Global Insolvency | Daily News Headlines on Insolvency Developments across the Globe

New Italian law for over-indebtedness

Italy has been, untilrecently, one of the fewcountries not disposing of a law concerning the insolvency of individuals and the need for a procedure allowing a person notsubjectto bankruptcy proceedings to discharge its indebtedness through a procedure involving the creditorswasreally needed

Italy's new debt restructuring rules / Novità in materia di risoluzione della crisi di impresa

The Italian Cabinet adopted today a Law Decree introducing important measures aimed at stimulating the Italian economy, including significant amendments to the Italian Bankruptcy Act.

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL AND THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL AND THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE on the application of Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings The European Commission has published its report on the application of the EC Regulation on Insolvency Proceedings, together with proposals for amendments to the Regulation.

Country reports: Latvia. Entry criteria controversies

One very controversial judgement was the subject of a hot public debate and almost an international scandal at the beginning of 2012 in Latvia.

America Now!

America Now! - ABI's 2012 International Insolvency & Restructuring Symposium, Rome - Lucio Ghia, Donald S. Bernstein, James L. Bromley, Bryan P. Marsal, Hon. James M. Peck

Super-Priority Financing in Europe: New Dawn or False Dawn?

Super-Priority Financing in Europe: New Dawn or False Dawn? - ABI's 2012 International Insolvency & Restructuring Symposium, Rome - Nancy A. Peterman, Lodovico Zocca, H. Phillip Esser, Fabrice Keller, David Wilton

Regulation and Remuneration of Insolvency Professionals: A Comparative Study

Regulation and Remuneration of Insolvency Professionals: A Comparative Study - ABI's 2012 International Insolvency & Restructuring Symposium - John Milsom, James H.M. Sprayregen, Ivo-Meinert Willrodt, Giorgio Corno

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

Douglas P. Bartner, Fredric Sosnick, Andrew V.

Further amendments to the Italian Bankruptcy Law on restructuring

Six years after the reform of the Italian bankruptcy law, new rules to regulate restructuring procedures were passed by the Italian government on 15 June 2012. The purpose of the new rules is to facilitate access to procedures for restructuring debt for firms in financial difficulty. The two main changes introduced by the reforms are: