The debt restructuring agreement is a flexible instrument governed by law as a means of recovery. The company in crisis uses it when it wants to reduce its debt exposure and attempt consolidation.The article, in the light of the new Italian law on the crisis and insolvency of the company, examinesthe institution as a particular agreement, therefore as an act of contractual autonomy, which however requires the consent of a number of creditors and a necessary relationship of a professional who certifies its viability.
Fauceglia, D. (2020). Debt Restructuring Agreements in the New Italian Code for Crisis and Insolvency: General Profiles. INTERNATIONAL COMPANY AND COMMERCIAL LAW REVIEW, 5/2020(5), 273-285.
Debt Restructuring Agreements in the New Italian Code for Crisis and Insolvency: General Profiles
Fauceglia, D
2020-10-01
Abstract
The debt restructuring agreement is a flexible instrument governed by law as a means of recovery. The company in crisis uses it when it wants to reduce its debt exposure and attempt consolidation.The article, in the light of the new Italian law on the crisis and insolvency of the company, examinesthe institution as a particular agreement, therefore as an act of contractual autonomy, which however requires the consent of a number of creditors and a necessary relationship of a professional who certifies its viability.File | Dimensione | Formato | |
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