PROCESSUAL LAW OF CRISIS AND INSOLVENCY

Course objectives

Inglese The course aims to provide in-depth knowledge of the regulation of the crisis of the company and of the debtor, as a consumer or professional, with regard to all aspects of the crisis and insolvency at the crossroads between the bankruptcy rules and the new discipline provided for in the Code of business crisis and insolvency under Legislative Decree 12 January 2019, n. 14. Procedural profiles of the discipline will be analyzed in particular, without neglecting the substantive aspects that are essential for understanding the subject. The analysis of the regulatory evolution still in progress constitutes a fundamental and essential step, to which constant attention is paid throughout the course. First of all, the course proposes to highlight the features of insolvency proceedings, starting from the traditional bankruptcy, now called "judicial liquidation", as a model of insolvency proceeding; it then focuses on the agreements for overcoming the crisis, in accordance with the provisions of the bankruptcy law and the new Code of crisis and insolvency, as well as other special laws. The course also addresses the proceedings for resolving the “over-indebtedness crisis”, which is now regulated within the same Code. The institutes introduced by the Code that innovate and integrate the traditional discipline are also analyzed, such as the alert procedures and assisted settlement of the crisis and the regulation of the crisis and insolvency of companies’ groups. Finally, the course focuses on the main lines of the extraordinary administration of large companies in crisis. In particular, an essential training objective is an in-depth understanding of the topics: Outline of bankruptcy proceedings. Bankruptcy and judicial liquidation: requirements, procedure and effects. The bankruptcy agreement. The bankruptcy of companies. The arrangement with creditors, as redefined by the new Code. Debt restructuring agreements and recovery plans. Administrative insolvency procedures. Procedures for resolving over-indebtedness crises. The state of crisis and insolvency of companies’ groups. The cross-border insolvency procedure. Criminal and fiscal profiles of bankruptcy proceedings. During the lessons some jurisprudential cases of particular interest will be properly reported and examined.

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ROBERTA TISCINI Lecturers' profile

Program - Frequency - Exams

Course program
The course focuses on the law of the company in crisis in the discipline of bankruptcy procedures, in the light of the various reform interventions that have affected the subject, and in particular in the light of the new Code of Business Crisis and Insolvency. The focus is in particular on judicial liquidation, after an extensive general overview of all the negotiated, judicial, administrative
Prerequisites
There is no propaedeuticity.
Books
The recommended texts is: M. Fabiani, Sistema, principi e regole del diritto della crisi d'impresa, Ed Il foro italiano/La tribuna, ultima edizione. The use and constant consultation of the "Codice della crisi d'impresa e dell'insolvenza" updated to the most recent reforms is essential. Recommended readings: Tedoldi, Crisi, insolvenza, indebitamento, Pacini, Pisa, ultima edizione, 2022 Cecchella, Il diritto della crisi dell’impresa e dell’insolvenza, Milano, Wolter Kluvers, 2020 ultima edizione
Teaching mode
The subject will be taught with lectures by prof. Roberta Tiscini. Supplementary teaching (such as seminars) will be also provided.
Exam mode
Oral examination (in this respect, the student is required to previously make an on-line reservation through “Infostud” system).
Lesson mode
Prof. Tiscini's course is structured in lectures. Supplementary teaching is planned in the form of seminars to be held by judges and lawyers who are experts in the field of competition procedures. There will also be exercises held by researchers and PhDs aimed at smaller groups of students, during which - also on the basis of proposals or requests from the students themselves - clarifications will be offered on the more complex institutes.
  • Lesson code10600290
  • Academic year2025/2026
  • Courselaw
  • CurriculumSingle curriculum
  • Year2nd year
  • Semester1st semester
  • SSDIUS/15
  • CFU9