Intesa Sanpaolo (Milan)

Irene de Angelis

Intesa Sanpaolo (Milan)
Head of Antitrust Affairs

Irene De Angelis is head of antitrust affairs for Intesa Sanpaolo, based in Milan. She supports the bank in reducing corporate risk exposure, protecting reputation and using competition law as a tool to increase the competitive edge. Qualified lawyer in Italy, Irene de Angelis joined Intesa Sanpaolo in 2008. She previously spent several years in the private practice and then was legal counsel for the Belgian-Italian Chamber of Commerce in Brussels. She is member of the International Chamber of Commerce (ICC) Committee on Competition, and member of the Business at OECD (BIAC) Competition Committee. In 2017, Irene de Angelis was recognised amongst the “30 in their 30s Notable Women in Competition 2017”. Italian, Irene spent part of her career in Brussels.

Linked authors

International Chamber of Commerce Italia (Rome)
Intesa Sanpaolo (Milan)
Intesa Sanpaolo (Milan)

Videos

Irene de Angelis (Intesa Sanpaolo)
Irene de Angelis 19 February 2020 London

Articles

508 Bulletin

Fabrizio Di Benedetto, Irene de Angelis, Jacques Moscianese, Stefano Lucchini The EU Court of Justice considers the compatibility of the bail-in provisions in the 2013 banking communication with the principle of proportionality (Kotnik)

349

Bank rescue in the European Union. From bail-out to bail-in* States have traditionally faced banking crisis through the so-called bail-out tool: public resources have been used for a long time in order to rescue banks, putting the burden on public finance, thus on taxpayers. Actually, this (...)

Jacques Moscianese, Irene de Angelis The Italian Court of Milan rejects a claimants suit to declare the invalidity of a loan agreement which is part of the EURIBOR rate cartel for insufficient evidence (Alpina Società Immobiliare / Arno / Enrico Belloti / Banco di Brescia / Banca Popolare)

37

Brief summary of facts Arno SRL had entered, with BPCI, into a loan agreement with an interest rate anchored to the EURIBOR rate, and Alpina and Enrico Belloti had given a guarantee. The loan had subsequently been sold to BBSP. Following the assessment of the EURIBOR Cartel made by the (...)

Jacques Moscianese, Irene de Angelis The Italian Court of Milan dismisses a private enforcement action on the grounds that the claimant failed to demonstrate that the alleged clauses in an agreement were anti-competitive (Franco Bartolomei / Banco Popolare)

13

Brief summary of facts Claimant had given a guarantee on a loan. Claimant had asked the court to declare the invalidity ofthe guarantee because the contract contained three clauses that were deemed the object of an anti-competitive agreement by the ICA, in a non-binding opinion (ICA case (...)

Jacques Moscianese, Irene de Angelis The Italian Supreme Court overturns the Appeal Court’s dismissal decision in a follow-on damages claim over an anti-competitive agreement in the insurance industry (Felicia Santoro / Alleanza Toro)

21

Brief summary of facts Alleanza Toro, an insurance company, was fined by the ICA for having participated in a horizontal anti-competitive agreement that resulted in higher premiums to consumers. The Court of Appeal had refused the request of damages demanded by claimant, stating that the ICA (...)

Jacques Moscianese, Irene de Angelis The Italian Supreme Court holds that the Competition Authority’s decision establishes the existence of anti-competitive conduct and constitutes sufficient evidence for a consumer to prove damages (Felicia Santoro / Milano Assicurazioni)

38

Brief summary of facts Milano Assicurazioni, an insurance company, was fined by the ICA for having participated in a horizontal anti-competitive agreement that resulted in higher premiums to consumers.The Court of Appeal refused the request of damages demanded by claimant, stating that the (...)

Jacques Moscianese, Irene de Angelis The Italian Supreme Court holds that the Competition Authority’s decision establishes the existence of an anti-competitive conduct and constitutes sufficient evidence for a consumer to prove damages (Daniele Spedaliere / Reale Mutua)

15

Brief summary of facts Reale Mutua, an insurance company, was fined by the ICA for having participated in a horizontal anti-competitive agreement that resulted in higher premiums to consumers. The Court of Appeal refused the request of damages demanded by claimant, stating that the ICA (...)

Jacques Moscianese, Irene de Angelis The Italian Supreme Court dismisses an appeal filed to challenge a damages claim and rules that it is possible to presume the damages suffered by consumers if the anti-competitive agreement has been sanctioned by the Competition Authority (Fondiaria Sai / Luigi Lupo)

17

Brief summary of facts Fondiaria Sai, an insurance company, was fined by the ICA for having participated in a horizontal anti-competitive agreement that resulted in higher premiums to consumers. It considers that the Court of Appeal erred in presuming that the higher insurance premiums were (...)

Jacques Moscianese, Irene de Angelis The Italian Court of Milan rejects a claimants suit to declare the invalidity of a loan agreement which is part of the EURIBOR rate cartel for insufficient evidence (Best Office / Intesa Sanpaolo)

18

Brief summary of facts Best Office S.p.A. had taken out a loan from Intesa Sanpaolo. The interest was based on the EURIBOR rate plus a fixed rate. Claimant asked to declare the invalidity of the loan or, alternatively, of the interest rate, as EURIBOR was the object of a presumed (...)

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