In 2005/7, Italy implemented a two-step reform, which has radically changed some important aspects of the main bankruptcy proceedings and introduced new restructuring tools for distressed and bankrupted companies. This article will focus on the main changes in relation to the management of bankrupted companies and in particular on the powers of the creditors’ committee and on some issues that have recently arisen in relation to the newly introduced in-court and out-court debt restructuring agreements.

More management powers to the creditors and new restructuring agreements: Thoughts on the new Italian insolvency law

DOMENICHINI, GIOVANNI;
2007-01-01

Abstract

In 2005/7, Italy implemented a two-step reform, which has radically changed some important aspects of the main bankruptcy proceedings and introduced new restructuring tools for distressed and bankrupted companies. This article will focus on the main changes in relation to the management of bankrupted companies and in particular on the powers of the creditors’ committee and on some issues that have recently arisen in relation to the newly introduced in-court and out-court debt restructuring agreements.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11567/234007
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