Bankruptcy

Mediation and over-indebtedness in Italy (1) In 2005, in Italy, a reform of the insolvency procedures started out, which reached an ubi consistam in August 2010. Among the main innovations there was the introduction of spaces of negotiation between debtor and creditors, extensive in the debt restru... [Read All]

  As it was before, the “composition with creditors” (art. 160, Italian Bankruptcy Act) helped too little the insolvent entrpreneurs. Not to mention the “restructuring agreements” (art. 182bis, I.B.A.). The tools provided by the legislator between 2005 and 2006, were am... [Read All]