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Italy: Insolvency Proceedings

  • P. Pajardi

Abstract

The principles of Italian bankruptcy law are to be found in the general rules on patrimonial responsibility, by which (Article 2740 of the Italian Civil Code, at present in force) the debtor must try to meet his debts with all present and future assets, while his creditors have the same right to be paid out of the debtor’s said assets, except where there are legitimate rights of pre-emption (for example, privileges, special guarantees, mortgages).

Keywords

Insolvency Proceeding Special Contract Bankruptcy Proceeding Control Administration Bankruptcy Procedure 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Association Européenne des Praticiens des Procédures Collectives 1984

Authors and Affiliations

  • P. Pajardi

There are no affiliations available

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