The Code of business crisis and insolvency (Italian Legislative Decree no. 14/2019) which will officially enter into force on 5 August 2020, is about to become the fundamental reference for insolvency proceedings.
The Code introduces interesting innovations for entrepreneurs and has the objective of reforming the discipline of insolvency procedures and will specifically allow an early diagnosis of the state of insolvency and corporate crisis.
The central theme of the bankruptcy reform is the creation of an alert system that will allow a rapid emergence of the corporate crisis, in the perspective of reorganisation of the company and in any case of the highest satisfaction of creditors.
In our collection of news and articles on the subject we will address all the issues related to this reform that marks an important change for companies, forcing them towards a more structured and controlled management.
Are you an entrepreneur and do you want to adapt your company to the new obligations?
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