A look at the new code, which replaces the Italian Bankruptcy
Law and modifies elements of the Italian Civil Code, and comes into
force in August 2020.
We focus on key questions such as:
- What's new in the code?
- Who is concerned and how?
- What are the consequences for insurance?
- What opportunities does it create?
Legislative Decree no. no. 14/2019 implements the Crisis and
Insolvency Code, applying to crisis and insolvency situations of
large companies.
The code, which replaces the Italian Bankruptcy Law and modifies
certain provisions of the Italian Civil Code, will enter into force
on 14 August 2020 with the exception of the amendments to articles
2086, 2257, 2486 and 2477 of the Italian Civil Code, which entered
into force since 16 May 2019.
