News
The Italian Chamber of Deputies has approved a bill on delegation for the reform of insolvency law
- 06/02/2017
On 1st February, after the positive examination by the Tenth Permanent Commission, the Chamber of Deputies has approved a bill on “Delegation to the government for the reform of insolvency law”.
This bill sets the general principles for the organic reform of insolvency proceedings and over-indebtedness settlement procedures, now regulated by Royal Decree of 16th March 1942, no. 267 (Insolvency Law).
In particular, a new liquidation procedure will take the place of current bankruptcy proceedings. Also, a preliminary alert stage will be introduced and access to reorganization plans and debt restructuring agreements will be easier.
For the final text of the reform, it is now necessary to wait for the approval by the Senate, which is due in the following months.
NEWS
The Contracting Authority enjoys wide discretion in the evaluation of technical offers
18/04/2024The Council of State, section V, in its judgement of 27 February 2024, no. 1911, rendered on the subject of tenders, reaffirmed that "the evaluation of the tenders and, likewise, the awarding of sc...
- 15/04/2024
The Court of Cassation, in its judgement of 20 March 2024, no. 7329, rendered in banking matters, ruled that "in bank account agreements, the statement of account balance has evidentiary effectiven...
- 14/03/2024
The Court of Cassation, in its Order No. 34889 of 13.12.2023, ruled that banking or financing contracts that refer to a manipulated Euribor rate through a restrictive agreement by credit instituti...
