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Proposal is intended to address enforcement issues.
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.