Mese: Gennaio 2022

Ughi e Nunziante has named Benedetto Colosimo partner of the Firm as part of a plan to strengthen the banking and finance practice with a focus on the fintech sector, in which Mr. Colosimo provides assistance to supervised entities including banks, payment institutions and crowdfunding operators.

He has been in Ughi e Nunziante since 2008 and Counsel since 2019, Benedetto Colosimo has many years of experience in extraordinary operations.

Mr. Colosimo is a member of various advisory committees of investment funds and provides assistance to international and national clients in the pharmaceutical and health sectors, where he has assisted pharmaceutical groups in the reorganization of their activities in the Italian market, as well as healthcare institutions in the construction of complex infrastructures.

Ughi e Nunziante, with partner Daniela De Pasquale, successfully assisted SCF in its claim against an important retail chain, seeking payment of fees owed according to SCF’s applicable rates for public performance of the music signal  through their in-store radio program.

SCF is the principal Italian collecting society for the collection of royalties attributed to record producers under Copyright Law.

The Court of Bologna found that the chain is obligated to pay the fees set out in SCF’s rates for communicating to the public the music signal in its network of company-owned and franchised stores throughout Italy, which is in addition to the fees paid by the music provider for the use of the songs for in-store radio (reproduction right).

The ruling represents a major achievement for the recording industry as it affirms, for the first time, that such fees also apply to franchising networks.