Italy – Italian government acts to postpone Insolvency law reform and relax corporate law for companies during the COVID-19 crisis

The Italian Government has enacted Law Decree no. 23/2020, which was published in the Official Journal on April 8, 2020 and entered into force starting from April 9, 2020 (the Decree), introducing various new measures aimed, inter alia, at supporting companies affected financially by COVID-19 outbreak and shutdown in Italy.

This newsflash outlines the measures rescheduling the entry into force of the Insolvency law regime and relaxing certain corporate law requirements, and looks at which companies will be eligible to take advantage of the new provisions.

Read more: Italy – Italian government acts to postpone Insolvency law reform and relax corporate law for companies during the COVID-19 crisis


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