Decision of the Tribunal of Milan, VI Civil Section, of 26 June 2012

The Court ruled that Italian law was applicable to a contract concerning the custody of bonds, concluded  between an Italian citizen and a company based in London and registered in the U.S.; and this because, in accordance with  Article 4 of the 1980 Rome Convention on contractual obligations,  Italy was the country with which the contract was most closely connected. Remembering the principles enshrined in the 2007 Lugano Convention on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters , the Court further  ruled that it had no jurisdiction over a Swiss company involved in the case, which could be sued only in Switzerland.