An important clarification on insolvency procedures in the European context for the recovery of debts from a foreign state came with the judgment of the European Court of 16 July 2020C-253/19. The sentence affects the interests of those who circulate within the EU space for work reasons and is of considerable importance because more andRead more

Very often both employers and employees confuse contract, subcontracting and contract assignment. The confusion is due to the idea of ​ ​changing the contract and the parties involved in the contractual relationship between the client and the contractor. This post from our Business Law Professional Corporation helps you clarify for all stakeholders who are entitledRead more

Corporate debtor insolvency code in Italy – Here are all the news The new Corporate debtor insolvency code in Italy has been approved. The Council of Ministers approved it on 19 January 2019, completing the procedure of the delegated law 155/2017. However, from the time of publication in the Official Journal 18 months will passRead more

The reform of Italian bankruptcy law has become law. What the lawyer Domenico Damiani says D. Which are the most important news organic revision of the whole Italian bankruptcy law? R. In the systematic reform of the legal framework concerning companies in distress and of the Bankruptcy Law regime, the company plays a central role inRead more

New procedure italian bankruptcy debt collection The new law on bankruptcy in Italy aims to prevent companies from becoming insolvent. Before reaching the point of an irreversible corporate crisis, the new law provides for out-of-court instruments to facilitate mediation between debtors and creditors and to manage debt insolvency. Read more

Recovering debts Greece Rehabilitation procedure If you have to recover a claim in Greece, you need to realise that the procedure is not simple and is different from that in Italy or other EU countries. Greece has introduced a new procedure for the recovery of claims called “rehabilitation procedure”. It is an out-of-court procedure thatRead more

Simplified arbitration procedure ICC International arbitration is the most widely used administrative tool to resolve international trade disputes. In international arbitration, in the agreement of the parties, the ordinary judge is replaced by a private arbitrator. The International Chamber of Commerce of Paris is among the most authoritative arbitration institutions in the world and isRead more

European order for payment The European order for payment procedure, i.e., the European injunction, is a useful tool to collect receivables from a foreign debtor. The European order for payment procedure is an alternative to that of the legislation of the State of the court having jurisdiction.Read more

Cross-border insolvency proceedings EU cross-border insolvency procedures to lodge claims will be safer and easier. EU Regulation No. 848 of 20 May 2015  for greater judicial cooperation in civil matters between EU Member States has taken into effect. The Regulation allows companies to restructure their debt more easily and facilitates the lodging of claims.Read more

Collect debts Provisional and executive payment decrees are powerful instruments for creditors who want to collect their debts. Under given conditions, payment decree is an injunction of payment valid as enforceable title. However, sometimes it is not sufficient to enable creditors to apply for bankruptcy procedures. Collect debts Advice by Law firm Rome.Read more