clientbriefing

The new "Restructuring agreement with financial intermediaries", other changes to pre-bankruptcy creditors' compositions ("concordato preventivo") and other reforms to Italian insolvency law (July 2015)

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Introduction

The Italian Government has approved Law Decree No. 83/2015 of 27 June 2015, which introduces important new measures on Insolvency Law, Civil Law, Civil Procedure Law and Court Administration. This briefing focuses on the changes affecting Italian insolvency law. For a description of the new measures adopted to streamline and expedite credit enforcement proceedings, please refer to our earlier client briefing on "New enforcement procedure rules: the reform introduced by Law Decree no° 83 of 27 June 2015".

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