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International regulatory update 10-14 December 2012
- Clifford Chance LLP
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- European Union, Germany, Hong Kong, Italy, Spain, United Kingdom, USA
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- December 17 2012
The European Council (Heads of State or Government) has published the conclusions from its meeting on 13 and 14 December 2012, at which it agreed on a roadmap for the completion of the Economic and Monetary Union
Decree Law No. 78 of 31 May 2010 as converted by Law No. 122 of 30 July 2010: additional changes to Italian bankruptcy law
- Latham & Watkins LLP
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- Italy, USA
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- February 28 2011
Italian bankruptcy law Royal Decree No. 267 of 16 March 1942 (the Bankruptcy Law) underwent a substantial reform between 2005 and 2009, mainly aimed at introducing (i) a more efficient regulation of the pre-bankruptcy agreement procedure (concordato preventivo) and (ii) new pre-bankruptcy schemes of arrangements, in the form of the out-of-court debt restructuring plan (piano attestato di risanamento) and the debt restructuring agreement (accordo di ristrutturazione dei debiti
Comparison of Chapter 11 United States Bankruptcy Code
- Jones Day
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- France, Germany, Italy, United Kingdom, USA
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- August 2 2007
Chapter 11 focuses on preserving reorganization or going concern value over liquidation value
