Italy: Update on Bankruptcy Law Reform

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At the end of a lengthy process ending with the report drawn by the Rodorf Commission in December 2015 and with the draft law presented by the Government to the Chamber of Deputies in March 2016, the enabling law reforming the legal framework for enterprises in distress and insolvency proceedings was approved by Parliament in October 2017; afterwards, on 30 October 2017, the law No. 155 of 19 October 2017 named “Delegation to the Government to reform the corporate crisis and insolvency” was published in the Italian Official Gazette.

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