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    Nuova condanna dell’italia per ritardi nei pagamenti della PA alle imprese?
    2014-02-13

    In data 3 febbraio 2014, la Commissione Europea ha aperto, a seguito delle numerose segnalazioni pervenutele dall’ANCE, da Assobiomedica, Confindustria e Confartigianato, una procedura accelerata di infrazione nei confronti dell’Italia, per presunti ritardi nei pagamenti della Pubblica Amministrazione (“PA”) alle imprese.

    A partire dalla suddetta data, l’Italia ha a disposizione 5 (cinque) settimane di tempo per rispondere alla Commissione Europea, dimostrando l’infondatezza delle segnalazioni e, di conseguenza, della procedura aperta nei suoi riguardi.

    Filed under:
    Italy, Insolvency & Restructuring, Projects & Procurement, Cugia Cuomo & Associati Studio Legale
    Location:
    Italy
    Firm:
    Cugia Cuomo & Associati Studio Legale
    Composition with creditors enabling business continuity. Different interpretations in case-law concerning public contracts.
    2014-03-25

    The institution of composition with creditors enabling business continuity (Article 186-bis of the Bankruptcy Law) and its impact on the legislative framework of public contracts (on the matter see “Composition with creditors enabling business continuity in public contracts”, June 2013, in www.nctm.it/wp-content/uploads/2013/11/CPCP) have given rise to contrasting applications of case-law, and as matters stand, the institution is often applied in different ways.

    Filed under:
    Italy, Insolvency & Restructuring, Litigation, Projects & Procurement, Nctm Studio Legale, Bankruptcy
    Authors:
    Giuliano Berruti
    Location:
    Italy
    Firm:
    Nctm Studio Legale
    For insolvency in insurance companies, the view of bankruptcy experts is no longer sufficient
    2014-04-11

    In order to assess whether or not an insurance company is in a state of insolvency, the yardstick to be used is not the same as for any other enterprise.

    Filed under:
    Italy, Insolvency & Restructuring, Insurance, Litigation, DLA Piper, Bankruptcy
    Authors:
    Francesco Cerasi , David Maria Marino
    Location:
    Italy
    Firm:
    DLA Piper
    Il Trust liquidatorio
    2014-05-29

    Il Trust è un istituto del sistema giuridico anglosassone di common law che regola, nell’interesse di uno o più beneficiari o per uno specifico scopo, molteplici posizioni giuridiche basate su legami fiduciari.

    Filed under:
    Italy, Insolvency & Restructuring, Litigation, Cugia Cuomo & Associati Studio Legale
    Location:
    Italy
    Firm:
    Cugia Cuomo & Associati Studio Legale
    Il concordato preventivo ostacola la dichiarazione di fallimento
    2014-07-24

    La Corte di Cassazione a Sezioni Unite è stata chiamata a pronunciarsi, ex art. 374 c.p.c. co. 3, in merito alla possibilità di dichiarare il fallimento di un imprenditore in pendenza di procedura di concordato preventivo aperta nei suoi confronti. Infatti, la Corte di Cassazione, sez. I civile, con ordinanza interlocutoria 7 febbraio – 30 aprile 2014 n. 9476, non condividendo il precedente orientamento delle Sezioni Unite n. 1521/2013, ha rimesso la decisione alle Sezioni Unite, affinché venga emessa la decisione del ricorso.

    Filed under:
    Italy, Insolvency & Restructuring, Litigation, Cugia Cuomo & Associati Studio Legale
    Location:
    Italy
    Firm:
    Cugia Cuomo & Associati Studio Legale
    Recent developments in insolvency law
    2014-09-10

     

    Filed under:
    Italy, Insolvency & Restructuring, Latham & Watkins LLP, Debtor, Limited liability partnership
    Location:
    Italy
    Firm:
    Latham & Watkins LLP
    Reckless bankruptcy of shareholders financing a company in distress
    2011-12-19

    On August 26, 2011 the Italian Supreme Court issued the decision no. 32899 stating that shareholders of a company will commit an offence if they unreasonably provide funds to a company in distress, rather than proceeding with the immediate liquidation of the company.

    Filed under:
    Italy, Company & Commercial, Insolvency & Restructuring, Litigation, CMS Legal, Bankruptcy, Italian Supreme Court of Cassation
    Authors:
    Paolo Bonolis , Gianfabio Florio
    Location:
    Italy
    Firm:
    CMS Legal
    Recent changes to Italian bankruptcy law
    2012-07-26

    In an effort to re-­launch the economic growth, with Law Decree No. 83/2012 (so called “Decree on Development”) the Italian government, inter alia, implemented several significant changes to Italian Bankruptcy Law (legge fallimentare).

    Filed under:
    Italy, Insolvency & Restructuring, Portolano Cavallo Studio Legale, Bankruptcy, Liquidation, Debt restructuring
    Authors:
    Tommaso Foco , Pietro Masi
    Location:
    Italy
    Firm:
    Portolano Cavallo Studio Legale
    A view from Italy: new ‘composition with creditors’ in light of recent rules introduced by Article 33 of Law Decree No. 83 June 22, 2012
    2012-11-09

    Law Decree No. 83/2012, providing “Urgent Measures for the Country's Development”

    Law Decree No. 83 of 22 June 2012 (the “Decree”), effective as from 26 June 2012 and converted into law with amendments1, has introduced important measures aimed at stimulating the Italian economy (also referred to as “Decreto Sviluppo”).

    The Decree, consisting of seventy articles, sets forth a heterogeneous set of rules, including, among other provisions, significant amendments to the Italian Bankruptcy Law.2

    Filed under:
    Italy, Insolvency & Restructuring, Greenberg Traurig LLP, Debtor, Title 11 of the US Code
    Authors:
    Alberto Santa Maria
    Location:
    Italy
    Firm:
    Greenberg Traurig LLP
    Novità in materia di sopravvenienze attive e perdite su crediti
    2013-02-08

    Con l’art. 33 del D.L. 22 giugno 2012 n. 831 il legislatore ha ampliato il novero delle ipotesi in cui le perdite su crediti iscritte in bilancio sono deducibili ai fini delle imposte sui redditi ed esteso agli accordi di ristrutturazione dei debiti omologati e ai piani attestati di risanamento la disciplina dell’irrilevanza impositiva delle sopravvenienze attive realizzate dall’impresa debitrice in relazione alla riduzione dei debiti nell’ambito delle procedure concorsuali.

    Filed under:
    Italy, Insolvency & Restructuring, Tax, CMS Italy
    Authors:
    Stefano Chirichigno , Guido Zavadini
    Location:
    Italy
    Firm:
    CMS Italy

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