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The new Italian Code of Business Crisis and Insolvency

The new Italian Code of Business Crisis and Insolvency

The new Italian Code of Business Crisis and Insolvency aims at a comprehensive reform of the Italian Insolvency law. An efficient Insolvency regime can be a driver for economic growth, allowing early awareness of financial distress and safeguarding the business’ entrepreneurial potential during a crisis, in order to avoid non-repayment of loans.