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During the last few years, Italian bankruptcy law has been shifting from a traditional "procedural/judicial" model, based on the central role of courts called upon to safe¬guard the "public interest" involved in bankruptcy by actively directing the procedure and making the most important decisions, to a model that recognizes the private interests of creditors.

Bankruptcy in Italy: Formalities of filing that you should know even if your company is a foreign one...

Recently Italian Company Law has been substantially modified by Legislative Decree no. 6/2003, which entered into force on January 1, 2004. This article focuses on the changes made by this legislation ("Reform") to the rules governing the management and representation powers of directors of limited stock companies.

Article 7(2)(m) of Regulation No. 2015/848 (as Article 3 of Regulation No. 1346/2000) provides that the receiver can exercise avoiding powers according to the law of the State where the insolvency procedure is opened (lex concursus).

Nel corso degli ultimi anni, il Legislatore ha profondamente riformato la sezione relativa alle procedure pre-fallimentari contenuta nel Regio Decreto n. 267 del 16 marzo 1942.

Italy's rescue-first approach under its restructuring and insolvency code, the CCII, is driving earlier corporate turnarounds and will create a broader range of distressed M&A opportunities for investors over the coming months.

If there is no agreement in place, then the European Central Bank interest rate, which is reviewed in January and July, increased by at least 8% points, is applied.

Corte di Cassazione, 6 settembre 2023, n. 1951 – rimborso anticipato dei costi sostenuti dal consumatore in caso di estinzione anticipata del finanziamento: in tema di estinzione anticipata del finanziamento, l'art. 125 del TUB, ...

This is an updated version of the StayCurrent Client Alert published on 2 July 2012 "New Italian Measures Facilitate Debt Restructuring and Protect DIP Financing", following the conversion of law decree No. 83 of 22 June 2012 (with amendments) (the "Decree") into law No. 134 of 7 August 2012.

Il Governo ha recentemente approvato, in esame definitivo, il testo del Decreto Legislativo che introduce il nuovo "Codice della crisi d'impresa e dell'insolvenza", in attuazione della Legge 19 ottobre 2017, n. 155, ...

Italian Supreme Court, 1 October 2026, No. 26039 – elective professional clients: a request for professional classification under Annex 3 to Consob Regulation No. 16190/2007, as regards possession of the requisite personal qualities, does not constitute a confession