New Code of Corporate Crisis and Insolvency CCII
The new Business Crisis and Insolvency Code (Legislative Decree No. 14 of January 12, 2019, the "Insolvency Code" or "CCII") was recently introduced. In the new Code, judicial liquidation replaces the "old" bankruptcy: this terminological change represents one of the most important novelties of the Code, as the Italian legislator decided to no longer [...]