This Chapter, through a legal analysis of the new legislation changes that recently occurred in Italy and the main enforcement procedures and best practices seen in the Italian Market as utilised by international lenders, aims at providing a high level overview of the Italian NPL Market.
Since the occurrence of the GFC, resulting in the worsening of the creditworthiness of the borrowers (in particular the small and medium-sized enterprises), the Italian NPL global change initial case market after NPL has grown to more than €350 billion in 2016 (tripling since 2007).
Originally published in Sweet & Maxwell - November, 2016.
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