Lombardi Segni e Associati

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Changes to the Insolvency Act concerning composition and moratorium agreements

Italy - February 12 2016 Decree-Law 832015 on urgent measures concerning private law provisions, rules of civil procedure and the organisation and functioning of judicial

Documents required for pre-bankruptcy applications

Italy - June 26 2015 Composition with creditors a process governed by Articles 160 and following of the Bankruptcy Act (Royal Decree 2671942) is one of the tools

Draft law to reform insolvency procedures: group-wide pre-bankruptcy agreements

Italy - March 24 2017 The Rordorf Commission was established in January 2015 to develop draft legislation to reform the existing Insolvency Act

When necessity is the mother of invention: new insolvency proceedings for consumers

Italy - May 11 2018 The new civil insolvency proceedings look set to become increasingly important, especially considering their application to the large number of

Bankruptcy agreements: proponent creditors' right to vote

Italy - August 24 2018 Bankruptcy agreements are governed by Articles 124 to 141 of the Bankruptcy Law and aim to speed up bankruptcy proceedings. When a bankruptcy

Loans granted by shareholders of companies in crisis - evolution of rules and interpretation of problems

Italy - January 11 2019 The reorganisation effort of distressed companies often requires new funding. This has led the Italian insolvency system to abandon punitive solutions

Bankruptcy agreements: proponent creditors' right to vote

Italy - August 24 2018 Bankruptcy agreements are governed by Articles 124 to 141 of the Bankruptcy Law and aim to speed up bankruptcy proceedings. When a bankruptcy

When necessity is the mother of invention: new insolvency proceedings for consumers

Italy - May 11 2018 The new civil insolvency proceedings look set to become increasingly important, especially considering their application to the large number of

First steps in Bankruptcy Law reform process

Italy - January 19 2018 Following approval by the Chamber of Deputies on February 1 2017 and the Senate on October 11 2017, Law 155 (the delegation law) was finally

Compulsory liquidation of banks using ordinary insolvency proceedings

Italy - September 15 2017 In recent years, the Italian banking sector has suffered from severe difficulties, partly due to the reduction in industrial production and partly