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
Il rilascio di garanzie upstream: quando rileva penalmente, secondo le differenti tesi interpretative del reato di bancarotta.
Il caso -
Nel caso preso in esame dalla sentenza in commento, una società (Beta) aveva...more
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