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July 10, 2012

New Rules on Restructurings: Italian Bankruptcy Law Increasingly Aligned to U.S. Chapter 11

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Italian Bankruptcy Law has been extensively reformed in recent years in order to focus on the reorganization of distressed and failing businesses rather than on their liquidation. The Law Decree adopted by the Italian Council of Ministers on June 22, 2012 contains new provisions which aim at facilitating the reorganization of distressed businesses and increasing the efficiency of the Italian bankruptcy system.

View full memo, "New Rules on Restructurings: Italian Bankruptcy Law Increasingly Aligned to U.S. Chapter 11"

Authors and Contributors

Fredric Sosnick

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+1 212 848 8571

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Azam Aziz

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+1 212 848 8154

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Geoffrey Goldman

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+1 212 848 4867

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Donna Parisi

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+1 212 848 7367

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Patrick Clancy

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+44 20 7655 5878

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Domenico Fanuele*

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+39 06 697 679 210

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+39 02 0064 1510

*Partner, Studio Legale Associato Shearman & Sterling LLP

*Partner, Studio Legale Associato Shearman & Sterling LLP

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