Concurso. Italia

El Decreto Legislativo número 5, de 9 de enero de 2006, sobre la reforma orgánica de la disciplina de los procedimientos concursales, ha modificado en profundidad la Legge Fallimentare de 1942. La reforma, que entró en vigor en julio de 2006, ha adecuado la Legge Fallimentare a las sentencias de la Corte Costituzionale, a la nueva estructura del proceso civil y Derecho societario, ha simplificado y reducido los plazos del procedimiento, se ha ajustado al Reglamento 1346/2000, de 29 de mayo, sobre procedimientos de insolvencia y ha eliminado instituciones obsoletas.

Bankruptcy. Italy

Legislative Decree number 5 of 9 January 2006 on the organic reform of the discipline for bankruptcy procedures has deeply modified the Legge Fallimentare of 1942. The reform, which went into force in July 2006, has accommodated the Legge Fallimentare to the rulings of the Corte Costituzionale and to the new structure of the civil process and company law, and it has simplified and shortened the procedure's deadlines. It has been adjusted to Regulation 1346/2000 of 29 May on insolvency procedures and has eliminated obsolete institutions.