The so called “Banks Decree” Decree (Law Decree no. 59/2016, hereinafter the “Decree”), published on the Official Gazette and converted into Law no. 199/2016, has recently entered into force.
The main purpose of the...more
In light of the UK’s cram down and director-friendly processes, in particular its scheme of arrangement model, major European economies such as France, Germany and Italy have worked hard to develop regimes that give greater...more
6/7/2016
/ Bankruptcy Reform ,
Commercial Bankruptcy ,
Cramdown ,
Creditors ,
Debt Restructuring ,
Debtors-in-Possession ,
Directors ,
EU ,
France ,
Germany ,
Insolvency ,
Italy ,
Spain ,
UK
Material changes to the Italian bankruptcy law will likely result in increased interest from investors in the distressed market.
Italian legislators recently passed significant amendments to the legal framework...more
Material changes to the Italian bankruptcy law will likely result in increased interest of investors in the distressed market.
The Italian legislators passed significant amendments to the legal framework applicable to...more
Il Decreto ha chiarito dubbi interpretativi e introdotto nuovi strumenti che possono favorire l’esito positivo dei processi di risanamento dell’impresa in crisi.
È stato pubblicato nella Gazzetta Ufficiale n. 147 del 27...more
Italian legislative amendments promote rescue over liquidation for companies facing insolvency, in line with this year’s European Commission recommendation.
Italian lawmakers have passed two decrees which will provide...more