Relevance of business continuation for the purposes of qualifying or not qualifying the liquidation nature of the composition
24 August 2021Submission in court of an unrecorded document does not constitute a “use case” for purposes of assessment period duration
31 August 2021The Court of Bologna, 4th Civil Section, with the relevant decision no. 1826 of 02/08/2021, deemed two different mortgage loan contracts entered into between a bank and a company in liquidation to be null and void, as the amount disbursed exceeded the limit of financeability set forth in art. 38, paragraph 2, of the Consolidated Banking Law (T.U.B.) and by the CICR (Interministerial Committee for Credit and Savings) resolution of 22/04/1995, with the consequent declaration of ineligibility of the executive action brought under the same contracts.