Restructuring essentials: the main restructuring tools under Italy's revised code episode artwork

EPISODE · Oct 4, 2024 · 4 MIN

Restructuring essentials: the main restructuring tools under Italy's revised code

from A&O Shearman Europe insights · host A&O Shearman

Episode 2: Italy's restructuring landscape has been redesigned. The third amendment to the Italian Business Crisis and Insolvency Code has modified, expanded, and in some cases fundamentally altered the toolkit available to companies facing financial difficulty. For legal advisers and corporate directors navigating this environment, clarity on which tools remain available, which have changed, and which are now most strategically useful is a prerequisite.  In this episode, our restructuring specialists map the main restructuring mechanisms under the amended code, explaining how each tool has been affected by the latest legislative changes. Which procedures offer the strongest protection from creditor action? Where have the eligibility requirements or content obligations been modified? And how should companies and their advisers be approaching the choice of restructuring route given the revised landscape?  Legal professionals and corporate advisers supporting companies through financial difficulty in Italy will leave this episode with an updated map of the restructuring toolkit and the framework to select the right route for their specific situation.  Note: This episode is recorded in Italian.  Restructuring Essentials provides detailed commentary from A&O Shearman's restructuring specialists on the key changes introduced by the third amendment to the Italian Business Crisis and Insolvency Code. Each episode examines a specific restructuring mechanism and its practical implications for companies operating in Italy. 

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