of organizational Models, management and control of administrative liability of penal type according to the Legislative Decree 8 June 2001, n. 231).