Provisions on insolvency proceedings

Decree 8 April 2020, No. 23

By Decree No. 23 on 8 April 2020 (in the Italian Official Journal No. 94 on 8 April 2020) – called “Decreto Liquidità”, the Italian Government regulated, among others, some urgent measures on insolvency proceedings. As such measures are related to civil proceedings, their factual application shall be assessed on a case by case analysis, also in light of the provisions on civil justice set forth by the previous Decree “Cura Italia”, No. 18 on 17 March 2020, that have been examined in our previous newsletter on that matter.