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
Via libera definitivo del Consiglio dei Ministri al decreto legislativo attuativo della riforma organica del diritto della crisi d’impresa e dell’insolvenza.
Il 10 gennaio 2019 il Consiglio dei Ministri ha approvato, in...more
La delega al Governo prevede un intervento sistematico sulla Legge fallimentare nonché modifiche alla disciplina sulla composizione della crisi da sovraindebitamento.
La legge delega n. 155/2017 ha affidato al Governo il...more
Italy’s latest law reforms continue with creditor-friendly amendments to support the local banking sector while providing confidence to investors.
Decree Law No. 59/2016 (the so-called “Banks Decree,” hereinafter 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
Il Regolamento si pone l’obiettivo di rendere più efficienti le regole sulle insolvenze transfrontaliere, trovare il giusto equilibrio nella protezione sia dei debitori che dei creditori e privilegiare il risanamento delle...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