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Restructuring essentials: composition with creditors under Italy's new code
Episode 1: The third amendment to the Italian Business Crisis and Insolvency Code is now in force. Its reach extends across the full range of restructuring procedures, altering the conditions, requirements, and strategic value of each one. For companies in financial difficulty and the advisers guiding them, understanding what has changed, and what it means in practice, is now urgent.
A&O Shearman's restructuring specialists open this series by examining the key changes the third amendment makes to composition with creditors. What are the revised requirements for accessing the procedure? How…
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