Italy: Financial Restructuring

AlixPartners' 19th Turnaround & Transformation Survey reveals experts' concerns over companies using temporary debt extensions without addressing operational issues. Key risks include high capital costs, geopolitical instability, and rising distressed M&A activities.

Nearly a year ago, the Italian Parliament passed Law 155/2017 giving the Government twelve months to adopt a root and branch reform of the rules governing business distress and insolvency procedures,