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03/06/2025

The evolution of corporate distress legislation is one of the most significant progressions in today’s business law. This evolution has not merely altered the legal instruments available to entrepreneurs, but has impacted the underlying model of the approach to insolvency, gradually moving away from a sanctions-based treatment towards a vision focused on business continuity.

Starting with the “development decree” and then the Corporate Distress and Insolvency Code, we have witnessed a change in perspective that is not yet complete but has nevertheless been consolidated in law.

In his article for Altalex, Lawyer Maurizio Borra summarises the key aspects of this transition and offers a critical assessment of the current situation.

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