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ARTICLE · 26 MARCH 2021

Third Party Enforcement In Italy

Article 543 of the Italian civil procedure code (‘c.p.c.') deals with the attachment by a judgement creditor of assets that belong to the judgment debtor...

ItalyFinance and Banking

Procedural steps

Article 543 of the Italian civil procedure code ('c.p.c.') deals with the attachment by a judgement creditor of assets that belong to the judgment debtor and that are in the possession of a third party and also with the attachment of debts owed by a third party to the judgment debtor.

As we explained in a separate article available at the following link https://www.hanoverbondlaw.com/2021/03/making-a-uk-money-judgment-enforceable-in-italy/, the last step that precedes the enforcement in Italy of a money judgment is the service on the debtor of the 'atto di precetto', essentially a final request by the creditor to pay the judgment debt within 10 days. Notably the atto di precetto expires after 90 days.

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