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Also: Spain fined for excessive debt; and more...
Lawmakers have introduced further measures in order to stimulate new loans after the pre-filing for concordato preventivo or for a debt restructuring agreement.
No amendment to plan can now be made by debtor after voting.
The available remedies.
Also: a unified European rail market – good luck with that; restrictions on freedom in Italy; and more.
…in the interests of a company.
A debtor can cram down an agreement to dissenting minority lenders.
Italy, as many other countries in the western world, is facing a deep economic and financial crisis, which has affected the loan market and the ability of businesses to obtain bank financing.
Also: will Better Regulation for Better Results work?; private enforcement in antitrust; and more.
Public or government procurement in CETA, the economic and trade agreement between Canada and the EU
The Comprehensive Trade and Economic Agreement provides a range of measures to make doing business between Canada and the EU easier.
The Italian government is trying to shake up the lending market by Law Decree No 91 of 24 June 2014 (Decreto Competitività).
A debtor in a concordato preventivo pre-filing regime can suspend but not terminate agreements pursuant to bankruptcy law
Can the Bankruptcy Court authorise the debtor to terminate credit facility agreements when the debtor submitted a pre-filing for concordato preventivo?
The subject of so-called ‘minibonds’ has become particularly topical, following the recent conversion into law of the decree law ‘Destinazione Italia’ at the end of February.
This note concerns a number of controversial issues regarding interest termed as ‘usurious’, referred to in Italian Law 108/1996 and in the Italian Criminal Code.
The serious condition of the Italian archaeological and historical heritage is causing growing controversy. Pompeii is the litmus test of this situation.
A commercial entrepreneur who applies national accounting standards has the possibility to operate a revaluation of its industrial property assets in the 2013 balance sheet.
An article in the 2014 State Budget Act aims at fostering the modernisation or construction of sports facilities by simplifying the relevant administrative procedures and by foreseeing innovative funding.
Over the past four years, China has strongly intensified its efforts to promote the internationalisation of the RMB (CNY).
The Italian Revenue Agency has clarified that to be excluded from the scope of ‘abuse of rights’ are the agreements relating to mid- to long-term bank financing transactions entered into abroad and designed to have legal effect in Italy.
On 2 April 2013, the Italian Antitrust Authority published the new turnover thresholds.