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Am 4. Februar 2025 wurde der neueste Entwurf des geänderten Konkursgesetzes („Entwurf“) vom Obersten Volksgerichtshof („SPC“) zur öffentlichen Stellungnahme veröffentlicht. Der Entwurf soll das geltende Konkursgesetz Nr. 51/2014/QH13 vom 19. Juni 2014 („Konkursgesetz 2014“) ersetzen und führt mehrere wesentliche Änderungen ein, die sich auf die Konkursverfahren auswirken können, die auf der Umsetzung des Konkursgesetzes 2014 ab seinem Inkrafttreten bis heute basieren. Die erste Frist für öffentliche Stellungnahmen läuft bis zum 25.

Le 4 février 2025, le dernier projet de loi amendée sur la faillite (« le Projet de loi ») a été publié par la Cour populaire suprême (« CPS ») pour consultation publique. Le Projet de loi est censé remplacer la loi actuelle sur la faillite n°51/2014/QH13 du 19 juin 2024 (« Loi sur la faillite de 2014 ») et introduit plusieurs changements significatifs qui pourraient impacter les procédures de faillite, se basant sur la mise en œuvre de la Loi sur la faillite de 2014 depuis son entrée en vigueur.

On 4 February 2025, the latest Draft of the Amended Law on Bankruptcy (“Draft”) was published by the People’s Supreme Court (“SPC”) for public comments. The Draft is prepared to supersede the current Law on Law on Bankruptcy No. 51/2014/QH13 dated 19 June 2014 (“Bankruptcy Law 2014”) and introduces several significant changes that may impact the bankruptcy procedures based on the implementation of the Bankruptcy Law 2014 from its effective date until now.

With two decisions (No. 1895/2018 and No. 1896/2018), both filed on 25 January 2018, the Court of Cassation reached opposite conclusions in the two different situations

The case

The Constitutional Court (6 December 2017) confirmed that Art. 147, para. 5, of the Italian Bankruptcy Law does not violate the Constitution as long as it is interpreted in a broad sense

The case

With the decision No. 1195 of 18 January 2018, the Court of Cassation ruled on the powers of the extraordinary commissioner to require performance of pending contracts and on the treatment of the relevant claims of the suppliers

The case

The Court of Cassation with a decision of 25 September 2017, No. 22274 confirms that Art. 74 of the Italian Bankruptcy Law provides a special rule, which does not apply to cases to which it is not explicitly extended

The case

With the decision No. 1649 of 19 September 2017 the Court of Appeals of Catania followed the interpretation according to which a spin-off is not subject to the avoiding powers of a bankruptcy receiver

The case

The Italian Government has been delegated to enact a comprehensive restatement of the whole set of rules of insolvency procedures, with specific innovative addresses regarding (to mention only the most important) the concordato preventivo procedure, venue rules, an out-of-court mediation alert process to timely address a risk of insolvency, new forms of security and a streamlined set of priorities among creditors

Introduction