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La decisione delle Sezioni Unite in materia di contratti derivati: profili di criticità della sentenza n. 8770/2020

Nicolò Galasso    Dottorando di ricerca in Diritto, mercato e persona nell’Università Ca’ Foscari Venezia, Italia    

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abstract

The ruling of the Supreme Court declares a derivative contract null and void due to the lack of informative elements, such as the mark to market, the probabilistic scenarios and the hidden costs. The failure to indicate these elements determines the lack of a clear and defined causal profile of the contract. The Court arrives at this solution, focusing only on the principles of civil law, leaving aside, however, the specific rules contained in the TUF.

Published
Dec. 21, 2020
Accepted
Dec. 29, 2021
Submitted
Nov. 30, 2021
Language
IT

Keywords: Derivati conclusi da enti pubbliciCausa (nozione, distinzioni)AutorizzazioneContratti derivatiRequisiti (elementi del contratto)Organo competente

Copyright: © 2020 Nicolò Galasso. This is an open-access work distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction is permitted, provided that the original author(s) and the copyright owner(s) are credited and that the original publication is cited, in accordance with accepted academic practice. The license allows for commercial use. No use, distribution or reproduction is permitted which does not comply with these terms.