News
Pre-deductible credits arising on the basis of the arrangement with creditors and conditions for the recognition of the pre-deductibility in the subsequent bankruptcy
- 10/01/2022
The Court of Cassation with Sentence no. 42093 of 31th December 2021, in the matter of bankruptcy and insolvency proceedings, affirmed the following principle of law: “The credit of the professional appointed by the debtor to provide technical assistance for accessing the arrangement with creditors is considered to be predeductible, even in the subsequent and consecutive bankruptcy, if the relative performance has been functional (pursuant to Article 111 paragraph 2 of the Bankruptcy Law - pre-deductible credits), for the purposes of the first procedure; contributing to the conservation or increase of the company's corporate values”.
NEWS
- 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...
- 12/03/2024
The Court of Cassation, in its judgment of 26 February 2024, no. 5068, ruled that "The transfer of a professional athlete from one sports club to another, in return for payment and before the natur...
Telephone services: 28-day billing unlawful according to the Court of Cassation
29/02/2024The Court of Cassation, Sec. III, in its judgment of 15.2.2024, no. 4182, ruled that "It is a misleading practice and therefore prohibited for a telephone operator to establish a payment frequency ...