Corio LLP – Attorneys & Lawyers - International Trade Law, Trademarks, Intellectual Property – Offices in Italy (Turin) and Spain (Madrid)

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Studio Legale Corio (Law Firm Corio) offers its clients a wide area of consultancy and legal assistance services - both judicial and extrajudicial - in the major fields of law, with particular reference to International Trade Law, Credit Recovery (national and international), Art Law and Intellectual Property.


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News

‘Counterfeit goods’ or ‘pirated goods’: joined Cases C446/09 and C495/09 - The EU Court of Justice has ruled that goods coming from a non-member State which are imitations of goods protected in the European Union by a trade mark right or copies of goods protected in the European Union by copyright, a related right or a design cannot be classified as ‘counterfeit goods’ or ‘pirated goods’ within the meaning of those regulations merely on the basis of the fact that they are brought into the customs territory of the European Union under a suspensive procedure. Those goods may, on the other hand, infringe the right in question and therefore be classified as ‘counterfeit goods’ or ‘pirated goods’ where it is proven that they are intended to be put on sale in the European Union.
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New Spanish Mediation Law -
Through Royal Decree-Law 5/2012, of March 2nd, on Civil and Commercial Mediation, Spain has incorporated into its legislation Directive 2008/52/EC of the European Parliament and of the Council, of May 21st, certain aspects of mediation in civil and commercial matters.
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Spain: from 1/1/2012 further reduction of the statutory maximum payment periods in commercial transactions.

Spanish Law 15/2010, which entered into force in July 2010, laying down measures against late payment in commercial transactions, provides that mandatory maximum term of payment in commercial transactions shall not exceed 60 days, and shall start on the date of receipt of goods or provision of services.
However, a transitional regime has been established to gradually reduce the maximum terms of payment allowed by Law, as follows: to December 31st, 2011, 85 days, from January 1st, 2012 to December 31st, 2012, 75 days,  after January 1st, 2013, the maximum term of payment will be 60 days (30 days for fresh and perishable products). It won’t be legal anymore for the parties to agree upon periods for payment in terms other than legal terms.
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