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==History== During the [[Middle Ages]], Italy was the cradle of many modern institutions at the basis of commercial law. Around the 16th century, the trade of Italian [[maritime republics]] was the promoter of the birth of commercial law: the jurist [[Benvenuto Stracca]], ([[Ancona]], 1509β1579) published in 1553 the treatise ''De mercatura seu mercatore tractats''; it was one of the first, if not the first, legal imprint dealing specifically with commercial law. This treatise focused on merchants and merchant contracts, practices and maritime rights, to which he soon added extensive discussions of [[bankruptcy]], factors and commissions, third party transfers, and [[insurance]]. For this reason, Stracca is often considered the father of commercial law and author of the first Italian treaty about the insurance contract, beyond about the commerce. The legal work of Italian jurists had an impact on [[Holland]], [[Germany]], [[England]] and [[France]].<ref> *''Modernisation, National Identity and Legal Instrumentalism'' (Vol. I: Private Law): ''Studies in Comparative Legal History'', Brill, 2019 (p. 118); *Vito Piergiovanni, ''The Courts and the Development of Commercial Law'', Duncker & Humblot, 1987 (p. 14); *Encyclopedia Treccani, ''[http://www.treccani.it/enciclopedia/benvenuto-stracca_%28Dizionario-Biografico%29/ Benvenuto Stracca]''</ref>
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