The Italian Bankruptcy Law is becoming more investor friendly

On July 30, 2010 the Italian Parliament passed Law 122/20101 which, among others, improved the restructuring proceedings governed by the Italian Bankruptcy Law2 (“IBL”).

The improvements operate on two fronts of restructuring deals which had proven to be still unclear (and thus risky) despite the recent reform:

Filed under:
Italy, Insolvency & Restructuring, Orrick, Herrington & Sutcliffe LLP, Bankruptcy, Shareholder, Debtor, Unsecured debt, Mortgage loan, Negligence, Capital punishment, Bridge loan, United States bankruptcy court
Authors:
Daniela Andreatta
Location:
Italy
Firm:
Orrick, Herrington & Sutcliffe LLP