Validity of preliminary contractual arrangements

June.18.2015

The  United  Sections  of  the  Italian  Supreme  Court  (Corte  di  Cassazione  aSezioni Unite) recently issued a remarkable ruling in relation to the validity of   Italian   law   preliminary   agreements   contemplating   the   subsequent execution  of  further  preliminary  agreements  (the  so  called  “preliminare  dipreliminare”), by decision no. 4628/2015 (the “Decision”).