The Insolvency Code contains a “debtor-in-possession” financing regulation that reforms the legal framework outlined in the Bankruptcy Law in force until August 2020.
Key Points:
..The newly enacted Insolvency Code...more
The Insolvency Code represents a comprehensive reform of the Italian legal framework of business crisis and insolvency.
Key Points:
..The “alert procedure” (procedura di allerta) offers out-of-court and confidential...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