Following recent changes to insolvency procedures in Italy, a panel of experts discussed the issues facing investors and future legal developments.
At Debtwire's Italian Restructuring Forum in Milan, speakers discussed the options that were available for achieving a debt restructuring under Italian insolvency law, including:
- Available insolvency routes for companies in financial difficulties
- What routes are most valuable for investors?
- Did the recent amendments prove effective to grant protection and incentive new money provision?
- Has investor perception changed in relation to Italian in-court proceedings? Last resort versus efficient restructuring avenue.
- Restructuring high yield credits: do you anticipate exchange offers will become a common tool, in line with the evolution of the US and UK market?
